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Pet Food Market
Market Trends and Reports: Page 2
Latest News
'Petflation' slows, but numbers remain high
While the February 2024 numbers have decreased, the cumulative total pet numbers are the highest in history.
Brand Insights
Pet Food Quality: A More Holistic Approach to Food Safety
KEMIN NUTRISURANCE
Learn why addressing microbial risks throughout the value chain is critical to a robust food safety program. Brand Insights from Kemin.
Something to Chew on
Raw pet food adoption: What does the future hold?
Pet owners in North America and Europe are increasingly feeding raw and other ‘alternative’ pet foods, especially younger owners, but do barriers remain?
Adventures in Pet Food
5 pet food takeaways from Global Pet Expo 2024
Pet food sales growth is slowing but still outpacing other categories, partially fueled by increasing innovation, new formats and private label pet food.
Pet Ownership Statistics
US pet ownership steady since 2010; Cat may rise, dog fall
Analysts don’t forecast a significant increase in pet-owning households. By 2030, the number may rise by only one million.
Pet Food Ingredients
Functional benefits continue to gain in pet food
As health and wellness continue to command top billing in pet parents’ concerns, functional options are stepping in to provide answers to what may ail pets.
Market Trends and Reports
Pet health, wellness trends mirror human concerns
As humans become more aware of their own health and wellness, their attention also focuses on that of their furry family members.
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.
Global Pet Food Trends by Region
Global differences in pet food purchasing channels
Worldwide, pet owners may continue diversifing their pet food buying channels, looking for the brands they want at affordable prices.
Pet Food Marketing and Branding
Pet food innovation rate down, but new product value up
Although the new product pipeline slowed in 2020, that smaller quantity of new pet consumables brings in more profits.
Market Trends and Reports
Pet product paradigm shift: Target Gen Z trends to increase market impact
Although Millennials remain the largest pet owning generation, Gen Z is changing the way owners want to learn about and purchase pet products, noted the American Pet Products Association's latest Strategic Insights Report for 2024.
Pet Food Marketing and Branding
Cat food, treat innovation rises in 2024 with health focus
Numerous cat consumables were displayed in Global Pet Expo’s new products showcase as cat owner spending grows faster than dog in the U.S.
Market Trends and Reports
Report: Cost of pet parenting grows with humanization trend, premium products
Rover's 2024 True Cost of Parenthood report for dogs and cats revealed that 61% of owners reported an increase in expenses associated with their furry companions over the past year.
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