New York, According to a new market research report published by Global Insight Services “Animal-based Pet Protein Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Animal-based pet protein is a type of pet food that contains animal-derived ingredients, such as meat, poultry, fish, or byproducts. These products are typically high in protein and fat, and can provide essential nutrients for dogs and cats. Animal-based pet proteins can be found in both dry and wet food formulas, and are often the main ingredient in premium and specialty pet foods. While some pet owners may have concerns about the sourcing of animal-based ingredients, these products can be a nutritious and convenient option for feeding pets.
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Key Trends
Animal-based pet protein technology is a rapidly growing industry with new products and innovations being developed all the time. The key trends in this industry are:
1. Increasing demand for natural and organic pet foods: Consumers are becoming more health-conscious and are demanding pet foods that are free from artificial ingredients and chemicals.
2. Growing popularity of raw and freeze-dried pet foods: These types of pet foods are seen as being closer to a natural diet and are therefore becoming more popular with pet owners.
3. The rise of alternative proteins: With the growing popularity of plant-based diets, there is an increasing demand for pet foods that contain alternative proteins such as soy, peas, and quinoa.
Key Drivers
Some of the key drivers of the animal-based pet protein market include the growing demand for pet food, the increasing awareness of the benefits of animal-based proteins, and the growing disposable income of pet owners.
The demand for pet food has been growing in recent years, due to the increasing number of households with pets.
The awareness of the benefits of animal-based proteins has also been growing. Animal-based proteins are a source of essential nutrients, such as amino acids, that are necessary for the growth and development of pets. They are also a source of energy and help to maintain a pet’s lean body mass.
The growing disposable income of pet owners is another key driver of the animal-based pet protein market.
Market Segmentation
The Animal-based Pet Protein Market is segmented into product type, pet type, packaging, and region. By product type, the market is divided into dry, wet, treats & chews, and others. By pet type, the market is bifurcated into cat, dog, and birds. By packaging, the market is classified into pouches, bags, folding cartons, tubs & cups, and can. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.
Key Players
The key players in the Animal-based Pet Protein Market are Merrick Pet Care Inc., Colgate-Palmolive Company, General Mills Inc., Heristo AG, Diamond Pet Foods, WellPet LLC, Tiernahrung Deuerer GmbH, Lupus Alimentos, Total Alimentos SA and Blue Buffalo Pet Products, Inc.
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Reasons to buy Animal-based Pet Protein Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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