In the first nine months of 2019, Purina PetCare sales reached CHF9.973 billion (US$10.091 billion).
In the first nine months of 2019, Purina PetCare sales reached CHF9.973 billion (US$10.091 billion) globally. Strong momentum in Purina PetCare sales supported parent company Nestlé’s organic growth of 3.7%. Executives reported Nestlé’s financial results in an investor call and press release on October 17. Overall, Nestlé’s total reported sales increased by 2.9% to CHF68.4 billion (US$69.2 billion), compared to CHF66.4 billion (US$67.1 billion) in the equivalent nine months of 2018.
“We continue to see good momentum in our largest market, the United States and very strong growth for Purina PetCare globally.” Mark Schneider, Nestlé CEO, said in a press release. “With prudent investments and a disciplined approach to acquisitions our value creation model is generating profitable growth and attractive cash returns for our shareholders."
Nestlé Purina PetCare sales by region
Nestlé’s North American sales increased by a mid-single digit. Purina PetCare contributed the most to this growth, as the sector saw strong sales development in pet food e-commerce and premium brands. Sales of Purina Pro Plan, Purina One, Tidy Cats litter and veterinary products grew at a double-digit rate.
Latin America reported high single-digit growth for Purina PetCare, among other categories. High growth in Purina PetCare supported Nestlé’s Europe, Middle-East and North Africa division positive organic sales development. Purina PetCare products experienced strong demand in Japan and Oceania, contributing to solid growth in the region for Nestlé.
Purina in Petfood Industry’s Top Pet Food Company’s Current Data
While the pandemic caused unprecedented suffering worldwide in 2020, the disruptions to dogs, cats and other pets adoption numbers may normalize in 2021.
