The pet food additives market is expected to witness market growth at a rate of 7.3% in the forecast period of 2022 to 2029. Data Bridge Market Research report on pet food additives market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the growing knowledge regarding minerals, omega-3, carotenoids and fiber in pet nutrition is escalating the growth of pet food additives market.
Additive is referred to as the variation of ingredients that are manufactured to enhance the flavour basic ingredients. These minor ingredients are vital nutrients including minerals and vitamins, colors, flavor’s and some agents to avoid the spoilage and bacterial contamination. Pet food additives are derived from animal source and plants and can be chemically synthesized.
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Some of the major players operating in the pet food additives market are Altrafine Gums, Balchem inc, Bill Barr Company, Bentoli, inc, Caldic B.V, Camlin Fine science ltd, Denes Natural Pet care ltd, DSM, Kemin Industries, inc, Trouw Nutrition USA, llc, DuPont, ADM, ADF, Nestlé, SCHELL KAMPETER, INC., Hill's Pet Nutrition, Inc., WellPet., Blue Buffalo Co., Ltd., heristo aktiengesellschaft and Tiernahrung Deuerer GmbH among others.
Global Pet Food Additives Market Scope and Market Size:
The pet food additives market is segmented on the basis of additives, functionality, pet type and application. 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 additives, the pet food additives market is segmented into mold inhibitors, antimicrobials, pellet binders, grain conditioners, toxin binders, acidifiers, colorants and others.
- On the basis of functionality, the pet food additives market is segmented into preservation, processing and nutrition.
- On the basis of pet type, the pet food additives market is segmented into fish, dogs, cats and others.
- On the basis of application, the pet food additives market is segmented into pet canned, pets dairy products, pet drink and others.
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Pet Food Additives Market Country Level Analysis:
The pet food additives market is analysed and market size, volume information is provided by country, additives, functionality, pet type and application as referenced above.
The countries covered in the pet food additives market report are the 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, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the pet food additives market due to the rise in the population and the growing disposable income. Furthermore, the increase in the humanization trend and the rising consumer expenditure on the care of companion animals will further boost the growth of the pet food additives market in the region during the forecast period. North America is projected to observe significant amount of growth in the pet food additives market due to the occurrence of well-developed pet food industry. Moreover, the growing population of cats, dogs, and fishes is further anticipated to propel the growth of the pet food additives market in the region in the coming years.
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