USD 2.2 billion
Report ID:
SQMIR30B2039 |
Region:
Regional |
Published Date: January, 2025
Pages:
224
|Tables:
251
|Figures:
81
Europe Pet Food Protein Ingredients Market size was valued at USD 2.2 billion in 2023 and is poised to grow from USD 2.53 billion in 2024 to USD 7.62 billion by 2032, growing at a CAGR of 14.8% during the forecast period (2025-2032).
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.
Market snapshot - 2025-2032
Global Market Size
USD 2.2 billion
Largest Segment
Plant Derivative
Fastest Growth
Plant Derivatives
Growth Rate
14.8% CAGR
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Europe Pet Food Protein Ingredients Market is segmented by Source, Pet, Nature, and Country. Based on Source, the market is segmented into Animal Based Protein (Beef Proteins, Egg Proteins, Blended Proteins, Hydrolyzed Proteins, Pork Protein, Fish Protein, Poultry Protein, Ovine Proteins, Cervine Proteins, Other Anaimal based protein), and Plant Proteins. Based on Pet, the market is segmented into Dog, Cat, Fish, Bird, Rabbit and Others. Based on Nature, the market is segmented into Organic and Inorganic. Based on Country, the market is segmented into UK, Germany, France, Spain, Italy, and Rest of Europe.
In 2021, the animal byproducts segment is predicted to account for the lion's share of the Europe pet food protein ingredients market. The high protein content, balanced amino acid profiles, better digestibility, and palatability of animal byproducts in pet food manufacture account for the segment's large share. The animal byproduct-based protein component market is further segmented into meat, poultry, and seafood. In 2021, the chicken industry is predicted to account for the bulk of the European market for animal byproducts-based protein components used in pet food production. The segment's massive share is mostly owing to expanding global chicken meat consumption, as well as poultry meat's high protein, carbohydrate, and fat composition.
During the projected period, the novel by-products sources sector is predicted to have the greatest CAGR. The rapid growth of this segment is primarily attributed to rising demand for environmentally friendly protein-rich foods, rising investments in novel protein source farming and the development of innovative & cost-effective processing technologies, and increasing acceptance of insect and single-cell proteins as food. The market for new sources-based protein ingredients is further subdivided into edible insects, microalgae, and others. The edible insect sector is expected to account for the majority of the European new sources-based protein ingredients market for pet food manufacturing in 2021. The segment's substantial share is mostly due to growing worries about future food sustainability, as well as increased governmental and private investment for new insect protein research programmes.
Dry pet foods are expected to account for the highest part of the Europe pet food protein ingredients market in 2021. The segment's huge share is mostly due to dry pet meals' extended shelf life, low cost, simplicity of storage, and high energy content.
The veterinary diets category is predicted to grow at the fastest rate between 2022 and 2028. The rapid expansion of this category is mostly due to the rising need and demand for health-oriented pet food products, specialty pet food products for different breeds, and products particularly prepared for pets of various ages and physiological demands.
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Germany will emerge as Europe's fastest-growing country-level market. France is expected to have the greatest share of the European pet food protein ingredients market in 2021. The well-established pet food manufacturing sector, rising demand for innovative proteins, and more pet food product releases in France all contribute to this country's leadership position. Germany, on the other hand, is predicted to have the greatest CAGR throughout the projection period. The rapid expansion of this country-level market may be traced mostly to the increasing acceptance of high-protein diets for pets and the rising demand for functional and vegan pet meals.
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Increasing Pet Spending Driving Market Growth
Fluctuating Raw Material Prices
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Due to the rising population and adoption of pets, key players are partnering with other market participants to improve production capacity. Manufacturers are developing cutting-edge technology to boost manufacturing capacity.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Europe Pet Food Protein Ingredients Market, The growing knowledge of the benefits of protein consumption for pets, an increase in pet population with a corresponding increase in pet spending, and increased demand for luxury pet meals are the primary drivers driving the growth of this market. The growth of this sector is expected to be impeded by fluctuating raw material prices and a fall in European free trade. In 2021, the Animal Byproducts segment is expected to hold the largest share of the Europe Pet Food Protein Ingredients Market. Veterinary Diets will have the highest CAGR throughout the forecast period. Germany will emerge as Europe's fastest-growing country-level market. Because pet food trends closely mirror human food trends, new protein sources have become increasingly popular in pet food applications as the emphasis on healthy eating has risen.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 2.2 billion |
Market size value in 2032 | USD 7.62 billion |
Growth Rate | 14.8% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Europe Pet Food Protein Ingredients Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Europe Pet Food Protein Ingredients Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Europe Pet Food Protein Ingredients Market size was valued at USD 57.4 Billion in 2023 and is poised to grow from USD 60.16 Billion in 2024 to USD 87.61 Billion by 2032, growing at a CAGR of 4.8% during the forecast period (2025-2032).
Due to the rising population and adoption of pets, key players are partnering with other market participants to improve production capacity. Manufacturers are developing cutting-edge technology to boost manufacturing capacity. 'Royal DSM N.V.', 'Cargill, Inc.', 'Archer Daniels Midland Company', 'DuPont de Nemours, Inc.', 'Roquette Frères', 'Darling Ingredients Inc.', 'Nutreco N.V.', 'Kerry Group plc', 'AGRANA Beteiligungs-AG', 'Biomin Holding GmbH', 'Ewos Group', 'Sodrugestvo Group', 'Lallemand Inc.', 'The Scoular Company', 'Bunge Limited', 'Corbion N.V.', 'Chr. Hansen Holding A/S', 'Novozymes A/S', 'Ingredion Incorporated', 'AB Vista'
Increasing Pet Spending Driving Market Growth
As pet food trends closely follow human food trends, innovative protein sources have grown popular in pet food applications as the emphasis on sustainable eating has expanded. Along with the increasing risk profile of livestock farming, many well-established animal-based product interests see civil society groups and food start-ups who sell their unique protein-based goods as more ethical and sustainable as a threat. There are several new sources that may be employed in pet diets. Pulse protein, insect protein, and microbial protein from sources such as spirulina, chlorella, bacteria, yeast, and fungi have emerged as viable and innovative protein sources for the future. Algae proteins, for example, are gaining popularity as an alternative to plant proteins due to their balanced amino acid profiles. They are full proteins that include all of the amino acids needed for metabolic activities such as enzyme synthesis. They also include fatty acids, such as omega-3 and omega-6, which are important in energy synthesis. The nutritional content of edible insects varies greatly. Nutritional values of edible bug species might vary based on metamorphic stage, environment, and diet. Protein, vitamins, calcium, iron, and zinc are abundant in insects. Such species might prove to be a vital element of the basic food in malnourished areas.
Germany will emerge as Europe's fastest-growing country-level market. France is expected to have the greatest share of the European pet food protein ingredients market in 2021. The well-established pet food manufacturing sector, rising demand for innovative proteins, and more pet food product releases in France all contribute to this country's leadership position. Germany, on the other hand, is predicted to have the greatest CAGR throughout the projection period. The rapid expansion of this country-level market may be traced mostly to the increasing acceptance of high-protein diets for pets and the rising demand for functional and vegan pet meals.
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