The Western Hemisphere drives development within the international pet sector with robust development in each North and South America. Alltech’s Agri-Meals Outlook 2024 examined pet meals manufacturing development developments across the world. In most areas of the planet, pet meals manufacturing expanded or remained regular in 2023 with Europe as the one continent seeing a decline. Total pet meals tonnage grew to 34.70 million metric tons in 2023, up 0.7% from 34.96 million metric tons in 2022.
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“The worldwide pet sector continues to broaden, and Latin America and North America are main drivers of that development “The surge in pet possession, particularly post-pandemic, is contributing to the rising demand for high-quality pet services and products.”
Pet meals manufacturing world wide
Africa and the Center East: Pet meals manufacturing elevated marginally in Africa final 12 months. Pet meals tonnage within the Center East held regular.
Asia-Pacific: With 2.41% development in 2023, pet meals manufacturing continued an upward climb within the Asia-Pacific area pushed by elevated pet possession. Throughout the areas, China elevated pet meals manufacturing by 6%.
Europe: In comparison with the remainder of the world, Europe was the one market with declining pet meals manufacturing in 2023. Provide-chain disruptions and inflationary pressures led to this lower.
Latin America: Geographically, Latin America spans North and South America. Pet meals ingredient utilization by weight elevated by 3.85% in Latin America final 12 months, equating to development of 0.32 million metric tons. Brazil’s pet meals manufacturing elevated by 6.18%.
North America: In Alltech’s report North America included solely the US and Canada. The nations from Mexico to Panama have been included in Latin America. America and Canada beat all of Europe in pet meals manufacturing, reaching a complete of 11.34 million tons of elements utilized in 2023. The entire variety of pet feed mills within the two nations decreased throughout the previous 12 months, however the variety of pet meals manufacturing services elevated. In the US, pet meals manufacturing grew by 1.31%.
Oceania: Pet meals ingredient tonnage elevated by 0.04 million metric tons in 2023, a 7.57% improve.
