PET Food Processing - June 2018 - 73

SIT, STAY, READ

POUND FOR POUND
46%
Since 2011 the average price per
pound of pet food and treats is up

Pet Food

Pet Treats

2011: $1.63
2017: $2.21

2011: $6.91
2017: $10.93

GfK Market Research Company

U.S. PACK EXPLODING
630 different pet food and treat selling brands, up 71% from 2011
22,000 different pet food and treat selling SKUs, up 88% from 2011
GfK Market Research Company

A TREAT TO THE ECONOMY
Pet food manufacturing contributes $126 billion to U.S. economy
The Institute for Feed Education and Research
(IFEEDER) commissioned a year-long research
project to quantify the U.S. animal feed and pet
food manufacturing industry's contribution to
the national economy. This first-ever economic
analysis focused on 2016. The study found that a
total of 517 U.S. pet food manufacturing facilities
contributed the following to the national economy:

Five states that consistently rank at
the top of all reported economic
measures for the pet food manufacturing
industry include: Missouri, Pennsylvania,
Kansas, Iowa and California. The pet food
manufacturers in these top states contribute the
following total to the economy:

398,000 + jobs
$126 billion total sales
165,000 + jobs
$9 billion in local, state and national taxes $53 billion in total sales
in taxes at the local, state and
$4 billion
national level
Find more from AFIA in this issue: "Ingredient approval"

THE BOWL

"We hope that this
report will illuminate the
significant contributions
our industry is having
on the economy."

Alltech Global Feed Survey 2018

Joel G. Newman, IFEEDER's president and the
American Feed Industry Association's (AFIA)
president and CEO

North America is responsible for 31%
of pet food production globally.

www.petfoodprocessing.net | June 2018 | PET FOOD PROCESSING

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Table of Contents for the Digital Edition of PET Food Processing - June 2018

http://digital.petfoodprocessing.net/sosland/pfp/2019_06_01
http://digital.petfoodprocessing.net/sosland/pfp/2019_03_01
http://digital.petfoodprocessing.net/sosland/pfp/2018_12_01
http://digital.petfoodprocessing.net/sosland/pfp/2018_09_01
http://digital.petfoodprocessing.net/sosland/pfp/2018_06_01
http://digital.petfoodprocessing.net/sosland/pfp/2018_03_01
http://www.nxtbookMEDIA.com