Feed & Additive Magazine Issue 33 October 2023

MARKET REPORT 76 FEED & ADDITIVE MAGAZINE October 2023 The origins of the pet food market can be traced back to the history of the relationship between humans and their pets. The first pet foods were the leftovers or animal by-products that humans gave to their pets. In the 19th century, pet foods became a commercial product. The first dry pet food was invented in 1860 by James Spratt, who sold dried biscuits made of wheat, vegetables, beetroot, and beef blood to dogs. Spratt’s biscuits were popular among hunting and sporting dogs. In 1890, his company expanded to the United States. In the early 20th century, the pet food market diversified. Canned wet pet food was introduced in 1922 by Chappel Brothers, who used horse meat and grain mixture. Cat food emerged in the 1930s, when Carnation Company created a cat food brand Global Pet Food Market Global pet food production has been growing steadily in recent years, reaching 35.27 million metric tons in 2022, according to Alltech Agri-Food Outlook 2023. This is a 7.25% increase from 2021, when the production was 32.88 million metric tons. There are also different forecasts of the global commercial scale of the market. Based on the data of the 4 companies that have recently updated their reports, it can be said that the pet food market size is around USD 117.34 billion on average in 2023. Assuming an average growth expectation of 5.5% CAGR, it can be projected that the global pet food market will grow to USD 201.39 billion by 2033. By Derya Yildiz

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