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PUBLISHER: Grand View Research | PRODUCT CODE: 1405800
PUBLISHER: Grand View Research | PRODUCT CODE: 1405800
Europe Pet Food Antioxidants For Meat Rendering Market Size, Share & Trends Analysis Report By Type (Natural, Synthetic), By Region, And Segment Forecasts, 2024 - 2030
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Europe Pet Food Antioxidants For Meat Rendering Market Growth & Trends:
The Europe pet food antioxidants for meat rendering market size is estimated to reach USD 61.88 million by 2030 and is projected to grow at a CAGR of 1.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth can be attributed to the increasing demand for high-quality nutrition products as more and more people are choosing to adopt animals across Europe, especially dogs and cats. It is increasing the consumption of antioxidants used for preserving rendered meat used in their food products.
Increasing expenditure on high-quality food for animals by consumers has been main driver for antioxidants market in Europe. Owners have shifted towards nutritious intake to maintain the health and immunity of their animals. According to the European Pet Food Industry Federation (FEDIAF), Europe is a crucial major market with 340 million domesticated animals around the region. The purchase by European residents accounted for 10.5 million tons of food items, with approximately 46% of the households in the region containing a domesticated animal.
Natural antioxidants have emerged as a fast-growing segment, including ingredients such as vitamin E, vitamin C, and rosemary extracts, used in meat-based food items for preventing the oxidation of fats and oil, thereby reducing the chances of rancidity in the products. Major companies working in the region, such as Alltech, DSM, and Nutreco, have been focusing on introducing natural products to gain leverage from this new trend in the market.
Europe Pet Food Antioxidants For Meat Rendering Market Report Highlights:
- In terms of type, the natural segment emerged as the fastest-growing grade segment with a CAGR of 2.0% from 2024 to 2030 due to its increasing consciousness among customers regarding the importance of natural or organic products in the region, thereby increasing natural antioxidant consumption across Europe
- Russia emerged as the fastest-growing country with a CAGR of 2.1% from 2024 to 2030 due to a large pet population and the presence of major manufacturing companies
- New innovations such as lab-produced meat are going to have a crucial impact on the market due to the long-term preservation and usage time period provided by lab-produced meat products, decreasing the relevance of antioxidants for the purpose of preventing rancidity
- Major companies have shifted their focus on reducing their carbon footprint in production facilities. For instance, in October 2023, Purina Europe, owned by Nestle S.A., announced the launch of its first carbon-reduced pet food products range, Purina ONE DualNature. The launch was deemed as a step towards the company's ambition to reduce carbon emissions by half by 2030
- The European Commission has put stringent regulations regarding usage of additives in pet food market. For instance, in October 2022, it limited the usage of additives such as sodium ascorbate, ascorbic acid, and calcium ascorbate for their antioxidant properties in tuna products
Product Code: GVR-4-68040-162-1
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.4 Information analysis
- 1.5 Market formulation & data visualization
- 1.6 Data validation & publishing
- 1.6.1 Research scope and assumptions
- 1.6.2 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Europe Pet Food Antioxidants for Meat Rendering Market: Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Parent Market Outlook: Europe Antioxidants market
- 3.2 Industry Value Chain Analysis
- 3.2.1 Manufacturing/Technology Trends
- 3.2.2 Sales Channel Analysis
- 3.2.3 Consumer Behavior Analysis
- 3.3 Vendor Landscape
- 3.3.1 List of Key distributors/channel partners
- 3.3.2 List of Potential End-users
- 3.4 Regulatory Framework
- 3.5 Europe Price Trend Analysis, 2018 - 2030 (USD/kg)
- 3.5.1 Factors Influencing Prices
- 3.6 Impact of COVID-19 Pandemic
- 3.7 Impact of European Geopolitical Conflict
- 3.8 Market Dynamics
- 3.8.1 Market Driver Analysis
- 3.8.2 Market Restraint Analysis
- 3.8.3 Industry Challenges
- 3.8.4 Industry Opportunities
- 3.9 Industry Analysis Tools
- 3.9.1 PORTER's Analysis
- 3.9.2 Macroeconomic Analysis- PESTLE Analysis
Chapter 4 Europe Pet Food Antioxidants for Meat Rendering Market: Supplier Portfolio Analysis
- 4.1 List of Raw Material Suppliers
- 4.2 Raw Material Trends
- 4.3 Portfolio Analysis/ Kraljic Matric
- 4.4 Engagement Model
- 4.5 Negotiation Strategies
- 4.6 Sourcing Best Practices
Chapter 5 Europe Pet Food Antioxidants for Meat Rendering Market: Type Estimates & Trend Analysis
- 5.1 Type Movement Analysis & Market Share, 2023 & 2030
- 5.1.1 Natural
- 5.1.2 Synthetic
Chapter 6 Europe Pet Food Antioxidants for Meat Rendering Market: Regional Estimates & Trend Analysis
- 6.1 Europe Pet Food Antioxidants for Meat Rendering Market: Regional Outlook
- 6.2 Europe
- 6.2.1 Europe Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (KiloTONS) (USD Thousands)
- 6.2.2 Germany
- 6.2.2.1 Key Country Dynamics
- 6.2.2.2 Germany Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousands)
- 6.2.3 UK
- 6.2.3.1 Key Country Dynamics
- 6.2.3.2 UK Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousands)
- 6.2.4 France
- 6.2.4.1 Key Country Dynamics
- 6.2.4.2 France Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousands)
- 6.2.5 Italy
- 6.2.5.1 Key Country Dynamics
- 6.2.5.2 Italy Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousands)
- 6.2.6 Spain
- 6.2.6.1 Key Country Dynamics
- 6.2.6.2 Spain Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Tons) (USD Thousands)
- 6.2.7 Russia
- 6.2.7.1 Key Country Dynamics
- 6.2.7.2 Russia Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Tons) (USD Thousands)
- 6.2.8 Rest of Europe
- 6.2.7.1 Key Country Dynamics
- 6.2.7.2 Rest of Europe Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Tons) (USD Thousands)
Chapter 7 Competitive Landscape
- 7.1 Company Production Capacities, 2023
- 7.2 Recent Developments & Impact Analysis, By Key Market Participants
- 7.3 Company/Competition Categorization
- 7.4 Company Market Share Analysis, 2023
- 7.5 Company Heat Map Analysis
- 7.6 Strategy Mapping
- 7.6.1 Expansions
- 7.6.2 Mergers & Acquisition
- 7.6.3 Partnership
- 7.6.4 New product launches
- 7.7 Company Listing (Business Overview, Financial Performance, Product Benchmarking)
- 7.7.1 Adisseo
- 7.7.2 ADM
- 7.7.3 Alltech
- 7.7.4 AstaReal Group
- 7.7.5 BASF SE
- 7.7.6 Camlin Fine Sciences Ltd.
- 7.7.7 Cargill
- 7.7.8 DSM
- 7.7.9 Kemin Industries, Inc.
- 7.7.10 Novus International, Inc.
- 7.7.11 Nutreco
Product Code: GVR-4-68040-162-1
List of Tables
- Table 1 List of Key Distributors/Channel Partners
- Table 2 List of Potential End-Users
- Table 3 List of Pet Food Antioxidants for Meat Rendering Raw Material Suppliers
- Table 4 Germany macro-economic outlay
- Table 5 UK macro-economic outlay
- Table 6 France macro-economic outlay
- Table 7 Italy macro-economic outlay
- Table 8 Spain macro-economic outlay
- Table 9 Russia macro-economic outlay
- Table 10 Rest of Europe macro-economic outlay
- Table 11 Market Participant's Overview
- Table 12 Financial Performance
- Table 13 Product Benchmarking
- Table 14 Company Production Capacities, 2023
- Table 15 Recent Developments & Impact Analysis, By Key Market Participants
- Table 16 Company Heat Map Analysis
- Table 17 Key Companies Undergoing Expansions.
- Table 18 Key Companies Involved in M&As
- Table 19 Key Companies Undergoing Partnership.
- Table 20 Key Companies launching new products
List of Figures
- Fig. 1 Pet Food Antioxidants for Meat Rendering Market Segmentation & Scope
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Europe Pet Food Antioxidants for Meat Rendering Market Snapshot
- Fig. 7 Europe Pet Food Antioxidants for Meat Rendering Market Segment Snapshot
- Fig. 8 Europe Pet Food Antioxidants for Meat Rendering Market Competitive Landscape Snapshot
- Fig. 9 Europe Pet Food Antioxidants for Meat Rendering Market, 2023 (USD Thousands)
- Fig. 10 Europe Pet Food Antioxidants for Meat Rendering Market - Value Chain Analysis
- Fig. 11 Pet Food Antioxidants Production Process
- Fig. 12 Europe Pet Food Antioxidants for Meat Rendering Market: Price Trend Analysis, 2018 - 2030 (USD/kg)
- Fig. 13 Europe Pet Food Antioxidants for Meat Rendering Market Dynamics
- Fig. 14 Europe Pet Food Antioxidants for Meat Rendering Market: PORTER's Analysis
- Fig. 15 Europe Pet Food Antioxidants for Meat Rendering Market: PESTLE Analysis
- Fig. 16 Europe Pet Food Antioxidants for Meat Rendering Market: Portfolio Analysis/ Kraljic Matric, By Raw Material
- Fig. 17 Europe Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, by Type: Key Takeaways
- Fig. 18 Europe Pet Food Antioxidants for Meat Rendering Market Share, By Type, 2023 & 2030
- Fig. 19 Natural Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (USD Thousands)
- Fig. 20 Synthetic Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (USD Thousands)
- Fig. 21 Pet Food Antioxidants for Meat Rendering Market Revenue, by Region, 2023 & 2030 (USD Thousands)
- Fig. 22 Europe Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousands)
- Fig. 23 Germany Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousands)
- Fig. 24 UK Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousands)
- Fig. 25 France Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousands)
- Fig. 26 Italy Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Thousands)
- Fig. 27 Spain Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Tons) (USD Thousands)
- Fig. 28 Russia Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Tons) (USD Thousands)
- Fig. 29 Rest of Europe Pet Food Antioxidants for Meat Rendering Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Tons) (USD Thousands)
- Fig. 30 Key Company/Competition Categorization
- Fig. 31 Key Company Market Share Analysis, 2023
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