Market Trends and Reports: Page 40

Pet food market in Central Asia still turbulent

Western sanctions against Russia have been impacting pet food markets in Central Asia that imported products from there.

Pfi central Asia Map

Brand Insights

Plasma: A Multi-Faceted Ingredient Supporting Health, Formula Functionality, and Nutrition in Pet Food

APC Inc

Discover how plasma protein supports pet health, boosts palatability, and improves pet food functionality and processing performance in modern formulations.

Plasma: A Multi-Faceted Ingredient Supporting Health, Formula Functionality, and Nutrition in Pet Food

Mexican cat food sales may double 2022-2028

Growth in wet cat food sales may boost cat food’s retail sales overall to nearly US$1.2 billion in 2028.

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Chinese imports of US pet food hit US$672 mil in 2022

China was the world’s fastest-growing importer of pet foods during the past ten years.

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How Kormotech is growing its pet food business during war

Ukrained-based Kormotech has expanded pet food exports and production despite Russia’s invasion.

Kormotech is investing in its pet food production and storage facilities in Ukraine, Poland and Lithuania, and plans to further strengthen its foothold in foreign markets.

Adventures in Pet Food

Pet food, pet care inflation worldwide continues to fall

Though pet food prices remain stubbornly high in the U.S. and other markets, they seem to be declining, following prices pet food producers and for human food.

Pfi beagle Dog Globe Global Business

Adventures in Pet Food

Telling the US pet food market’s growth story

The U.S. pet food market continues to grow in terms of manufacturing, employment and sales, making significant contributions to the overall economy.

Pfi inflation Concept Image With Money

Consumer choices impact growth of Mexican pet food market

The growth rate is slowing, likely due to pet owner decisions about pet food feeding options.

Pfi web Brown Dog Mexico Queretaro Church Latin America

Pet Food Insights

China presents trade opportunities for US pet food manufacturers

Learn about export opportunities for the U.S. pet food market, with a particular focus on China.

The lifting of trade restrictions and pet growth in China make it a significant opportunity for U.S. pet food exports.

General Mills pet segment up 9% to US$2.5 billion in FY23

Overall, General Mills expects the largest factors impacting its performance in fiscal 2024 will be the economic health of consumers, the moderating rate of input cost inflation, and the increasing stability of the supply chain environment.

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Adventures in Pet Food

Global pet food growth expected to continue at lower rates

Though inflation has slowed pet food growth, the global market is still projected to increase through 2026 in every region and in every product category.

Pfi beagle Dog Globe Global Business

12 top Asia-Pacific pet food companies in 2022

Japan had the most pet food companies listed in Petfood Industry’s Top Pet Food Companies database in 2022 when considering those based in the Asia-Pacific region, including the company with the highest annual revenue.

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16 top Latin American pet food companies in 2022

The most populous nation in South America was home to the four most prosperous Latin American dog, cat and other pet food companies in Petfood Industry’s Top Pet Food Companies database.

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