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Latin America/Carribean
Brazil, Chile, Argentina top 11 South American pet food companies 2024
Although not one of the top export markets for Brazilian pet food, U.S. trade grabbed headlines more recently with the onset of tariffs.
Pet Food Additives/Supplements
Report: Pet probiotics market to reach US$3B by 2033
Market expected to grow at 7.4% compound annual growth rate driven by increased focus on pet gut health.
Europe
52 European pet food companies' annual revenues 2024
Mergers and acquisitions were a prominent force in Europe last year, as was the slow but steady rise in pet ownership.
Europe
Chart: Top 10 European pet food companies by 2024 revenue
With a growing pet population and robust business environment, European pet food companies may continue growing in 2025 despite tariffs, military conflicts and other macroeconomic challenges.
Latest News
Freshpet net sales up 12.5% to US$264.7 million in Q2 2025
Net sales increased 15.0% to $527.9 million for the first six months of 2025 compared to $459.1 million in the prior year period.
Research Notes
Cell-cultured chicken from yeast benefited dogs’ health
Not only did dogs get their required amino acids, but the dogs experienced beneficial changes in their digestion and gut microbiome.
Top Pet Food Companies
Chart: Top 20 pet food companies 2024; Purina, Mars still dominate
Nestle Purina PetCare and Mars Petcare continue to have the largest annual revenues, as do U.S.-based companies overall.
Insect-based Cat and Dog Food
Black soldier fly larvae oil in dog food lowered palatability, digestibility
While black soldier fly larvae oil offers some advantages, such as a high lauric acid content and environmental claims, it may not be a perfect replacement for poultry fat.
Pet Food Ingredients
Fermented pea starch boosted microbiome in dog food, palatability in cat food
Incorporating pea starch into diets showed benefits for metabolic health in both dogs and cats, and fermenting the starch with
Candida utilis
yeast offered additional gut microbiome advantages for dogs and improved palatability for cats.
Global Commerce
Purina PetCare sales down in H1 2025, but still growing
Purina PetCare remained a top contributor to Nestlé's profitability, with steady margins and positive volume growth despite a slowing pet food category.
Global Commerce
Pet food stocks recovered in 2024 from post-pandemic dip
While growth has moderated from pandemic-era highs, profitability and operational improvements have helped many companies outperform broader consumer staples and discretionary sectors.
Pet Food Market
Pet food prices drop as overall 'petflation' slows to 2.1% in June
Pet food prices actually fell 0.3% compared to last year while overall pet inflation cooled to 2.1%, providing some relief to pet owners who have been squeezed by years of rising costs.
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