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Top Story: Page 18
Pet Food Market
India pet food market will double to reach $1.98 billion by 2030
The market is also seeing a trend toward natural and organic pet food, driven by increasing health consciousness among pet owners.
Market Trends and Reports
Study: 43% of Americans prefer pets over children
A new report from the Harris Poll said many Gen Z and Millennials feel pets are easier to care for and come with fewer financial burdens.
News Hound
Farmed insect welfare affects pet food ingredient production
Pet owners tend to show concern for animal welfare overall. Ethical treatment of insects could differentiate a pet food brand.
Market Trends and Reports
Report: E-commerce pet food sales projected to surpass US$21B in 2024
E-commerce continues to dominate the U.S. pet food market due to ongoing shifts in consumer buying habits and strong competition from platforms like Amazon.
Sustainable Dog and Cat Food
Bacterial protein allows sustainability, ethical claims for pet food
With sustainability and ethical credentials, proteins produced through bacterial fermentation may continue their market growth and acceptance.
Research Notes
Live and dead bacteria similarly benefited dog health
In a study using the bacteria Bifidobacterium animalis, both the living and dead forms of the bacteria had beneficial effects on dogs’ health.
Market Trends and Reports
Survey: Pet population increases, pet spending declines
Results from 2024 AVMA Pet Ownership and Demographic survey showed the percentage of U.S. households that own dogs and cats have increased steadily.
Central/Western/Southern Asia
Indian pet food market dominated by dogs; Cats distant 2nd
The world’s most populous country also has a growing pet population and a pet food market to provide nutrition for those companion animals.
Latin America/Carribean
Requirements for exporting US pet food to Panama
Panamanian pet owners may perceive U.S. pet food as high quality, wholesome and reliable, which has resulted in continuous growth in demand.
Market Trends and Reports
Purina grew at low single-digits in first 9-months of 2024
Premium brands Purina ProPlan, Purina ONE and Fancy Feast drove much of this growth with continued sales momentum.
Raw Cat and Dog Food
3 reasons pet owners stop feeding raw meat-based dog food
A study examined the experiences of dog owners who initially adopted raw meat-based diets and then discontinued their use.
Adventures in Pet Food
Consumer mindsets in late 2024: Determined and intentional
A new global consumer study assessing current financial outlooks and purchasing habits may offer insights for pet food companies on their pet-owning customers.
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