The global pet food ingredients market, valued at USD 34.2 billion in 2023, is projected to experience robust growth, reaching USD 47.4 billion by 2028 at a CAGR of 6.8%, according to the latest industry insights. The expanding pet owner base, particularly in urban regions, and the growing shift toward premium and specialty pet foods are fueling the market’s upward trajectory.
Pet owners worldwide are increasingly willing to invest in high-quality and innovative pet food products, prompting manufacturers to enhance their ingredient portfolios. This rising preference for premiumization is driving companies to explore new and advanced formulations that prioritize nutrition, sustainability, and overall pet well-being.
Key Factors Driving Demand
- Humanization and Premiumization: Pet owners are increasingly treating their pets like family, leading them to seek products made with the same care and quality they expect for themselves. This trend is accelerating demand for human-grade formulations, clean-label ingredient lists, and novel protein sources. As a result, manufacturers are prioritizing higher-quality, traceable ingredients.
- Rising Focus on Functional Nutrition: Consumers are looking for more than just basic sustenance—they want foods that offer targeted health benefits. Formulations enriched with probiotics, prebiotics, omega-3 fatty acids, glucosamine, collagen, and other functional components are witnessing significant growth as pet owners aim to support digestion, immunity, skin health, and joint wellness.
- Sustainability and Alternative Proteins: Sustainability concerns and supply-chain vulnerabilities are fueling interest in environmentally friendly and resource-efficient ingredient options. Insect proteins, algae-based inputs, plant-derived extracts, and single-cell proteins are gaining traction as partial or complete alternatives to traditional meat-based ingredients.
- Expansion of E-commerce and Fresh/Premium Channels: The rise of direct-to-consumer subscription models and growth of refrigerated or fresh pet food formats are transforming ingredient requirements. These channels demand specialized inputs that support freshness, extended shelf life, and enhanced nutritional value, further boosting the need for innovative, high-performance ingredients.
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Cereals to Hold the Second-Largest Share in Ingredient Segment
Cereals are expected to secure the second-largest share in the pet food ingredients market by ingredient type. Their strong position stems from their essential role in providing carbohydrates, energy, fiber, and other vital nutrients necessary for balanced pet diets. Widely used cereals such as rice, wheat, corn, and barley contribute significantly to texture, palatability, and cost-effective formulation of various pet food products.
Given their versatility and alignment with pets’ nutritional needs, cereals continue to be a preferred choice in the formulation of kibble, wet foods, and treats, cementing their prominence within the industry.
Dogs Segment Dominates the Pet Category
The dogs segment is anticipated to hold the largest share of the pet food ingredients market during the forecast period. Dogs remain one of the most commonly adopted and beloved pets worldwide, driving substantial demand for high-quality dog food ingredients.
Diverse dietary requirements based on breed, size, age, and specific health needs have encouraged manufacturers to develop a wide range of tailored formulations. This focus on specialized nutrition for dogs further strengthens the segment’s dominance.
In the Asia Pacific region, pet dogs exhibit significant market influence. Emerging economies including India, China, and Brazil are witnessing rapid growth in dog adoption rates, driven by increasing awareness of pet health and the rising humanization of pets. According to Petsecure (Australia), China, Japan, the Philippines, and India comprise some of the largest pet dog populations globally, with India recognized as one of the fastest-growing dog populations.
North America Leads the Global Market
North America continues to hold the largest share of the global pet food ingredients market, supported by its mature industry landscape and strong manufacturing infrastructure. The region is home to a wide network of established producers and distributors, facilitating efficient ingredient sourcing and production.
The accelerated growth of e-commerce has further boosted market expansion by offering pet owners convenient access to diverse and specialized pet food options. Additionally, large-scale manufacturing facilities in the region enable cost-effective production, contributing to North America’s sustained leadership in the market.
Leading Pet Food Ingredients Companies:
Key players in this market include BASF SE (Germany), Darling Ingredients Inc (US), Cargill, Incorporated (US), Ingredion (US), DSM (Netherlands), Omega Protein Corporation (US), ADM (US), Kemin Industries, Inc (US), Chr. Hansen Holding A/S (Denmark), Roquette Frères (France), The Scoular Company (US), Symrise (Germany), Mowi (Norway), Lallemand Inc. (Canada), and Phileo by Lesaffre (France). Other noticeable players also include 3D Corporate Solutions (US), Hydrite Chemical (US), AFB International (US), Gillco Ingredients (US), SARIA International GmbH (Germany), Green Source Organics (US), Biorigin (Brazil), Zinpro (US), APS Phoenix LLC (US), LaBudde Group Inc (US), FoodSafe Technologies (US), DuPont Nutrition & Health (US), and Eurotec Nutrition Group (Thailand).
Future Outlook: What’s Next for the Pet Food Ingredients Market?
The next five years will witness increased innovation in functional and sustainable ingredient categories. Brands that succeed will be those that:
- Invest in transparent and traceable sourcing
- Leverage science-backed functional ingredients
- Develop environmentally responsible formulations
- Communicate clear, credible health benefits
The rise of personalized pet nutrition, driven by data and digital platforms, will also open new opportunities for ingredient customization and targeted functional blends.
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