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Pet Food News: Page 98
Market Trends and Reports
US pet food sales at US$64.4 billion in 2023, ‘a little disappointing’
Although pet care sales grew less than in previous years, analysts nevertheless forecast pet care to continue growing in the coming decade and outpace other segments of the fast-moving consumer goods category.
Pet Food Marketing and Branding
AI-powered dog food vending machine debuts in Finland
The innovative vending machine from Hau-Hau Champion uses AI-powered facial recognition software and disinfectant blue light technology.
Pet Food Market
Partner in Pet Food targeted by private equity in joint bid
Partner in Pet Food
Advent International and CVC Capital have joined together to acquire PPF, a Hungary-based manufacturer of pet food.
Production
Muenster Milling opens freeze-dried pet food facility in Denton, Texas
The 120,000-square-foot facility includes raw meat processing capabilities that can produce various protein blends and nutritional profiles.
Global Pet Food Trends by Region
Global differences in pet food purchasing channels
Worldwide, pet owners may continue diversifing their pet food buying channels, looking for the brands they want at affordable prices.
Production
Canadian pet treat producer expands Nashville, North Carolina, facility
The Crump Group will invest $85 million into state-of-the-art technologies and processes to bolster the company’s production capacity.
Pet Food Additives/Supplements
Pet Releaf launches non-CBD line of supplements
Pet Releaf
A plant-based pet CBD brand, Pet Releaf shared its first non-hemp-based supplements during 2024 Global Pet Expo in Orlando last week.
Pet Food Marketing and Branding
Pet food innovation rate down, but new product value up
Although the new product pipeline slowed in 2020, that smaller quantity of new pet consumables brings in more profits.
Pet Food News
New Zealand Riverland Foods opens $21 million plant in Christchurch
Riverland's state-of-the-art facility will specialize in co-manufacturing wet diets and produce up to 30 million cans of pet food annually.
Market Trends and Reports
Pet product paradigm shift: Target Gen Z trends to increase market impact
Although Millennials remain the largest pet owning generation, Gen Z is changing the way owners want to learn about and purchase pet products, noted the American Pet Products Association's latest Strategic Insights Report for 2024.
Pet Food Marketing and Branding
Cat food, treat innovation rises in 2024 with health focus
Numerous cat consumables were displayed in Global Pet Expo’s new products showcase as cat owner spending grows faster than dog in the U.S.
Pet Food News
Vafo introduces super-premium cat treats
Brit Care Cat RAW Treats are natural and free from artificial preservatives, flavors, colorants and added salt.
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