Pet food industry continues to grow

The European Pet Food Federation (Fediaf) has released its annual overview of the pet population and pet market in Europe.  A staggering 88 mio households (38 per cent) benefit from pet ownership and the pet food industry has grown 2.8 per cent and is now worth 21.8 bn, said the association in its report.
Pets are also being rewarded for their companionship throughout the pandemic with 21.2 bn spent on services and products, 1.5 bn more than the previous year and an increase of 7.6 per cent.  This equates to 9.2 bn spent on accessories and 12 mio on services, according to Fediaf.