Europe Pet Food Protein Ingredients Market Size, Share, Growth Analysis, By Source(Animal By-products (Meat, Poultry, Seafood), Feed Grains), By Application(Dry Pet Foods, Wet Pet Foods, Veterinary Diets, Treats), By Ingredient(meat & meat products, deboned meat, meat meal, by-product meal), By Form(Dry and liquid), By Product type(Original and blended), By Animal type(Dog, cat, fish, bird), By Source(Animal based, plant derivatives, and synthetic), By Nature(Organic and inorganic), By Region - Industry Forecast 2024-2031

Europe Pet Food Protein Ingredients Market size was valued at USD 54.76 billion in 2019 and is poised to grow from USD 57.4 billion in 2023 to USD 83.6 billion by 2031, growing at a CAGR of 4.8% in the forecast period (2024-2031).

As pet owners learn to treat their pets as the children, the quality of food they offer becomes increasingly crucial. Pet owners are ordering and having meals delivered that are more closely linked with their diets. As a result, there is an increasing need for high-quality pet food components, which is propelling the rise of specialty pet food sectors such as customised pet meals, healthy snacks, and other expanded possibilities. This is now referred to as the humanisation of pet food, and it is driving increased market demand for high-quality pet food ingredients.

Pet foods are speciality food ingredients that are developed to meet the nutritional needs of domesticated animals known as pets. Animal, vitamins, meat byproducts, grains, cereals, proteins, and minerals are common ingredients in pet food. Pet owners may select from a variety of pet food options, including canned, dry, and semi-moist varieties, as well as snacks such as kibbles, biscuits, and treats. Amino acids, protein, vitamins, minerals, acidifiers, enzyme-based additives, lipids/omega, mycotoxin detoxifiers, probiotics, and carotenoids are among the key pet food components employed in this study. Many pet food producers now provide a diverse range of goods with different alternatives that serve a variety of objectives. Customers may select items based on a variety of criteria like as breeds, life phases, pricing points, ingredient preferences, illness issues, and so on. As a result of these shifting dynamics, the pet food ingredients industry is expected to grow.

Europe Pet Food Protein Ingredients Market is poised to grow at a sustainable CAGR for the next forecast year.