News & Newsletters: Page 248

Pet Food Press Releases
Montego acquires distribution facilities
Montego adds new facilities.
Pet Food Market
Global pet food growth, innovation on display at Interzoo
The pet food market has kept succeeding throughout the pandemic, spurred on by growing interests and categories like sustainability and insect protein.
Pet food and treat packages featuring fun, whimsical illustrations were plentiful at Interzoo 2022.
Pet Food Market
Petcurean to produce in United Petfoods' facilities
Learn how Petcurean gained access to United Petfood’s production facilities in Europe. Petcurean’s recipes will be delivered throughout Europe from these facilities starting in autumn 2022.
AAFCO’s Mid-Year Meeting had a full docket of topics to cover in various committees. | (monkeybusinessimages | iStock.com)
Pet Food News
Top pet food trends: Pet health, sustainability, premium
Current pet food trends of focusing on pet health, demanding transparency in sustainability and merging humanization with premiumization will continue strong.
Health and wellness will be among the top concerns for pet owners going into 2021. Yuttana Jaowattana | Shutterstock.com
Pet Food Market
Purina Petcare 5-year growth at 7.5%; Few Nestle pet M&As
Science-based and premium brands, such as Purina Pro Plan, Fancy Feast, and Purina ONE, contributed the most to this growth, as did veterinary products. Sales volume increases contributed 9.4% to growth, while 3.4% was attributable to pricing.
The pet food market has withstood economic downturns since at least the 1990s, perhaps even back to the 1970s.| (ramcreations | Shutterstock.com)
Pet Food Market
Do pet food manufacturers profit from price increases?
Pet food producers’ cost structures, material sourcing and market power may help explain who wins or loses in the current inflationary situation.
GeorgeRudy.Image, BigStockPhoto.com
Pet Food News
Polish hemp company to launch CBD oil-based dog treats
Thanks to record-breaking crowdfunding, Kombinat Konopny will be able to launch CBD-based dog treats and other pet products in Poland, then other markets.
Poland’s Kombinat Konopny specializes in hemp-based products from its own plantations and aims to add dog treats and other pet products to its portfolio.
Pet Food News
3 options for insect-based pet food ingredients
Among the millions of insect species on Earth, arthropod agriculture has adopted only a few types. Black soldier fly larvae (BSFL), crickets and mealworms are among those few insects raised for use as pet food ingredients.
(Hamsterman , BigStock.com)
Pet Food Press Releases
Better Choice Company launches Halo Elevate
Better Choice Company launches Halo Elevate.
Pet Food Market
Pet food industry stock market revenue peaked in June 2021
Pet food industry stocks in one bank’s index grew by 16.2% in 2021, compared to 9.8% in the prior year. Overall, established pet food industry companies yielded higher earnings per share than emerging businesses.
(Kir2 | BigStock.com)
Pet Food Press Releases
Phileo announces upcoming microbiota event
Phileo to hold microbiota conference.
Pet Food Press Releases
Clayton, Dubilier & Rice to acquire Covetrus
Clayton, Dubilier & Rice to acquire Covetrus.
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