Global Vegan Pet Food Ingredients Market, By Source (Synthetic, Plant-Based), Pet (Dog, Cat, Fish, Others), Form (Dry, Wet), Ingredient (Amino Acids, Mold Inhibitors, Gut Health Ingredients, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors and Sweeteners, Antimicrobials and Antibiotics, Minerals, Antioxidants), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Vegan Pet Food Ingredients Market
Vegan pet food ingredients market is expected to reach USD 0.20 million by 2028 growing at a growth rate of 9.70% in the forecast period 2021 to 2028. Increasing trend of humanization of pets to drive the demand for premium products which will likely to act as a factor for the vegan pet food ingredients market in the forecast period of 2021- 2028.
Pet Food is a specialty food for domesticated animals that is formulated as per their nutritional needs. In general, pet food contains a combination of protein, sources of carbohydrates, vitamins, minerals, fats and preservatives, which enrich the body of the pet. Specially made for various periods of life, these pet foods help to manage serious health problems, such as heart disease, kidney disease and other illnesses.
Increasing pet adoption among the people, rapid urbanization across the globe, acceptance of insect-based protein and oil by pet owners, switch from mass products to organic pet food ingredients, increasing levels of disposable income of the people, rising health concerns of the pets, rising preference of the customer towards vegan and grain-free pet food products are some of the major as well as vital factors which will likely to augment the growth of the vegan pet food ingredients market in the projected timeframe of 2021-2028. On the other hand, rising usages of cannabis, shift in focus toward natural and grain-free products along with rising number of technological advancement which will further contribute by generating massive opportunities that will lead to the growth of the vegan pet food ingredients market in the above mentioned projected timeframe.
Limited availability of ingredients along with non-uniformity of regulations hindering international trade and price sensitivity which will likely to act as market restraints factor for the growth of the vegan pet food ingredients in the above mentioned projected timeframe. Availability of counterfeit products along with increasing need of high capital investment which will become the biggest and foremost challenge for the growth of the market.
This vegan pet food ingredients market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on vegan pet food ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Vegan Pet Food Ingredients Market Scope and Market Size
Vegan pet food ingredients market is segmented on the basis of source, pet, form, and ingredient. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the vegan pet food ingredients market is segmented into synthetic, and plant-based.
- Based on pet, the vegan pet food ingredients market is segmented into dog, cat, fish, and others. Others have been further segmented into rabbits, birds, and horses.
- Based on the form, the vegan pet food ingredients market is segmented into dry, and wet.
- The vegan pet food ingredients market is also segmented on the basis of ingredient. The ingredient is segmented into amino acids, mold inhibitors, gut health ingredients, phosphates, vitamins, acidifiers, carotenoids, enzymes, mycotoxin detoxifiers, flavors and sweeteners, antimicrobials and antibiotics, minerals, and antioxidants. Amino acids have been further segmented into lysine, methionine, threonine, cysteine, and others. Gut health ingredients have been further segmented into beta-glucan, FOS and MOS, probiotics, and prebiotics. Beta-glucan has been further sub segmented into cereals, mushroom, yeasts, and seaweed. Phosphates have been further segmented into monocalcium, dicalcium, phospholipids, and others. Others have been further sub segmented into ortho phosphates, SAPP, and TSPP. Vitamins have been further segmented into water-soluble, and fat-soluble. Acidifiers have been further segmented into phosphoric acid, propionic acid, fumaric acid, formic acid, citric acid, acetic acid, lactic acid, and others. Carotenoids have been further segmented into astaxanthin, beta-carotene, zeaxanthine, lutein, and others. Enzymes have been further segmented into phytases, carbohydrases, proteases, and others. Mycotoxin detoxifiers have been further segmented into binders, and modifiers. Flavors and sweeteners have been further segmented into palatants, flavors, and sweeteners. Flavors have been further sub segmented into natural, and synthetic. Natural has been further bifurcated into poultry flavors. Stnthetic has been further bifurcated into 2-methyl-3-furanthiol. Antimicrobials and antibiotics have been further segmented into tetracycline, penicillin, and others. Minerals have been further segmented into calcium, potassium, magnesium, zinc, and others. Antioxidants have been further segmented into natural and synthetic. Natural has been further sub segmented into rosemary, spearmint, mixed tocopherols, green tea extracts, clove, oregano, thyme, and others. Synthetic has been further sub segmented into BHA, BHT, Ethoxyquin, and others. Others have been further bifurcated into TBHQ, Propyl gallate.
Vegan Pet Food Ingredients Market Country Level Analysis
Vegan pet food ingredients market is analyses and market size, volume information is provided by country by source, pet, form, and ingredient as referenced above.
The countries covered in the vegan pet food ingredients market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
The U.S. dominates the North America vegan pet food ingredients market due to the prevalence of well-established pet food industry along with high adoption of dogs, cat, and horses in the region while Asia-Pacific region will expect to grow in the forecast period 2021 to 2028 because of increasing levels of disposable income, growing population along with rising humanization trends in the region.
The country section of the vegan pet food ingredients market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vegan Pet Food Ingredients Market Share Analysis
Vegan pet food ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to vegan pet food ingredients market.
The major players covered in the vegan pet food ingredients report are Wild Earth; V-dog; Amì pet food; Benevo; Halo Pets; Isoropimene Zootrofe Georgios Tsappis Ltd; Augustine Approved; Yarrah Organic Petfood B.V.; Antos B.V.; Soopa Pets.; Vegan4dogs; Compassion Circle, Inc.; PETGUARD HOLDINGS, LLC; Bond Pet Foods, Inc.; Natural Balance Pet Foods, Inc.; Vegan Pet Food; Vegeco Ltd; Pedigree; V-Planet; Cargill, Incorporated; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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