The global ped food industry is booming, while the top 10 largest pet food manufacturers in the world are dominating the market. Pet Food Market Growth & Trends. While the forecast is healthy across the board, certain segments in the pet industry are seeing a significant amount of growth. Historically, the excessive reduction has increased seal failures. There are over 1,559 pet food industry … An in-depth look at the commercial pet food industry, the total lack of oversight, and what nutritional requirements cat and dogs actually have, compared to what they are being served. Welcome to The Pet Food Industry Association of Southern Africa (PFI) – an industry body dedicated to upholding quality standards and safety in pet nutrition through regular, regulation testing. The Middle-East and Africa pet food industry is highly concentrated with ten major players together accounting for more than 50% of the market share and remaining market share distributed among a large number of small manufacturers. The pet food industry is one of those industries, which has been performing well, despite the economic downturn. The global pet food industry is expanding rapidly on account of the rising empathy towards pets which is leading to their increased adoption. Apart from novelty, they managed to strike a balance between children’s desire for pet ownership and parents’ concerns over lack of space and budget. Over the recent decades, increasing urbanization has resulted in the growth of nuclear families or single person households where there is an increasing need for companionship in the form of pets. The European pet food industry provides a range of carefully prepared products to help ensure long, healthy and active lives of million pets in Europe, which are cared for in around 62 million pet keeping households. At the PFMA we focus on providing pet owners and professionals with information on wet, dry and raw prepared pet food and good nutrition. Dublin, Aug. 17, 2020 (GLOBE NEWSWIRE) -- The "Organic and Natural Pet Food Market: Global Industry Trends, Share, Size, Growth, Opportunity … An eye opener, on a subject rarely exposed. May 2020. New pet food industry careers are added daily on SimplyHired.com. 1,559 pet food industry jobs available. One factor driving demand for processing equipment as well as production improvements in the pet food and treat industry is the Food and Drug Administration’s Food Safety Modernization Act Preventative Controls for Animal Food rule. Driven by an active and dedicated membership, PFI is the industry's public and media relations resource, representative before state and federal agencies, organizer of seminars and educational programs, sponsor of and clearinghouse for research, and liaison with other organizations. The Food and Drug Administration (FDA) regulates that can of cat food, bag of dog food, or box of dog treats or snacks in your pantry. Based on the type of pet, the market is segmented into dogs, cats, and other pets. The pet industry is not only attractive for retailers but also for service businesses. Although most are free-range dogs, dog pets are still a favorite among pet owners in the world. The pet industry has been experiencing explosive growth. The global pet food industry is segmented based on pet type, food type, sales channel, and geography. The global pet food market was worth $94bn in 2017, with compound annual growth rate (CAGR) of 5% from 2010 to 2017, compared with retail sales in the packaged food market for people, which … The PFMA is the leading trade body for the UK pet food industry and our 87 members account for over 90% of the market. The future of the pet food industry looks very promising, according to a research report on pet food market predicts that the industry would register a CAGR of 4.1per cent in the period of 2016-2022. The difference between the two types is the moisture content. Leftovers from the human industry may also be used in the product through a process called rendering. U.S. consumer expenditure has gradually increased year-on … That growth has garnered the attention of investors and some large human food manufacturing companies. With almost over 900 million dogs in the world, the dog food industry takes the reins as the one driving of the pet food industry. PET FOOD INDUSTRY . The gourmet pet food industry is highly influenced by the trends and preferences in the human food market. The Pet Food Industry Association of Australia was established in September 1972. Champion Surprises Long-Time Rescue Partners with Pet Food Donation Dec 17, 2020 The company is supporting 28 of its long-time rescue partners in Canada and the U.S. ahead of the holidays. There was a steep increase in demand over the recent years as the number of pets has grown to 312.1 million . Dry dog pet food contains 6–10% moisture by volume, as compared to 60–90% in canned food. See salaries, compare reviews, easily apply, and get hired. Since 1958, PFI has been the voice of the makers of U.S. cat and dog food. Merrick Pet Care was one of the industry's fastest growing natural and organic specialty pet food producers. The shift towards healthier food products and availability of customizations is on a rising trend among the gourmet pet food industry. And this is the prime factor driving the growth of the bags in the pet food packaging industry. Dry dog pet food is the most significant and fastest-growing segment, mainly due to the convenience of storage and low price. Along with the rise in the pet population, the global pet food industry has also been expanding, owing to the increasing expenditure of pet owners on a variety of pet food products. The mission of the Association is to promote standards of excellence in the development of the pet food industry through: consideration of the needs of pets and the community; active promotion of the benefits of responsible pet ownership; and Both General Mills with the acquisition of Blue Buffalo and J.M. This is projected to drive … … Pet owners globally spent a total of $92 billion on pet care in 2012; almost three quarters ($67b) was on dog and cat food; petfood is a large category globally Source: Euromonitor; Coriolis analysis & … The US pet food market is expected to reach more than $30bn in 2022. According to industry trends and projections, the pet business will continue to boom unabated in the future. The low-stress way to find your next pet food industry job opportunity is on SimplyHired. Other Pet Food in Hong Kong, China. In its 2020 State of the Industry report, Pet Food Processing looks back at the industry’s progress and ahead at its promising future. For instance, according to the APPA, the total US pet industry expenditure increased from USD 48.35 billion in 2010 and stood at USD 72.56 billion in 2018. Pet industry expenditure in the United States was forecast to reach approximately 99 billion U.S. dollars in 2020. Small mammals and exotic pets, especially lizards, used to be top-of-mind pet choices in Hong Kong. Dog ownership is the leading reason why the pet food industry is booming. Find industry analysis, statistics, trends, data and forecasts on Pet Food Production in the US from IBISWorld. Commercial dog food comes in the dry form or a wet canned form. The pet food industry, which is projected to grow to a gargantuan $200b value globally by 2025, is undergoing massive change as the brands shift and adapt to many of the same ecommerce trends that are rocking the traditional CPG industry.. From emerging direct-to-consumer brands that challenge big pet retailers to a boom in delivery demand accelerated by COVID-19, the pet food industry … scansteel foodtech A/S is among the leading companies globally in designing, engineering, manufacturing, installing, and servicing single machines and equipment as well as complete preparation processing lines for the global wet and dry pet food industries. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. Latest news. FEDIAF welcomes new … Pet Food Industry Pet food manufacturers. Pet food is defined as any commercial feed that is prepared and distributed for consumption by pets.It is usually specific to the type of animals such as dog food, cat food, etc. Regional Outlook: North-America leads the global market for gourmet pet food. Get up to speed on any industry with comprehensive intelligence that is easy to read. Read more. Pet food manufacturers are committed to providing pet parents with pet food options that go beyond what is typically represented on the grocery aisle, through innovative formulation, processing, and ingredient technologies. The Pet Food Industry. Stable growth Membership of the PFI is not compulsory for all pet food suppliers within South Africa. In the big picture, the US pet food and treat industry continued to grow in 2019. According to The American Pet Products Association, almost 85 million households have a pet and over the last 30 years pet … But the pet food industry has used this year to prove its ability to adapt and grow when faced with shifting demands, supply chain disruptions, and the loss of marketing opportunities. Premiumized and natural pet food is becoming increasingly popular as they are mainly formulated by using high quality and natural ingredients and are also free from preservative ingredients. The global pet food market size is expected to reach USD 113.08 billion by 2025, as per a new report by Grand View Research Inc. Packaged pet food provides standard nutritional value required in pet’s daily life. 19 Pet Food Industry Controversies (and why it should matter to all of us) The total estimated value of the animal feed industry in 2016 was a staggering $460 billion in annual revenue . Has increased seal failures account of the industry 's fastest growing pet food industry organic. 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