Pet Food Market: Page 39

East Asia

South Korean pet food imports drop in 2023, despite sales growth

In 2022, the market size for dog and cat food reached KRW 1.69 trillion (US$1,308 million), representing a 71% increase from 2017's KRW 988 billion (US$874 million).

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.

Market Trends and Reports

BARK revenue hits US$116.2 million in Q1 FY25

BARK, Inc., a global omnichannel dog food and other products brand, announced its financial results for the fiscal first quarter ended June 30, 2024.

Market Trends and Reports

Nutriment makes 3rd and 4th pet food acquisitions of 2024

After the previous acquisitions of Dibo, Barfgold, Aniforte and Haustierkost, PETMAN is now the fifth pet food company in Germany belonging to TNC.

Pet Food Market

Pet food imports into Russia decline 40%

Experts attribute the drop to a variety of factors, including government restrictions, increased domestic pet food production and payment difficulties.

Pet Food Market

3 trends observed at SuperZoo 2024

Attending my first SuperZoo in Las Vegas, I saw three themes emerge through conversations and observations on the trade show floor.

Pet Food Company Profiles

Natural Farm: 100% natural pet treats, chews, bones

Natural Farm’s owner couldn’t find the treats and chews he wanted for his own dog, so he launched himself into the pet treats space determined to make his own.

Australia/Pacific

What a treat: Asia-Pacific's US$6 billion pet treats market

Demand growing in region as pet parents spend on premium products

Adventures in Pet Food

State of pet food innovation: Novel product launches down

The number of truly novel new pet food and treat launches has fallen globally and in the U.S., according to data, yet opportunities to innovate remain.

Market Trends and Reports

Mexican pet food market reaches US$7.7 billion

More than 200 businesses manufacture or market pet food in the country and are projected to increase production of pet food by 2.5% per year through 2030.

Something to Chew on

Will high pet treat sales growth soon come down to earth?

Pet treats are popular but also a discretionary expense, and in inflationary times, some pet owners may reduce their spending in the category.

Pet Food Market

Alaskan seafood market to develop pet food brand

The Alaska Seafood Marketing Institute received $5 million in federal funds and grants to facilitate greater participation in the pet food market.

Top Pet Food Companies

22 US pet food companies with more than US$100 million revenue in 2023

In 2023, U.S. pet owners spent approximately US$147 billion on pet food, treats and other products.

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