Data-driven Horizons report reveals critical challenges as manufacturers meet rising – and discerning – consumer demand
Submitted by CRB
KANSAS CITY, Mo., May 23, 2022 /CSRwire/ - While many industries struggle with economic and market challenges, a new report from CRB finds that pet food manufacturers are racing to add capacity to meet consumer demand for high-quality products, driven by “the humanization of pet food.”
Even as supply chain risks, labor shortages and rising costs present stout challenges, CRB’s newest Horizons report finds established companies and start-ups alike are chasing consumers who increasingly demand the food they feed their pets matches the quality and manufacturing standards of food they’d feed themselves.
The report, released today as a free download by CRB – a leading provider of sustainable engineering, architecture, construction and consulting solutions to the food and beverage and life sciences industries – is built on the survey responses of 300 pet food manufacturing leaders. Horizons features analysis by CRB’s authoritative corps of subject matter experts who share insights on issues ranging from the sourcing of alternative proteins and adapting processes for sustainability, efficiency and quality, to embracing integrated project delivery solutions that raise capacity without sacrificing quality or schedule.
“At stake is nothing less than a projected $275 billion, the expected annual value placed on the pet care industry by 2030,” Tim Barba, CRB’s Chief Operating Officer, Global Technical Operations, writes in the report’s opening passages. “To get their share, manufacturers are feverishly expanding and modernizing their production capacity, exploring new segments, and aligning their products with the qualities prized by ingredient-conscious consumers.”
Among the essential insights contained in the Horizons report:
“It’s fascinating to see how the massive adoption of pets in the United States during the pandemic transformed the pet food industry. Despite inflation and other challenges, consumers are seeking high-quality foods for their pets who are treated like family members,” said Jason Robertson, Vice President of Food and Beverage at CRB.
Download the report here, see additional CRB thought leadership at crbgroup.com/insights, and connect with CRB on LinkedIn and Twitter.
CRB is a leading provider of sustainable engineering, architecture, construction, and consulting solutions to the food and beverage and life sciences industries. The company's more than 1,600 employees provide world-class solutions that drive success and positive change for their clients, people, and communities. CRB is a privately held company with a long history of serving clients throughout the world, consistently striving for the highest standard of technical knowledge, creativity, and execution.
Bonnie Quintanilla or Phyllis Grabot
firstname.lastname@example.org or email@example.com
CRB is a leading global provider of sustainable engineering, architecture, construction, and consulting solutions to the life sciences and food and beverage industries. Our innovative ONEsolution™ service provides successful integrated project delivery for clients demanding high-quality solutions -- on time and on budget. Across 21 offices in North America and Europe, the company's nearly 1,800 employees provide world-class, technically preeminent solutions that drive success and positive change for clients and communities. See our work at crbgroup.com, and connect with us on social media here.
More from CRB