The resource for cat, dog food manufacturers
PetfoodIndustry
South Africa, Egypt and Nigeria will hold 70% market shares respectively despite boasting populations totalling 1.2 billion on Africa. Businesswire released a report detailing this phenomenon; their latest projection noted a compound annual growth rate (CAGR) projection for this region at just 3% over 2022-2027 – far lower than projections made for other regions by […]
An instant noodle for dogs launched two years ago by Youngin Bio has quickly become a sensational success in South Korea since then, becoming available across other Asian markets like Philippines, Singapore and India via Shopee e-commerce platform. Ansim Daengmyeon from Youngin Bio now enjoys widespread distribution. A 2020 report by the World Instant Noodle […]
Hill’s Pet Nutrition saw net sales and profits both increase during its first quarter in 2023; however, profits declined accordingly – similar to their final quarter 2022 results. Overall, Hill’s Pet Nutrition sales represented 22% of Colgate-Palmolive’s US$909 million revenue for the quarter ending March 31. “This decrease is attributable to significantly higher raw and […]
Freshpet’s net sales increased 26.7% year-on-year to reach US$167.5 million during the first quarter of 2023 compared to US$132.2 million for the same period in 2022. Refrigerated pet food company however reported a net loss of US$24.8 million versus the prior year net loss of US$17.5 million during the same quarter. Freshpet reported an increased […]
Brazilian pet food manufacturers boast more than 400 pet food production sites nationwide and make up the second-largest global pet food market after that of the United States. Nestle Purina ranks fifth among pet food producers in Brazil with two production facilities, but falls to 10th when measured against other major firms by production capacity, […]
In the Association for the Prevention of Pet Obesity’s latest survey, veterinary professionals classified 59% of evaluated dogs as either overweight or obese – which represents an increase of 3% since 2018 and 2017. While 37% were classified as overweight remained consistent with 2018; 22% more dogs were classed as obese than in 2018. “APOP […]
Hong Kong no longer permits the sale and consumption of pet food and health products containing cannabidiol (CBD), following an absolute ban by its government since February 2023. Businesses offering CBD products for pets have either exhausted their remaining stocks or closed down completely and plan to relocate their business operations into countries where CBD […]
One-quarter of cat owners (28%) believed their cats’ body condition to be “normal”, even though their veterinary professional identified these same pets as overweight to obese, according to a survey conducted by the Association for the Prevention of Pet Obesity. Seven percent of those cats were classified as obese while their owners considered them “normal”. […]
Doug Barton, CEO of Trone, presented results from an international study to study cat and dog owners and understand their behaviors and beliefs about pet nutrition at Petfood Forum (held annually in Kansas City, Missouri, USA). The national sample included 467 U.S. pet owners and focused on their beliefs about managing pets’ nutrition, its influence, […]
An upward price surge has threatened the steady expansion in pet food sales that Eastern European markets had experienced over the previous decade. Szymon Mordasiewicz, commercial director of GfK Polonia Households Panel estimated in 2022 that sales of cat and dog food sales in Poland experienced a volumetric decrease by one percent, even though most […]
