Next Move Strategy Consulting
Exploring Growth and Trends in the Africa Pet Food Ingredients Market-2030
Exploring Growth and Trends in the Africa Pet Food Ingredients Market-2030
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The Africa Pet Food Ingredients Market is expected to reach a size of USD 1001.2 million by 2030, growing at a CAGR of 10.8% . In terms of volume, the market was valued at 119.37 kilotons in 2023 and is projected to reach 204.58 kilotons by 2030, with a CAGR of 7.6% during the same period.
This market focuses on the production and supply of essential raw materials used in the creation of pet foods, catering to the diverse nutritional needs of various animal species. These ingredients, which include proteins, carbohydrates, fats, vitamins, and minerals, are sourced from both plant and animal origins. They undergo processing techniques such as grinding and blending to enhance flavor and nutritional content.
In South Africa, the pet dog population is forecasted to reach 7.4 million by 2024. This increase in pet ownership further drives the demand for pet food ingredients as producers strive to meet the growing need for nutritious pet food options tailored to specific dietary requirements.
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