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Pet Food Market
Market Trends and Reports: Page 14
Central/Western/Southern Asia
Indian pet food market dominated by dogs; Cats distant 2nd
The world’s most populous country also has a growing pet population and a pet food market to provide nutrition for those companion animals.
Latin America/Carribean
Requirements for exporting US pet food to Panama
Panamanian pet owners may perceive U.S. pet food as high quality, wholesome and reliable, which has resulted in continuous growth in demand.
Market Trends and Reports
Purina grew at low single-digits in first 9-months of 2024
Premium brands Purina ProPlan, Purina ONE and Fancy Feast drove much of this growth with continued sales momentum.
Adventures in Pet Food
Pet food inflation update: Prices still declining monthly
Month to month, pet food prices in the U.S. continue to decrease, though they’re still higher than three to five years ago due to inflation’s cumulative effects.
Market Trends and Reports
Report: 7 top growth segments in pet food and treats
Research from OC&C Strategy Consultants noted protein and clean ingredient trends will drive the growth of single-ingredient product formats.
Europe
7 top German pet food companies in 2023
In 2023, the German pet care market rose to a record high of 7 billion Euros (US$7.55 billion).
Adventures in Pet Food
Consumer mindsets in late 2024: Determined and intentional
A new global consumer study assessing current financial outlooks and purchasing habits may offer insights for pet food companies on their pet-owning customers.
Pet Ownership Statistics
Study: More men than women own cats
The most recent Mars' pet parent study shows cat ownership is more common than dog ownership globally.
Market Trends and Reports
Mars Petcare investing US$1 billion in online presence, AI
With a US$1 billion investment, Mars aims to double digital sales by 2030 from today’s level.
Market Trends and Reports
East and Gulf Coast ports reopen with tentative agreement to end strike
The agreement extends the labor contract until January 15, 2025, allowing continued negotiations.
Adventures in Pet Food
US pet owners spent 17.6% more on pet food in 2023
Households of all income levels increased their pet food spending, while changes varied among different age groups, with some up and some down.
Adventures in Pet Food
Spotlight on Brazilian pet food market: Strong and growing
With the second largest pet food production volume globally and opportunities to grow, Brazil is fueled by innovative companies focused on safety and social causes.
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