DSM, ADM and BASF SE are Dominating the Market for the Europe Pet Food Ingredients Market in 2019

Europe Pet Food Ingredients Market is expected to grow with the healthy CAGR of 4.8% in the forecast period 2020 to 2027. The years considered for study are as mentioned below.

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Europe pet food ingredients market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments in expanding their production facility for manufacturing of different types of pet food ingredients, various acquisitions and partnership to enter in specific market have led the manufacturers to established their foot prints.

The major players dealing in the Europe pet food ingredients market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio. In July 2020, ADM launched new animal nutrition product named as NutriPass L Encapsulated Lysine which is rumen-stable and intestinally available for cows. The product offers a stable and consistent supply of metabolizable lysine for lactating cows and growing cattle. This new product launch by ADM increased its product portfolio in pet food segment thereby increased demand for its product in market leading to increased revenue in future.

DSM is the dominating player in the Europe pet food ingredients market and accounts the highest market share in 2019, which is followed by ADM, BASF SE,  DuPont, Barentz, Ingredion Incorporated, Cargill, Incorporated, Kerry Inc., Balchem Inc., Roquette Frères, Darling Ingredients Inc, Omega Protein Corporation and Tate & Lyle among others.

 Europe Pet Food Ingredients MarketDSM:

DSM is headquartered in the Netherlands which was founded in 1902. The company focus on delivering and developing new scientific solutions in health, nutrition and sustainable living that benefit the planet and people across the world. The company deals in various business segments and they are nutrition, materials, innovation, and corporate activities. The market focused business segment for our market is nutrition. The company provides its products through its product categories and they are animal nutrition & health, human nutrition & health, personal care & aroma ingredients, pharmaceuticals, food specialities, engineering materials, coating resins, protective materials, additive manufacturing, biomedical, advanced solar, bio-based products & services. The market focuses category is animal nutrition & health.

  • In June 2020, DSM announced to acquire Erber Group based in the Europe. Erber Group operated in health and specialty animal nutrition businesses. With this acquisition, ADM will expand its range of higher value-add specialty solutions for animal nutrition segment.

The company has wide global presence across the globe such as North America, South America, Middle East & Africa, Europe and Asia-Pacific. The company distributes its products through its subsidiaries and they are Glycom A/S (Denmark), Fortitech, inc. (U.S.), Martek Biosciences Corporation (U.S.), Aland (Jiangsu) Nutraceutical Co., Ltd. (China) and Koninklijke CSK Food Enrichment C.V. (Netherlands), among others.

ADM

ADM is headquartered in the U.S. and founded in 1902. The company focuses on becoming a leader in animal and human nutrition and also world’s premier agricultural processing and origination company. The company deals in various business segments and they are Ag services and oilseeds, carbohydrate solutions, nutrition, others. The market focused business segment for our market is nutrition.

  • In July 2020, ADM launched new animal nutrition product named as NutriPass L Encapsulated Lysine which is rumen-stable and intestinally available for cows. The product offers a stable and consistent supply of metabolizable lysine for lactating cows and growing cattle. This product launch has expanded the company’s product portfolio for animal nutrition segment.

The company has wide global presence across the globe such as Africa, Asia-Pacific, North America, South America, and Europe. The company offers its products through its subsidiaries around the world and they are ADM (Shanghai) Management Co. LTD, ADM (Thailand) Ltd, ADM Ag Holdings Ltd - WIL - Singapore (Singapore), ADM Agriculture Limited (UK), ADM Agri-Industries Company (Canada), ADM Agro Iberica S. L. U (Spain), ADM Agro Indust Latur and Vizag Pvt Ltd (India), and ADM Agro Industries India Private limited-India (India), among others.

BASF SE

BASF SE is headquartered in Germany and established in 1865. The company focuses on manufacturing and distribution of chemical based products along with production of nutrition and pharmaceutical products. The company deals in various business segments and they are chemicals, materials, industrial solutions, surface technologies, nutrition & care, agricultural solutions and others. The market focused business segment for our market is nutrition & care. the company offers its products by number of product categories and they are agriculture, chemicals, automotive & transportation, construction, electronics & electric, energy & resources, furniture & wood, home care and I&I cleaning, nutrition, packaging & print, paints& coatings, personal care & hygiene, pharmaceuticals, plastics & rubber, pulp & paper and textile, leather & footwear. The market focussed category is nutrition.

  • In March 2019, BASF SE launched Natuphos E which is a next generation phytase for the feed industry of Indonesia. The product offered superior overall stability – in premix and also at the time of harsh pelleting process, up to 95°C pelleting temperature, in addition to 18-month shelf life stability. This product launch has expanded the company’s animal nutrition product portfolio that has helped in increasing the revenue for the company.

The company has its strong present across the globe such as North America, Central America, South America, Europe, Middle East, Africa, and Asia-Pacific. The company distributes its products through its subsidiaries and they are BASF A/S (Denmark), BASF AB (Sweden), BASF Agricultural Solutions Belgium NV Belgium), BASF Agricultural Specialities Limited (UK), BASF Agricultural Specialities S.A.S. (France), BASF Agri-Production S.A.S. (France), and BASF Agro B.V. (The Netherlands), among others.