Market Trends and Reports: Page 23

Adventures in Pet Food

U.S. private label pet food sales: Still small but soaring

Though the U.S. has long lagged behind Europe in private label pet food sales and market share, those sales continue to grow amid ongoing pet food inflation.

Brand Insights

Food Safety Training That Delivers Global Impact

Intralox

Master hygienic design, sanitation essentials, and environmental monitoring through CFS Institute’s expert-led, in-person and blended learning programs worldwide.

Market Trends and Reports

BRF pet food grew 1.8% in Q4 2023, superpremium brands led

Superpremium brands Biofresh and Guabi Natural expanded their share of pet sales in 2023 compared to the previous year.

Market Trends and Reports

J.M. Smucker pet food sales down 40% in Q1 FY24

If one excludes net sales in the prior year related to the pet food brands the company sold, net sales actually increased.

Market Trends and Reports

New facility boosting Hill’s Pet Nutrition wet pet food innovation

The Tonganoxie plant opened in 2023. The facility increased the company's production capacity and provided a runway for the expansion of Hill's Science Diet and Prescription Diet brands.

Pet Food Market

Blue Buffalo to build warehouse in Kansas, create 103 jobs

General Mills’ pet division had an annual revenue of US$2,300,000,000 in 2022.

Market Trends and Reports

Blue Buffalo volume sales resumed growth in early 2024

This growth in Blue Buffalo’s Life Protection recipe may be part of a larger wave of growth for General Mills’ pet foods, now that some supply chain challenges have receded.

Market Trends and Reports

Purina PetCare sales hit US$21.47 billion in 2023

By product category, Purina PetCare was the largest contributor to Nestle’s organic growth, with strong momentum across all channels.

Market Trends and Reports

2 brands led J.M. Smucker pet division to US$1.5 billion in FY23

The company plans to continue developing the Milk-Bone brand while latching on to the pet product humanization trend by including Jiff peanut butter in a dog treat to be released later this year.

Market Report

Sales performance, growth prospects in US pet food

The trends are shifting in terms of pet ownership and pet food sales influences.

Adventures in Pet Food

Why pet food inflation persists (hint: producer prices)

Dog and cat food producer costs in the U.S. have remained stable since March 2023, but unfortunately, they are up 28% since 2021 and more than 30% since 2019.

Market Trends and Reports

Report: E-commerce pet subscription services altering shopping patterns

This recent study from PYMNTS indicates a shift toward more convenient and automated ways of obtaining pet supplies, driven by the ease and predictability offered by subscription-based models.

Sustainable Dog and Cat Food

More sustainable pet food protein options in Asia Pacific

2023’s growth in available pet food proteins for consumers underscore increasing demand.

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