Purina rises to #1 of top 10 pet food companies in 2023

Purina’s upset comes with a caveat though. Mars is a privately owned company, so its annual revenue is only estimated and may be higher than the figure listed in Petfood Industry’s database.

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Pet food businesses based in the United States once again dominated the list of top companies for 2023. U.S. leadership in dog, cat and other pet food has been established for decades and seems likely to remain. In Petfood Industry‚Äôs Top Pet Food Companies database for 2023, US-based pet food companies took nine of the top 10 spots. However, there may have been some change in the rankings at the very top. Last year, the pet food company with the highest annual revenue shifted from Mars Petcare to Purina PetCare. Although owned by Switzerland-based Nestle, Purina operated out of St. Louis, Missouri. In 2023, Purina‚Äôs reported revenue exceeded the estimated revenue of Mars.

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Purina’s upset comes with a caveat though. Mars is a privately owned company, so their annual revenue is only estimated and may be higher than the figure listed in Petfood Industry’s database. Although the global #1 may be hard to call, the top two were clear and likely to stay that way. Mars and Purina were still millions above the rest of the top 10 in 2023.

The following 10 pet food companies had the highest reported or estimated annual revenues among dog, cat and other pet food makers worldwide in 2022.

1. Nestlé Purina PetCare

  • Headquarters: United States
  • Annual revenue 2023: US$21,470 million

2. Mars Petcare Inc.

  • United States
  • US$20,000  million

3. Hill's Pet Nutrition

  • United States
  • US$3,780 million

4. General Mills

  • United States
  • US$2,500 million

5. Diamond Pet Foods

  • United States
  • US$1,500 million

6. J.M. Smucker

  • United States
  • US$1,500 million

7. United Petfood

  • Belgium
  • US$1,300 million

8. Simmons Pet Food

  • United States
  • US$1,200 million

9. Spectrum Brands / United Pet Group          

  • United States
  • US$1,139 million

10. Unicharm Corp.

  • Japan
  • US$920 million

Participate in the Top Pet Food Companies survey

The Petfood Industry Top Pet Food Companies project annually surveys pet food companies, always with an aim of expanding the reach and scope of the companies within the rankings. To be considered for inclusion in the yearly rankings, please contact [email protected]. The data is gathered each year through a variety of methods, including direct company contact (a survey is emailed to participating companies), in-depth research and estimates.

 

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