BANGKOK, Sept. 20, 2022 /PRNewswire/ -- Today, a growing
global trend sees pet owners becoming 'pet parents' and treating
their dogs and cats as part of the family. Gone are the days of
keeping a pet outdoor and feeding it scrap food. For the pet food
industry, the shift is having a major impact, and Thailand, as the world's kitchen, is helping
to fulfil the needs of 'pet parenting', according to an industry
group.
As consumers become more aware of what they eat, the same
consciousness applies to their pets. Instead of basic food, they
now demand more nutritious value and compliance to safety standards
for their pets. As 'pet humanization' becomes an emerging trend,
it's no surprise to see plant-based, organic, and even vegan pet
food products in the market.
Thailand is the world's third
largest pet food exporter in 2021 with export value of more than
65 billion baht, an increase of 27%
from the year before, according to the Thai Pet Food Trade
Association (TPFA). Thailand's top
5 export markets for pet food are the US, Japan, Italy,
Malaysia and Australia, while Asian neighbors such as
India, Indonesia and Laos see rising demand. The steady growth of
Thai pet food exports is accelerating in 2022 with a 43% increase
in the first 7-months.
The abundance of agricultural produce in Thailand, means that 95% of the raw materials
used in pet food is sourced locally, supporting the country's
production hub status, according to TPFA.
"Our strengths also derive from the long-standing experiences and
reputation in canned tuna production which can be broaden into wet
pet food manufacturing," said Dr. Chanintr Chalisarapong, President
of TPFA.
Thai manufacturers of pet food brands include Perfect Companion
Group's SmartHeart and Me-O brands, Asian Sea's Monchou brand,
Charoen Pokphand Foods' JerHigh, and Jinny brands, and Thai Union's
ChangeTer's brand. Thailand's
competitiveness has also attracted many international pet food
brands to set production bases here, such as Mars Petcare, Nestle
Purina, Pedigree and Tiki.
To answer the demand from pet owners, manufacturers are putting
the emphasis on producing the pet food which in terms of safety,
variety and dietary values are similar to human-grade food. Demand
is also increasing for innovative products such as prescription
foods and supplements for treatment of pet health issues, like
heart, lungs, and kidney diseases, TPFA said.
"The trust in our manufacturers' quality and safety standards
from customers, combined with product diversification, innovation
and continuous development contribute to Thailand's competitive edge in the global pet
food market," said Chalisarapong.
The global pet food market is projected to record a CAGR of 4.6%
from 2022-2027, according to Mordor Intelligence. As the number of
households with pets continues to increase globally, manufacturers
of pet food will certainly stay on top to help pet parents take the
best care of their fur babies.
Photo
- https://mma.prnewswire.com/media/1895254/Thai_pet_food_offers_myriad_choices_filled_appetizing_nutritious_contents.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/thailands-pet-food-producers-on-a-mission-to-please-pet-owners-and-pet-parents-301627848.html