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Dry petfood production report available from IBISWorld

Industry in US fared well compared to others in the recession because people do not sacrifice petfood purchases, report says

The US dry petfood production industry declined at an annualized rate of just 1.9 percent to US$9.8 billion over the five years to 2012, according to a new report from IBISWorld.

The "Dry Pet Food Production in the US: Market Research Report" says that while consumers refrain from purchasing pets during times of economic hardship, pet owners typically do not sacrifice purchases of petfood during these times. As a result, the dry petfood production industry exhibits a delayed cyclical trend, with revenue declining a couple of years after consumers stop purchasing pets, according to IBISWorld industry analyst Justin Waterman. Revenue fell heavily in 2010 and 2011, due to fewer animals to feed. But, with an all-time high 173 million dogs and cats in the US in 2012, revenue growth is forecast to fall 2.2 percent in 2012, then rise from 2013 through 2017.

The industry has experienced an increasing level of concentration over the past five years, resulting from expansion through acquisitions, which are expected to continue. The major companies include Nestle SA, Mars Inc. and Colgate-Palmolive Company. However, there will remain room for niche players like organic dry petfood producers, the report says. The full report can be purchased online.

AAFCO news, part 2

Committees discussed key proposals such as a possible shift in the oversight of animal feeds

FDA discusses petfood labeling and safety

Public meetings invited comments and provided updates

FDA, AAFCO sign feed ingredient agreement

It gives more direct control to CVM in establishing and maintaining ingredient definitions

Research behind the innovations: Polymer science and extrusion

Explore the science behind extrusion technologies in the article, "Applying polymer science to extrusion and drying of petfoods"

Extrusion extravaganza 2010

Extrusion extravaganza 2010 Get even more online in our database of the latest equipment in all things extrusion, drying and cooling. Check out www.petfoodindustry.com/products.aspx and click "Equipment" or visit www.petfoodindustry.com/ExtrusionExtras.aspx for additional information on th

Dry petfood production report available from IBISWorld

Industry in US fared well compared to others in the recession because people do not sacrifice petfood purchases, report says

pet food industry

dry pet food

AAFCO news, part 2

FDA discusses petfood labeling and safety

FDA, AAFCO sign feed ingredient agreement

Research behind the innovations: Polymer science and extrusion

Extrusion extravaganza 2010

Production update: What's new in dry food processing

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