The global pet food processing and packaging equipment sector is expected to reach $6.78 billion by 2028, according to a recent trends report by MarketsandMarkets.
The association’s “Strategic Insights for the Pet Industry: Pet Owners 2023 and Beyond” report aims to provide additional insights to its National Pet Owners Survey (NPOS).
A new survey revealed pet supplement shoppers in the United States are willing to cut their own spending before reducing what they spend on their pets.
Many pet food companies took this year’s theme to heart, debuting pet nutrition innovations that speak to numerous evolving trends throughout the industry.