The European Pet Food Industry Federation, FEDIAF, reported updated statistics that show pet animals make a significant contribution to the economy and to society.

Throughout Europe, approximately 550,000 direct and indirect jobs, such as veterinarians, breeders or connected supply industries, are created as a result of pet ownership. The petfood industry and related supply and services represent a combined annual turnover of about €24 billion (US$32.8 billion). The petfood industry serves an estimated 70 million pet-owning households, with annual petfood production of over 8 million tons, according to FEDIAF.