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Market Trends and Reports
Dog snacks led Smucker’s pet food sales decline in Q1 FY26
Although dog snacks dragged on sales, J.M. Smucker’s leadership remained confident in the category.
Trending: Pet Food Podcast
EPISODE 93: What does a successful digital business strategy look like in the pet industry?
Kimberly Carney, CEO and founder of PawWire, discusses how pet brands can navigate the rapidly evolving digital landscape and build authentic customer relationships in an increasingly crowded marketplace.
Pet Food Market
Petflation jumps to 2.6% in July, outpacing grocery price growth
Industry analyst John Gibbons reports pet food prices rose 0.5% month-over-month while overall grocery inflation slowed to 2.2% year-over-year.
Latin America/Carribean
Brazil, Chile, Argentina top 11 South American pet food companies 2024
Although not one of the top export markets for Brazilian pet food, U.S. trade grabbed headlines more recently with the onset of tariffs.
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.
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.
Pet Food News
Kormotech partners with Bulgaria's largest online pet retailer
Also: Belgian pet food maker Versele-Laga opens new Hungarian production facility while European industry body calls for harmonized EU waste sorting labels.
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.
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.
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