Between 2010 and 2016, the annual revenue Mars Petcare grew the most compared to other dog and cat food companies in the Petfood Industry Top Companies database, while Blue Buffalo grew at the fastest rate.
Mars and Purina PetCare, continue to enjoy a multimillion-dollar gulf between themselves and other pet food companies. However, Blue Buffalo grew at least nine times faster than Mars, Purina, Big Heart Pet Brands or Hill’s Pet Nutrition, in terms of compound annual growth rate (CAGR).
5. Blue Buffalo
In 2016, Blue Buffalo reached US$1,149,778,000 in annual revenue. Although that is less than a fifteenth of Mars’ revenues, Blue Buffalo showed the strongest growth by far between 2010 and 2016. Blue Buffalo’s compound annual growth rate was 18 percent during that period, compared to the second highest CAGR of 2 percent by Mars.
4. Hill’s Pet Nutrition
Hill’s Pet Nutrition’s annual revenue increased by US$52 million from 2015 to hit US$2,264,000,000, making it the fourth highest. For more data see the infographic below.
3. Big Heart Pet Brands
Big Heart Pet Brands increased their annual revenues by 13 percent between 2010 and 2016, according to database figures.
2. Nestle Purina PetCare
At US$12.1 billion, Nestle Purina PetCare attained the second highest annual revenue of all pet food companies worldwide.
1. Mars Petcare
Mars Petcare likely remains in the top spot, a position the company has held since Petfood Industry’s Top Companies database was started in 2010. However, updated figures weren’t available for the company, so its exact 2016 revenues are unknown.
Petfood Industry’s editors attempted to update the database with the latest figures for 2016. However, many companies do not release their revenue figures publicly, so some major companies may not be accurately represented. For example, Diamond Pet Food occupied the fifth place spot last year, but dropped off the list this year for lack of data.
