Pet Food Ingredients Market Growth | Driven by Rising Pet...

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2024-05-31 09:23:44 -

Pet Food Ingredients Market Growth | Driven by Rising Pet Population and Growing Demand

The global pet food ingredients market is set to achieve a remarkable milestone, projected to reach $73.30 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031. This growth is propelled by the increasing pet population, rising expenditure on pet food, and a heightened focus on pet health and wellness. However, market expansion faces challenges from...

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