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Pet Food Market Trends

Nestle renews talks to buy Champion Petfoods majority

Nestle renewed discussions to purchase a majority stake in Champion Petfoods, reported the Financial Times.
In July 2018, the Wall Street Journal reported that Nestle was in talks to purchase dog and cat food and treats maker Edmonton, Alberta, Canada-based Champion Petfoods for more than US$2 billion.
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US spent nearly US$33 billion on pet food, treats in 2018

Compared with a year ago, this represents an increase of 5 percent, or US$1.5 billion in sales.
Nielsen analysts calculated that Americans spent nearly US$33 billion on pet food and treats in 2018 in various retail channels, including local pet stores, big box retailers, vet clinics, online retailers and others.
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GA Pet Food Partners sees B2C home delivery opportunity

A growing customer base helped United Kingdom-based GA Pet Food Partners increase operating profits from GBP280,000 to GBP633,000 between January 2017 and January 2018.
The pet food company has nearly completed a new facility and plans to begin production in the first quarter of 2019.
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Pets fuel market for premium pet food in Taiwan

As pet ownership in Taiwan continues to grow, new markets and opportunities are emerging for the global pet food industry.
The growth of pet ownership in Taiwan is opening new markets and opportunities for the global pet food industry, particularly in premium categories.
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