Market Trends and Reports: Page 19

Market Trends and Reports
US pet food sales: Units and volume catching up to dollars
New U.S. pet food sales data from NielsenIQ, presented during KibbleCon 2024, indicate changes in dollar, unit and volume growth rates to date in 2024.
Newer pet food formats like freeze dried are growing at higher rates than more traditional types, though from much smaller sales bases.
Market Trends and Reports
Survey: Pet population increases, pet spending declines
Results from 2024 AVMA Pet Ownership and Demographic survey showed the percentage of U.S. households that own dogs and cats have increased steadily.
According to the AVMA survey, dog owners spent less overall on their pets this year compared to 2023 while cat owners spent slightly more than they did in 2023.
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.
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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.
Dall·e 2024 10 21 15 53 54 A Cargo Ship Loaded With Pet Food Containers Is Passing Through The Panama Canal The Ship Is Large, With Stacks Of Colorful Containers Labeled With P
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.
Dall·e 2024 08 21 12 41 29 A Highly Detailed Bronze Statue Of A Barking Dog, Positioned Prominently On Wall Street The Dog Is Depicted Mid Bark, With Its Mouth Open And Head Sl
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.
Aslan Alphan I Stock com Inflation Concept Image With Money
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.
A report from OC&C said there is increasing popularity of single-ingredient pet food products, especially in treats.
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).
Dall·e 2024 05 21 09 44 27 An Image In The Style Of Der Blaue Reiter, Featuring Three Cats The Design Should Include Vibrant, Vivid Colors And Dynamic Compositions Typical Of T
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.
Vlg I Stock Photo com Young Man Shopping Petfood Store
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.
According to a recent Mars survey, pet parents are devoted to their pets, with more than one-third (37%) of dog and cat owners considering their pets the most important thing in their lives.
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.
If William Gibson's 'Neuromancer' had been written about dogs...
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.
Container 4675851 1280
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