Pet Food Market Trends

Find the latest dog, cat and companion animal food market trends and news, including statistics on the global pet care market, from the editors of Petfood Industry magazine. Learn how current and future food trends influence pet food and pet treat formulations and sales, how pet owners impact the pet food industry, and growing pet food niches. The data included has been collected from various industry reports, expert industry analysis, presentations from the annual Petfood Forum conference and tradeshow and WATT Global Media’s exclusive Top Pet Food Companies database. Register for free to access premium content.

ARTICLES

J.M. Smucker pet food sales declined 5% in Q3 FY20

Although, Smucker’s pet segment profit declined, the loss was mitigated somewhat by an US$8.1 million recovery from a legal settlement.
Smucker pet food and treat segment profit dropped by 1% to US$146. Natural Balance brand and private label dog food were largely responsible for the decline, along with Rachael Ray Nutrish.
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Nestle Purina PetCare sales neared US$14 billion in FY19

While all Nestlé’s product categories saw positive organic sales growth, the largest contribution came from Purina PetCare and its premium brands Purina Pro Plan and Purina ONE.
Purina PetCare sales reached US$13,955 (CHF13,622 billion) in FY19, representing organic growth of 7%.
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Happy Hounds recalled raw dog food in UK for bacteria

On February 7 in the United Kingdom, Happy Hounds recalled a range of its frozen raw dog food products on a precautionary basis because they may pose a risk to human and animal health.
Sampling undertaken by Happy Hounds has identified elevated levels of bacteria indicating a potential risk. A withdrawal and recall have been actioned by the company.
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UK pet food market forecast at GBP2.9 bil in 2020

58% dog food buyers aged 16-24 believe it is healthier to limit red meat in their dogs’ diets, compared to just 30% of dog food buyers aged 45+.
Mintel’s analysts surveyed 2,000 pet owners in the United Kingdom in May 2019. 40% dog food buyers aged 16-24 are in favor of regularly dishing up plant-based meals, compared to just 21% of owners aged 55+.
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Hill’s Pet Nutrition pet food net sales up 8% in Q4 2019

Successful products contributing to sales in the United States include the relaunched Hill’s Science Diet (with upgraded recipes, improved kibble shapes and redesigned package graphics), Hill's Treats and Hill's Prescription Diet Gastrointestinal Biome.
Hill’s Pet Nutrition net sales increased 8.0% during the fourth quarter of calendar year 2019. Pet food sales volume gains in the United States and Western Europe were partially offset by volume declines in Japan and South Africa.
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DOCUMENTS AND FILES

Making Private Label Superpremium Petfoods Competitive in a Crowded Market

Want to know how to formulate, manufacture, package and market a superpremium petfood product? Then check out Serge Boutet's PowerPoint presentation.

Making Private Label Superpremium Petfoods Competitive in a Crowded Market

Want to know how to formulate, manufacture, package and market a superpremium petfood product? Then check out Serge Boutet's PowerPoint presentation.

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