According to the recent research report titled ‘Global Grape Seed Extract in Pet Food Application Market Size study, by Nature (Organic, Conventional) by Animal Type (Cat, Dog, Birds, Horse, Rabbits) by Product type (Wet Food, Dry Food, Treats and Chews, Frozen) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global grape seed extract in pet food application market size is projected grow considerably over 2021-2027.
 

As per the report findings, global grape seed extract in pet food application market growth can be ascribed to surging demand for pet food and increasing health problems in pets. In fact, according to the petfoodindustry website, pet food output increased from 27.09 MMT (Metric Million Tons) in 2019 to 29.33 MMT (Metric Million Tons) in 2020.
 

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For the unversed, grape seed extract is an antioxidant that is commonly used in pet food to help strengthen the immune system and improve cognitive performance. As a result, pet food manufacturers are reacting to consumer demand by developing various grape seed extract-based products.
 

Rising consumer awareness of grapes' health benefits and rising disposable income are further expected to boost market growth throughout the forecast period.
 

Despite the upward growth trajectory of worldwide grape seed extract in pet food application industry, increasing number of pet food substitutes and growing rivalry among leading companies are likely to have a negative impact on the domain.
 

Based on nature, the market is split into conventional and organic. As per animal type, the industry segmentation is comprised of rabbits, horse, birds, dog, and cat. With respect to product type, the industry is bifurcated into frozen, treats and chews, dry food, and wet food.
 

Elaborating on the regional analysis, Europe, North America, Asia Pacific, and Latin America are the key areas considered for the geographical study of the market. North America presently accounts for significant market share owing to large production of grapes in the region.
 

On the other hand, Asia Pacific industry is expected to amass noteworthy returns by the year 2027, creditable to technological advancements and growing adoption of pets.
 

Coming to competitive terrain, Dave's Pet Food, Fromm Family Foods LLC, Nutro Products Inc., Affinity Petcare SA, Betagro Public Company Ltd., Mars Incorporated, Louis Dreyfus Company B.V., JM Smucker Company, Purina, and Burgess Group plc are the top firms profiled in global grape seed extract in pet food application market report.