Next Move Strategy Consulting
Sweden Pet Food Ingredients Market: Trends, Growth Drivers, and Future Outlook-2030
Sweden Pet Food Ingredients Market: Trends, Growth Drivers, and Future Outlook-2030
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The Sweden Pet Food Ingredients Market is expected to reach USD 883.7 million by 2030, growing at a CAGR of 9.4%. In terms of volume, the market size was 52.86 kilotons in 2023 and is projected to grow to 82.40 kilotons by 2030, with a CAGR of 6.2% from 2024 to 2030.
The pet food ingredients industry involves the production and supply of essential raw materials used in pet food formulations. These ingredients, sourced from both plant and animal origins, provide vital nutrients such as proteins, carbohydrates, fats, vitamins, and minerals to meet the dietary needs of various animal species.
The growing trend of pet ownership in Sweden is driving the expansion of the pet food ingredients market. As more households adopt pets, there is a rising demand for premium pet food products designed to cater to specific dietary requirements.
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