Nowadays, the economic level of the general public is improving. The increase in life pressure also makes everyone need the company of pets to get a little warmth. Dogs are the most popular pets. Dogs have relatively high IQs among animals. They can accurately perceive the joys, sorrows and even understand the words of their owners. Therefore, more and more people keep dogs.
The gradual increase in dog owners has also led to the development of many related industries, such as the pet food industry. Dog food is the essential food for dogs. There can be no snacks or teething sticks but no dog food. Dog food is the key to ensuring the healthy growth of dogs.
The enthusiasm for dog food has also brought considerable profits to the public. Many manufacturers have begun to want to produce and sell dog food. So what is the profit of dog food?
What is the profit margin on dog food?
Dog owners treat their dogs as family members and pet them with various pet foods. When choosing dog food, they will also try to choose the best dog food within their abilities. With the rapid increase in the number of pets in recent years, since 1994, in the United States alone, the market size has more than tripled to more than 60 billion. And the average dog owner spends about US$1641 a year, most of which use For dog food, the profit margin of dog food is mostly around 50%. Of course, different companies and different pet brands have additional profits. And dog snacks such as molar sticks can even reach 70%.
The above data is borrowed from professional technical articles on the most cost-effective pet food production line in 2021.
Dog food is a product with a high repurchase rate, strong dependence, and user fission very quickly. Pet owners have their circle. And they often communicate with each other what dog food is better. In addition, when buying dog food, people don’t believe it in packs. They buy 3-4 bags at a time.
Moreover, dog food is a dietary issue, and it is difficult for dogs to change it when used to it. Because of their dependence on dog food, the repurchase rate of old customers is usually very high. The above situation shows that dog food is a field that can be operated on and intensively cultivated for a long time. The longer the accumulation time, the greater the subsequent profit.
In the period of rapid economic growth in the future, more and more people will start to raise dogs, and the public will continue to spend money on dogs. Dog food is a fast consumable, and the market demand is enormous. As long as manufacturers ensure the quality of dog food, increasing profits will be a breeze.
How to increase the profit of dog food?
If you want to increase the profit of dog food, you need to expand the sales of dog food. If you’re going to increase sales, the best way is to improve the quality of dog food. This is also a way to promote the long-term development of the company. It is indispensable to use high-quality formulas and suitable raw materials. High-quality procedures can give full play to the nutrition of the raw materials, and high-quality raw materials can reflect the system’s advantages to the greatest extent. They are mutually complementary and indispensable.
If you need it, please feel free to contact our engineers. We will provide you with the most popular dog food formulas on the market to further increase your profits.
In addition, it is the high-quality production and processing of raw materials to produce high-quality dog food. There will be a lot of unnecessary expenses in the production process. If the production quality can be reduced while the production cost can be guaranteed, the profit will be expanded. It will be much more straightforward, which requires manufacturers to use more reliable production equipment.
Pet Food Production Line is the equipment used by many well-known manufacturers. Using this equipment can effectively reduce production costs and ensure product quality. After repeated trials, our engineers have finally equipped the equipment with a very high level of production technology. The high-end extrusion technology can provide the final quality of dog food and lay the foundation for expanding sales.
Moreover, the production line has a small footprint and a long service life. The fully automated production method does not require manual intervention. It can reduce the manufacturer’s production cost in many aspects so that the manufacturer can expand the market scale at a lower price.
Dog food is a product with a relatively high-profit margin. The 50% profit has surpassed many other products. Cost reduction will help manufacturers quickly expand the market scale. High-quality equipment will provide manufacturers with the most significant help!