Dublin, Aug. 17, 2020 (GLOBE NEWSWIRE) -- The "Organic and Natural Pet Food Market: Global Industry Trends, Share, Size, Growth, Opportunity … 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 industry expenditure in the United States was forecast to reach approximately 99 billion U.S. dollars in 2020. 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. … An eye opener, on a subject rarely exposed. Commercial dog food comes in the dry form or a wet canned form. At the PFMA we focus on providing pet owners and professionals with information on wet, dry and raw prepared pet food and good nutrition. The pet industry has been experiencing explosive growth. The PFMA is the leading trade body for the UK pet food industry and our 87 members account for over 90% of the market. There are over 1,559 pet food industry … 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 . 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 … Stable growth 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. The Pet Food Industry. Read more. The US pet food market is expected to reach more than $30bn in 2022. 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 Pet Food Industry Association of Australia was established in September 1972. See salaries, compare reviews, easily apply, and get hired. 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 Dry dog pet food contains 6–10% moisture by volume, as compared to 60–90% in canned food. The global pet food industry is segmented based on pet type, food type, sales channel, and geography. Small mammals and exotic pets, especially lizards, used to be top-of-mind pet choices in Hong Kong. Other Pet Food in Hong Kong, China. U.S. consumer expenditure has gradually increased year-on … Leftovers from the human industry may also be used in the product through a process called rendering. 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. Pet Food Industry Pet food manufacturers. There was a steep increase in demand over the recent years as the number of pets has grown to 312.1 million . Membership of the PFI is not compulsory for all pet food suppliers within South Africa. The gourmet pet food industry is highly influenced by the trends and preferences in the human food market. 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. Based on the type of pet, the market is segmented into dogs, cats, and other pets. 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. Pet Food Market Growth & Trends. 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. Find industry analysis, statistics, trends, data and forecasts on Pet Food Production in the US from IBISWorld. In the big picture, the US pet food and treat industry continued to grow in 2019. The global ped food industry is booming, while the top 10 largest pet food manufacturers in the world are dominating the market. 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. This is projected to drive … The shift towards healthier food products and availability of customizations is on a rising trend among the gourmet pet food industry. Get up to speed on any industry with comprehensive intelligence that is easy to read. According to industry trends and projections, the pet business will continue to boom unabated in the future. 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. FEDIAF welcomes new … The pet food industry is one of those industries, which has been performing well, despite the economic downturn. 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. 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 … Merrick Pet Care was one of the industry's fastest growing natural and organic specialty pet food producers. The pet industry is not only attractive for retailers but also for service businesses. While the forecast is healthy across the board, certain segments in the pet industry are seeing a significant amount of growth. 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 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. 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. 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. Dog ownership is the leading reason why the pet food industry is booming. 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. 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 global pet food industry is expanding rapidly on account of the rising empathy towards pets which is leading to their increased adoption. Both General Mills with the acquisition of Blue Buffalo and J.M. New pet food industry careers are added daily on SimplyHired.com. Regional Outlook: North-America leads the global market for gourmet pet food. That growth has garnered the attention of investors and some large human food manufacturing companies. The difference between the two types is the moisture content. 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. PET FOOD INDUSTRY . Although most are free-range dogs, dog pets are still a favorite among pet owners in the world. According to The American Pet Products Association, almost 85 million households have a pet and over the last 30 years pet … Since 1958, PFI has been the voice of the makers of U.S. cat and dog food. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. Latest news. Dry dog pet food is the most significant and fastest-growing segment, mainly due to the convenience of storage and low price. 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. The low-stress way to find your next pet food industry job opportunity is on SimplyHired. 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