- In 2022, BASF SE announced its strategic plans to expand its vitamin A formulation plant, aiming to strengthen its position in the animal nutrition sector. This expansion is a key move to enhance the company's market presence, positioning BASF as a prominent leader in the industry. The initiative reflects the company’s commitment to addressing the growing demand for high-quality animal nutrition products. This development is increasing demand for nutritious, functional ingredients in pet foods drives the need for high-quality additives like vitamins and minerals
- In 2022, Cargill introduced an innovative range of by-product meals specifically designed for domestic animals, featuring a variety of treats such as wind pipes, bones, ribs, and jerkies. This strategic initiative aims to meet the rising demand for high-quality, specialized pet treats, offering pet owners a diverse selection of products to indulge their pets while promoting the sustainable use of by-products. This development aligns with the increasing consumer preference for eco-friendly and sustainable pet food options. Cargill's move not only addresses the growing demand for premium pet treats but also highlights the market’s shift towards utilizing by-products, providing cost-effective yet nutritious alternatives in the pet food industry
- In 2021, Nestlé Purina PetCare Co. made a significant investment of USD 182 million to expand its pet care product manufacturing facility in King William County, Virginia, U.S. The expansion, which is expected to be completed by late 2023, includes the addition of a 138,000-square-foot space aimed at increasing manufacturing capacity, particularly for the Tidy Cat litter product line. This expansion enhanced manufacturing capabilities supports the broader trend of innovation and capacity building within the pet food and care industry, ensuring the availability of high-quality ingredients and products to cater to the growing consumer demand for premium and functional pet care solutions
- In 2021, Mars Inc. introduced a new range of wet cat food under its well-established Whiskas brand, further expanding its product portfolio in the Indian market. This innovative line is widely available through pet stores, grocery outlets, and multiple e-commerce platforms, offering cat owners in India a convenient and diverse selection of premium pet food options tailored to the nutritional needs and preferences of their feline companions. This expansion reflects the growing demand for high-quality, specialized pet food products in emerging markets such as India
- In September 2023, Symrise inaugurated its dry pet food pilot plant in Elven, France, equipped with a dedicated R&D unit. The facility aims to enhance the understanding of the dry pet food production process, assess palatability performance, and conduct laboratory studies to improve product formulations. The establishment of this state-of-the-art facility supports the growing demand for high-quality, palatable pet food products, contributing to the ongoing evolution of the pet food ingredients market by enabling the development of more nutritious and appealing products for consumers worldwide
