Pet Food News

US pet spending grew at double rate of household income

Growth in American’s pet spending represents a 50% increase from 2013 to 2018. During that same time, American’s annual income increased by only 23%.
Pet owners in the United States spent US$87 billion on pets in 2018, up from 2013’s US$57.8 billion according to U.S. Bureau of Labor Statistics Survey of Consumer Finances data analyzed by MagnifyMoney.
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Genetic testing boosts pet food ingredient traceability

Genetic testing of pet foods may affirm marketing claims, while defending dog, cat and other pet food companies from lawsuits and scandals.
During the past few years, several lawsuits and other negative issues arose because of unwanted species being present or labeled ingredients being absent.
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