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Pet Food Market: Page 10
Market Trends and Reports
J.M. Smucker pet food sales down 40% in Q1 FY24
If one excludes net sales in the prior year related to the pet food brands the company sold, net sales actually increased.
Brand Insights
Solving Separation and Segregation Issues in Pet Food Blends
Horizon Systems
Industry trends of using finer ingredients like starches, fillers and flow agents — also regrind and recycle materials — in greater percentages can result in ingredient separation and segregation, affecting your final product.
Market Trends and Reports
New facility boosting Hill’s Pet Nutrition wet pet food innovation
The Tonganoxie plant opened in 2023. The facility increased the company's production capacity and provided a runway for the expansion of Hill's Science Diet and Prescription Diet brands.
Pet Food Market
Blue Buffalo to build warehouse in Kansas, create 103 jobs
General Mills’ pet division had an annual revenue of US$2,300,000,000 in 2022.
Market Trends and Reports
Blue Buffalo volume sales resumed growth in early 2024
This growth in Blue Buffalo’s Life Protection recipe may be part of a larger wave of growth for General Mills’ pet foods, now that some supply chain challenges have receded.
Pet Food News
Nestlé Hungária invests Є141M in Hungarian pet food facility
Company said the huge investment will help the factory in BĂĽk produce 500,000 tons of pet food a year, with 85% of these products being exported.
Pet Food Market
The Petfood Company acquired by German meat processor
Westfleisch has acquired The Petfood Company and expanded its product range into wet pet food.
Market Trends and Reports
Purina PetCare sales hit US$21.47 billion in 2023
By product category, Purina PetCare was the largest contributor to Nestle’s organic growth, with strong momentum across all channels.
Market Trends and Reports
2 brands led J.M. Smucker pet division to US$1.5 billion in FY23
The company plans to continue developing the Milk-Bone brand while latching on to the pet product humanization trend by including Jiff peanut butter in a dog treat to be released later this year.
Pet Food Market
Are raw and BARF diets the new wave in Mexican pet food?
Brands such as Tamalitos, Rawhide, Mutt and Bleiz have made a remarkable entrance, now securing spaces in the freezers of national retail chains in Mexico.
Market Report
Sales performance, growth prospects in US pet food
The trends are shifting in terms of pet ownership and pet food sales influences.
Adventures in Pet Food
Why pet food inflation persists (hint: producer prices)
Dog and cat food producer costs in the U.S. have remained stable since March 2023, but unfortunately, they are up 28% since 2021 and more than 30% since 2019.
Market Trends and Reports
Report: E-commerce pet subscription services altering shopping patterns
This recent study from PYMNTS indicates a shift toward more convenient and automated ways of obtaining pet supplies, driven by the ease and predictability offered by subscription-based models.
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