News & Newsletters: Page 174

Market Trends and Reports

3 traits investors look for in pet food companies

The pet food industry may provide multiple opportunities for investors to create long-term growth, value and differentiation.

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Pet Food Market

Pet MD Brands finalizes Riley's acquisition

Through this US$7.5 million acquisition, the company has established a presence in the fast-growing organic treats market for dogs in the U.S.

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Insect-based Cat and Dog Food

Ÿnsect mealworm protein for dog food authorized in US

It is the first time that mealworm-based ingredients for pet foods have been authorized for use in the U.S.

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Pet Food Market

Argentine pet food industry faces uncertainty amid export tax proposal

An escalation in export duties could compel local manufacturers to reconsider expansion plans and innovation strategies, potentially stifling the industry's entrepreneurial spirit.

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Insect-based Cat and Dog Food

Cat owners more accepting of unseen insect-based ingredients

In a survey, the majority of survey respondents were willing to feed cat foods and treats containing insects to their pets, but the form of the insect-based ingredients mattered.

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Protix to build new production plant in Poland

European Investment Bank supports construction with loan.

Pet Ownership Statistics

Pet shelter adoptions down July-December 2023 vs. 2022

If the decline in adoption rates corresponds to the United States pet ownership peaking, it could mean difficulties for the pet food industry.

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Nestlé Purina, Farm Bureau name Farm Dog of the Year

NestléPurina PetCare and the American Farm Bureau Federation have named Skippy, a 4-year-old mixed breed, as the 2024 Farm Dog of the Year.

Skippy, a 4-year-old mixed breed was named the winner of the 2024 Farm Dog of the Year award.

ADM appoints interim CFO amid accounting investigation

Ismael Roig replaces Vikram Luthar until an investigation into accounting practices within ADM's Nutrition reporting segment concludes.

Pet Food Market

Eastern Europe pet food industry stands firm despite inflation pressure

Soaring food prices have failed to tangibly impact consumer behavior of pet parents in Eastern Europe, while pet food manufacturers enjoy strong demand and bright export opportunities, including outside the EU.

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Pet Food Market

GFI invests $12.3M in its pet food division

Global Food and Ingredients has raised $11.8 million for its pet food division, Big Sky Milling Inc., as well as injected $0.5 million into its core ingredients division.

Parker Freeze Dry opens new facility in South Dakota

New 130,000-square-foot facility in Beresford offers state-of-the-art equipment to expand current capabilities.

Parker Freeze Dry New Facility In South Dakota

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