Pet Food & Animal Nutrition Ingredients · Direct
Monitoring · monthly
Procurement Category Intelligence

Pet Food - Plant Proteins

Overview
Market size
$4.5B
global, USD
CAGR
7.5%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
7
monitored

Market outlook

2031$6.5B

What changed

Demand by region

Europe demand41%
North America demand32%
Asia Pacific demand18%
Rest of world demand9%
share of global demandtotal 100%

Cost drivers

Raw Agricultural Feedstocks (Soy, Pea, Wheat Crops)45%
Processing and Isolation Energy20%
Logistics and Freight15%
Packaging and Quality Assurance12%
Milling and Formulating Margins8%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked