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Market Trends and Reports
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 ingredient insights for new product development
WATT Global Media
Explore sustainable and healthy ingredients that keep your formulations profitable. Brand Insights from Petfood Industry.
Adventures in Pet Food
4 pet food trends I’ll be tracking at Global Pet Expo 2024
Does the show promise to showcase air-dried and freeze-dried products, more new cat foods and treats and still more CBD treats and supplements?
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?
Global Pet Food Trends by Region
6 ways urbanization influences global pet food industry
Although regional differences exist, six effects of human urbanization influence pet ownership worldwide.
Africa
Pet food among top opportunities for US exporters to Kenya
Cats were the most frequently kept pets in Kenya with 68% of pet owners having them.
Adventures in Pet Food
Consumers loyal to preferred pet foods despite high prices
Pet food inflation in the U.S. keeps falling, though prices are still much higher than three years ago; yet most owners are sticking to their pet food choices.
Central/Western/Southern Asia
Turkish pet food growth opens US ingredients opportunity
Although domestic production has increased, demand has outpaced supply, so Türkiye has also imported more pet food over the years. There may be opportunities for U.S. rendering companies to export pet food ingredients to Türkiye.
East Asia
Singapore’s imports of US pet foods up 17% in 2022
U.S. pet food brands have s 23% market share in Singapore, second only to Thailand.
East Asia
South Korean pet food imports grew US$108M from 2018-2022
China ranks as South Korea’s top pet food supplier with a 30% market share.
Adventures in Pet Food
The state of pet food innovation in early 2024
Pet food innovation doesn’t always mean new products; sometimes it’s new delivery services, new market players and new research on existing ingredients.
Pet Ownership Statistics
5 emerging markets for cat food; China, Brazil, Mexico top
The popularity of cats seems to be growing globally.
Adventures in Pet Food
U.S. private label pet food sales: Still small but soaring
Though the U.S. has long lagged behind Europe in private label pet food sales and market share, those sales continue to grow amid ongoing pet food inflation.
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