Pet Food Market: Page 60

Market Trends and Reports
Survey: Pet population increases, pet spending declines
Results from 2024 AVMA Pet Ownership and Demographic survey showed the percentage of U.S. households that own dogs and cats have increased steadily.
According to the AVMA survey, dog owners spent less overall on their pets this year compared to 2023 while cat owners spent slightly more than they did in 2023.
Pet Food Market
Modern Plant Based Foods expands into pet food market with acquisition
The company has acquired AnimalKind, which specializes in plant-based dog treats.
Merger Acquisition Stocks Iqoncept Bigstock
Market Trends and Reports
Premiumization, pet ownership drive pet food ingredient market growth
MarketsandMarkets reports the global pet food ingredients market will rise from US$34.2 billion in 2023 to US$47.4 billion by 2028, a CAGR of 6.8%.
As more people embrace pets as part of their households, the demand for high-quality, diverse and innovative pet food ingredients continues to rise.
Pet Food Market
Pure Pet Food secures US$19 million investment
Based in the UK, the company, which offers a subscription-based service delivering tailored pet food for dogs, has provided more than 42 million meals since 2013.
Founded in 2013, Pure Pet Food now serves 40,000 regular customers throughout the UK.
Raw Cat and Dog Food
Stella & Chewy's launches e-commerce platform for raw pet food
Company's direct-to-consumer website builds upon its continued presence in neighborhood pet stores and other retailers.
Through its new D2C e-commerce website, pet parents will have access to nearly 100 cat and dog freeze-dried raw products, treats and kibble.
Pet Food Market
Symrise reports strong organic growth driven by pet food segment
The company's Pet Food division showed double-digit growth, especially in the Asia/Pacific and Latin America regions.
The company's Pet Food division was one of the main contributors to its growth.
Insect-based Cat and Dog Food
South African BSF producer expands into EU, UK pet food markets
Maltento’s golden whole-dried larvae derived from the black soldier fly contains 45% protein and 27% fat.
Maltento’s whole-dried larvae is produced at the company’s state-of-the-art insect breeding facility in Cape Town, South Africa.
Pet Food Market
Sofía helps grow Bolivia's pet food market
The country’s pet food market is one of the newest in Latin America with an annual pet food consumption of around 38,000 tons.
Sofía operates four production lines: three dedicated to dog food and one to cat food.
Central/Western/Southern Asia
Indian pet food market dominated by dogs; Cats distant 2nd
The world’s most populous country also has a growing pet population and a pet food market to provide nutrition for those companion animals.
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Latin America/Carribean
Requirements for exporting US pet food to Panama
Panamanian pet owners may perceive U.S. pet food as high quality, wholesome and reliable, which has resulted in continuous growth in demand.
Dall·e 2024 10 21 15 53 54 A Cargo Ship Loaded With Pet Food Containers Is Passing Through The Panama Canal The Ship Is Large, With Stacks Of Colorful Containers Labeled With P
Pet Food Market
Inspired Pet Nutrition completes acquisition of Butcher's Pet Care
This acquisition creates a pet food group with sales of more than £350 million (US$454.5 million).
Butcher's specializes in natural pet food for dogs and cats, with its products sold across major UK retailers and globally.
Market Trends and Reports
Purina grew at low single-digits in first 9-months of 2024
Premium brands Purina ProPlan, Purina ONE and Fancy Feast drove much of this growth with continued sales momentum.
Dall·e 2024 08 21 12 41 29 A Highly Detailed Bronze Statue Of A Barking Dog, Positioned Prominently On Wall Street The Dog Is Depicted Mid Bark, With Its Mouth Open And Head Sl
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