Daily Newsletter

06 June 2023

Daily Newsletter

06 June 2023

Mars Petcare to invest A$112.6m in Wodonga facility, Australia

The move will help expand the production of single-serve pet food pouches in the Australian and New Zealand markets.

Soumya Sharma June 05 2023

Mars Petcare Australia has decided to invest A$112.6m ($74.3m) in its Wodonga facility in Australia to expand its pet food production capabilities.

The news was confirmed by Mars Petcare Australia general manager Craig Sargeant in his recent LinkedIn post.

The post said that the investment will be used to support the development of a 7,800m² manufacturing facility.

The unit will specifically focus on manufacturing ‘Single Serve Pouches’, with an initial capacity of approximately 290 million cat food pouches.

It is expected to become operational in mid-2025.

Once operational, the site will help improve the process of sourcing and production of Mars Petcare’s offerings locally in Australia.

The company’s portfolio of brands mainly includes Dine, Optimum, Advance and Whiskas.

According to a report by Manufacturers’ Monthly, the expanded facility will help create more than 60 new employment roles in the Victoria region of Australia.

The expanded site will address the demands of the Australian and New Zealand markets while contributing to the growth of the company's current and new products.

Sargeant said: “This significant investment will allow us to respond to pet trends including the continued rise in cat ownership - growing at nearly 4% per year - more than twice as fast as our dog population.

“We are also seeing increased demand for convenience, with pouch products representing half of the Australian wet cat food market and growing at nearly 10% per year.”

The report claimed that this expansion effort of Mars Petcare Australia has also received financial support from the Victoria state government’s Regional Development Victoria.

Regional Development Victoria minister Harriet Shing said: “As pet ownership continues to increase there are enormous opportunities for businesses like Mars to expand.

“We are continuing to work with rural and regional producers to support investment in growth industries, to cement Mars Petcare’s long-term operations and workforce in Wodonga and its place in a strong market.”

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close