Global Commerce

Market Trends and Reports

Pet owners in South Korea brace for higher "petflation" this year

South Korea's pet owners face rising costs across food, care and veterinary services as petflation outpaces earlier industry benchmarks.

Pet Food Market

North American pet food market projected to hit $36.62B by 2031

A new Growth Market Report forecasts steady expansion driven by premiumization, functional formulations and personalized nutrition.

Global Commerce

Purina PetCare remained growth engine for Nestlé in 2025

In the 2025 Annual Review, Purina PetCare was Nestle’s second-largest category after powdered and liquid beverages. Purina generated roughly one-fifth of company revenue in 2025.

Pet Food News

Pure Treats acquires Primal Pet Foods

Deal reunites Primal Pet Foods with independent ownership and expands PureBites' freeze-dried and raw pet food manufacturing footprint.

Pet Food Palatability

In-demand texturized pet food excites Asia Pacific's ingredients market

Asia Pacific's pet food texture ingredients market is forecast to nearly double by 2030, driven by premiumization trends and growing consumer demand for sensory-rich pet food experiences.

East Asia

Philippines' Aboitiz's pet food business to benefit after Diasham purchase

The January purchase of Singaporean firm Diasham Resources Pte. Ltd. by Philippine-based Aboitiz Foods is expected to boost the latter's pet food business on different levels.

Global Commerce

Latin America pet care market to reach $18.88B by 2033

A projection from the IMARC Group said the pet care market will grow at 5.79% CAGR through 2033, driven by rising pet ownership and disposable incomes.

Global Commerce

Pet Food Institute receives $1.35 million in MAP funding

Funding will support U.S. pet food export activities across 19 countries in 2026.

Pet Food Market

PRISM MarketView introduces index tracking for pet industry

The PRISM PetCare Index monitors publicly traded firms in pet nutrition, veterinary services, pharmaceuticals and retail.

Global Commerce

India pet food market expects double-digit growth through 2032

Rising pet humanization and premium nutrition demand drive rapid growth.

Pet Food News

DSM-Firmenich to divest Animal Nutrition & Health to CVC Capital Partners

Move marks the final strategic step for DSM-Firmenich to become a fully focused consumer company active in nutrition, health and beauty.

Global Commerce

South Korea extends pet food import requirement deadline

The grace period for complying with new import health requirements has been extended by two years.

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