Pet Food Manufacturing Industry Profile

View Full Sample Add To Cart

Excerpt from Pet Food Manufacturing Industry Profile

Companies in this industry manufacture food for dogs and cats, using grains, oilseed products, and meat products. Major companies include divisions of Colgate-Palmolive (Hill's Pet Nutrition); General Mills (Blue Buffalo Pet Products); JM Smucker (Big Heart Pet Brands); Mars (Iams, Pedigree, and Royal Canin), and Nestlé Purina PetCare all based in the US; along with Affinity Petcare (Spain), Heristo (Germany), and Unicharm (Japan).

Global pet food industry revenue, which is at about $100 billion in 2021, is expected to reach about $140 billion by 2028, according to Feed & Additive Magazine. The US dominated the pet food market in terms of revenue, according to Statista.

The US pet food manufacturing industry includes more than 400 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $23 billion.

COMPETITIVE LANDSCAPE

Pet ownership drives demand. The profitability of individual companies depends heavily on effective marketing. Large companies have advantages of scale in manufacturing, marketing, and distribution. Small companies can compete effectively by offering specialized products or by serving a local market. The US pet food manufacturing industry is highly concentrated: the eight largest companies account for about 75% of sales.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products include dry and semi moist dog food, which accounts for about 60% of industry revenue, followed by dry and semi moist cat food at more than 20% of industry revenue. Other products include canned dog food, canned cat food, and ...

 
View Full Sample Add To Cart Return to the Industry Profile Menu

Related Profiles

Here are a few profiles related to Pet Food Manufacturing that you also might be interested in viewing:

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options