Pet Food Nutraceutical Market By Pet Type (Dog, Cat, Bird, Fish, and Others), By Function Type (Nutrition/Therapeutic and Supplement), By Ingredient Type (Milk Bioactive, Omega 3 Fatty Acids, Probiotics, Proteins and Peptides, Vitamins and Minerals, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI408120 | Publish Date: May 2024 | No. of Pages: 180

Global Pet Food Nutraceutical Market Overview

Pet Food Nutraceutical Market was valued at US$ 2.6 Billion in 2024 and is projected to grow at a CAGR of 15.7% to reach US$ 9.8 Billion by 2034.

Nutraceutical are categorized as functional foods, medical foods and dietary supplements. Nutritional supplements for pet’s food offers a source to recognized essential nutrient, like vitamin A or calcium. The pet food nutraceutical are intended to work as supplements and confirm the nutritional completeness of the diet in pets. By the veterinary community supplements are used as an alternative to drugs.

Global Pet Food Nutraceutical Market Dynamics

Rise in number of pet adaptation among the people is the major driving factor for the growth of the global market. Additionally, the increasing in the nuclear families is encouraging people to have a pet is another propelling factor for the growth of the target market. However, the strict regulatory bodies and stringent regulation on pets is the main restraining factor for the growth of the global market. For instance, as per the nutritional adequacy statement requirements, any manufacturers product claim of it being balanced, complete, and 100% nutritious' is seen as unsafe by FDA, the nutritionally, product is not adequate on its own. Moreover, the lack of recognition of pet food in the developing countries due to low income is another hampering factor for the growth of the global market. Nevertheless, the retail grocery chains dominating distribution and marketing space can create strong opportunity for the growth of the global market.

Global Pet Food Nutraceutical Market Segmentation

Pet food nutraceutical market is segmented based on pet type, function type, ingredient type, and region.

Based on the pet type, the target market is segmented into dog, cat, bird, fish, and others. Based on function type, the global market is classified into nutrition/therapeutic and supplement. Based on ingredient type, the target market is bifurcated into milk bioactive, omega 3 fatty acids, probiotics, proteins and peptides, vitamins and minerals, and others.

Based on the region the globl pet food nutraceutical market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts highest revenue share to the global pet food nutraceutical market due to growing urbanization rate and income levels are the boosting factor for the global pet food nutraceutical market. The Asia- Pacific region is the expected to show significant growth during the forecast period due to increasing disposable incomes in the region.

Pet Food Nutraceutical Market, By Pet Type:

  • Dog
  • Cat
  • Bird
  • Fish
  • Others

Pet Food Nutraceutical Market, By Function Type:

  • Nutrition/Therapeutic
  • Supplement  

Pet Food Nutraceutical Market, By Ingredient Type:

  • Milk Bioactive
  • Omega 3 Fatty Acids
  • Probiotics
  • Proteins and Peptides
  • Vitamins and Minerals
  • Others

Pet Food Nutraceutical Market, By Region:

North America

  • North America Pet Food Nutraceutical Market, By Pet Type
  • North America Pet Food Nutraceutical Market, By Function Type
  • North America Pet Food Nutraceutical Market, By Ingredient Type
  • North America Pet Food Nutraceutical Market, By Country
  • The U.S.
  • Canada

Europe

  • Europe Pet Food Nutraceutical Market, By Pet Type
  • Europe Pet Food Nutraceutical Market, By Function Type
  • Europe Pet Food Nutraceutical Market, By Ingredient Type

Europe Pet Food Nutraceutical Market, By Country

Germany

  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe

Asia Pacific

  • Asia Pacific Pet Food Nutraceutical Market, By Pet Type
  • Asia Pacific Pet Food Nutraceutical Market, By Function Type
  • Asia Pacific Pet Food Nutraceutical Market, By Ingredient Type
  • Asia Pacific Pet Food Nutraceutical Market, By Country

China

  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Latin America Pet Food Nutraceutical Market, By Pet Type
  • Latin America Pet Food Nutraceutical Market, By Function Type
  • Latin America Pet Food Nutraceutical Market, By Ingredient Type
  • Latin America Pet Food Nutraceutical Market, By Country

Brazil

Mexico

Rest of Latin America

Middle East & Africa

  • Middle East & Africa Pet Food Nutraceutical Market, By Pet Type
  • Middle East & Africa Pet Food Nutraceutical Market, By Function Type
  • Middle East & Africa Pet Food Nutraceutical Market, By Ingredient Type
  • Middle East & Africa Pet Food Nutraceutical Market, By Country

GCC

  • Israel
  • South Africa
  • Rest of Middle East & Africa

Global Pet Food Nutraceutical Market Key Players

The key players operating the pet food nutraceutical market involves Kemin, Symrise, BASF, Roquette Freres, DSM, Dupont, Darling Ingredients Inc., Archer Daniels Midland, Nestle Purina PetCare, and Boehringer Ingelheim Animal Health. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in 2018, in Europe, the Kenim Nutrisurance, launched PRALISUR, which is the natural product to activate and stimulate the immune systems to promotes canines gut health and immune the systems of dogs

Global Pet Food Nutraceutical Market Company Profile

Kemin

  • Company Overview 
  • Product Portfolio

Key Highlights

  • Financial Performance
  • Business Strategy
  • Symrise
  • BASF
  • Roquette Freres
  • DSM
  • Dupont
  • Darling Ingredients Inc.
  • Archer Daniels Midland
  • Nestle Purina PetCare
  • Boehringer Ingelheim Animal Health

“*” marked represents similar segmentation in other categories in the respective section

Global Pet Food Nutraceutical Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Pet Food Nutraceutical Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Pet Type
      • Market Snippet, By Function Type
      • Market Snippet, By Ingredient Type
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Pet Type, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Segment Trends
    • Dog
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Cat
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Birds
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Fish
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  6. Market Segmentation, By Function Type, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Segment Trends
    • Nutrition/Therapeutic
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Supplement
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  7. Market Segmentation, By Ingredient Type, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Segment Trends
    • Milk Bioactive
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Omega 3 Fatty Acids
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Probiotics
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Proteins and Peptides
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Vitamins and Minerals
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
  8. Global Market, By Region, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
      • Y-o-Y Growth Analysis (%), 2024 – 2034
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Pet Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Function Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Ingredient Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Pet Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Function Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Ingredient Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Pet Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Function Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Ingredient Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Pet Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Function Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Ingredient Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Pet Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Function Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Ingredient Type, 2024 – 2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
    • Kemin
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Business Strategy
    • Symrise
    • BASF
    • Roquette Freres
    • DSM
    • Dupont
    • Darling Ingredients Inc.
    • Archer Daniels Midland
    • Nestle Purina PetCare
    • Boehringer Ingelheim Animal Health
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Pet food nutraceutical market is segmented based on pet type, function type, ingredient type, and region.

The rise in the number of pet adaptation among people is the major driving factor for the growth of the global market.

The market in North America accounts highest revenue share to the pet food nutraceutical market due to the growing urbanization rate and income levels are the boosting factor for the global pet food nutraceutical market.

Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in 2018, in Europe, the Kenim Nutrisurance, launched PRALISUR, which is the natural product to activate and stimulate the immune systems to promotes canines gut health and immune the systems of dogs