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Pet Food Market Trends
Premium pet food buyers double down on e-commerce
Unsurprisingly, online purchasing patterns have seen more loyalty in the last few months than in-person shopping methods.
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March online pet food sales grew 77% over 2019; Dry 84%
Pet food sales online were 21% higher in January 2020, compared to 2019. The largest online sales growth occurred in dry pet food, which increased 84% over the same month in 2019.
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Kibble sales fluctuate with pandemic; Treats up late April
Wet pet food and treats saw similar though lower sales growth and decline trends.
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Sales down YOY after pandemic’s pet food retail spike
Dog, cat and other pet food sales dropped rapidly following the spike in pet food sales that accompanied COVID-19 pandemic preparations.
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New pet food e-commerce tool for Mexican vets, pet shops
A new e-commerce platform can help veterinarians and pet shops better compete in the Mexican pet food market.
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Hill’s Pet Nutrition sales at US$719 million in Q1 2020
Sales of Hill's Pet Nutrition in the United States and Europe led organic growth for parent company Colgate-Palmolive in the first quarter of 2020.
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United Petfood to acquire Netherlands-based Jonker Petfood
The takeover of this Belgian family business’ 14th production facility is part of its planned growth strategy.
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How will COVID-19 affect pet food M&A in 2020?
Pet food mergers and acquisitions have been happening this year, but will that continue at the same levels?
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Read the May issue of Petfood Industry!
May 2020
In the May 2020 issue of Petfood Industry, discover which U.S. pet food companies were added to China's customs list, how AAFCO regulations are likely to change and what the pet food industry will look like after the COVID-19 pandemic.