Market Trends and Reports: Page 96

Pet Food Market

US pet industry reset: Physical, digital shopping trends

The COVID-19 global pandemic has permanently shifted the way consumers purchase pet food products, with digital purchasing playing a more significant role than ever.

Pet food purchasing patterns have significantly changed as COVID-19 continues to bring in trends ahead of schedule. | (frender | iStock.com)

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Pet Food Market

US pet food exports to China up one year after Phase One

Last year, pet food exports from the United States to China increased under the U.S.-China Phase One Economic and Trade Agreement, which was signed Jan. 2020.

Import Export Us China

Internet searches may provide pet food market snapshot

Information such as searches for dog breeds may give pet food brands insight into breed preferences and, therefore, potential growth opportunities.

The Rottweiler was the most searched for dog breed in 34 countries in 2020. (denisfilm | Bigstock.com)

Pet Food Market

5 insights on China’s pet food market post-2020

Data and observations sum up how the Chinese pet food market fared in 2020, while local pet food businesses and experts offer outlooks for 2021.

(Gang Zhou | iStockPhoto.com)

Pet Food Market

United Petfood acquires UK-based Cambrian Pet Foods

The acquisition strengthens the position of United Petfood as full-service private label pet food producer and gives customers access to a range of inhouse made products.

courtesy Cambrian Pet Foods

UK pet food exports to EU face Brexit challenges

To ensure continuity of trade between the U.K. and EU, in general terms, UK pet food producers who export to the EU or are planning must adapt to changes.

Brexit may have a significant impact on British pet food businesses trying to export their products to other European countries. | (Iryna Kuznetsova | iStock.com)

Pet Food Market

E-commerce leads 2020 channel growth in human, pet spaces

There’s no doubt that the COVID-19 pandemic kicked e-commerce into (perhaps permanent) high gear in 2020 and into 2021, and the pet sector was not immune to this shift.

(Michael Krinke | iStock.com)

Pet Food Market

Pet treats have plenty of room for growth in 2021

Pet owners who made pets their close companions in 2020, alongside a growing focus on both human and animal health, are driving opportunities in the pet treats segment.

Pet treats continue to provide ample growth opportunities for pet food companies who can make their way through the current trends. | (Luiza Kleina | Shutterstock.com)

Pet Food Market

Pandemic resilience spurs pet industry investment boom

Throughout 2021, we can expect to see continued M&A and investment activity in the pet market space.

Throughout 2021, we can expect to see continued M&A and investment activity in the pet market space. | (Monster Ztudio | Shutterstock.com)

Pet Food Market

Is ‘the new normal’ in pet food a myth?

The pet food industry should focus on evolving and innovating to achieve continued success, rather than trying to get back to a "new normal" that may never arrive.

While everyone talks about the “new normal,” the pet food industry would be better served doing what it’s always done: evolving and staying on top of consumer needs. | (A-photographyy | Shutterstock.com)

Pet Food Market

Wet pet food 2.0: Opportunities for innovation, evolution

Cans, pouches, functional formulations, expanded formats: the wet pet food segment has entered a new stage of growth providing opportunity for those in the segment.

Wet pet food continues to grow in popularity as options expand and pet owners desire to diversify their pets’ meals. | (VINCENT SCHERER | iStock.ccom)

Pet Food Market

Category update: pet supplement sales and trends

Pet supplement sales grew in 2020 as pet owners became more concerned with their own health and those of their pets, due in part to COVID-19.

2020 saw a marked increase in pet owner interest when it came to supplementing their pets’ diets with something that may help with a specific ailment or longevity in general. | (Iryna Imago | iStock.com)

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