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Pet Food Market
Market Trends and Reports: Page 9
U.S. and Canada
45 US pet food companies' revenues in 2024
Although dogs have long been the main drivers of US pet food industry growth, that may be changing. Cats may now be the top dog.
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.
Europe
52 European pet food companies' annual revenues 2024
Mergers and acquisitions were a prominent force in Europe last year, as was the slow but steady rise in pet ownership.
Europe
Chart: Top 10 European pet food companies by 2024 revenue
With a growing pet population and robust business environment, European pet food companies may continue growing in 2025 despite tariffs, military conflicts and other macroeconomic challenges.
Latest News
Freshpet net sales up 12.5% to US$264.7 million in Q2 2025
Net sales increased 15.0% to $527.9 million for the first six months of 2025 compared to $459.1 million in the prior year period.
Top Pet Food Companies
Chart: Top 20 pet food companies 2024; Purina, Mars still dominate
Nestle Purina PetCare and Mars Petcare continue to have the largest annual revenues, as do U.S.-based companies overall.
Market Trends and Reports
Hill's report shows financial barriers drive shelter overpopulation
Despite high adoption interest, vet costs and financial concerns remain primary obstacles to potential pet parents.
Global Commerce
Stability, uncertainty co-exist in current pet markets
With 2025 shaping up to be a significantly economically difficult year, it’s hard to figure out exactly where pet food will fall for consumers.
Market Report
The veterinary profession and pet food
Traditionally, veterinarians have not been provided with nutritional education that matches pet owner expectations.
Pet Food Ingredients
Salmon: The top marine product for pet food
While marine products as a whole have their place in pet food, salmon is the true star when it comes to this ingredient segment.
Global Commerce
Purina PetCare sales down in H1 2025, but still growing
Purina PetCare remained a top contributor to Nestlé's profitability, with steady margins and positive volume growth despite a slowing pet food category.
Market Trends and Reports
Survey: Despite economic pressures, consumer spending priorities favor pets
Consumer research indicates pet food and product purchasing continues to outpace personal spending despite broader financial constraints.
Something to Chew on
What role is M&A playing in pet food growth?
Pet food merger and acquisition activity has continued to slow, at least in the U.S., likely due to economic uncertainty driven by global trade tensions.
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