Pets have traditionally been an important part of Australian families. Rising discretionary incomes and the increasing number of time-poor consumers have created a gradual shift away from home mixed pet food, in favour of manufactured pet food. Furthermore, the industry has begun to recover from the high volume of imports that flooded the market during the late 2010s. The Pet Food Production industry is projected to post annualised growth of 1.4% over the five years through 2014-15, to reach $1.4 billion. This includes forecast growth of 3.3% in 2014-15.
Companies in this industry are primarily engaged in the production of domestic pet food. This industry excludes the production of livestock feed.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.