PET Food Processing - September 2022 - 74

SIT, STAY, READ
ON THE HORIZON
In May 2022, CRB released its " Horizons: Pet Food " report, in which more than 300
US pet food processors were surveyed on everything from capital spending and
food safety investments to production challenges and the use of various proteins.
INVESTMENTS AHEAD
Capital expenditure plans among pet food processors are targeting packaging upgrades,
automation and process improvements. On average, processors expect to spend
$13 million on new processing equipment or process support utilities over the next three years.
<$20M $20M-$100M $100M-$500M >$500M
Packaging installations/
upgrades/additions
Automation installations/
upgrades/additions
Process installations/
upgrades/additions
54% 48% 60% 73%
51% 44% 49% 73%
41% 39% 57% 50%
$5,000,000-$9,999,999
$10,000,000-$19,999,999
>$50,000,000
I don't know
pet food
protein shift
71%
of processors are
shifting from animal
muscle to another
protein source
Plant-based meats/seafood/dairy
Cultivated meat/seafood
Whole plants/legumes
Dairy
Animal visceral
Insects
4%
13%
12%
2.4%
1.5%
26%
24%
22%
TOP 4 PRODUCTION
CHALLENGES
Supply chain disruptions, labor availability
and aging technology are currently the top
production challenges seen by pet food
processors at large.
38% Supply chain
36% Labor availability/skilled workforce
32% Aging technology/equipment
28% Inefficiencies or bottlenecks due
to process equipment
40.2%
23.4%
$20,000,000-$49,999,999
13.2%
Average
investment
$13M
ESTIMATED INVESTMENT IN
PROCESSING NEXT 3 YEARS
<$5,000,000
19.2%
74 PET FOOD PROCESSING | September 2022 | www.petfoodprocessing.net
Source: CRB, Photo: ┬ęPierre - stock.adobe.com
http://www.petfoodprocessing.net

PET Food Processing - September 2022

Table of Contents for the Digital Edition of PET Food Processing - September 2022

PET Food Processing - September 2022 - Intro
PET Food Processing - September 2022 - FALSE COVERa
PET Food Processing - September 2022 - FALSE COVERb
PET Food Processing - September 2022 - 1
PET Food Processing - September 2022 - 2
PET Food Processing - September 2022 - 3
PET Food Processing - September 2022 - 4
PET Food Processing - September 2022 - 5
PET Food Processing - September 2022 - 6
PET Food Processing - September 2022 - 7
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PET Food Processing - September 2022 - 74
PET Food Processing - September 2022 - 75
PET Food Processing - September 2022 - 76
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-october-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-september-2022
https://digital.petfoodprocessing.net/sosland/pfp/-pet-food-processing-june-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-march-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-december-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-october-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-september-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-june-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-march-2021
https://digital.petfoodprocessing.net/sosland/pfp/2020_12_01
https://digital.petfoodprocessing.net/sosland/pfp/2020_10_01
https://digital.petfoodprocessing.net/sosland/pfp/2020_09_01
https://digital.petfoodprocessing.net/sosland/pfp/2020_06_01
https://digital.petfoodprocessing.net/sosland/pfp/2020_03_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_12_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_10_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_09_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_06_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_03_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_12_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_09_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_06_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_03_01
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