News
CULT Food starts cultivated pet food regulatory race in the US
A subsidiary of the Canadian cell-based firm is to file a feeding trial to seek approval to sell the product in the country.
Purina witnessing a deceleration, admits Nestlé’s CFO
The multinational’s pet portfolio increased sales in the first half of 2024. GlobalPETS dives into the latest earnings.
American biotech companies receive $36 million in investments
California-based NovoNutrients and Digestiva to scale their footprints in alternative protein.
On the radar: Is Inspired Pet Nutrition looking to buy Butcher’s Pet Care?
If the transaction moves forward, the British pet food manufacturer could become one of the UK’s top 3 producers in this category.
$29 billion: the potential of the Asia Pacific pet care market
Euromonitor forecasts that the region’s pet industry will grow at a faster pace than North America and Europe. Which countries are in the lead?
UK government highlights need to protect rights of pet-owning tenants
The government’s new legislative program wants to speed up the process of entering the Renters’ Rights Bill into force.
Legislation update: new pet insurance laws in the US
GlobalPETS looks at the regulatory framework in Pennsylvania, New York, New Jersey and New Hampshire.
2 out of 10 British cat owners don’t want to microchip their pets
The country made it mandatory for all felines in England, but owners have concerns. GlobalPETS learns more
Singapore pet start-up receives fresh funding
Pawprints aims to boost the firm’s operational capacity after the transaction. GlobalPETS talks to the company.
GlobalPETS data: How are pet parents adapting their spending patterns?
More than 5 in 10 British and Canadian pet owners are considering or have already traded down due to inflation.
What’s Pets Choice’s strategy to position itself in the premium pet food sector?
The Lancashire-based manufacturer acquired vegan pet food brand HOWND, its second investment this year.
Petco, General Mills, ADM and more: new executives in the pet industry
GlobalPETS tracks the latest executive hiring activity in the pet industry from the past few weeks.
Given the green light: UK approves the use of cultivated meat in pet food
Meatly is the country’s first to receive government authorization to sell pet food made from lab-grown meat.
Pet food import taxes in Pakistan double in a year
Insiders raise doubts whether this fiscal pressure will benefit local players at the expense of foreign companies.
KIKA Group’s exports increased 35% in 2023
The Lithuanian manufacturer and retailer is optimistic about increasing its product portfolio and market footprint this year.
The Nutriment Company closes second acquisition this year
The Swedish pet food manufacturer adds British raw pet food manufacturer Natural Instinct to its portfolio.
Costa Rican insect protein supplier raises $2 million
ProNuvo will set up its insect feed plant closer to the capital of San José after the investment.
The role of pet supplies in Amazon Prime Day 2024
The category is forecast to be a leader in the e-commerce giant’s annual shopping event.
Elanco sells aqua business to Merk Animal Health
The $1.3 billion (€1.1B) transaction will enable the Indiana-based animal health company to focus on its pet portfolio and repay debts.
What does the UK competition watchdog want to investigate in its vet inquiry?
GlobalPETS dives into the details shared by the country's Competition and Markets Authority.
