Indian Pet Food Ingredient Market

Pet food is formulated according to the nutritional needs, which is one of the specialty of this food. The pet food contains a combination of carbohydrates sources, protein, vitamins, fats, minerals, and preservatives, thus offering enrichment to the animal’s body. These pet foods are specially designed for various stages of life and helps in controlling specific health conditions such as kidney disease, heart disease, and other diseases.

To have an edge over the competition by knowing the market dynamics and current trends of “India Pet Food Ingredient Market”, request for Sample Report here

The key factors responsible for the increase in the demand for the pet food ingredients market include the growing adoption rate of pets and the rising demand for premium pet foods. The high disposable income of the middle-class population has eventually surged the total spending capacity on pets. Furthermore, government programs focused on promoting pet adoption are increasing adoption rates for dogs and cats. The increasing trend of keeping a pet as a companion of the owners and the growing health concerns of the pets will have a positive influence on the demand of the pet food market during the forecast period. As per the Pet Food Industry, around 95% of the pet owners consider their pets a part of their family, thereby focusing on the importance of pet food quality.

Rising dog and cat adoption, followed by the growing focus on enhancing productivity and health, are some of the key factors fuelling the market growth. Currently, most of the ingredients used in the preparation of companion animal’s food are synthetic due to their lower cost and ease of availability. Moreover, increasing concern related to the harmful effect of certain synthetic ingredients, a consistent reduction in the use of antibiotics such as ethoxyquin, and the growing focus of policymakers to increase the use of organic and natural products are certain factors boosting the growth of Indian pet food ingredient market. In addition to this, an increasing number of diseases like diarrhea and chronic nausea due to an unhealthy gut and improper diet pattern is further bolstering the market growth. Omega -3 fatty acids, Mannan-oligosaccharide (MOS), prebiotics and probiotics, beta-glucan, and fructo-oligosaccharides (FOS) are largely used in the preparation of pet food ingredients in order to enhance gut health. These ingredients encourage anti-tumor and anti-microbial activities by binding macrophages and white blood cell receptors.

The fundamental shift in customer preference towards vegan and grain-free pet food products will surge the overall demand of the Indian pet food ingredient market. The easy availability of pet food products across various platforms such as supermarkets, retails shops, and online stores will further propel the growth of the market. Various key players are widely aiming at product innovation, such as the launch of vegan and grain-free pet food products to capture the shifting demands of the pet owners. On the other hand, the non-uniformity in regulations, which is restricting the international trade business, especially in developing economies, is the major factor hampering the growth of the India Pet Food Ingredient Market.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Based on form, the market is segmented into dry pet food ingredient and wet pet food ingredient. The dry pet food ingredient segment is expected to grow at a higher CAGR rate during the forecast period as they are highly cost-effective and have lower moisture content, which provides easy and convenient handling during processing and storage. The shifting lifestyle and the growing awareness regarding organic dry pet food products will further propel the demand of the Indian pet food market.

Based on Ingredient, the market is segmented into meat & meat products, cereals, vegetables, fats, and additives. The meat & meat product segment is projected to grow at a higher CAGR during the forecast period owing to the rising trend for high protein pet food products globally. The meat product is cost-effective and helps in maintaining the overall health of the pet. The demand for premium quality meat ingredients is increasing as pet owners are growing focus on pet health and food quality.

Based on the pet, the market is segmented into dog, cat, fish, and others. The dog segment is expected to grow at a higher CAGR rate during the forecast period due to the rising adoption of dogs as pets by the millennial population. The growing concern related to pet health, coupled with the expanding awareness about the advantages of commercial dog food, will further contribute to the growth of the Indian pet food ingredients market during the forecast period.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

The Indian pet food ingredient market is segmented into form, ingredient, pet, and source. Based on form, the market is segmented into dry pet food ingredient and wet pet food ingredient. Based on Ingredient, the market is segmented into meat & meat products, cereals, vegetables & fruits, fats, and additives. Meat & meat products segment are further sub segmented into deboned meat, meat meal, by-product meal, and animal digest. Cereals segment are sub segmented into corn & cornmeal, wheat & wheat meal, barley, and rice. Vegetables & fruits segment are sub segmented into potatoes, carrots, soybean & soybean meal. Fats are sub segmented into fish oil, tallow, lard, poultry fat, and vegetable oil. Additives segment are sub segmented into vitamins & minerals, enzymes, and other additives. Based on pet, the market is segmented into dog, cat, fish, and others. Based on source, the market is segmented into animal derivatives, plant derivatives, and synthetic.

For detailed scope of the “India Pet Food Ingredient Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is India Pet Food Ingredient Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in India Pet Food Ingredient Market? What will be the impact of drivers and restraints in the future?
  • Which Ingredient generated maximum revenues in 2019 and identify the most promising Ingredient during the forecast period?
  • What are the various Source of India Pet Food Ingredient Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation:

India Pet Food Ingredient Market by Ingredient

• • Cereals
    • Corn & cornmeal
    • Wheat & wheat meal
    • Barley
    • Rice
  • Vegetables & Fruits
    • Potatoes
    • Soybean & Soybean Meal
    • Carrots
    • Fruits
  • Fats
    • Fish oil
    • Tallow
    • Lard
    • Poultry fat
    • Vegetable oil
  • Meat and meat products
    • Deboned meat
    • Meat meal
    • By-product meal
    • Animal digest
  • Additives
    • Vitamins & minerals
    • Enzymes
    • Others

India Pet Food Ingredient Market by Source

• • Animal Derivatives
  • Plant Derivatives
  • Synthetic

India Pet Food Ingredient Market by Pet

• • Dog
  • Cat
  • Fish
  • Others

India Pet Food Ingredient Market by Form

• • Dry Pet Food Ingredient
  • Wet Pet Food Ingredient