Australian pet food continued to post growth in value sales at the end of the review period despite a decline in volume sales. With the industry’s high level of maturity, the decline in pet population and growing preference for cats and smaller breeds of dogs limiting the potential for volume growth, players focused on driving value sales....
Dog food value sales at constant 2018 prices are set to record a modest CAGR over the forecast period, albeit slightly faster than the value CAGR at constant 2018 prices in the review period. The category’s slow growth is a result of frequent price promotions which became prevalent not only in economy and mid-priced dog food but also in the...
Cat food value sales are projected to record a modest CAGR at constant 2018 prices over the forecast period. Similar to dog food, the category will continue to grow despite its maturity, benefiting from the pet humanisation trend which saw more pet owners treating their pets as part of the family. In line with this trend, pet owners not only...
Other pet food is set to record a modestly declining value CAGR at constant 2018 prices over the forecast period, more or less in line with the review period. This decline is representative of the decreasing number of pet owners who opt for fish, birds and small mammals as pets, in favour of cats and dogs. The ownership of fish and birds is...
Dog’s breakfast: Private-label products have become harder to stomach for some industry players Abstract Pet Food Production in Australia Industry firms primarily manufacture domestic pet food. The industry excludes livestock feed production. This report covers the scope, size,...