Plant-based Pet Food Market is projected to expand at a steady CAGR over the forecast by 2031 | Benevo, Evolution Diet, Freshpet, Hill’s Pet Nutrition, Mars

The Global Plant-based Pet Food Market  Report by Global Insight Services is the single and trusted source of information for the Plant-based Pet Food Market. This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.

Plant-based pet food is a type of pet food that is made with ingredients that come from plants. This includes things like fruits, vegetables, grains, and legumes. Plant-based pet food can be used as a complete diet or as a supplement to a traditional pet food diet. Many pet owners choose plant-based pet food because it is seen as being more natural and healthy for pets.

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Key Trends

There are three key trends in plant-based pet food technology:

1. The use of alternative proteins: Alternative proteins are plant-based proteins that can be used in place of traditional animal-based proteins in pet food. These include proteins such as soy, pea, and rice.

2. The use of novel ingredients: Novel ingredients are plant-based ingredients that are not typically used in pet food. These can include ingredients such as quinoa, flaxseed, and chia seeds.

3. The use of functional ingredients: Functional ingredients are plant-based ingredients that have been shown to have health benefits for pets. These can include ingredients such as omega-3 fatty acids, prebiotics, and probiotics.

Key Drivers

There are a few key drivers of the plant-based pet food market. One is the growing trend of pet owners wanting to feed their pets more natural and organic foods. This is similar to the trend we’ve seen in human food, where people are increasingly interested in knowing where their food comes from and what’s in it. Another driver is the increasing awareness of the environmental impact of animal agriculture. As more people become aware of the huge amounts of land, water, and energy that goes into raising animals for food, they’re looking for more sustainable options. Finally, there is the growing body of scientific evidence showing that plant-based diets are healthiest for both humans and animals. This is leading more and more people to switch to plant-based diets for themselves and their pets.

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Market Segments

The plant-based pet food market is segmented into form, pet type, pet food type, and region. On the basis of form, the market is bifurcated into organic and conventional form. On the basis of pet type, the market is subdivided into dog food, cat food, and others. On the basis of pet food type, the market is categorized into dry pet food, wet pet food, treats & snacks, and others. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The plant-based pet food market report includes players such as  Benevo, Evolution Diet, Freshpet, Hill’s Pet Nutrition, Mars, Incorporated, Nestle Purina, Supreme Petfoods, THE PACK, V-dog, and Wild Harvest.

 

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