U.S. and Canada: Page 8

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.

Brand Insights

Sustainability Starts with the Formula: How Smarter Formulation Is Shaping the Future of Pet Food Production

Datacor (formerly Format Solutions)

Discover how pet food manufacturers are reducing emissions and driving sustainability through ingredient innovation and eco-friendly nutrition.

Sustainability Starts with the Formula: How Smarter Formulation Is Shaping the Future of Pet Food Production

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.

Pet Food Regulations

Kansas State University proposes regulatory path for pet food ingredients to AAFCO

The proposed process will include a scientific review panel comprised of subject matter experts from universities across the U.S. and independent consultants.

Pet Food Additives/Supplements

U.S. pet supplement market surpasses $2.7B, driven by health and wellness trends

According to a recent Packaged Facts report, the pet supplement space continues to grow with online sales increasing and demand for specialized supplements expected to rise.

The latest Packaged Facts report projects a shift toward more specialized supplements, including life-stage specific products, especially those focused on senior pets.

Pet Food Market

General Mills Pet segment down in Q1 2025

First-quarter net sales for the company's North America Pet segment were down 1%, driven by lower pricing and product mix, partially offset by higher volume.

First-quarter net sales for General Mills' North America Pet segment were down 1% to $576 million in Q1 2025.

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