Pet Food Value Chain
The global pet food market is driven by factors such as rising trend of nuclear families rapid humanization of pets and increased awareness about pet health.
Pet food value chain. Growth in pet adoption a rise in the pet population and the. Global pet food extrusion market size north america is projected to dominate the extruded pet food products as well as pet food extrusion equipment markets during the review period this region comprises developing economies such as the us and canada which occupy a significant share of the global extruded pet food products market. However this goal is getting harder to achieve every year due to. With 95 6 million cats and 83 3 million dogs owned in the united states it is no wonder that there is such a large market for the food that the self proclaimed pet parents feed them.
The global pet food market generated revenue of 68 109 million in 2014 and is expected to garner 92 747 million by 2022 registering a cagr of 4 1 from 2016 to 2022. A sustainable food value chain is a food value chain that. The goal of the global agribusiness value chain which spans input companies through to the final consumer1 and has a total value of around us 5 trillion is to provide sustainable access to affordable food feed fibre and more recently fuel. Pet food market forecast in.
Value chain analysis figure 21. Mehr als 850 000 menschen in über 110 000 betrieben arbeiten in nordrhein westfalen entlang der wertschöpfungskette ernährung. Pet food market forecast in billion us 2020 2025 figure 24. In 2019 north america is the largest geographical segment of the market studied and accounted for a share of around 39 2 of the overall market.
Pet food market in billion us 2014 2019 figure 25. The general diet of a dog should comprise a combination of carbohydrates minerals proteins fats vitamins and water. A food value chain fvc consists of all the stakeholders who participate in the coordinated production and value adding activities that are needed to make food products. Is profitable throughout all of its stages economic sustainability.
The pet food industry is a market that boasts 21 57 billion dollars in sales in the united states 2013. Porter s five forces analysis figure 22. Pet food market in billion us 2014 2019 figure 23. The global pet food market henceforth referred to as the market studied was valued at usd 87 08 billion in 2018 and it is expected to register a cagr of 5 4 during the forecast period.
The whole value chain must convey knowledge and transparency as pet food producers and pet food brands we are dependent on other links in the value chain to convey the knowledge and transparency. Dogs currently represent one of the most preferred pets across the globe.