Industry Analysis & Industry Trends
For those with pets, pet food becomes indispensable in maintaining an animal's well-being. This factor kept revenue for dry pet food producers from falling drastically over the past five years. Revenue declines were the result of consumers refraining from purchasing new pets, causing a decline in the number of dogs and cats as pets in the United States. Over the next five years, consumers are expected to return to purchasing pets and pet food. In addition, wholesale bypass will allow dry pet food producers to sell products at lower prices directly to consumers, boosting demand for the industry.... purchase to read more
Industry Report - Starting a New Business Chapter
The Dry Pet Food Production industry faces moderate barriers to entry. While there is no specific legislation or regulations barring the entry of new firms, high competition, capital costs and concentration makes it difficult for new firms to succeed. In general, small new firms in this industry have difficulty abiding by government regulations and finding a niche market where they can be competitive.
Dry pet food production requires considerable food-processing machinery, such as industrial-grade dehydrators, extruders and coolers. Most food products have low per-unit values, making economies of scale necessary to minimize average production costs... purchase to read more