Research and Markets (http://www.researchandmarkets.com/research/fwsp5d/pet_food)
has announced the addition of the "Global
Pet Food Ingredients Market 2014-2018 with ADM, DSM, DuPont, BASF,
Ingredion & Roquette Freres Dominating" report to their
The global market is expected to grow at a CAGR of 4.5% by 2018, with
the highest growth projected to be observed in the Asia-Pacific region
There has been an improvement in the distribution and supply network
value chains, due to which it has become easier for manufacturers to
deliver quality pet food ingredients, on time to pet food manufacturers.
There have been minimal product recalls due to enhancement in the
distribution and handling technology of pet food ingredient.
Pet food is the plant or animal material intended for consumption by
pets. Ingredients are vehicles for nutrients. Pets need protein, fat,
crbohydrates, fiber, vitamins, minerals, and water, in specific
amounts. Pet food ingredients are mainly sourced from animal
derivatives, vegetables & fruits, and grains & oilseeds. Animal
derivatives dominated the market of pet food ingredients globally.
The pet food ingredients market is dominated by key players such as ADM
(U.S.), DSM (The Netherlands), DuPont (U.S.), BASF (Germany), Ingredion
Inc. (U.S.), and Roquette Freres (France). Being a highly regulated
market, government intervention in the supply-demand of pet food
ingredients increases the competition among manufacturers.
The market is led by animal derivative market by type with the highest
market share and by geography it was dominated by North America with the
market share of 38.0% in 2012. This region is projected to grow till
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