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.
Grape seed extract is a dietary supplement made from grape seeds. Because of the antioxidants it contains, it may help protect cells from free radical damage. According to the study, grape seed extract may also have anti-inflammatory and antibacterial characteristics.
The proportion of grape seed extract in pet food products has recently grown. Pet owners are looking for natural and holistic substitutes for common pet food ingredients in order to reap potential health benefits.
Tap into Market Opportunities and Stay Ahead of Competitors – Get Your Sample Report Now!
https://www.futuremarketinsights.com/reports/sample/rep-gb-840
Because of its antioxidant characteristics, grape seed extract is commonly used in pet food. The component may help a pet’s immune system and protect it from oxidative stress, a significant cause of chronic illnesses. Grape seed extract may also assist pets’ cardiovascular health, as well as their skin, coat, and joints.
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.
Access the Complete Report Methodology Now!
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.
Obtain the Complete Report Methodology!
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-840
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)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
