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. Both General Mills with the acquisition of Blue Buffalo and J.M. The shift towards healthier food products and availability of customizations is on a rising trend among the gourmet pet food industry. Leftovers from the human industry may also be used in the product through a process called rendering. Get up to speed on any industry with comprehensive intelligence that is easy to read. Dublin, Aug. 17, 2020 (GLOBE NEWSWIRE) -- The "Organic and Natural Pet Food Market: Global Industry Trends, Share, Size, Growth, Opportunity … 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. The pet industry has been experiencing explosive growth. The Pet Food Industry. The global pet food industry is expanding rapidly on account of the rising empathy towards pets which is leading to their increased adoption. There are over 1,559 pet food industry … The pet food industry is one of those industries, which has been performing well, despite the economic downturn. 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. The global ped food industry is booming, while the top 10 largest pet food manufacturers in the world are dominating the market. The US pet food market is expected to reach more than $30bn in 2022. 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 global pet food industry is segmented based on pet type, food type, sales channel, and geography. 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 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 Based on the type of pet, the market is segmented into dogs, cats, and other pets. 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 FOOD INDUSTRY . Small mammals and exotic pets, especially lizards, used to be top-of-mind pet choices in Hong Kong. While the forecast is healthy across the board, certain segments in the pet industry are seeing a significant amount of growth. The gourmet pet food industry is highly influenced by the trends and preferences in the human food market. There was a steep increase in demand over the recent years as the number of pets has grown to 312.1 million . 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. And this is the prime factor driving the growth of the bags in the pet food packaging industry. 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 … 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. 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. … According to The American Pet Products Association, almost 85 million households have a pet and over the last 30 years pet … Although most are free-range dogs, dog pets are still a favorite among pet owners in the world. 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.
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