Petfood market trends
The market leading global trade publication Petfood Industry recently reported that the global petfood market is expected to grow from around $75 billion in 2019 to around $88.5 billion in 2023.
Over 10% of market leading global petfood producers listed in “Petfood Industry”, June 2020 – “Top 86 pet food companies for 2020” have benefited from the technical consultancy we provide.
Do your products and systems meet current and future expectations?
Drivers of recent and future petfood market growth are linked to on-going humanisation and premiumisation of petfood, as pet owners look for healthy longevity in their pets’ lives. To ensure we meet pet owners needs we need to innovate to ensure our ingredients, products and systems meet the standards used in human food.
These factors mean we must continue innovation in our products and systems. Contact us, to discuss how Synergy Petfood can help you on your innovation journey and keep up with a changing market.