Thailand Pet Food Ingredients Market: Trends, Growth Drivers, and Forecasts-2030

The Thailand pet food ingredients market is expected to reach USD 1.56 billion by 2030, growing at a CAGR of 13.1%. In terms of volume, the market was valued at 160.46 kilotons in 2023 and is projected to grow to 315.80 kilotons by 2030, with a CAGR of 9.7% from 2024 to 2030.

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This market involves the production and distribution of essential raw materials used in pet food formulations to meet the nutritional needs of various animals. These ingredients, which include proteins, fats, carbohydrates, vitamins, and minerals, are sourced from both plant and animal origins.

The rise in pet ownership is driving the demand for high-quality ingredients in pet food, as pet owners increasingly prioritize better nutrition for their pets. This shift in consumer preferences fuels growth and innovation within the pet food ingredients market, encouraging suppliers to adapt to the demand for healthier and more sustainable options.