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Pet Food Market
Inspired Pet Nutrition acquires Butcher's Pet Care
The combined group will have sales in excess of £350 million (US$461.7 million).
BPC is said to be one of the UK’s leading wet pet food manufacturers, providing wet dog and cat food products under three brands.
Trending: Pet Food Podcast
EPISODE 68: What is the importance of conducting market research?
Kristy Boulos, COO of Matrix Partners, stresses the importance of market research in branding pet products to understand consumer needs and stand out from competitors on this episode of Trending: Pet Food.
Episode 68 Sound Cloud Cover Art 800x800 Kristy Boulos
Pet Food Market
July 2024: Pet prices up 0.1% as inflation falls to 2.9%
This is the lowest year-over-year inflation rate since 2.5% in March 2021.
Pfi cat Paw On Money
Pet Food Ingredients
Above Food expands plant-based pet food ingredients with acquisition
With the acquisition of The Redwood Group, Above Food said it can extend its pet food business to approximately US$110M of combined company revenues on a proforma basis.
TRG's ingredients include grains, cereals, oilseeds, pulses and other alternative sources of protein.
East Asia
South Korean pet food imports drop in 2023, despite sales growth
In 2022, the market size for dog and cat food reached KRW 1.69 trillion (US$1,308 million), representing a 71% increase from 2017's KRW 988 billion (US$874 million).
Dall·e 2024 08 21 12 33 40 A Detailed Landscape Oil Painting Of A Joyful Senior South Korean Woman Playing With Her Pet Sapsali Dog In A Dog Park In Seoul The Scene Captures A
Market Trends and Reports
BARK revenue hits US$116.2 million in Q1 FY25
BARK, Inc., a global omnichannel dog food and other products brand, announced its financial results for the fiscal first quarter ended June 30, 2024.
Dall·e 2024 08 21 12 41 29 A Highly Detailed Bronze Statue Of A Barking Dog, Positioned Prominently On Wall Street The Dog Is Depicted Mid Bark, With Its Mouth Open And Head Sl
Pet Food Market
Pet food imports into Russia decline 40%
Experts attribute the drop to a variety of factors, including government restrictions, increased domestic pet food production and payment difficulties.
Fintastique Dreamstime com Russia Map On Russia Flag
Pet Food Company Profiles
Natural Farm: 100% natural pet treats, chews, bones
Natural Farm’s owner couldn’t find the treats and chews he wanted for his own dog, so he launched himself into the pet treats space determined to make his own.
Natural Farm aims to offer all-natural treats, chews and bones to dogs that won’t break the bank. Pictured: Happy customers Shiba Inu Alibi, Lab mix Luna and Husky mix Maisy.
Australia/Pacific
What a treat: Asia-Pacific's US$6 billion pet treats market
Demand growing in region as pet parents spend on premium products
Pet ownership in the Asia-Pacific region continues to grow, leading to plenty of opportunities for the pet treats market there.
Adventures in Pet Food
State of pet food innovation: Novel product launches down
The number of truly novel new pet food and treat launches has fallen globally and in the U.S., according to data, yet opportunities to innovate remain.
Ognjen Djokic Dreamstime com Stainless Bowl Empty
Pet Food News
Nulo cold-pressed pet food fills price gap
Company said its Cold Pressed line is designed to fit the cost space between conventional premium kibble and freeze-dried raw products.
Cold-pressed technology involves rapidly chilling raw food ingredients to 30 degrees then compressing to form a nutrient dense nugget.
Market Trends and Reports
Mexican pet food market reaches US$7.7 billion
More than 200 businesses manufacture or market pet food in the country and are projected to increase production of pet food by 2.5% per year through 2030.
Susan Schmitz Corund Fotolia com Mexico Pet Market
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