The grape seed extract in pet food application market is securing a valuation of US$ 43 million in 2023 and is rising to US$ 73.7 million by 2033. The market is registering a CAGR of 6% during the forecast period.
A dietary supplement made from grape seeds is called grape seed extract. Antioxidants included in it may help shield cells from damage brought on by free radicals. Additionally, research has raised the possibility that grape seed extract has anti-inflammatory and antibacterial characteristics.
Recently, the amount of grape seed extract in pet food products has increased. For potential health advantages, pet owners are searching for natural and holistic substitutes for typical pet food ingredients.
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Due to its antioxidant characteristics, grape seed extract is popular in pet food. The portion could assist a pet’s immune system and shield it from oxidative stress, a leading contributor to chronic illnesses. Additionally, grape seed extract may support pets’ joint, skin, and coat health as well as their cardiovascular health.
Using grape seed extract in pet food is still a relatively recent trend, it is vital to remember that. Before using grape seed extract in your pet’s food, as with any dietary item or supplement, talk to your vet.
Key Takeaways:
- The grape seed extract in pet food application market is expected to have a valuation of US$ 7 million by 2033.
- With a CAGR of 6%, the global market is increasing during the forecast period.
- The United States grape seed extract in pet food application market is anticipated to expand at a CAGR of 8% through 2033.
- Historically, the market secured a CAGR of 3% between 2018 and 2022.
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Who is Winning?
The key players fragment the market by adopting several marketing methodologies. A few of the key players in the grape seed extract in the pet application market may adopt the following strategic policies:
- Expansion of Product Line:Key players in the market may expand their product line by introducing new pet food products containing grape seed extract. This strategy can help companies differentiate themselves from competitors and attract new customers.
- Partnerships and Collaborations:Companies may form partnerships or collaborations with other players in the market to leverage their expertise and resources. For example, a company specializing in pet food production may collaborate with a company specializing in grape seed extract production to develop new products.
- Marketing and Promotion:Key players may invest in marketing and promotion campaigns to create awareness and increase product demand. This strategy can help companies improve their market share and attract new customers.
- Research and Development:Companies may invest in research and development to identify new applications for grape seed extract in pet food products. This strategy can help companies stay ahead of the competition and meet the evolving needs of pet owners.
- Mergers and Acquisitions:Key players may also engage in mergers and acquisitions to consolidate their position in the market and gain access to new markets or technologies. This strategy can help companies achieve economies of scale and enhance their competitive advantage.
Other Essential Players in the Market:
- NutriScience Innovations LLC
- Kemin Industries, Inc.
- Nexira
- Martin Bauer Group
- Naturex
- Indena S.p.A.
- BI Nutraceuticals
- Sabinsa Corporation
- Swanson Health Products
- NOW Health Group, Inc.
- Blue Buffalo Co., Ltd.
- Hill’s Pet Nutrition, Inc.
- Mars Petcare Inc.
- Nestlé Purina PetCare
- Royal Canin
Recent Developments in the Market:
- NutriScience Innovations LLC: In 2020, NutriScience Innovations introduced a new grape seed extract product called Nutri-Master GSPE. This product is a water-soluble grape seed extract used in pet food and other animal nutrition applications. According to the company, Nutri-Master GSPE has a high concentration of polyphenols and antioxidants, making it an ideal ingredient for supporting pet health.
- Naturals Best Inc.: Naturals Best Inc. has continued expanding its pet supplements that contain grape seed extract. In addition to its existing products, the company has launched several new accessories that feature grape seed extract as a key ingredient. These include ‘Healthy Coat for Dogs and Cats,’ ‘Calming Aid for Dogs and Cats,’ and ‘Immune Support for Dogs and Cats.’
- NaturVet: NaturVet has recently introduced a new line of pet supplements called ‘Vital Pet Life.’ This line includes several products that feature grape seed extract, such as Joint Support Soft Chews, Senior Advanced Soft Chews, and Immune Health Soft Chews. The company has also launched a new product called Hemp Quiet Moments, which contains hemp seed oil, melatonin, and other natural ingredients to help calm pets during stressful situations.
Grape Seed Extract in Pet Food Application Market by Category
By Nature:
- Organic
- Conventional
By Animal Type:
- Cat
- Dog
- Birds
- Horse
- Rabbits
By Product Type:
- Wet Food
- Dry Food
- Treats and Chews
- Frozen
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- The Middle East & Africa (MEA)
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