Pet Food Nutraceuticals Market is expected to grow at $5.39 bn CAGR of 4.12% during the forecast period 2017-2021
According to the report Global Pet Food Nutraceuticals Market", published by Market Data Forecast, the global market is projected to reach USD $5.39 billion by 2021, at a CAGR of 4.12% from 2017 to 2021.
(EMAILWIRE.COM, January 09, 2017 ) Nutraceuticals are one of the fastest-growing segments of the pet industry. The usage of pet supplements and nutraceuticals is a rather recent practice in veterinary medicine.
Pet food supplements are classified as either dietary or therapeutic supplements. Dietary supplements are substances combined with the pet foods to make them nutritionally whole and well-adjusted. Therapeutic supplements (also known as nutraceuticals) are foods that are taken orally to provide a health advantage, either for deterrence or treatment of a disease.
Free sample of the report is available at http://www.marketdataforecast.com/market-reports/global-pet-food-nutraceuticals-market-1334/request-sample
The growth of the global Pet Food Nutraceuticals market is majorly driven by factors such as increasing urbanization, rising wages, implementation of channel specific product expansion, and varying lifestyles, leading to a drop in birth rates and an increase in the number of single person families. Pets are being considered as family members and thus the user predilection for nutrition empowered pet food is further driving the pet food nutraceutical market. However, factors such as different regulatory bodies, lack of recognition of pet food in under-developed countries, and lack of raw materials are restraining the growth of the market.
Segmentation:
1) Based on Ingredient Type:
Omega 3 fatty acids
Proteins and Peptides
Milk Bio actives
Probiotics
Dietary Fiber
Others
2) Based on Function type:
Nutrition/Therapeutic
Supplements
3) Based on Pet Type:
Cats
Fish
Dogs
Bird
Others
4) Based on Application Type:
Weight Management
Immune system
Food Allergies
Pain Relief
Digestive health
Skin and Coat
Eye care
Others
5) Geographical Segmentation:
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Enquire more about the report at http://www.marketdataforecast.com/market-reports/global-pet-food-nutraceuticals-market-1334/inquire
The major players in this market are focusing in the areas of Digestive health, weight management and beauty (Skin and Coat). The major companies dominating the global Pet Food Nutraceuticals market are Diana group, BASF SE, Chr. Hansen A/S, Kemin Industries Inc., Nutraceutical International LLC, and Royal DSM N.V.
About us
Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation thats trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.
Pet food supplements are classified as either dietary or therapeutic supplements. Dietary supplements are substances combined with the pet foods to make them nutritionally whole and well-adjusted. Therapeutic supplements (also known as nutraceuticals) are foods that are taken orally to provide a health advantage, either for deterrence or treatment of a disease.
Free sample of the report is available at http://www.marketdataforecast.com/market-reports/global-pet-food-nutraceuticals-market-1334/request-sample
The growth of the global Pet Food Nutraceuticals market is majorly driven by factors such as increasing urbanization, rising wages, implementation of channel specific product expansion, and varying lifestyles, leading to a drop in birth rates and an increase in the number of single person families. Pets are being considered as family members and thus the user predilection for nutrition empowered pet food is further driving the pet food nutraceutical market. However, factors such as different regulatory bodies, lack of recognition of pet food in under-developed countries, and lack of raw materials are restraining the growth of the market.
Segmentation:
1) Based on Ingredient Type:
Omega 3 fatty acids
Proteins and Peptides
Milk Bio actives
Probiotics
Dietary Fiber
Others
2) Based on Function type:
Nutrition/Therapeutic
Supplements
3) Based on Pet Type:
Cats
Fish
Dogs
Bird
Others
4) Based on Application Type:
Weight Management
Immune system
Food Allergies
Pain Relief
Digestive health
Skin and Coat
Eye care
Others
5) Geographical Segmentation:
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Enquire more about the report at http://www.marketdataforecast.com/market-reports/global-pet-food-nutraceuticals-market-1334/inquire
The major players in this market are focusing in the areas of Digestive health, weight management and beauty (Skin and Coat). The major companies dominating the global Pet Food Nutraceuticals market are Diana group, BASF SE, Chr. Hansen A/S, Kemin Industries Inc., Nutraceutical International LLC, and Royal DSM N.V.
About us
Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation thats trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results