The Animal-Based Pet Protein Market major players are continuously trying to increase their market reach by various methods including new product offerings, mergers and acquisitions, and strategic alliances. For instance, in 2023, Nestle Purina PetCare introduced Beyond Nature, the new line of pet food items that are prepared from real meat and free from artificial ingredients. The product launch is in line with the growing customer preference for healthier and more sustainable pet food items. Similarly, Mars Petcare, Hill's Pet Nutrition, and J.M.
Smucker Inc., which are other major players in the Animal-Based Pet Protein Market, are making large investments in research and development to improve the product offerings. Further, the Animal-Based Pet Protein Market players are also forming strategic alliances and partnerships to stay ahead in the market. For example, Cargill, in 2023, announced the establishment of a new pet food research center at the University of Guelph with an aim to develop innovative and sustainable pet nutrition initiatives.
All these strategic activities and other industry aspects are shaping the Animal-Based Pet Protein Market environment along with providing growth opportunities.Mars Petcare is one of the prominent Animal-Based Pet Protein Market players with a strong presence. The company is engaged in offering a variety of pet food items, including dry food, wet food, treats, and supplements. Mars Petcare has brands including Pedigree, Whiskas, Royal Canin, and Iams. The company has a strong orientation towards innovation and sustainability. For example, Mars Petcare 2023 introduced Everlasto, the new line of dog food items from its brand Pedigree.
The food product is made from real meat and does not have any artificial ingredients. Further, the company has formed a partnership with the World Wildlife Fund to extend support for sustainable sourcing of pet food. Nestle Purina PetCare is a significant competitor in the Animal-Based Pet Protein Market with a wide range of pet food offerings. The company has brands such as Purina Pro Plan, Purina One, Fancy Feast, and Friskies, apart from Beyond Nature. Further, Nestle Purina PetCare is one of the prominent players that is making large investments in research and development.
For instance, in 2023, the company introduced a new line of cat food products, Pro Plan LiveClear, which is specifically designed to reduce allergens in cats. The company also has formed a partnership with the University of California, Davis, for studying the affective of pet nutrition on animal health.