PET Food Processing - October 2019 - 10

INDUSTRY SURVEY

Seven out of 10 respondents expect increased revenues in 2019.
©REDPIXEL - stock.adobe.com

Areas targeted for
CAPITAL INVESTMENT
Maintenance & replacement parts

Systems improvement
(i.e., system integration/automation)

process products (32%), or some combination of
these three. The companies reported an average of
84% of revenue coming from North American sales.

61%
61%

New processing equipment

43%

Upgrade existing facilities

39%

(e.g., HVAC systems, locker/food services, offices)

Warehouse/distribution

New packaging equipment

Major expansion of existing facilities
(e.g., additional line(s), building expansion)

New facility construction or purchasing
existing structure

10

PET FOOD PROCESSING | 2019 | www.petfoodprocessing.net

33%
33%
24%
17%

Riding high
While 70% reported an increase in company revenue in
2018 compared to 2017, even more (78%) expect their
company's revenue to be higher in 2019 compared to
2018. That represents a 15.6% increase from 2018 to
2019. The growth is predicted to come from several
areas including existing product lines in the US (63%),
new product launches (61%), new distribution channels
(53%), growth of existing product lines in international
markets (29%), and by offering additional packaging
formats (27%).
Current product offerings of the surveyed companies
include kibble (43%), biscuits and baked treats (37%),
extruded treats (35%) and wet pet food (33%). The new
product launches expected to deliver growth over the
next two years include wet toppers and mix-ins (22%)
and pet food containing CBD (20%). Extruded treats
(18%) and pet treats or supplements containing CBD
(18%) were also high on that list.
In this omni-channel era of meeting customers where they shop, survey respondents confirmed the use of a multi-channel distribution
approach. A majority of respondents (66%) sell
through independent pet specialty retailers, 50%
reported distribution through national pet retail
chains, 46% through major ecommerce retailers,
36% through Food, Drug and Mass (FDM) channel retailers and 30% through company-owned


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PET Food Processing - October 2019

Table of Contents for the Digital Edition of PET Food Processing - October 2019

Pet Food Processing - October 2019
Contents
Off the Leash - The intersection of industries
Industry Survey - Good problems
Statistics - By the numbers
Processor Profiles
Associations
Certifications - Living up to the label
Accelerators - On the fast track
Consultants - Tour guides
US Census - Just in
Ad index
PET Food Processing - October 2019 - Pet Food Processing - October 2019
PET Food Processing - October 2019 - Pet Food Processing - October 2019
PET Food Processing - October 2019 - 2
PET Food Processing - October 2019 - 3
PET Food Processing - October 2019 - 4
PET Food Processing - October 2019 - Contents
PET Food Processing - October 2019 - Off the Leash - The intersection of industries
PET Food Processing - October 2019 - 7
PET Food Processing - October 2019 - 8
PET Food Processing - October 2019 - Industry Survey - Good problems
PET Food Processing - October 2019 - 10
PET Food Processing - October 2019 - 11
PET Food Processing - October 2019 - 12
PET Food Processing - October 2019 - 13
PET Food Processing - October 2019 - 14
PET Food Processing - October 2019 - 15
PET Food Processing - October 2019 - 16
PET Food Processing - October 2019 - 17
PET Food Processing - October 2019 - 18
PET Food Processing - October 2019 - Statistics - By the numbers
PET Food Processing - October 2019 - 20
PET Food Processing - October 2019 - 21
PET Food Processing - October 2019 - 22
PET Food Processing - October 2019 - 23
PET Food Processing - October 2019 - 24
PET Food Processing - October 2019 - 25
PET Food Processing - October 2019 - 26
PET Food Processing - October 2019 - 27
PET Food Processing - October 2019 - 28
PET Food Processing - October 2019 - Processor Profiles
PET Food Processing - October 2019 - 30
PET Food Processing - October 2019 - 31
PET Food Processing - October 2019 - 32
PET Food Processing - October 2019 - 33
PET Food Processing - October 2019 - 34
PET Food Processing - October 2019 - 35
PET Food Processing - October 2019 - 36
PET Food Processing - October 2019 - 37
PET Food Processing - October 2019 - 38
PET Food Processing - October 2019 - 39
PET Food Processing - October 2019 - 40
PET Food Processing - October 2019 - 41
PET Food Processing - October 2019 - 42
PET Food Processing - October 2019 - 43
PET Food Processing - October 2019 - 44
PET Food Processing - October 2019 - Associations
PET Food Processing - October 2019 - 46
PET Food Processing - October 2019 - 47
PET Food Processing - October 2019 - 48
PET Food Processing - October 2019 - 49
PET Food Processing - October 2019 - 50
PET Food Processing - October 2019 - 51
PET Food Processing - October 2019 - 52
PET Food Processing - October 2019 - 53
PET Food Processing - October 2019 - 54
PET Food Processing - October 2019 - 55
PET Food Processing - October 2019 - 56
PET Food Processing - October 2019 - Certifications - Living up to the label
PET Food Processing - October 2019 - 58
PET Food Processing - October 2019 - 59
PET Food Processing - October 2019 - 60
PET Food Processing - October 2019 - 61
PET Food Processing - October 2019 - 62
PET Food Processing - October 2019 - Accelerators - On the fast track
PET Food Processing - October 2019 - 64
PET Food Processing - October 2019 - 65
PET Food Processing - October 2019 - 66
PET Food Processing - October 2019 - Consultants - Tour guides
PET Food Processing - October 2019 - 68
PET Food Processing - October 2019 - 69
PET Food Processing - October 2019 - 70
PET Food Processing - October 2019 - US Census - Just in
PET Food Processing - October 2019 - 72
PET Food Processing - October 2019 - 73
PET Food Processing - October 2019 - Ad index
PET Food Processing - October 2019 - 75
PET Food Processing - October 2019 - 76
http://digital.petfoodprocessing.net/sosland/pfp/2020_06_01
http://digital.petfoodprocessing.net/sosland/pfp/2020_03_01
http://digital.petfoodprocessing.net/sosland/pfp/2019_12_01
http://digital.petfoodprocessing.net/sosland/pfp/2019_10_01
http://digital.petfoodprocessing.net/sosland/pfp/2019_09_01
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
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