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Pet Food Market Trends

Cat food sales top EUR3.2B German pet food market 2018

Cat food sales outpaced dog and other pet foods in the German market in 2018, although it declined slightly from 2017.
Retail sales of pet food, treats and supplies in Germany reached EUR4.95 billion in 2018, including online sales and bird seed, according to Industrieverband Heimtierbedarf (Pet Supplies Industry Association, IVH).
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EU pet food sales at EUR21 billion in 2018; employs 100K

The European Pet Food Federation (FEDIAF) released those data during its annual meeting in Prague in the report “FEDIAF Facts & Figures.”
In 2018, pet food contributed EUR21 billion (US$23.7 billion) to the European Union economy, making it the largest segment of the EUR39.5 billion (US$44.6 billion) EU pet sector.
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Chewy share price opens 60% higher than IPO

Chewy’s stock price opened on Monday at US$34.72, or nearly 60% higher than the IPO price.
Following e-commerce pet food retailer Chewy’s initial public offering on the New York Stock Exchange, the stock increased from its original share price of US$22 to a high of US$41.34.
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