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Animal Digest Market

Market Insights on Animal Digest covering sales outlook, demand forecast & up-to-date key trends

Animal Digest Market by Form, Source, End Use & Region - Forecast 2022 - 2032

Animal Digest Market Outlook

The animal digest market is expanding at a CAGR of 5%, reaching US$ 99.47 Billion in 2022, with a projected market value of US$ 162.03 Billion in 2032.

Attributes

Details

Animal Digest Market (CAGR)

5%

Animal Digest Market (2022)

US$ 99.47 Billion

Animal Digest Market (2032)

US$ 162.03 Billion

Demand for animal digest products is rising due to the rising trend of pet humanization and the increasing pet-loving population worldwide.

Therefore, sales of animal digest lift as varieties of good food with high-quality ingredients for their pet. It directly impacts the demand for animal digest as a value-added ingredient in animal food.

The growing demand for animal digest premium products from developing and developed regions is one of the driving factors for the animal digest market share.

Animal digest products are low-cost ingredients as compared to the other palatability ingredients for pet food which leads to an increase in the sales of the animal digest. It is preferable for the animal food manufacturers for the further production of an animal's final food product.

This low cost of animal digest results in a driving factor in the animal digest market share. Along with the number of driving factors, there are some factors that decline the growth of animal digest in the pet food industry, which leads to a fall in the sales of animal digest products.

Such as the growing trend of plant-based pet food protein and the use of unclean labelled animals in the production of animal digest.

Animal digest usually comes in liquid form but is also made in paste and powder forms, where liquid products hold the major demand for animal digest in the market share and continue to grow in the forecasted period as well.

Animal digest market share is expected to show high growth in the coming years due to adopting and increasing pet populations all around the globe. The sales of animal digests are expected to grow high as per the demand generated by consumers in the forthcoming year.

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What are the Key Contributors to the Animal Digest Market

The end users are playing an important role in the growth of the animal digest market; these end-users are pet owners such as cat and dog owners. Other than that, animal digest products are used in the farm and pet food industries.

The manufacturing companies are adding flavours and protein to the animal digest products as the pets get enough energy to maintain their daily meal. The manufacturing food industries are making pet food as per intended consumption and easy to digest by pets.

What is the Regional Outlook for the Animal Digest Market

The demand for animal digest products is expected to grow in all the regions, such as the Asia Pacific, the Middle East, Europe, Latin America, South Africa, and others.

Demand for animal digest is likely to rise in the United States as it is dominating the animal digest products in the marketplace as compared to other regions.

As the United States produces high-quality pet food and produced a large number of animal digest products as compared to other regions, the demand for animal digest products is high in the region.

Europe is expected to grow the animal digest market share in the forecast period. Other regions, such as South Africa and the Middle East, are likely to boost the sales of the animal digest in the marketplace in the coming forecast year.

Nandini Roy Choudhury
Principal Consultant
LinkedIn
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Who are the Key Players in the Animal Digest Market

The key players are the manufacturer who plays an important role in producing the animal digest market.

Some of the major manufacturers and suppliers in the animal digest market are Kemin Industries, Inc., ADM Animal Nutrition, BASF SE, Cargill, Incorporated, Darling Ingredients inc., John Pointon & sons ltd., DowDuPont Inc., Nestlé S.A, Omega Protein Corporation, and more.

These industries are entering the animal digest production process. Due to its low cost and high demand for the animal digest is likely to increase in developing as well as in developed regions.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 5% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 – 2021

Forecast period

2022 – 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

By Form, By Source, By End User & By Region

Regional scope

North America; Latin America; Europe; Middle East and; Africa (MEA); East Asia; South Asia; Oceania

Country scope

U.S., Canada, Mexico, Brazil, Argentina, Germany, Italy, France, U.K, Spain, Russia, India, Indonesia, Thailand, China, Japan, South Korea, Australia & New Zealand, GCC Countries, South Africa, North Africa

Key companies profiled

Kemin Industries, Inc., ADM Animal Nutrition, BASF SE, Cargill, Incorporated., Darling Ingredients inc., John Pointon & sons ltd., DowDuPont Inc., Nestlé S.A, Omega Protein Corporation and more

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

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Key Segments

By Form:

  • Paste
  • Powder
  • Liquid

By Source:

  • Pork
  • Poultry
  • Turkey
  • Duck
  • Salmon
  • Lamb

By End Use:

  • Cat Food
  • Dog Food

Frequently Asked Questions

The growth outlook for the animal digest market is predicted up to a CAGR of 5% in 2022-2032.

The North America region is expected to lead the animal digest market during forecast period.

The animal digest market likely to hold the valuation of US$ 162.03 Billion by 2032.

Food Industry is expected to be a key driver in the animal digest market.

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Nandini Roy Choudhury
Principal Consultant
LinkedIn
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