Europe Pet Food Nutraceuticals Market – Growth, Trends & Forecasts (2015-2020) – Research and Markets
DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/dhxfkw/europe_pet_food)
has announced the addition of the “Europe
Pet Food Nutraceuticals Market – Growth, Trends and Forecasts
(2015-2020)” report to their offering.
The total Europe Pet Nutraceuticals market is valued at over $1413.5
million in 2015 and is projected to grow significantly between the years
2015 and 2020.
The pet nutraceuticals market is defined as dietary supplements,
functional foods or medicinal food products that provide a source of a
recognized essential nutrient, like calcium or vitamin A. They are
intended to work as supplements and ensure the nutritional completeness
of the pet diet.
European market, despite being a trend driven one, is characterized by a
high degree of sophistication, consumer awareness and ingredient
consciousness. The trends of pet ‘humanization’ and ‘premiumization’ are
very prevalent and popular among the Europeans. Apart from the comfort
and aesthetic pleasure of owning pets, pets are being seen as human
companions and are cared for in a similar manner.
Pet health care becomes an important part in this regard, with a marked
shift towards more premium and healthy foods. According to one source,
the veterinary services rose by nearly 10% in the recent years showing
the importance placed on professional care for pets. The growing
incidence of pet obesity is causing most consumers to be conscious of
their pet food choices. The increasing allergic reactions to certain
foods are another important constraint to the market, the increasing
sales of food allergen based foods is an indication of the importance of
this market.
Companies Mentioned:
- Archer Daniels Midland
- The Scoular Company
- Omega Protein
- Novotech Neutraceutical
- Kemin
- BASF
- DSM
- Dupont
- Pet Food Manufacturers
- Nestle (Purina Pet Care)
- Merial
- Total Alimentos
- Mars Inc
- Vit2Be-Diana Group
- Roquett
Key Topics Covered:
1. Introduction
2. Research Approach & Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
For more information visit http://www.researchandmarkets.com/research/dhxfkw/europe_pet_food
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Sector: Pet
Food
