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 â‚¬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.
While cat trends continue, the pandemic has added to overall slow-growth treatment of the cat food market.
Premiumization and humanization, as well as automation, fueled continued operation growth in spite of the COVID-19 pandemic.