U.S. and Canada: Page 2

Global Commerce

US quintuples tariffs on Brazilian pet food

Brazilian Pet Industry Association (Abinpet) weighs in on impacts from latest round of U.S. tariffs on Brazil.

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Global Commerce

Pet industry faces new tariff reality as August 1 deadline passes

The American Pet Products Association launches educational webinar series to help companies navigate evolving trade compliance requirements and avoid costly penalties.

Despite an August 1 tariff implementation deadline, several countries have received extensions.

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.

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Pet Food Market

Pet food prices drop as overall 'petflation' slows to 2.1% in June

Pet food prices actually fell 0.3% compared to last year while overall pet inflation cooled to 2.1%, providing some relief to pet owners who have been squeezed by years of rising costs.

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Market Trends and Reports

Private label pet food growth outpaced national brands

With ongoing macroeconomic uncertainty and persistent inflation, consumers may continue shifting towards private-label pet food brands.

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General Mills launches fresh pet food line, brings Edgard & Cooper to US market

General Mills expands its pet food portfolio with two major product launches targeting premium and fresh food segments.

Pet food companies step up as animal surrender rates spike

One industry leader explores innovative partnership models to support overwhelmed shelters as traditional funding sources decline amid economic pressures.

With today's economic pressures, many shelters report being overwhelmed by demand for their pet food pantry programs, while simultaneously seeing an increase in pet surrenders.

Pet Food Market

Pet food prices hold steady while overall 'petflation' hits two-year high in May

Pet food costs remain stable with slight deflation in May 2025, even as veterinary and pet services drive overall pet industry inflation to 2.2% year-over-year.

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Farmina opens first U.S. pet food plant

Farmina Pet Foods

Italian manufacturer invests $115 million in Reidsville, North Carolina, facility to support North American growth.

Loris Rinaldi, CEO Farmina Pet Foods North America and Angelo Russo, CEO Farmina Pet Foods.

Market Trends and Reports

Sales and profits drop for J.M. Smucker’s pet food in FY25

Dog snacks made up 54% of the FY25 sales. Cat food and snacks made up 44%.

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Pet Ownership Statistics

Graph: Cats and dogs lead US pet ownership growth 2023-2025

U.S. households reported ownership of approximately 68 million dogs, up from 65.1 million in the 2023-2024 survey.

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U.S. and Canada

Chart: U.S. pet industry sales 2018-2025 normalize, but still climb post-pandemic

As inflation tapers and pet ownership normalizes post-pandemic, the U.S. pet food market seems likely to remain the largest on the planet for many years to come.

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