Six experts from Europe and the United States will discuss the current state of the global pet industry on Nov. 13 as part of the China International Pet Show.
Market research firm Packaged Facts breaks down global pet food sales, with the United States leading the charge with an estimated $59 billion by the end of 2020.
A joint report by AFIA’s Institute for Feed Education and Research, Pet Food Institute and the North American Renderers Association shows pet food production boosts the economy and reduces agriculture’s environmental footprint.
The market research firm has highlighted opportunities for cat product proliferation, ingredient and sourcing claims, private label brand growth and other opportune areas for the industry to grow.
More and more human brands, including those that represent celebrities, are entering the pet market to capitalize on industry trends toward humanization and premiumization.
In the wake of COVID-19, processors have implemented new and improved existing sanitation and safety procedures to battle the spread of the virus while maintaining operations.