Worldwide
Pulses in Pet Food Market is expected to grow at a significant CAGR in
the upcoming years as the scope and its applications are rising enormously
across the globe. Pet food is a commercial feed, which is distributed and
prepared for consumption by pets. Pulses are known to be the good source of
amino acids, energy supplied by carbohydrates, and the building blocks of
protein. It is a combined term for legume seeds like chickpeas, peas, various
beans, and lentils. The pulses are nutritional tools that make pet food
healthier. It also contains substantial amount of fiber, maximum of which is
soluble and useful for digestive health. Moreover, these are an essential
functional ingredient for proper extrusion and physical binding in treats.
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The Key Factor That
Drives the Growth of Pulses in Pet Food Market Research Report by Trends,
Applications, Analysis, Growth, and Forecast: 2017 to 2022
The factors that are playing a
major role in the growth of Pulses in Pet Food Market are rising awareness
about pet health and food. On the other hand, factors that are restraining
overall market growth are the absence of proper supply chain, increasing the
number of cases of allergies among humans due to pets, and high cost for raw
materials and production.
Pulses in Pet Food Market is
segmented based on product types, applications, and region. Product types such
as Phaseolus & Vigna Genus, Green/Yellow Peas, Chickpeas/Garbanzo Beans,
Green/Red Lentils, and others classify Pulses in Pet Food Industry.
Applications into Birds, Dogs, Small Mammals, Cats, and others classify the
market. Dogs food segment accounts for the largest market share of Pulses in
Pet Food Market and is estimated to lead the overall market in the years to
come. Birds and cat food segment follow suit.
Pulses in Pet Food Market is
segmented geographically Americas (North America, Latin America), Europe
(Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and
Africa. Globally, North America accounts for the largest market share of Pulses
in Pet Food Industry and is estimated to lead the overall market in the
upcoming years. It is projected to grow at highest CAGR in the years to come.
The reason being, rising demand for grain-free food. The United States is the
major consumer of market. This is mainly due to the rise in pet humanization
and growing pet health concerns. Europe and Asia Pacific follow suit. Europe
accounts for the second largest share of Pulses in Pet Food Market. The reason
being, rising number of people are opting for pets and rising disposable
income. On the other hand, Asia Pacific is estimated to grow at fastest pace in
the upcoming years, as growing trend of keeping pets at home.
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Top Key players include: - CanMar Grain Products, Ingredion, Best
Cooking Pulses, ADM, Xinjiang Longwang, Diefenbaker Spice & Pulses, and AGT
Food & Ingredients.
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