Market Trends and Reports: Page 59

Pet Food Market

U.S. pet food inflation passes Consumer Price Index again

Pet food inflation beat out the overall CPI for the second month in a row, reaching 10.3% in June 2022 versus 9.1% for the CPI, itself a 40-year-high.

Brand Insights

Rethink minerals to boost pet health and build lasting loyalty

Zinpro®

What if essential nutrients already required in pet diets could become your brand’s key differentiator? See how to get a competitive edge with pet-proven performance minerals.

Pet Food Market

Purina plans pet food facility expansion in Wisconsin, USA

Purina projects that the expansion will need at least 75 new full-time employees with average starting wages of US$25 per hour or more.

Pet Food Market

Why brands matter to consumers (including pet owners)

Pet food brands, especially smaller ones, can benefit from understanding and meeting the needs and expectations consumers have for product brands.

Pet Food Market

Private equity group to buy Voff Premium Pet Food

In February, Voff acquired Aristo Oy, a Finnish manufacturer of natural chews and treats with sales spanning across Scandanavia.

Pet Food Market

Pakistani pet food market in turmoil from import ban

The Pakistani pet food market has been growing by double digits a year, but a new ban on imported products is leading to price hikes and could slow growth.

Pet Food Market

General Mills profits from Tyson pet treats buy in FY22

Blue Buffalo’s parent company, General Mills, reached US$610 million in fourth-quarter net sales for its pet segment in fiscal year 2022, an increase of 37%.

Pet Food News

5 Petfood Industry blogs, columns in June 2022

In June 2022, Petfood Industry’s staff and contributors wrote 5 blogs and columns. These articles covered insect protein, pet food trends, inflation and more.

Pet Food Market

FibreCycle buys Lovitts Australian pet food, products

FibreCycle, a subsidiary of KENT Pet Group, purchased Lovitts, an Australian manufacturer of premium companion animal nutrition, based in Melbourne, Victoria, Australia.

Pet Food Market

Sustainable food, pet food claims follow consumer demand

Pet owners and other consumers increasingly want sustainable products, and pet food and human food brands are responding with corresponding claims.

Pet Food Market

Infographic: Pacific Rim pet food retail sales growth

While the largest pet food markets in Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) nations remained in established markets, some of the fastest growth came in developing markets.

Pet Food Market

Pacific Rim trade group pet food US$17.5 Bil in 2020

Pet owners in Comprehensive and Progressive Agreement for Trans-Pacific Partnership countries spent most of the 2020 total on pet food. Dog and cat food dominated 96.4% of the industry.

Pet Food Market

Is pet food e-commerce growth beginning to slow?

Spring 2022 data may indicate e-commerce fatigue in pet food and other categories, as consumers start to shop in stores more and cope with inflation.

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