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Europe Pet Food Nutraceuticals Market Size & Industry | 2031
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Europe Pet Food Nutraceuticals Market Size & Industry | 2031

Segments - Europe Pet Food Nutraceuticals Market by Ingredient Types (Milk Bioactive, Omega-3 Fatty Acids, Probiotics, Proteins, Vitamins, and Minerals), Functions (Nutrition and Supplements), Pet Types (Dog, Cat, Bird, and Fish), and Geography (Spain, United Kingdom, France, Germany, Russia, Italy, and Rest of Europe) - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Debadatta Patel
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Editor : Shruti Bhat

Upcoming | Report ID :CG-3403 | 4.3 Rating | 80 Reviews | 176 Pages | Format : PDF Excel PPT

Report Description


The Europe Pet Food Nutraceuticals Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 4.4% during the forecast period, 2023 – 2031. The growth of the market is attributed to rising awareness about the pet health in the European countries.

The nutraceuticals foods are the foods with extra health benefits with addition to the basic nutritional value. This nutraceuticals food used for the dogs, cat, birds, fish and other pet animals. The nutraceutical food is also called as therapeutic supplement that are taken orally to provide health benefits to the pets either for obstacles or treatment of diseases.

Europe Pet Food Nutraceuticals Market Outlook

The Covid-19 pandemic affected the demand and supply of Europe pet food nutraceuticals market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

  • Increasing number of single families in the European countries increases the pet owners which are estimated to drive the market.

  • Rising animal health care cost and poor results of the drugs have led consumer looking to alternative products which is projected to drive the market during the forecast period.

  • The supplements used as a drug by the veterinary community for the animal treatments this is expected to drive the Europe pet food nutraceuticals market.

  • Factors such as lack of acceptance of pet food in some countries, different regulatory bodies and lack of raw materials are restraining the growth of the market during the forecast period.

  • In the European countries humanization and premiumization are very frequently used and popular among the European which is fueling the Europe pet food nutraceuticals market.

Scope of Pet Food Nutraceuticals Market Report

The report on the Europe pet food nutraceuticals market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Europe Pet Food Nutraceuticals Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Ingredient Types (Milk Bioactive, Omega-3 Fatty Acids, Probiotics, Proteins, Vitamins, and Minerals), Functions (Nutrition and Supplements), Pet Types (Dog, Cat, Bird, and Fish)

Regional Scope

Europe

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Mars Inc.; Nestle Purina; Hill’s Pet Nutrition, Inc.; The J. M. Smucker Company; Heristo Aktiengesellschaft

Pet Food Nutraceuticals Market Segment Insights

The milk bioactive segment is expected to grow at a rapid pace

Based on the ingredient types, the Europe pet food nutraceuticals market is divided into milk bioactive, omega-3 fatty acids, probiotics, proteins, vitamins, and minerals. The milk bioactive segment is expected to grow at rapid pace during the forecast period owing to bioactive milk contains the additional nutritional value, retain many biological properties and therapeutical effect in various disorders and diseases.

However, omega-3 fatty acids segment is anticipated to hold a key share of the market in the coming years. It contains very high-level nutrition which is beneficial to modulating the immune response of the pet animals.

The supplements segment is projected to expand at a considerable CAGR

On the basis of functions, the market is bifurcated into nutrition and supplements. The supplements segment is projected to expand at a considerable CAGR during the forecast period. Supplements are an alternative used as a drug in the veterinary community. On the other hand, the nutrition segment is anticipated to account for a major market share during the forecast period due to rising demand of nutritional products in the pet food.

The cat segment is estimate to gain a large revenue share

Based on the pet types, the Europe pet food nutraceuticals market is segmented into dog, cat, bird, and fish. The cat segment is estimated to gain a large revenue share during the forecast period owing to increasing number of pets as a cat is high. According to European Pet Food Federation (FEDIAF) statistics, the European region has 75 million cats, out of that 35.4% are pets.

Europe Pet Food Nutraceuticals Market Pet Types

The United Kingdom is anticipated to constitute a key market share

In terms of geography, the Europe pet food nutraceuticals market is classified as Spain, United Kingdom, France, Germany, Russia, Italy, and Rest of Europe. The United Kingdom is anticipated to constitute a key market share because of increasing pet owners in the region.

Segments

Ingredient types

  • Milk Bioactive
  • Omega-3 Fatty Acids
  • Probiotics
  • Proteins
  • Vitamins
  • Minerals

Functions

  • Nutrition
  • Supplements

Pet Types

  • Dog
  • Cat
  • Birds
  • Fish

Geography

  • Spain
  • United Kingdom
  • France
  • Germany
  • Russia
  • Italy
  • Rest of Europe

Key players

Competitive Landscape

Some of the key players competing in the Europe pet food nutraceuticals market include Mars Inc.; Nestle Purina; Hill’s Pet Nutrition, Inc.; The J. M. Smucker Company; Heristo Aktiengesellschaft.

These key players are constantly implementing several marketing strategies such as merger & acquisitions, capital investments, partnerships, and new product development for different types of pets to sustain industry position in the market.

Europe Pet Food Nutraceuticals Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pet Food Nutraceuticals Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Pet Food Nutraceuticals Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Pet Food Nutraceuticals Market - Supply Chain
  4.5. Global Pet Food Nutraceuticals Market Forecast
     4.5.1. Pet Food Nutraceuticals Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Pet Food Nutraceuticals Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Pet Food Nutraceuticals Market Absolute $ Opportunity
5. Global Pet Food Nutraceuticals Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Pet Food Nutraceuticals Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Pet Food Nutraceuticals Demand Share Forecast, 2019-2026
6. North America Pet Food Nutraceuticals Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Pet Food Nutraceuticals Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Pet Food Nutraceuticals Demand Share Forecast, 2019-2026
7. Latin America Pet Food Nutraceuticals Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Pet Food Nutraceuticals Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Pet Food Nutraceuticals Demand Share Forecast, 2019-2026
8. Europe Pet Food Nutraceuticals Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Pet Food Nutraceuticals Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Pet Food Nutraceuticals Demand Share Forecast, 2019-2026
9. Asia Pacific Pet Food Nutraceuticals Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Pet Food Nutraceuticals Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Pet Food Nutraceuticals Demand Share Forecast, 2019-2026
10. Middle East & Africa Pet Food Nutraceuticals Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Pet Food Nutraceuticals Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Pet Food Nutraceuticals Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Pet Food Nutraceuticals Market: Market Share Analysis
  11.2. Pet Food Nutraceuticals Distributors and Customers
  11.3. Pet Food Nutraceuticals Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Mars Inc.
     11.4.2. Nestle Purina
     11.4.3. Hill’s Pet Nutrition, Inc.
     11.4.4. The J. M. Smucker Company
     11.4.5. Heristo Aktiengesellschaft

Methodology

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