Pursuant to senior director of international policy and trade for the American Feed Industry Association (AFIA), Gina Tumbarello, US pet food manufacturers could strongly increase the exports of its supreme products over the past years. In the September edition of Pet Food Processing, Tumbarello pointed out that American pet food producers still lose a lot of turnover opportunities into other regions, especially Thailand.
“While Vietnam and Thailand are not currently significant markets for pet food exports, there is growing potential for US pet food manufacturers to compete in these markets,” Tumbarello wrote. “…In Thailand [households owning cats and dogs] grew 22% and 17% respectively, between 2017 and 2021.”
The US currently exports dog and cat food worth $8.98 million to Thailand, which is an increase of 4.2% from 2021 to 2022. American food processors in Thailand are impeded by 9% Thai tariff rates.
Thai Pet Food Trade Association (TPFA) reported that Thailand is the third biggest pet food exporter in 2021with an export worth 65 billion baht ($1.7 billion USD). United States, Japan, Italy, Malaysia and Australia belong to Thailand’s top exporters. 95% of the raw materials are locally sourced which start up national production.
“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 Chanintr Chalisarapong, Ph.D., president of TPFA.
The Perfect Companion Group, the Charoen Pokphand Foods and Thai Union are part of Thailand’s top pet food producers. The increasing demand for pet food products also attracted companies like Mars Petcare, Nestle Purina, Pedigree and Tiki Pets.
“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,” Chalisarapong said.
Mordor Intelligence expects Thailand’s international pet food market to achieve a CAGR of 4.6% from 2022 to 2027. The country will strengthen its position as leading position in pet food export.
original article – petfoodprocessing.net