North America Pet Food Ingredients Market is expected to grow with the CAGR of 6.0% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
North America 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 North America 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. For instance, 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 products in the market leading to increased revenue in future.
Ingredion Incorporated is the dominating player in the North America pet food ingredients market. The other key players existing in the pet food ingredients market includes ADM, DuPont, Barentz, The Peterson Company, BASF SE, DSM, Cargill, Incorporated, Kerry Inc., The Scoular Company, Tate & Lyle, Balchem Inc., Roquette Frères, Darling Ingredients Inc, Omega Protein Corporation among others.
Ingredion Incorporated is headquartered in the Illinois, U.S. which was founded in 1906. The company focuses on providing ingredients which are used in beverages, foods, pharmaceuticals, personal care items, and other products that people across the world use every day. The company provides its products under various categories such as animal and pet nutrition, bakery, batters and breadings, beverage/soft drinks, biomaterials, beauty and home, brewing and alcoholic, beverages, confectionery, dairy, plant-based dairy, infant and clinical nutrition, noodles/pasta, savory, meats, plant-based meat, and snacks and private label. The market focused category is animal and pet nutrition. The company takes various strategic decisions in order to enhance their business.
The company has wide global presence across North America, South America, Europe, Middle East and Africa and Asia-Pacific. The company distributes its products through its subsidiaries and they are Arrendadora Gefemesa, S.A. de C.V. (Mexico), Bedford Construction Company (New Jesrsey), Brunob II B.V. (The Netherlands), Cali Investment LLC (U.S.), and Colombia Millers Ltd (Delaware) among others.
ADM is headquartered in the Illinois, U.S. and was 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 and others among which the market focused segment is nutrition. The company provides its products under various categories such as food and beverage solutions, animal nutrition, fuel, industrials, logistics, farmer services, SparkHub and financial services. The market focused category is animal nutrition. The company takes various strategic decisions in order to enhance their business.
The company has wide global presence 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.
Cargill, Incorporated is headquartered in the Minnesota, United States and founded in 1865. The company focuses on processing wide range of agricultural commodities into the feed, food and fuel that world requires and transports it to the various places of consumption. The company offers its products under categories such as animal nutrition, food & beverage, bioindustrial, foodservice, agriculture, risk management, meat & poultry, industrial, beauty, pharmaceutical, and transportation. The market focused category is animal nutrition. To enhance its business as well as revenue, the company takes various strategic decisions.
The company has its strong present across the globe such as Africa, Asia-Pacific, Europe, Latin America, Middle East and North America. The company distributes its products through its subsidiaries and they are NatureWorks (U.S.), Cargill Meat Solutions (U.S.), Cargill Ltd (Canada), Bucanero chickens S.A. (Colombia) and Cargill AgHorizons, Inc. (U.S.) among others.
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