Industry Analysis & Industry Trends
The Pet Food Production industry is dominated by brands like Purina and Cesar, which are produced by Nestle and Mars, respectively. The industry produces a staple product for individuals that have cats and dogs; however, wet pet food is more expensive and can be easily substituted for cheaper dry pet food. When disposable income is higher, consumers often spend more money on their pets and purchase more of this product. Major players compete on price, quality, ingredients and nutrients.... purchase to read more
Industry Report - Starting a New Business Chapter
The Pet Food Production industry faces moderate barriers to entry. While there are no specific legislations or regulations barring the entry of new businesses, high competition, capital costs and concentration makes it difficult for new entrants to succeed. In general, small new operators in this industry have difficulty abiding by government regulations and finding a niche market where they can be competitive.
Pet food production requires considerable food processing machinery, such as industrial-grade dehydrators, extruders and coolers. New entrants into the market also need to obtain food processing facilities and warehouses, which further contribute to capital costs. In addition to capital, new entrants need to hire skilled workers, especially for pet food nutrition research... purchase to read more