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Pet Food Market
Market Trends and Reports
Adventures in Pet Food
3 values that drive pet food purchasers
For marketing success, be sure you know your target pet food customer segments and focus more on their values than on their demographics, experts advise.
Brand Insights
Mondi Consumer Insights: Purchasing Trends of Premium Pet Food Consumers
Mondi North America
Learn how emerging trends are influencing purchasing decisions and shaping the future of premium pet food.
Adventures in Pet Food
What is the future for vegan pet food?
A recent spate of vegan pet food innovations, following on earlier announcements, indicates growing excitement and interest for the still nascent category.
Market Trends and Reports
J.M. Smucker sales down US$41.3 million in Q1 FY25, profits up
The Meow-Mix brand increased with the quarter's mid-single-digit net sales and volume/mix growth. Milk-Bone demonstrated net sales growth in soft and chewy snacks.
Latin America/Carribean
Colombian import of US dog, cat food ranks 3rd highest in 2023
The Colombian dog and cat food market experienced 10% year-over-year growth in 2023.
Trending: Pet Food Podcast
EPISODE 68: What is the importance of conducting market research?
Kristy Boulos, COO of Matrix Partners, stresses the importance of market research in branding pet products to understand consumer needs and stand out from competitors on this episode of Trending: Pet Food.
Pet Food Market
July 2024: Pet prices up 0.1% as inflation falls to 2.9%
This is the lowest year-over-year inflation rate since 2.5% in March 2021.
East Asia
South Korean pet food imports drop in 2023, despite sales growth
In 2022, the market size for dog and cat food reached KRW 1.69 trillion (US$1,308 million), representing a 71% increase from 2017's KRW 988 billion (US$874 million).
Market Trends and Reports
BARK revenue hits US$116.2 million in Q1 FY25
BARK, Inc., a global omnichannel dog food and other products brand, announced its financial results for the fiscal first quarter ended June 30, 2024.
Market Trends and Reports
Nutriment makes 3rd and 4th pet food acquisitions of 2024
After the previous acquisitions of Dibo, Barfgold, Aniforte and Haustierkost, PETMAN is now the fifth pet food company in Germany belonging to TNC.
Pet Food News
Pet food imports into Russia decline 40%
Experts attribute the drop to a variety of factors, including government restrictions, increased domestic pet food production and payment difficulties.
Australia/Pacific
What a treat: Asia-Pacific's US$6 billion pet treats market
Demand growing in region as pet parents spend on premium products
Adventures in Pet Food
State of pet food innovation: Novel product launches down
The number of truly novel new pet food and treat launches has fallen globally and in the U.S., according to data, yet opportunities to innovate remain.
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