Grape Seed Extract in Pet Food Application Market Industry Future Analysis, Business Description, Segments and Growth by 2030

The global keyword market size was US$ $$ billion in 2020. The global keyword market is forecast to reach the value of US$ $$billion by 2030 by growing at a compound annual growth rate (CAGR) of $$% during the forecast period from 2021-2030.

The global fast-moving consumer goods (FMCG) market has been witnessing abrupt changes in consumer choices. The demand for a diverse variety and new arrivals of products has been increasing regular basis. Be it food and beverage, personal care, home care, or healthcare, the demand of varied products from the consumers are creating significant growth opportunities for the market players.

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Grape seed extract is an antioxidant often utilized in pet food to aid boost immune system and brain function. As a result, pet food producers are responding to consumer demand by launching varied range of products containing grape seed extract. Increasing health problems in pets and increasing demand of pet food are factors contributing to the market growth. For instance: according to pet food industry, the pet food production went up to 29.33 MMT (Metric Million Tons), in the year 2020 from 27.09 MMT (Metric Million Tons), in the year 2019. However, increasing number of substitutes of pet food and increasing competition between the key players impedes the growth of the market over the forecast period of 2021-2027. Also, increasing awareness towards healthy benefits of grapes and increasing disposable income is likely to increase the growth of the market in the forecasting period.

The regional analysis of global Grape Seed Extract in Pet Food Application market when considering for various key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World leads to the analysis that North America is the leading region across the world in terms of market share owing to the region being largest producer of grapes.

Whereas Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as technological advancements and increased pet adoption would create lucrative growth prospects for the Grape Seed Extract in Pet Food Application market across Asia-Pacific region.

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Major market player included in this report are:
Burgess Group PLC
Purina
JM Smucker Co
Louis Dreyfus Company B.V
Mars Incorporated
Betagro Public Company Limited
Affinity Petcare SA
Nutro Products Inc
Fromm Family Foods LLC
Dave’s Pet Food

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Nature:
Organic
Conventional
By Animal type:
Cat
Dog
Birds
Horse
Rabbits
By Product type:
Wet Food
Dry Food
Treats and Chews
Frozen22
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Grape Seed Extract in Pet Food Application Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Trends like development of new supermarkets and hypermarkets are forecast to create favorable opportunities. Moreover, rising disposable income and growing demand for advanced one-stop solutions would further expand the industrial growth in the coming years.

The value of FMCG sector is forecast to reach US$ 18.5 billion by the end of the year 2028, and is anticipated to grow at a CAGR of 4.9% in the forecast period. Of all the regions, North America is dominating the entire FMCG sector and is forecast to hold the largest market share during the study period. North America FMCG sector is growing significantly owing to change in lifestyles, growing number of supermarkets, and rising urban population. Moreover, the Asia-Pacific is forecast to record the CAGR of 7.8%, because of changing lifestyles, increasing urbanization, and rising employment rate. Apart from that, increasing focus of companies and organizations towards R&D and new product launches would further boost the popularity of FMCG domain and escalate the regional growth of the market.

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What is the key information extracted from the report?

Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter’s Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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