Tuesday, May 28, 2024
HomeDog FoodAlican invests $30 million to triple Argentine manufacturing

Alican invests $30 million to triple Argentine manufacturing


Alican, the producer behind the Sieger model of pet meals, introduced a $30 million funding plan to considerably increase its manufacturing capability in Córdoba, Argentina.

This funding will increase Alican’s amenities in Alcira Gigena and Juárez Celman over the subsequent 4 years, aiming to triple its manufacturing capability, improve annual income to roughly $100 million, and double its export quantity. In line with press sources quoting Darío Maida Re, director and cofounder, Alican is a pet meals firm established by veterinarians and former executives from giant pet meals corporations.

The Alcira Gigena plant includes a state-of-the-art automated manufacturing line for dry pet meals, whereas the Juárez Celman facility focuses on moist pet meals manufacturing and options an in-house laboratory for product innovation. With this funding, Alican plans to extend its month-to-month dry meals manufacturing from 3,000 to between 8,000 and 9,000 tons, and its moist meals manufacturing from 100 to 300 tons.

At present, Alican exports 15% of its dry meals manufacturing to neighboring international locations Chile, Uruguay, Bolivia and Ecuador, and has began promoting in Peru and Colombia, in addition to within the U.S. and Europe via Amazon. The corporate additionally plans to ascertain subsidiaries in Uruguay and Paraguay this yr.

As well as, Alican is growing a 100% vegan pet food, supposed for distribution in well being meals retailers. The corporate is contemplating organising a analysis heart to additional innovate in pet diet.

Regardless of rising manufacturing prices and challenges in sustaining profitability, Alican stays dedicated to increasing its export footprint. Maida Re emphasised the strategic significance of sustaining their market presence, even at the price of short-term profitability. With a imaginative and prescient to export 30% of their manufacturing, Alican is poised for formidable development.

Alican participates largely within the premium pet meals phase. For pet food, this market represents 8% of complete gross sales, with Alican holding a 14% share of the phase. Within the moist meals phase, Alican has already achieved a 60% market share. The corporate is current in about 6,000 points-of-sale throughout the nation.

Moist meals in Argentina nonetheless negligible

In Argentina, moist pet meals represents simply 2% of the market, in comparison with 30% in Europe and the U.S., indicating vital development potential. Alican’s main model, Sieger, contains each dry and moist meals merchandise with specialised diets comparable to Restoration, which was launched simply over a yr in the past.

Alican’s $30 million funding is a strategic transfer to capitalize on the rising world demand for premium pet meals. By tripling its manufacturing capability and increasing its product traces, Alican goals to strengthen its market place each domestically and internationally, making certain a vibrant future for the corporate and the pets it serves.

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