2014-04-01 16:30:01 - Pet Food and Animal Feeds in Australia: ISIC 1533 - a new market research report on companiesandmarkets.com
Australian market for animal feeds and pet food expands by 16% over 2007-2012 review period. As Australians are known as pet lovers, revenue from pet food sees highest growth of 26%.
Dependence on foreign production increases by 31% over review period. With 89% share in total, raw materials´ costs represent principal source of expenses for the industry. Growth estimated to remain stable over 2013-2018, reaching A$4.3 billion at end of forecast period.
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