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Global Pet Milk Replacers Market to Grow at a CAGR of 7.3% During the Period 2024-2032, Driven by Growing Pet Ownership

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Pet Milk Replacers Market

Global Pet Milk Replacers Market Size, Share, Forecast: By Pet Category: Dogs, Cat, Others; By Product: Medicated, Non-Medicated; By Form: Powder, Liquid; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Pet Milk Replacers Market Outlook

The global pet milk replacers market is expected to grow at a CAGR of 7.3% during the period 2024-2032. Rising pet ownership and the need to fulfill nutritional needs of animals in the agricultural industry are expected to drive the market. North America, Europe and Asia are expected to be key markets.

 

Global Pet Milk Replacers Market

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Global Market Likely to be Driven by Growing Pet Ownership and Demand for Animal Nutrition in the Agricultural Industry

In recent years, the pet market has grown significantly with changing lifestyles (for example, living alone or being in a marriage without a child). Pets or companion animals offer humans much needed interaction that gives some social, medical, emotional and physical benefits. Such companion animals include dogs, cats, rabbits, etc. In case of early weaned and orphaned animals, milk replacers are suggested as a way of feeding if mother’s milk is not available.

Milk replacers provide baby animals the nutrition necessary for growth when the mother’s milk is unavailable. Today, milk replacers carry ingredients that support gut health and digestion. In certain circumstances milk replacers supplement mother’s milk when the mother is unable to produce sufficient milk to feed the baby satisfactorily. For example, foals generally nurse for very short periods throughout the day; if they continue to suckle for over 30 seconds at a time, they probably aren’t getting sufficient milk. Giving a milk replacer as a supplement helps the foal get adequate nutrition. Sometimes, new mothers reject their babies due to confusion, and remain unsure of how to take care of their babies. Sometimes, the mother falls ill or injured, and does not possess the physical strength to feed the baby at regular intervals. Also, if the mother is on medication, it may impede the mother’s ability to nurse safely. These purposes fulfilled by pet milk replacers are expected to boost the global pet milk replacers market.

 

Availability of Multi-species Milk Replacers Expected to Stimulate the Market

Pet owners or pregnant livestock owners keep milk replacers for situations where the mother becomes unavailable. Milk replacers contain a balance of proteins, fats, and carbohydrates – necessary nutrients for baby animals. Today, multi-species milk replacers are available on the market; these products may be used for calves, foals, goat kids, puppies and piglets. However, when employing a multi-species milk replacer, the feeding schedule must be adjusted to meet the needs of the species. It is noteworthy that milk replacers do not provide colostrum. New-born animals that don’t have mothers available at birth require a colostrum supplement within two hours of birth.

Sometimes, pets require a supplement for growth and development. Multi-species milk replacers meet puppies’ nutritional needs when they are unable to get mother’s milk, for example, mother dogs at times are unable or unwilling to nurse their puppies.

 

Leading Firms Seek to Enhance Innovation Capabilities and Invest in the Development of Novel Nutritional Solutions

An important trend in global dairy and beef production is the desire to achieve a deeper understanding of ways to maximise the genetic potential of the animal, and companies seek to study start of life as the crucial period in which significant gains in production may be made. With rapidly growing global population, the demand for dairy and meat is expected to increase significantly. Fulfilling this demand would be a challenge for the agricultural industry. Thus, companies are looking to enhance innovation capabilities and invest in the development of novel nutritional solutions to meet animals’ nutritional needs and also the world’s food requirements. For example, in 2016, Trouw Nutrition opened a new calf and beef research facility in the Netherlands. The new facility would be engaged in advanced studies along with the group's two existing dairy facilities in Boxmeer and Burford, Canada, to facilitate innovation in ruminant nutrition.

 

Global Pet Milk Replacers Market Segmentation

 

Global Pet Milk Replacers Market by Segments

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By pet category, the market is segmented into:

  • Dogs
  • Cats
  • Others

By product, the market is classified into:

  • Medicated
  • Non-Medicated

By form, the market is divided into:

  • Powder
  • Liquid

By region, the market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Global Pet Milk Replacers Market by Region

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Key Industry Players in the Global Pet Milk Replacers Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • CHS Inc.
  • Pet-Ag, Inc.
  • Archer-Daniels-Midland Company
  • Purina Animal Nutrition LLC.
  • Calva Products Inc.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Pet Category
  • Product
  • Form
  • Region
Breakup by Pet Category
  • Dogs
  • Cats
  • Others
Breakup by Product
  • Medicated
  • Non-Medicated
Breakup by Form
  • Powder
  • Liquid
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • CHS Inc.
  • Pet-Ag, Inc.
  • Archer-Daniels-Midland Company
  • Purina Animal Nutrition LLC.
  • Calva Products Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Pet Milk Replacers Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Pet Milk Replacers Historical Market (2018-2023) 
    8.3    Global Pet Milk Replacers Market Forecast (2024-2032)
    8.4    Global Pet Milk Replacers Market by Pet Category
        8.4.1    Dogs
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Cats
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Others
    8.5    Global Pet Milk Replacers Market by Product
        8.5.1    Medicated
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Non-Medicated
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Pet Milk Replacers Market by Form
        8.6.1    Powder
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Liquid
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)    
    8.7    Global Pet Milk Replacers Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Pet Milk Replacers Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Pet Milk Replacers Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Pet Milk Replacers Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Pet Milk Replacers Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Pet Milk Replacers Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    CHS Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Pet-Ag, Inc.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Archer-Daniels-Midland Company
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Purina Animal Nutrition LLC.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Calva Products Inc.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Pet Milk Replacers Market: Key Industry Highlights, 2018 and 2032
2.    Global Pet Milk Replacers Historical Market: Breakup by Pet Category (USD Million), 2018-2023
3.    Global Pet Milk Replacers Market Forecast: Breakup by Pet Category (USD Million), 2024-2032
4.    Global Pet Milk Replacers Historical Market: Breakup by Product (USD Million), 2018-2023
5.    Global Pet Milk Replacers Market Forecast: Breakup by Product (USD Million), 2024-2032
6.    Global Pet Milk Replacers Historical Market: Breakup by Form (USD Million), 2018-2023
7.    Global Pet Milk Replacers Market Forecast: Breakup by Form (USD Million), 2024-2032
8.    Global Pet Milk Replacers Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Pet Milk Replacers Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Pet Milk Replacers Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Pet Milk Replacers Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Pet Milk Replacers Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Pet Milk Replacers Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Pet Milk Replacers Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Pet Milk Replacers Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Pet Milk Replacers Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Pet Milk Replacers Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Pet Milk Replacers Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Pet Milk Replacers Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Pet Milk Replacers Market Structure

Key Questions Answered in the Report

What is the growth rate of the global pet milk replacers market?

The global pet milk replacers market is projected to grow at a CAGR of 7.3% between 2024 and 2032.

What are the major industry drivers?

The major drivers of the market include the large adoption of puppies among the customers, increasing spending power among pet owners, rising number of animal shelters, and growing trend of humanisation of pets.

What are the key industry trends of the global pet milk replacers market?

Rising pet ownership and demand for animal nutrition in the agricultural industry are the key industry trends propelling the market's growth.

What are the major regional markets of pet milk replacers, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the segments based on pet category in the market?

Based on pet category, the market is segmented into dogs and cats, among others.

What are the various products in the market?

The various products of pet milk replacers are medicated and non-medicated.

What are the different forms in the market?

The different forms include powder and liquid.

Who are the key industry players, according to the report?

The major players in the industry are CHS Inc., Pet-Ag, Inc., Archer-Daniels-Midland Company, Purina Animal Nutrition LLC., and Calva Products Inc., among others.

Analyst Review

The global pet milk replacers market was driven by the rising pet ownership in the historical period. Aided by the increasing spending power among pet owners and demand for animal nutrition in the agricultural industry, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 7.3%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on pet category, the market is segmented into dogs and cats, among others. The various products of pet milk replacers are medicated and non-medicated. The different forms include powder and liquid. The major regional markets for pet milk replacers are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are CHS Inc., Pet-Ag, Inc., Archer-Daniels-Midland Company, Purina Animal Nutrition LLC., and Calva Products Inc., among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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