Overview
The 1,100 pet and animal food manufacturers in the US produce food for pets and other animals, such as livestock and birds. Product categories include animal feed (cattle, swine, poultry), dog food, cat food, specialty feeds (birds, fish, rabbits, laboratory animals), and rendering and meat byproducts. Animal feed manufacturers account for 80% of companies and 59% of industry sales.
Food Safety
Outbreaks of serious diseases and contaminants related to food safety have affected the livestock production and pet product industries, including pet and animal food manufacturers.
Variability In Raw Materials’ Costs
With narrow margins, pet and animal food manufacturers often struggle to deal with volatile raw materials’ costs.
Industry Financial Benchmarks
Here are typical financial statements for pet & animal food manufacturers.
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