Functional Treats and Supplements Cater to Growing Consumer Demand

CHICAGO-ADM (NYSE: ADM), a global leader in innovative solutions from nature, today announced the European launch of seven turnkey pet product formulas for a market that increasingly prioritizes the holistic health of pets. Offered in soft chews and supplement powder sachet formats, these functional formulas feature highly sought-after wellness claims that are science-backed and compliant with European regulations, providing consumers with trusted options to support their pets' wellness journey.

According to recent ADM Outside Voice℠ consumer research, 85% of global pet parents agreed that proper nutrition and supplements are as important for their pets as they are for themselves1. This proactive approach to pet care presents enormous opportunity for brands, as the pet health and supplement category in the UK is estimated to grow by a CAGR of 8.6% through 20262. Notably, functional treats for dogs and cats in the UK market each have a forecasted CAGR of over 12% through 20262, and pet supplements are also predicted to show steady growth in the same period2.

"As individuals prioritize healthy lifestyles, there's a growing trend among pet owners to extend this same care to their beloved companion animals," said Jorge Martínez, President of Pet Nutrition, ADM. "Our research finds that over half of European pet parents would be willing to pay more for treats with benefits than for treats that don't have a supplementary ingredient."

Active ingredients that are popular among humans can also be effective for their pets, and microbiome solutions are increasingly in demand as more consumers make the connection between gut health and other aspects of well-being. Prebiotics, probiotics and postbiotics may support a healthy gastrointestinal environment, as well as the skin and oral microbiomes.

Mark Lotsch, ADM's President of Global Health & Wellness, said, "New product innovation harnesses the power of biotics to support pet health from within. It's wise for pet brands to formulate with microbial strains that have been clinically studied and AAFCO-approved as safe for dogs and cats. ADM's microbiome solutions are backed by rigorous scientific evidence, fostering trust in our products with manufacturers, pet owners, veterinarians and specialized retailers."

Functional treats are widely used to deliver a guilt-free reward with the added advantage of wellness benefits, and pet supplements provide wellness support without extra calories. Unlike many others in the industry, ADM produces soft chews using cold extrusion, which maintains the texture, flavor and benefits of active ingredients like probiotics throughout shelf life. Leveraging ADM's large portfolio of ingredients, formulation expertise, end-to-end support and ongoing clinical research, its new soft chew and supplement solutions follow seven functional formulas to support different areas of pet well-being.

Calming: Supports balanced behaviour with a blend of postbiotics, L-tryptophan, Vitamin B, magnesium and chamomile.
Dental: Supports oral health with a proprietary postbiotic strain as well as inactivated yeast, botanicals, vitamin C and calcium.
Digestion: Supports gut health through botanicals, biotic solutions and inactivated yeast.
Longevity: Supports well-being of aging dogs through pre-, pro- and postbiotics, inactivated yeast, botanicals and vitamin E.
Mobility: Supports joint health with chondroitin, MSM, glucosamine, curcumin, vitamin E and postbiotics.
Skin: Supports healthy skin and coat using pre- and postbiotics, vitamin E, omega-3s and hyaluronic acid.
Wellness: Supports daily well-being using a mix of biotic solutions, botanicals, vitamins, minerals and yeast products.

Many pet parents show a willingness to spend money on preventative care as an investment in their pet's health. Pet brands can develop innovative solutions that cater to this demand by offering functional soft chews and supplements to support pet health with scientifically backed benefits. Retail brands that quickly deliver on evolving pet owner expectations will be able to take advantage of an emerging product category with extensive development potential.

ADM's range of turnkey solutions for pet wellness are now available in the EU and the UK. To learn more about the research and opportunities for functional pet products, download the new report here or contact petnutrition@adm.com.

References
1ADM Outside Voice℠
2Euromonitor Consulting

About ADM
ADM unlocks the power of nature to enrich the quality of life. We're an essential global agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. We're a premier human and animal nutrition provider, offering one of the industry's broadest portfolios of ingredients and solutions from nature. We're a trailblazer in health and well-being, with an industry-leading range of products for consumers looking for new ways to live healthier lives. We're a cutting-edge innovator, guiding the way to a future of new consumer and industrial solutions. And we're a leader in sustainability, scaling across entire value chains to help decarbonize the multiple industries we serve. Around the globe, our innovation and expertise are meeting critical needs while nourishing quality of life and supporting a healthier planet. Learn more at www.adm.com.

ADM Media Relations
Jackie Anderson
media@adm.com
312-634-8484

Source: ADM

Attachments

  • Original Link
  • Permalink

Disclaimer

ADM - Archer Daniels Midland Company published this content on 05 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 June 2024 16:01:06 UTC.