Rising Pet Ownership Accelerates the Market Growth
Additionally, the rise in the demand for functional ingredients, offering health benefits beyond taste, and an increasing preference for customized nutrition solutions, for this reason, many market players are increasing partnerships and introducing new products for pets. In August 2022, Bright Planet announced the launch of new flavored Better Bac’n and its partnership with central pet distribution, to further meet the demand for plant-based dog treats, as these treats are made from sustainable all-natural ingredients, creating up to 90% less carbon emissions and uses up to 80% less water than meat-based food product, as this new distribution partnership increases product availability to independent and regional pet specialty stores and further expanding market growth.
Growth in Research & Development Activities Fuels the Market Growth
However, many market players are expanding research and exploration services, enhancing new product to support pet food production. For instance, in February 2024, Kemin Nutrisurance announced to opened Innovation Centre and second spray-drying facility in Vargeão, Santa Catarina, Brazil, for the production of dry and liquid palatants and offering customers local laboratory, and improving and evaluating the performances of current and future products, as well as improve cost efficiency, to bring top innovations at the speed the pet food industry demands. In addition, in October 2023, ADM announced to invest US$ 33 million to build pet production line in Guadalajara, Jalisco, helping in increasing the manufacturing workforce and dry pet food production flow and introduction of new pet food palatants in the market.
Recent Trends in the Pet Food Palatants Industry:
- Increasing demand for clean-labelled product without artificial flavour
- Advances in formulation with functional benefits such as supporting digestion, coat condition.
- Emphasis on enhancing the efficacy and stability of palatants and improving flavour delivery systems.
- Heightened focus on regulatory requirements including transparency in ingredient sourcing and formulation, and labelling practices.
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Intense Competition, High Cost Ingredients and Health Concerned Impacts Market Growth
Furthermore, some palatants, especially those derived from animal proteins, may pose allergen risks for pets, leading to health concerns and impacting the market growth if adverse reactions are reported, due to which ensuring the safety and quality of palatants is crucial as any issues related to contamination lead to product recalls and damage to brand reputation. For instance, in May 2024, a product has been announced for the presence of loose metal pieces in 315 44-pound bags sold under the name of Pedigree Adult Complete Nutrition Grilled Steak & Vegetable Flavour Dry Dog kibble bags, produced by Mars Petcare US.
Advancements in Functional Palatants Drives the Market Growth
However, increasing demand for using natural and organic ingredients in pet food among pet owners and reducing reliance on artificial additives for sustainability and ethical production in pet nutrition, are becoming more common, for this reason, many market players are launching plant-based products. For instance, in April 2022, Trigea announced to launch of wheat-based Trigovit textures, used to improve a pet food’s texture as well as its nutritional value without impacting taste and odor, as it can be added to a variety of pet food formulas, including dry, kibble, wet, semi-moist and other formats.
Further, many market players are offering products prioritizing animal health, and ethical sourcing and extending reach through various channels, including direct-to-consumer platforms, new retail partnerships, and expanding into international markets. For instance, in May 2024, Cult Food Sciences announced to launch Noochies brand, which offers freeze-dried, high-protein, and nutrient-rich pet treats made without factory farming, by integrating cultivated meat and innovating standards products through advanced biotechnology.
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Growing Demand for Natural and Organic Pet Food Palatants Expands Market Growth
Additionally, in Latin America, the use of pet food palatants is on the rise as pet ownership becomes more widespread and consumer awareness of pet nutrition improves, resulting in the rising demands of palatants to enhance the taste of basic pet foods and to make them more appealing to pets for selective eating habits of pets, also there is growing interest in palatants that support specific health benefits, such as better digestion and weight management, in response to the increasing availability of premium and specialized pet food products. Companies such as Symrise are responding to the demand by expanding production facilities by opening new production centers featuring advanced technology and high operational efficiency, offering palatants for dog and cat food formulas.
However, the European markets emphasize the use of palatants that align with stringent regulatory standards and consumer preferences for sustainability resulting in the increasing demand for environmentally friendly and ethically sourced ingredients, leading to innovations in plant-based and novel protein sources. European pet food palatants are frequently designed to cater to a wide range of dietary requirements, including hypoallergenic options and products for pets with special dietary needs and an increasing focus on palatants that contribute to the overall well-being of pets, such as those that support dental health or skin condition.
Moreover, the Asia-Pacific region showcases a diverse range of palatants tailored to the varied dietary preferences and cultural practices surrounding pet food. In nations such as China and Japan, the demand for palatants is high including the incorporation of traditional ingredients and flavours are higher in appeal to the local palate, due to which many partnerships and collaborations between market players are increasing. For instance, in July 2022, Symrise announced the acquisition of Wing Pet Food, this strengthened the market position in the areas of pet food palatability and accelerated the diversification of nutrition and food protection. As pet ownership continues to rise and urbanization increases, the growing interest in premium pet foods with enhanced flavour profiles increases and drives market growth. Furthermore, the Middle East and Africa present a unique market with varied needs for pet food palatants, as there is a strong preference for palatants that cater to luxury pet food products, with a focus on high-quality ingredients and exotic flavors. The market is evolving, with growing attention to palatants that can enhance the taste of affordable pet food options.
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Regions | Countries |
---|---|
North America | United States, Canada |
Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Central America Countries, Caribbean Countries, Rest of Latin America |
Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Czech Republic, Rest of Europe |
Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Philippines, Vietnam, Thailand, Bangladesh, Rest of Asia Pacific |
Middle East and Africa | GCC Countries, South Africa, Nigeria, Egypt, Turkey, Morocco, Ethiopia, Algeria, Israel, Iran, Iraq, Kenya, Rest of MEA |
Pet Food Palatants Market Research Report Covers In-depth Analysis on:
- Pet food palatants market detailed segments and segment-wise market breakdown
- Pet food palatants market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in pet food palatants industry)
- Current, historical and forthcoming 10 years market valuation in terms of pet food palatants market size (US$ Mn), volume (Tons), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Pet food palatants market demand analysis
- Pet food palatants market pricing analysis over forecast period (by key segment and by region)
- Pet food palatants market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in pet food palatants market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in pet food palatants market
- Pet food palatants market sales and distribution strategies
- A comprehensive overview of parent market
- A detailed viewpoint on pet food palatants market forecast by countries
- Mergers and acquisitions in pet food palatants market
- Essential information to enhance market position
- Robust research methodology