(Australia-NewsWire.Com, April 28, 2017 ) Middle-East and Africa Pet Food Nutraceuticals Market research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 3.48 % to reach USD 0.41 billion by 2021, from USD 0.35 billion in 2016.
The health conscious user perceives nutrition enabled foods as a substitute to healthcare expenses, thus driving growth of the Pet food nutraceutical market.
The pet food nutraceuticals market is characterized as functional, dietary supplements or medicinal food products that supply a source of a standard vital nutrient, like vitamin A or calcium. They are meant to function as guarantee and supplements the nutritional wholeness of pet diet.
Key factors which affects and thereby shift market dynamics are studied intrinsically and are presented in illustrious way in report. Some of such factors are increasing number of people adopting pets user attitudinal transformation towards pets with curiosity on their nutrition and health rapid urbanization. different regulatory bodies lack of raw materials Another lack of recognition of pet food in under-developed countries due to low incomes.
For granular level understanding the Pet Food Nutraceuticals Market is segmented based on type and application, each being provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Ingredient Type Omega 3 fatty acids Proteins and Peptides Milk Bio actives Probiotics Dietary Fibre Others
Based on Function type Nutrition/Therapeutic Supplements
Based on Pet Type Cats Fish Dogs Bird Others
Based on Application Type Weight Management Immune system Food Allergies Pain Relief Digestive health Skin and Coat Eye care others The Middle-East and Africa market is also analyzed individually in both the regions, thereby providing a more detailed geographical understanding of the market. Some of the major countries that hold significant place in this market include Nigeria, KSA, Egypt, UAE and Algeria.
Some of the key players that operate in the Middle-East and Africa Pet Food Nutraceuticals Market include Nutraceutical International LLC, Diana group, Chr. Hansen A/S, BASF SE, Kemin Industries Inc., and Royal DSM N.V.
The Middle-East and Africa Pet Food Nutraceuticals Market report offers wide-range of scope: Regional level analysis that provides an individual perspective of Middle-East and Africa region individually and on a whole Know more about key areas of industry growth via detailed Segment-level analysis on basis of Ingredient type, function type, PET type, application along with market size forecasts and y-o-y estimations Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics Strategic Analyses containing PESTLE and Porters Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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