Pet Food & Animal Nutrition Ingredients · Direct
Monitoring · monthlyProcurement Category Intelligence
Pet Food - Vitamins & Minerals
Overview
Market size
$6.8B
global, USD
CAGR
5.8%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
7
tracked players
Signals
12
1 high severity
Market outlook
2031$9.0B
What changed
Demand by region
North America demand38%
Europe demand30%
Asia Pacific demand18%
Latin America demand9%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Raw Vitamin and Mineral Active Ingredients45%
Blending, Formulation and Processing Labor20%
Packaging and Quality Assurance Testing15%
Energy and Utility Costs10%
Inbound and Outbound Logistics10%
share of delivered cost (analyst estimate)