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Global Pet Food Trends by Region
U.S. and Canada
Market Trends and Reports
Pet food ingredients market to reach $73 billion by 2031
Meticulous Research predicts that while the market will grow 8.6% per year, regulatory structures and fluctuating raw material prices will restrain its growth.
Brand Insights
Buy Better, Buy Smarter
Supply Tigers Inc
Tailored solutions to curb indirect spending and improve cost and operating efficiencies for your pet food production.
Pet Food Market
General Mills acquires Edgard & Cooper
Edgard & Cooper is one of Europe’s leading independent premium pet food brands with omnichannel distribution across 13 markets.
Production
Nestlé Purina announces $195 million expansion at Wisconsin facility
Nestlé Purina PetCare
The project at the company's Jefferson, Wisconsin, factory will increase wet pet food brands by 50% and create 100 new jobs.
Pet Food Insights
Pet food label modernization is here (now states need to adopt it)
With a six-year grace period for compliance, the pet food industry has a lot of work ahead.
Insect-based Cat and Dog Food
Innovafeed opens insect innovation center in Decatur, Illinois
This is the first step in the company's industrial expansion to North America, which aims to scale up production and commercialization of insect protein in the U.S.
Adventures in Pet Food
Pet food inflation slowly declining, producer prices aren’t
Year-over-year pet food prices showed improvement in March 2024, but increases are still in double digits compared to 2021, driven by higher producer prices.
Grains and Starches
Nestlé Purina, Cargill partner to reduce dry pet food carbon footprint
Nestle Purina PetCare
Investment in regenerative agriculture is estimated to reduce the carbon footprint of Purina’s U.S. grain supply from Cargill by up to 40% over the next three years.
Market Trends and Reports
3 influences on pet food: demographics, private label, inflation
The percent of buyers and dollars happening exclusively online saw increases, while the percent of buyers and dollars happening exclusively in-store declined.
Pet Food News
Simmons Pet Food closes Streetsville, Ontario, canning facility
The company announced the decision to close the location by the end of 2024 to further centralize production and distribution for its operations.
Market Trends and Reports
Report: Gen Z's preference for pets impacts retailer patronage
New data from pass_by reveals a generational shift in the U.S., with Gen Z's visits to pet retailers increasing while Millennials foot traffic is on the decline.
Market Trends and Reports
US pet food sales at US$64.4 billion in 2023, ‘a little disappointing’
Although pet care sales grew less than in previous years, analysts nevertheless forecast pet care to continue growing in the coming decade and outpace other segments of the fast-moving consumer goods category.
Production
Muenster Milling opens freeze-dried pet food facility in Denton, Texas
The 120,000-square-foot facility includes raw meat processing capabilities that can produce various protein blends and nutritional profiles.
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