Within the top 10 US-based pet food companies, the top two companies bring in more annual revenue than the other eight combined, according to Petfood Industry’s Top Pet Food Companies database.
Frequency of purchasing affects everything from the strategic role of pet departments within multi-category retailers, to customer receptiveness to reward programs, to the appeal of subscription ordering and home delivery of pet food or treats.
Western Europe-based pet food companies predominate on the list of European companies in Petfood Industry’s Top Companies Database. Five of those pet food and pet treat companies achieved annual revenues of more than US$400 million.
As pet food becomes increasingly specialized, with manufacturers catering to consumers’ desires to meet the individual needs of their pets, functional ingredients are becoming more of a trend than ever.
Woof Gang Bakery partners with animal welfare organizations to host adoption events, donate pet food and supplies, provide grooming services and raise funds.
The global pet food market was profitable in 2015, with many pet food companies holding their spots as top earners and mergers and acquisitions boosting profitability for others.
The global pet food market was profitable in 2015, with many pet food companies holding their spots as top earners and mergers and acquisitions boosting profitability for others.
Seventy-four percent are dog owners, while 49% keep cats. Freshwater fish make up 19% of Millennials’ pets. Saltwater fish, reptiles, birds or other small animals account for between 3% and 10% of Millennials’ menageries.
Argentina, Mexico and Brazil have highest percentage of pet owners, followed by Russia and USA
May 31, 2016
Globally, 57% of consumers own pets, according to more than 27,000 online consumers whom GfK surveyed in 22 countries. Dogs are the most popular pet globally, owned by 33% of respondents.
Twenty wind turbines in the Scottish Highlands now provide more than enough electricity to power all 12 Mars, Inc. offices and pet food factories in the United Kingdom. Mars formed a partnership with Eneco UK to build the 60 megawatt (MW) wind farm using 70-meter-tall turbines near the villages of Moy and Tomatin, Scotland.
Pet owners want a lot from their pet food brands. They want primary proteins that suit what they believe is best for their animal. They want grains or they don't. They want something customized, but it has to be easy to understand.