U.S. and Canada: Page 7

Market Trends and Reports

Survey: 62% of puppy owners overwhelmed by pet food choices

A recent survey conducted by Royal Canin found more than half of puppy owners in North America struggle to understand what ingredients in pet food are important.

According to a new survey, 91% of puppy owners agree tailoring food to their puppy's needs is important but find it hard to understand what that means.

Brand Insights

Rethink minerals to boost pet health and build lasting loyalty

Zinpro®

What if essential nutrients already required in pet diets could become your brand’s key differentiator? See how to get a competitive edge with pet-proven performance minerals.

Rethink minerals to boost pet health and build lasting loyalty

Pet Food Market

New Zealand pet food cannery expands into North America

New Zealand Riverland Foods has partnered with Canadian pet food brand PetKind to bring premium New Zealand-made pet foods to the North American market.

Since its launch in March this year, Riverland Foods has expanded its reach, supplying markets across Australia, South Korea, and its home base in New Zealand.

Market Trends and Reports

Study: 43% of Americans prefer pets over children

A new report from the Harris Poll said many Gen Z and Millennials feel pets are easier to care for and come with fewer financial burdens.

According to a recent Harris Poll, ‘Fur Families’ are the preferred lifestyle choice over having children in 2024, with pet parenthood having a strong foundation in American livelihoods.

Market Trends and Reports

Freshpet reports strong Q3 results with increased sales, profit growth

The company reported a net income of $11.9 million for the third quarter of 2024, compared to a net loss of $7.2 million in the same period last year.

Market Trends and Reports

Report: E-commerce pet food sales projected to surpass US$21B in 2024

E-commerce continues to dominate the U.S. pet food market due to ongoing shifts in consumer buying habits and strong competition from platforms like Amazon.

The pandemic significantly boosted online sales due to its convenience and contactless nature, and this trend continues.

Market Trends and Reports

Pure Treats acquiring Bar W Foods, Eighteen Below pet foods

By integrating 18 Below’s expertise, PureBites may expand its product line and capacity, meeting the growing demand of pet owners who are looking for raw freeze-dried pet treats, food and toppers.

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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.

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PetSmart launches pet food bag recycling program

New pilot program in Arizona and New Jersey lets pet parents recycle all brands of pet food, treat and cat litter bags.

PetSmart's pet food bag recycling program is available in all its stores across Arizona and New Jersey.

Mars partners to advance regenerative agriculture in North American pet food

Globally, Mars is working to scale climate-smart agriculture in its value chain, which will help to deliver more than 1 million acres of regenerative agriculture practices by 2030 across the globe.

Mars will work with agribusiness companies and solutions providers, including ADM, The Andersons, Inc., Riceland Foods, and Soil and Water Outcomes Fund.

Market Trends and Reports

Report: 7 top growth segments in pet food and treats

Research from OC&C Strategy Consultants noted protein and clean ingredient trends will drive the growth of single-ingredient product formats.

A report from OC&C said there is increasing popularity of single-ingredient pet food products, especially in treats.

Walmart expands pet care service locations

New centers offering in-person and virtual veterinary care, pet prescription delivery, grooming services, pet food and supplies are opening in Georgia and Arizona.

Walmart is expanding its pet care service locations, which offer in-person and virtual veterinary care, pet prescription delivery, grooming services and pet food and supplies.

Port strike raised concerns for US animal food supply

According to the American Feed Industry Association, the port closures would have severely restricted animal and pet food exports and imports, leading to substantial economic losses for these industries.

The East and Gulf Coast port strike has begun, which AFIA said poses a significant threat to produce affordable, high-quality nutrition for domestic livestock and pets.

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