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Adventures in Pet Food: Page 49
Pet Food Market
New research benefits pets, people and pet industry
While some issues arising from last week's American Veterinary Medical Association conference -- like whether veterinarians receive enough education on pet nutrition -- might spur controversy, I think everyone can agree that research on the benefits of the human-pet bond, presented during the accompanying conference of the International Association of Human-Animal Interaction Organizations (IAHAIO), is a positive development for pets, people and the pet industry.
Pet Food Market
Veterinarians trying to learn more about pet nutrition
"You know more about nutrition than you think you do." That was one of the messages Jennifer A. Larsen, DVM, PhD, DACVN, professor of clinical nutrition with the Veterinary Medical Teaching Hospital at the University of California-Davis, imparted to her audience during the American Veterinary Medical Association's annual convention, taking place in Chicago this past weekend through today.
Pet Food Market
Latest human food trends parallel petfood trends (or vice versa)
Petfood product development follows human food trends by only "half a step," said David Sprinkle, research director and publisher with Packaged Facts, during a Petfood Forum 2013 presentation. That was just three months ago; judging by information presented at the Institute of Food Technologists (IFT) Annual Meeting and Food Expo this week, I am beginning to think that perhaps petfood has already caught up and is marching in lock step with human food in many areas.
Pet Food Market
Private label petfood strong in Europe, has opportunities in US
Private label products have never become a significant part of the US petfood industry, reaching only as high as 9.7% of the market in 2010, according to Packaged Facts. In fact, in 2011, US private label petfood sales slipped 4.4%, decreasing the overall share of the market to 9%, SymphonyIRI data showed.
Pet Food Market
Indulgent petfood trends may not be healthy long term
A UK chef creates a "luxury" cat food consisting of roasted duck, lobster roll, Beluga caviar and beetroot jellies, and costing £24.99 (US$37.98). In the US, dog food trucks purveying "dog-friendly" ice cream and cookies are growing in popularity, to the point where some companies are seeking to franchise their concepts.
Pet Food Market
FDA can no longer delay on petfood safety regulations
The wheels of justice turn slowly, as the saying goes, but they have finally turned in the direction toward safer petfood, animal feed and human food -- and toward clarity for producers of those products. On June 21, a US federal court ordered the Food and Drug Administration (FDA) to complete the new food safety regulations of the 2011 Food Safety Modernization Act (FSMA) by November 30 of this year.
Pet Food Market
Why consumers are worrying more about petfood safety
US consumers are increasingly concerned about food safety -- and, by extension, petfood safety, since so many pet owners treats their pets like family members. As many as 17% of consumers have stopped buying a specific human food or brand because of a certain safety concern, according to IFIC (as reported in Food Technology magazine by A. Elizabeth Sloan, contributing editor).
Pet Food Market
Defining breakthrough innovation in petfood product development
Only about 10% of the 30,000 new product concepts developed in the US each year achieve success in the marketplace, according to Nielsen. So why do so many companies, including petfood and treat manufacturers, continue to pour so much R&D money into new product development?
Pet Food Market
FSMA means ‘seismic shift’ in food and petfood safety
Ever since the Food Safety Modernization Act (FSMA) was signed into law in January 2011, we have heard that it represents the most significant change to US food safety law for decades, or variations on that theme. I’ve seen descriptions ranging from “fundamental overhaul” to “historic revolution.” For the petfood industry, one reason FSMA signals such a substantial change is that for the first time, many food safety regulations and practices that have been required of human food will now also apply to animal feed (including petfood).
Pet Food Market
What does latest big petfood company merger mean for the industry?
It's become almost a cliche to characterize the petfood and pet care markets as "recession resilient," but the fact is, these industries have weathered the strong economic headwinds of the past five years better than most consumer goods industries, with continued global annual growth of about 4%. That fact has not gone unnoticed by investment funds and the overall private equity community, as noted by Pets International magazine and Cascadia Capital, an independent investment bank that includes petfood and other pet product companies among its investments and transactions.
Pet Food Market
What it takes to innovate with petfood product development
Are your petfood products truly innovative? Do you have a system for product development in your company? While those two concepts might seem contradictory -- innovation and systems -- they must go hand in hand to ensure robust new product development, according to Jeff Johnston, VP of research and innovation for Champion Petfoods.
Pet Food Market
Pet owner behavior's influence on pet weight and obesity
The UK Pet Food Manufacturers Association (PFMA) is taking a proactive step to address the growing problem of pet obesity: The organization is reaching out directly to UK pet owners with a "Weigh in Wednesday" campaign, complete with online tools, to educate owners on identifying their pets' body condition and working toward getting the pets to ideal weight and condition.
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