Latest News: Page 57

Pet food inflation increased to 2.0% in June, report finds

The slight rise is still 33% below the National rate.

Pfi dog Calculator Coins Money Credit Cards Debt

Market Trends and Reports

Annual revenues of 11 top UK pet food companies in 2023

Like pet owners in many other regions, UK consumers increasingly seek natural, organic and ethically sourced ingredients, following human food trends.

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Market Trends and Reports

S&P500 outperforms major pet food companies in past year

One pet food company in a stock market index beat the S&P500, increasing nearly 80%.

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Insect protein producer to hire employees for new factory

The production facility was built under an investment worth about PLN 12 million (US$3 million).

New partnership brings cultivated fish to pet food market

Friends & Family Pet Food and UMAMI Bioworks come together to launch cultivated fish cat treats.

Top Pet Food Companies

8 top Canadian pet food companies’ revenues in 2023

The Canadian pet food industry fuels the growth of domestic businesses.

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Pet Food Processing

Freeze-dried, air-dried, baked, fresh pet foods grew more than 20%

Four alternative pet food formats have grown more than 20%, compared to kibble’s 2% to 4% in recent years.

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Pets Choice acquires HOWND to extend into premium sector

HOWND offers a comprehensive range of plant-based wet and dry dog food, wellness treats and cruelty-free certified pet care products.

Pet Food Marketing and Branding

Open Farm achieves B Corp certification

A certified B Corporation is a for-profit company that has been verified by B Lab, a non-profit organization, to meet high standards for social and environmental performance, transparency and accountability.

B Corps are different from traditional corporations, which prioritize financial profitability, and instead look at the triple bottom line to use business to address social and environmental problems.

Pet Food Marketing and Branding

3 health claims on higher priced dog food, 3 on lower

Scientists identified three attributes associated with price premiums and three with price discounts.

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Vetnique Labs acquires pet supplement producer

Acquiring Lintbells, known for its dog supplement brand YuMove, significantly expands the company's pet products portfolio.

YuMOVE offers a joint mobility supplement for dogs and cats and as well as supplements that support digestive health, anxiety, dermatological and dental needs.

Insect-based Cat and Dog Food

Real Pet Food launches Australia's first pet food with BSF protein

Real Pet Food Co. said it has taken a significant step toward sustainable pet nutrition with its Billy + Margot Insect Single Protein + Superfoods product.

Real Pet Food Co. has obtained Australia's first permit to import Black Soldier Fly meal.

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