What’s next for pet food: A generational perspective
June 2, 2023 — David Sprinkle
Packaged Facts data presented at the closing “What’s Next for Pet Food?” panel at Petfood Forum 2023 give perspective on the direction of pet food formulation trends, based on the percentage of millennials/Gen Zers who report buying pet foods with specific characteristics, compared with their Gen X and boomer counterparts.
Top pet food companies rising along with overall industry
June 3, 2023 — Debbie Phillips-Donaldson
The largest pet food companies in the world get to that point—and tend to stay there—by continuing to grow each year. Do these leaders share certain traits or practices? The Top Petfood Companies of 2022 table highlights the players in our Top Pet Food Companies Database that increased their revenues the most from 2021-2022.
Premiumization: Healthy for the pet food market long term?
June 8, 2023 — Debbie Phillips-Donaldson
For the ongoing health of the industry, should pet food manufacturers and pet retailers pull back from the common, long-held strategy of focusing mainly on superpremium products and their purchasers?
Pet food M&A on downturn but deals are picking up
June 22, 2023 — Debbie Phillips-Donaldson
This year to date has seen some notable pet food mergers and acquisitions (M&A) — and several more happened just this week — but if you’ve been thinking M&A activity has slowed, you’re correct.
Global pet food growth expected to continue at lower rates
June 28, 2023 — Debbie Phillips-Donaldson
Pet food has a reputation for being a continuous growth market no matter the overall economic conditions or other factors affecting the world. While well deserved, it has come with qualifiers lately — namely that much of the growth (especially when it comes to pet populations and spending during the pandemic) has happened chiefly among higher-income households, and that most, if not all, of the dollar increases have been due to high inflation.
