Pet Food Market: Page 47

Market Trends and Reports
US pet food spending at US$58.1B in 2022, forecast up for 2023
The APPA forecast that pet expenditures will reach US$143.6 billion this year, with pet food and treats making up US$62.7 billion of the total.
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Brand Insights
The 2 AM Formula Crisis: Why Pet Food Professionals Are Burning Out
BESTMIX SOFTWARE N.V.
What keeps pet food professionals up at 2 AM? It’s not just Salmonella, ingredient shortages, or missed deliveries. It’s the rising pressure from a new generation of pet owners who expect perfection and demand it fast.
The 2 AM Formula Crisis: Why Pet Food Professionals Are Burning Out
Market Trends and Reports
Sunshine Mills buys Red Collar facility to boost pet treat capacity
The facility will increase Sunshine Mills baked and cold-formed pet treat production capacity.
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Market Trends and Reports
Purina PetCare continues leading growth in Q3 2023
Purina PetCare has been a growth leader for Nestle during the past few years.
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Adventures in Pet Food
Finding pet food innovation and opportunities in new places
Announcements about the use of AI in pet food, new research and ongoing investments in pet care startups may point to a more innovative future for the industry.
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Adventures in Pet Food
Will pet food prices in the US keep falling?
U.S. pet food inflation year over year declined again in September 2023, following a pattern of several months and in line with falling human food prices.
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Pet Food Additives/Supplements
Form and function both in for pet food toppers
Pet owners are looking to toppers for myriad reasons, all presenting opportunities for any company looking to expand into the segment.
Pet owners’ more complex approach to preparing their pets’ meals has opened the door for the toppers segment in the pet food space.
Market Trends and Reports
E-commerce to B&M: What you need to know
Beginning in the e-commerce pet space can have a lot of advantages that later translate to results in the physical retail market.
Starting out in ecommerce has its advantages, and can even lead to more solid footing when looking into brick-and-mortar expansion.
Something to Chew on
The ongoing strength and growth of pet food omnichannel
Omnichannel shopping — buying pet food both in physical stores and online — really took off during the pandemic and is still a popular choice for pet owners.
Omnichannel pet food shopping became more popular during the pandemic and is still preferred by many pet owners.
Pet Food News
3 European pet food, ingredient companies launch expansions
Josera, Omni and Symrise announce pet food plant openings and increased sales.
Josera Dog Food Europe
Market Trends and Reports
Post Holdings to acquire co-packer Perfection Pet Foods
Post Holding’s acquisition includes Perfection’s two manufacturing facilities located in Visalia, California.
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Adventures in Pet Food
US pet food spending increased by double digits in 2022
U.S. households spent 12.5% more on pet food in 2022, reaching US$38.69 billion. Among the groups who spent more or less, there were a few surprises.
Pfi pet Food Spending Money
Europe
Italy, Spain, France top pet bird populations in Europe
Birds are the third most common pets in Europe. In 2022, the European pet food market grew to EUR29.1 billion (US$31.1 billion) with an average 5.1% annual growth rate during the past three years.
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