Pet Food Ingredient Market Report 2025

The pet food ingredient market size has grown strongly in recent years. It will grow from $33.72 billion in 2024 to $36.13 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to introduction of commercial pet foods, emergence of nutritional science, industrialization of pet food production, veterinary recommendations and guidelines, innovations in processing techniques, introduction of specialized diets.

The pet food ingredient market size is expected to see strong growth in the next few years. It will grow to $47.36 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to rising pet ownership, health-conscious consumer behavior, premiumization and humanization, e-commerce and direct-to-consumer channels, sustainability and ethical sourcing. Major trends in the forecast period include natural and clean label ingredients, sustainable sourcing, functional and nutritional additives, alternative protein sources, grain-free and limited ingredient diets.

The upward trend in pet adoption rates is anticipated to drive the expansion of the pet food ingredient market. Pet adoption involves assuming responsibility for an animal previously owned by another individual, whether it be a person, shelter, or rescue group. Pet animals constitute the primary consumers of pet food ingredients, necessitating a diverse range of nutrients to sustain healthy bodily functions. These nutrients contribute to maintaining muscular tone, building and repairing muscles, teeth, and bones, facilitating daily activities, and bolstering the immune system. The surge in pet adoption rates, exemplified by a November 2022 national survey by Animal Medicines Australia (AMA), reveals that approximately half of Australian households have at least one dog, making them the most prevalent pets. Notably, 37 percent of dogs and 40 percent of cats in Australia were acquired since the onset of the pandemic, underscoring the significant impact of increasing pet adoption rates on the growth of the pet food ingredient market.

The expanding e-commerce sector is anticipated to significantly enhance the growth of the pet food ingredients market in the future. E-commerce encompasses the online buying and selling of goods and services through the internet. This rapidly growing sector benefits the pet food ingredients market by increasing accessibility and convenience for pet owners. It provides a wide range of ingredients that cater to specific dietary needs and preferences, allowing consumers to easily explore, compare options, access detailed information, and make informed decisions. For example, in May 2024, the United States Census Bureau, a government agency, reported that e-commerce sales in the first quarter of 2024 rose by 8.5% compared to the same period in 2023, accounting for 15.6% of total retail sales, which themselves increased by 2.8% year over year. Consequently, the growth of the e-commerce sector is propelling the expansion of the pet food ingredients market.

Leading companies in the pet food ingredient market are creating innovative products, such as Carnival, to enhance nutritional value, boost palatability, and support overall pet health, in response to the rising demand for high-quality and functional pet food ingredients. Carniwel products are specialized pet food ingredients formulated to deliver high-quality protein and essential nutrients that promote improved animal health and well-being. For example, in October 2024, Growel Group, an India-based company, launched Carnival. This brand aims to offer premium nutrition at affordable prices, addressing the evolving dietary needs of pets at various life stages. Carnival provides a wide array of products for both dogs and cats, including tailored formulas for puppies, kittens, adult pets, and senior animals. Additionally, Carniwel features vegetarian options to cater to the dietary preferences of over 30% of Indian households that follow vegetarian diets.

Leading companies in the Pet Food Ingredient Market are innovating with technologies like natural fermentation to improve the digestibility, nutritional profile, and flavor of pet food while promoting sustainability and reducing dependence on traditional protein sources. Natural fermentation technology employs beneficial microorganisms to convert organic materials into nutritious ingredients, enhancing flavor, digestibility, and bioavailability in food products. For example, in May 2024, Calysta, a US-based biotechnology firm, launched FeedKind Pet Protein. This protein is produced with minimal water usage and without the need for agricultural land, utilizing low-cost, land-free carbon sources through fermentation to create a safe, nutritious, and traceable protein. Made via natural fermentation, FeedKind is non-GMO, has a complete amino acid profile, and is highly digestible. FeedKind Pet Protein is currently produced at full commercial scale.

In January 2024, VAFO Group, a Finland-based company specializing in pet food and pet care products, acquired Dagsmark for an undisclosed sum. VAFO Group's acquisitions are generally aimed at expanding its market presence, enhancing its product offerings, and solidifying its position in the pet food industry. Dagsmark, a Denmark-based company, is recognized for its production of high-quality dry and wet food for dogs and cats.

Major companies operating in the pet food ingredient market include BASF SE, Darling Ingredients Inc., Cargill Inc., DSM Nutritional Products AG, Omega Protein Corporation, Archer-Daniels-Midland Company, Kemin Industries Inc., Roquette Freres SA, Ingredion Incorporated, DuPont Nutrition Inc., Lallemand Inc., SunOpta Inc., AFB International Inc., American Dehydrated Foods Inc., APS Phoenix LLC, Biorigin Company, Nutreco NV, SARIA International GmbH, The Scoular Company, General Mills Inc., Mars Inc., Nestlé SA, Hill's Pet Nutrition Inc., Del Monte Foods Inc.

North America was the largest region in the pet food ingredient market in 2024. Asia-Pacific is expected to be the fastest-growing region in the pet food ingredient market report during the forecast period. The regions covered in the pet food ingredient market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pet food ingredient market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Pet food ingredients are substances incorporated into pet food products to enhance their nutritional content and address pets' requirements for proteins, carbohydrates, fats, fatty oils, vitamins, minerals, and various other nutritional and energy sources.

The primary categories of components employed in pet food ingredients encompass meat and meat products, cereals, vegetables and fruits, fats, and additives. Meat and meat products denote items derived from animal tissues that are consumed as food and undergo processes such as cooking. They originate from both organic and inorganic sources, existing in both dry and wet forms, and encompass diverse origins such as animal-based, plant derivatives, and synthetics. These ingredients find widespread use in the diets of dogs, cats, fish, and other pets.

The pet food ingredient market research report is one of a series of new reports that provides pet food ingredient market statistics, including pet food ingredient industry global market size, regional shares, competitors with a pet food ingredient market share, detailed pet food ingredient market segments, market trends and opportunities, and any further data you may need to thrive in the pet food ingredient industry. This pet food ingredient market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The pet food ingredient market consists of sales of rice bran, poultry meal, seafood, feed grains, soybean meal, and beet pulp. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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