Market Trends and Reports

Top Pet Food Companies

Chart: Top 20 pet food companies 2024; Purina, Mars still dominate

Nestle Purina PetCare and Mars Petcare continue to have the largest annual revenues, as do U.S.-based companies overall.

Market Trends and Reports

Hill's report shows financial barriers drive shelter overpopulation

Despite high adoption interest, vet costs and financial concerns remain primary obstacles to potential pet parents.

Global Commerce

Stability, uncertainty co-exist in current pet markets

With 2025 shaping up to be a significantly economically difficult year, it’s hard to figure out exactly where pet food will fall for consumers.

Market Report

The veterinary profession and pet food

Traditionally, veterinarians have not been provided with nutritional education that matches pet owner expectations.

Pet Food Ingredients

Salmon: The top marine product for pet food

While marine products as a whole have their place in pet food, salmon is the true star when it comes to this ingredient segment.

Global Commerce

Purina PetCare sales down in H1 2025, but still growing

Purina PetCare remained a top contributor to Nestlé's profitability, with steady margins and positive volume growth despite a slowing pet food category.

Market Trends and Reports

Survey: Despite economic pressures, consumer spending priorities favor pets

Consumer research indicates pet food and product purchasing continues to outpace personal spending despite broader financial constraints.

Something to Chew on

What role is M&A playing in pet food growth?

Pet food merger and acquisition activity has continued to slow, at least in the U.S., likely due to economic uncertainty driven by global trade tensions.

Global Commerce

Pet food stocks recovered in 2024 from post-pandemic dip

While growth has moderated from pandemic-era highs, profitability and operational improvements have helped many companies outperform broader consumer staples and discretionary sectors.

Market Trends and Reports

4 CPG giants dominate pet food market share across price points

Four massive companies outperform across all price points in the pet food market. Mars PetCare and Nestle Purina stand furthest above the competition in market share.

Market Trends and Reports

Private label pet food growth outpaced national brands

With ongoing macroeconomic uncertainty and persistent inflation, consumers may continue shifting towards private-label pet food brands.

Raw Cat and Dog Food

Raw pet food gains ground as consumers gain safety knowledge

As high-pressure processing is better understood by interested pet owners, industry safety standards are becoming established for raw pet food.

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