Industry: Retail and Consumer | Publish Date: 19-Nov-2024 | No of Pages: 117 | No. of Tables: 85 | No. of Figures: 50 | Format: PDF | Report Code : RC2828
The France Pet Food Ingredients Market size was valued at USD 1.52 billion in 2023, and is predicted to reach USD 2.56 billion by 2030, at a CAGR of 7.3% from 2024 to 2030. In terms of volume the market size was 219.57 kilotons in 2023 and is projected to reach 299.85 kilotons in 2030, with a CAGR of 4.2% from 2024 to 2030.
The pet food ingredients market refers to the production and distribution of essential raw materials used to create pet foods to meet the nutritional needs of various animal species. These ingredients that include proteins, carbohydrates, fats, vitamins, and minerals are derived from both plant and animal sources.
They undergo processing methods such as grinding and blending to improve flavour and enhance nutritional value. By utilizing high-quality components, the market supports pet health and growth, providing crucial nutrients to meet specific dietary requirements. The companies operating in this sector prioritize sourcing premium ingredients while ensuring transparency throughout their supply chains.
This strategic focus significantly drives market advancement as pet owners increasingly prioritize high-quality food options for their pets.
The increasing number of pets in France is significantly contributing to the expansion of the pet food ingredients market as more households’ welcome animals, resulting in increasing demand for diverse and nutritious food options. Pet owners are focused on providing quality nutrition that encourages manufacturers to innovate their ingredient selections and formulations to meet a variety of dietary requirements.
As per the latest report published by the European Pet Food Industry Federation, in 2023, France's pet dog population was approximately 7.6 million, while the cat population reached about 14.9 million. This rising pet demographic drives the demand for high-quality pet food ingredients and thereby, supporting ongoing market growth.
Growing sustainability concerns in the country fuels the growth of the pet food ingredients market as consumers increasingly seek eco-friendly and organic sourced products. This shift prompts manufacturers to adopt responsible sourcing practices and develop innovative ingredient solutions that provide environmentally conscious pet owners.
For instance, in June 2023, French pet food company Réglo expanded its product line by introducing insect-based dry dog and cat food as an alternative to traditional meat and fish options, responding to the growing consumer demand for sustainable and ethically sourced ingredients. The rising emphasis on sustainability in pet food choices and eco-friendly pet food choices significantly propels market growth.
The restricted availability of resources limits the advancement of the pet food ingredient market as the demand for premium and sustainable ingredients grows, suppliers face challenges in obtaining adequate supplies.
The elements such as the overuse of natural resources, climate change, and disruptions in supply chains lead to deficiencies in essential ingredients such as fish and specialized grains, hinders the market's capacity to fulfill consumer requirements.
The integration of sustainable protein sources such as egg-derived proteins, tofu byproducts, black soldier flies, and silkworms is anticipated to generate new opportunities in the pet food ingredient market. These alternatives provide high nutritional value and reduced environmental footprint compared to traditional proteins such as beef and pork.
Egg proteins and tofu derivatives not only offer essential nutrients but also contribute to minimizing food waste. Additionally, insect proteins from black soldier flies and silkworms present sustainable and eco-friendly approach to protein production. These choices not only meet the dietary needs of pets but also promote the adoption of organic practices, encouraging the industry toward environmentally responsible production and long-term sustainability.
The several market players operating in the France pet food ingredients market include Cargill Incorporated, BASF SE, Archer Daniels Midland Company (ADM), Koninklijke DSM N.V., Mowi ASA, Symrise AG, Darling Ingredients Inc., The Scoular Company, Roquette Freres, Sinova GmbH, and others.
Non-Vegan
Beef
Chicken
Fish
Others
Vegan
Soyabeans
Peas
Lentils
Others
Novel Proteins
Online
Offline
Cargill Incorporated
BASF SE
Archer Daniels Midland Company (ADM)
Koninklijke DSM N.V.
Mowi ASA
Symrise AG
Darling Ingredients Inc.
The Scoular Company
Roquette Freres
Sinova GmbH
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 1.52 Billion |
Revenue Forecast in 2030 |
USD 2.56 Billion |
Growth Rate |
CAGR of 7.3% from 2024 to 2030 |
Market Volume in 2023 |
219.57 Kilotons |
Volume Forecast in 2030 |
299.85 Kilotons |
Growth Rate (Volume) |
CAGR of 4.2% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2024 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Billion (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |