The US petfood manufacturing industry is comprised of nearly 200 companies with a combined annual global revenue of about US$47 billion, according to the Pet Food Manufacturing report from Research and Markets.
Eight of the largest petfood companies account for about 85 percent of sales, the report says. Major companies include Nestlé Purina PetCare Company; Procter & Gamble's Iams; Colgate-Palmolive's Science Diet and Prescription Diet brands; Mars' Pedigree and Whiskas brands; and Del Monte's 9Lives, Gravy Train, Milk-Bone and Meow Mix brands. These large companies have advantages of scale in manufacturing, marketing and distribution, while small companies can compete effectively by offering specialized products or serving a local market, the report says.
The report also identifies dry and canned dog and cat food as the industry's major products. Dry dog food accounts for about 45 percent of industry revenue and canned cat food accounts for about 25 percent of the market.
The full report can be purchased online.
The company builds on its boutique business with three new lines for pet stores, including baked dog food and treats
Why these companies lead the global petfood industry in
sales, growth and innovation
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Committees discussed key proposals such as a possible shift in the oversight of animal feeds
Public meetings invited comments and provided updates
The mid-year meeting addressed several regulatory matters affecting petfoods
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