Next Move Strategy Consulting
Exploring the Dynamics of the Canada Pet Food Ingredients Market-2030
Exploring the Dynamics of the Canada Pet Food Ingredients Market-2030
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The Canada Pet Food Ingredients Market is expected to reach USD 3.23 billion by 2030, growing at a CAGR of 5.9% . In terms of volume, the market size was 379.04 kilotons in 2023 and is projected to grow to 469.79 kilotons by 2030, with a CAGR of 2.7% during the forecast period.
This market focuses on the production and supply of essential raw materials required to create pet foods that fulfill the nutritional needs of different animal species.
As urbanization continues, with approximately 81.9% of Canada’s population living in urban areas as of 2023, pet ownership is on the rise. This increase in urban pet ownership leads to greater demand for a diverse range of premium pet food products. This shift encourages manufacturers to explore high-quality ingredients to cater to the specific dietary needs of pets in urban households, further driving market growth.
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