Europe Pet Food Nutraceuticals Market - Growth, Trends & Forecasts (2015-2020) - Research and Markets

Research and Markets (http://www.researchandmarkets.com/research/dhxfkw/europe_pet_food) has announced the addition of the "Europe Pet Food Nutraceuticals Market - Growth, Trends and Forecasts (2015-2020)" report to their offering.

The total Europe Pet Nutraceuticals market is valued at over $1413.5 million in 2015 and is projected to grow significantly between the years 2015 and 2020.

The pet nutraceuticals market is defined as dietary supplements, functional foods or medicinal food products that provide a source of a recognized essential nutrient, like calcium or vitamin A. They are intended to work as supplements and ensure the nutritional completeness of the pet diet.

European market, despite being a trend driven one, is characterized by a high degree of sophistication, consumer awareness and ingredient consciousness. The trends of pet 'humanization' and 'premiumization' are very prevalent and popular among the Europeans. Apart from the comfort and aesthetic pleasure of owning pets, pets are being seen as human companions and are cared for in a similar manner.

Pet health care becomes an important part in this regard, with a marked shift towards more premium and healthy foods. According to one source, the veterinary services rose by nearly 10% in the recent years showing the importance placed on professional care for pets. The growing incidence of pet obesity is causing most consumers to be conscious of their pet food choices. The increasing allergic reactions to certain foods are another important constraint to the market, the increasing sales of food allergen based foods is an indication of the importance of this market.

Companies Mentioned:

• Archer Daniels Midland
• The Scoular Company
• Omega Protein
• Novotech Neutraceutical
• Kemin
• BASF
• DSM
• Dupont
• Pet Food Manufacturers
• Nestle (Purina Pet Care)
• Merial
• Total Alimentos
• Mars Inc
• Vit2Be-Diana Group
• Roquett

Key Topics Covered:

1. Introduction

2. Research Approach & Methodology

3. Market Overview

4. Market Segmentation

5. Competitive Landscape

6. Company Profiles

For more information visit http://www.researchandmarkets.com/research/dhxfkw/europe_pet_food

View source version on businesswire.com: http://www.businesswire.com/news/home/20160212005810/en/