Freshpet raises US$156 million in initial public offering

Freshpet Inc., a US-based maker of premium petfood for cats and dogs, raised about US$156 million in its initial public offering after its IPO was priced at US$15 per share, above the expected price range of US$12–$14.

November 10, 2014

Freshpet Inc., a US-based maker of premium petfood for cats and dogs, raised about US$156 million in its initial public offering after its IPO was priced at US$15 per share, above the expected price range of US$12â€“$14.

The company sold 10.4 million shares. At the IPO price, the company was valued at US$477 million, based on outstanding common stock of about 31.8 million, according to reports. The company counts private equity firm MidOcean Partners LP and Tyson Foods Inc. among its investors.

Freshpet is expected to debut on the Nasdaq on Friday under the symbol "FRPT."

Dall·e 2024 10 04 10 15 26 A Cyberpunk Scene Featuring A Dog Working At A Large, Futuristic Computer Terminal The Dog, A Medium Sized Breed With A Sleek, High Tech Collar, Sits

What happens if (when) AI autonomously markets your pet food?

American Packaging's Story City, Iowa, Center of Excellence will undergo a major expansion beginning in October 2025 to add pouching capacity and equipment, with completion expected by September 2026.

American Packaging expands pouching capacity

Pet Food Market

Pet food prices drop as overall 'petflation' slows to 2.1% in June

Pet food prices actually fell 0.3% compared to last year while overall pet inflation cooled to 2.1%, providing some relief to pet owners who have been squeezed by years of rising costs.

Cat In Flowering Bush Corinaselberg Pixabay

Brand Insights

Pet Food Manufacturer Thinks Outside the Box with EDL’s Double Tight Wrap Machine

EDL, as Massman Company

EDL Double Tight Wrap shrink wrapping machines use two perpendicular bands of LDPE film to tightly unitize and totally enclose a product or collation.

Pet Food Manufacturer Thinks Outside the Box with EDL’s Double Tight Wrap Machine

Market Trends and Reports

4 CPG giants dominate pet food market share across price points

Four massive companies outperform across all price points in the pet food market. Mars PetCare and Nestle Purina stand furthest above the competition in market share.

Chat Gpt Image Jul 16, 2025, 12 55 39 Pm

Pet Food Market

Brazil's pet industry slowdown: Consumers are changing

Pet food professionals grapple with Brazil's first production decline in years as shifting consumer behavior compounds economic pressures.

Multiple factors are converging to create a challenging environment for Brazil's pet food sector.

Trending: Pet Food Podcast

EPISODE 90: What does diversity look like in the pet food industry?

Lashonda Geffrard discusses the economics of diversity, the challenges facing DEI initiatives, and actionable steps pet food companies can take to create more inclusive businesses.

Sound Cloud Cover Art 800x800 Lashonda Geffrard

Market Trends and Reports

Private label pet food growth outpaced national brands

With ongoing macroeconomic uncertainty and persistent inflation, consumers may continue shifting towards private-label pet food brands.

Dall·e 2024 07 10 12 30 17 An Art Nouveau Style Illustration Of A Dog In A Grocery Store The Dog Is Elegantly Posed, Surrounded By Shelves Filled With Various Groceries And Pet

Trending: Pet Food Podcast

EPISODE 89: How does working in human food versus pet treats compare?

Zora Tabin shares her journey from founding Wild Zora human food products to launching Zora's Best Friendz pet treats, revealing the unexpected challenges and key differences between serving human and pet customers.

Sound Cloud Cover Art 800x800 Zora Tabin

Raw Cat and Dog Food

Raw pet food gains ground as consumers gain safety knowledge

As high-pressure processing is better understood by interested pet owners, industry safety standards are becoming established for raw pet food.

We Feed Raw offers customized, complete and balanced raw meals frozen and cold-shipped to customers, including beef, chicken, lamb, turkey and duck.

Pet Food Company Profiles

Heckova! brings the fun to superpremium dog food

This young, freeze-dried dog food brand works to bring new customers into the fold.

Heckova!’s philosophy is simple: Every dog is a heck of a dog, and food should make their lives happier and healthier.

Targeted premiumization strategies in pet foods

From fresh pet food to personalization, the various avenues in the premium pet food space continue to expand.

Fresh pet food growth is one of the ways the premium pet food market is expanding its reach as more pet owners look to optimize their animals’ eating habits.

Global Commerce

Pet food mergers and acquisitions cautious but continue in 2025

The go-go days of 2021 may be behind for the pet food industry. However, M&A continues, although with more discipline and patience than before.

Minimalist Painting Depicting A Geman Shpherd Shaking Hands With A Business Man

Adventures in Pet Food

Do pet owners and other consumers still demonize ingredients?

Recent surveys indicate consumers of human food and purchasers of pet food may no longer focus on avoiding certain ingredients in their buying choices.

Eei Tony Big Stock Photo com Corn Field At Sunset

Global Commerce

How cats stole Indonesia's pet food market

Cats are the dominant pet in Indonesia, leading to success for the country’s cat food segment.

Indonesia has long since gone to the cats, with the balance tipping in their favor both in tonnage and in dollars when it comes to the pet food market.

Page 1 of 673