Global Pet Food Nutraceutical market cagr 8.9%

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Pet Food Nutraceutical Market

Pet Food Nutraceutical Market Size and Growth

The Pet Food Nutraceutical market is poised for significant growth, driven by increasing pet health awareness and a rising demand for natural ingredients. Valued at approximately $2.2 billion in 2023, the market is projected to expand due to innovations in formulations and a shift towards preventive health solutions for pets. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Kemin

◍ Vit2be-Diana Group

◍ Symrise

◍ BASF

◍ Roquette Freres

◍ Royal DSM

◍ DuPont

◍ Darling International

◍ Archer Daniels Midland

◍ Nestle (Purina PetCare)

◍ The Scoular Company

◍ Omega Protein

◍ Merial

◍ Novotech neutraceutical

◍ Nutraceuticals International

◍ Proctor & Gamble (Mars)

The pet food nutraceutical market features key players like Kemin, DSM, and Nestlé, focusing on functional ingredients for health benefits. Companies innovate through joint ventures, product expansions, and sustainability initiatives, driving market growth. Notable sales revenues include: Kemin: $1.2B; Nestlé Purina: $15B; Archer Daniels Midland: $20B.

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Market Segmentation

By Application

Dogs

Cats

Bird

Fish

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By Product

Milk Bio Actives

Omega 3 Fatty Acids

Probiotics

Proteins and Peptides

Dietary Fiber

Market Growth

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$ X Billion USD

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