United States
Legislation update: new pet insurance laws in the US
GlobalPETS looks at the regulatory framework in Pennsylvania, New York, New Jersey and New Hampshire.
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.
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.
Vetnique Labs to acquire UK supplement player Lintbells
Both companies are expected to combine their resources to drive acceleration in the British and American markets.
Swedish vet clinic FirstVet closes €20 million funding round
The capital injection will accelerate product development and support the company’s expansions plans in North America.
General Mills sold less pet food in FY 2024
Sales of dry and wet pet food and treats declined a single digit in the 12 months ending May.
New pet telemedicine law in Florida comes into effect in July
The southern state became the 7th in the US to regulate the model following Governor Ron DeSantis’s signature.
Latest investments in the pet insurance sector
Rainwalk Technology, RSA Insurance Group and Healthy Paws have recently attracted strategic investments.
Nationwide to cancel 100,000 pet insurance policies
The American pet insurance provider has announced the non-renewal due to inflationary pressures.
What do cat parents look for when buying pet food?
More than 6 out of 10 prioritize ingredient quality, but some are unsatisfied with the current market offerings.
Mars starts production in Chinese pet food factory
The Tianjin plant, located 150 km from Beijing, will supply Mars’ pet portfolio nationwide.
US: Pet food and treats sales increased by $30 billion over the past 5 years
GlobalPETS dives into Statista’s insights about the performance of pet products nationwide.
Chewy continues rollout of vet clinic network
The online pet retailer recently opened 2 new centers in Atlanta and has more in the pipeline. GlobalPETS learns more.
Dog owners recognize diet as a controlling pillar for longevity yet fail to act on it
A recent survey revealed a gap between pet parents' understanding of how to increase their pets' longevity and their actual approach.
Sales up, profits down: PetMeds’ performance impacted by PetCareRx acquisition
The American online pharmacy wants to drive growth and improve profitability in the next fiscal year.
J.M. Smucker’s pet food segment faces ongoing decline
The divestiture of part of its pet business in 2023 is still impacting the manufacturer’s financials.
United Petfood to start production in the US
The Belgian manufacturer has purchased a facility in Indiana to expand its footprint in North America.
Monthly update: latest appointments in the pet industry
These are the companies that have hired new executives in the past weeks.
US: Upper limit on copper concentration in dog food won’t happen for now
AAFCO’s Pet Food Committee has voted against voluntary controlled copper claims due to insufficient data after gathering feedback from industry players.
Mixlab expands business to large animals
The vet pharmacy start-up recently acquired NexGen Animal Health to meet the rising demand.