Global pet milk replacement products market is estimated to be valued at US$ 113.2 Million in 2021, according to the Global Pet Milk Replacement Products Market Report, by Pet Type (Puppies, Kittens); by Form (Dry, Liquid); by Distribution Channel (Pet Retail, Mass, Farm Online, Veterinary, Pet Distribution) and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa), published by Coherent Market Insights.
Global pet milk replacement products market was valued at US$ 113.2 Million in 2021. pet milk replacement products market is expected to register a CAGR of 5.9% over the forecast period (2022–2030) to reach US$ 189.5 Mn by 2030. Milk of the mother dog or cat provides necessary nutrients such as proteins and vitamins for growth of their puppies and kittens. However, increasing incidence of disease in mother dogs or cats that leads to drying of milk glands during labor or during illness or death of mother dog or cat. This, in turn, prevents them from producing and delivering the required quantity of milk for their puppies or kittens. Moreover, if the mother dog or cat gives birth to a greater number of offspring at a time, the dog or cat cannot produce enough milk for its puppies and kittens. Puppies and kittens may develop certain deficiencies or might die due to unavailability of required quantity of milk. These factors are expected to increase demand for pet milk replacement products for orphaned, rejected or nursing puppies and kittens.
Milk replacement products are considered as a healthy feeding product for growth of puppies and kittens. However, these products are associated with certain issues such as milk replacement products do not completely fulfill nutritional requirements of puppies and kittens compared to original dog or cat milk.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/pet-milk-replacement-products-market-3335
Browse 50 market data tables* and 40 figures* on "Global Pet Milk Replacement Products Market” - Forecast to 2030.
Key Trends and Analysis of the Global Pet Milk Replacement Products Market:
- Pet milk replacers for puppies & kittens are usually made from skimmed milk powder that is rich in proteins. However, manufacturers adopt techniques such as drying the powder at high temperatures, which damage protein molecules. Therefore, Beaphar Group, a company engaged in pet healthcare products uses low temperature drying process for their product, ‘Lactol Puppy Milk’ which retains protein structure.
- Numerous key players in market are focused on offering milk replacers with addition of certain supplements such as prebiotics & probiotics for extra nourishment of puppies. Companies such as PetAg offer puppy milk replacer powders for orphaned or rejected puppies. The product contains prebiotic & probiotic nutritional supplements for proper development and growth of new born puppies. Moreover, Nature’s Farmacy, a U.S.-based pet health products company, offers Dogzymes Puppy-Bac milk replacer for puppies born through C-section and orphaned puppies. The product contains probiotics, vitamins, minerals, and added fat, which helps in digestion and proper nourishment of puppies.
Key Takeaways of the Global Pet Milk Replacement Products Market:
- Asia Pacific is expected to be the fastest growing region in the global pet milk replacement products market over the forecast period. Rising adoption of cats and dogs in the region is expected to drive market growth. Key players operating in the global pet milk replacement products market are focused on mergers & acquisitions, in order to strengthen their position in market. For instance, in May 2018, Manna Pro Products LLC acquired VetScience, LLC and its brand Fruitables, which is used in dog treats and food supplements. This acquisition helped Manna Pro Products LLC, to strengthen its position in the milk replacement products market..
- New product launches, merger & acquisitions, strategic partnership expansion, and research & development activities are key strategies adopted by players in the global pet milk replacement products market
