Market Trends and Reports: Page 2

Pet Ownership Statistics
Graph: Cats and dogs lead US pet ownership growth 2023-2025
U.S. households reported ownership of approximately 68 million dogs, up from 65.1 million in the 2023-2024 survey.
Chat Gpt Image Jun 6, 2025, 11 49 06 Am
Brand Insights
Pet Food Manufacturer Thinks Outside the Box with EDL’s Double Tight Wrap Machine
EDL, as Massman Company
EDL Double Tight Wrap shrink wrapping machines use two perpendicular bands of LDPE film to tightly unitize and totally enclose a product or collation. 
Pet Food Manufacturer Thinks Outside the Box with EDL’s Double Tight Wrap Machine
Global Commerce
Global pet care market at US$200 billion in 2024; Cats rising
The twin trends of humanization and premiumization may continue to spread in the pet food market as similar demographic pressures drive pet ownership growth worldwide.
Chat Gpt Image Jun 3, 2025, 10 19 45 Am
Market Trends and Reports
Study: Most pet owners underestimate lifetime care costs
Synchrony’s 2025 Lifetime of Care Study finds pet care costs have risen significantly since 2022, with most owners unprepared for the financial reality.
According to the study, 74% of pet owners said they have faced unexpected pet care costs exceeding $250, while only 31% of pet owners admitted they can comfortably manage a major pet expense.
Market Trends and Reports
Report: U.S. pet food inflation cools, spending shifts to lower-cost options
New data from the Bank of America Institute shows flat pet food inflation but continued growth in vet and pet service costs, with younger, lower-income pet owners feeling the strain.
This latest report noted the price of pet food and pet services rose sharply over the last five years according to Bureau of Labor Statistics (BLS) consumer price data.
Market Trends and Reports
Survey: Majority of pet owners now celebrate pets’ birthdays
New UK survey data finds 64% of pet owners mark pets’ birthdays with gifts, cards or parties — especially younger generations and small animal owners.
A recent survey by online great card company Moonpig revealed that almost two-thirds (64%) of pet owners celebrate their pets' birthdays each year.
Pet Food Ingredients
Marine ingredients double in pet food formulations while driving 262% value increase
New industry report from IFEEDER shows a shift toward premium ingredients led by marine products, with overall ingredient values rising 91% despite minimal volume growth.
Marine ingredients now command the highest value in pet food formulations despite representing only 5% of total ingredient usage.
Trending: Pet Food Podcast
EPISODE 86: Why does the human-animal bond matter to the pet industry?
On this Trending: Pet Food podcast, Dr. Tammie King discusses how the PAWS program explores the biological mechanisms behind human-animal bonds and their impact on mental health and wellbeing.
Sound Cloud Cover Art 800x800 Tammie King
Market Trends and Reports
Study: Dog owners willing to pay more for food labeled with health claims
University researchers analyzed dog food pricing to reveal which health-related attributes command higher costs — and what that means for brands and buyers.
In the pet food aisle, health and wellness products are becoming increasingly important in shaping customer purchasing behaviors.
Central/Western/Southern Asia
Nestle invests in Indian pet food brand Drools
Nestle stated that this was only a financial investment by the company and that Drools would remain strategically and operationally independent
A Mosaic Of A Labrador Retriever Made From Indian Coins
Market Trends and Reports
Report: Pet wellness market driven by personalization, science-backed nutrition
Pet owners worldwide now view nutrition as the cornerstone of animal health, with 78% seeking products that may extend pet lifespan, according to ADM's 2025 global insights study.
Pet owners increasingly view nutrition as the foundation of their animals' health, setting the stage for a growing market of wellness-related pet products.
Pet Food Ingredients
Trends in novel proteins: What pet parents will pay for
New research reveals which consumer segments are most receptive to insect proteins, cultivated meat and invasive species in dog and cat foods.
Survey data shows dog parents (70%) are more willing than cat owners to try novel proteins.
Central/Western/Southern Asia
Saudi Arabian pet food market shifts as pet dogs rise
Cats have always had a place in the Saudi pet market. However, dogs were historically less accepted as pets.
Al-Qatt Al-Asiri painting of a puppy
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