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Latest pet industry news

US: Veterinary revenues on the rise despite fewer visits

US: Veterinary revenues on the rise despite fewer visits

As pet visits decline post-pandemic, diagnostic testing emerges as a key driver of veterinary income. GlobalPETS dives into the findings of a new research.
Pet Care
17 Oct 2024
Younger generations in Italy more open to having pets over kids

Younger generations in Italy more open to having pets over kids

A recent survey reveals differing attitudes toward pet ownership, travel and spending between younger and older Italian pet owners.
Trends & Insights
17 Oct 2024
US: pet welfare plays a significant role in home renovation decisions

US: pet welfare plays a significant role in home renovation decisions

Owners care for their companion animals by incorporating pet-friendly home upgrades like grooming and feeding stations.
Trends & Insights
16 Oct 2024
Market update: expansion of training and grooming players in the US

Market update: expansion of training and grooming players in the US

Zoom Room, an indoor dog training franchise, aims to open 25 new locations this year, while Woof Gang Bakery & Grooming recently expanded to California.
Pet Care
16 Oct 2024
India’s cat and dog food imports increased 500% in a decade

India’s cat and dog food imports increased 500% in a decade

This commodity currently stands at $69.8 million (€62.8M) in H1 2024, with increasing reliance on global suppliers like Thailand, South Africa and Italy.
Global Pet Industry
15 Oct 2024
Analysis: How is Zoetis’ growth impacting its stock prices?

Analysis: How is Zoetis’ growth impacting its stock prices?

The significant increase in the animal health company’s share price, strong product performance and revenue hikes have made analysts optimistic.
Production & Packaging
15 Oct 2024
Global pet population at 1 billion, cats lead the way

Global pet population at 1 billion, cats lead the way

A recent survey from Mars Petcare reveals pet ownership trends, with new pet parents and generational influences shaping decisions.
Trends & Insights
14 Oct 2024
Walmart adds 5 new pet service centers in the US

Walmart adds 5 new pet service centers in the US

After the first location in Georgia, the American retail giant will open new centers in the same state and Arizona next month. GlobalPETS learns more.
Pet Care
14 Oct 2024
Revealed: US pet owners prioritize spending time with pets over social plans

Revealed: US pet owners prioritize spending time with pets over social plans

A recent survey reveals that almost all pet owners view their pets as family, highlighting the importance of spending quality time together.
Trends & Insights
11 Oct 2024
Pets Choice acquires key brands from PetLife International

Pets Choice acquires key brands from PetLife International

The move aims to strengthen the British pet food manufacturer’s premium pet care portfolio.
Production & Packaging
11 Oct 2024
US: majority of pet owners still underestimate pet obesity

US: majority of pet owners still underestimate pet obesity

Obesity rates among cats and dogs in America have risen in the past 15 years, with the increase particularly pronounced in cats.
Pet Care
10 Oct 2024
French fermentation player acquires majority stake in Biorigin

French fermentation player acquires majority stake in Biorigin

Lesaffre, a global yeast manufacturer based in France, will become the controlling shareholder of the Brazilian company.
Global Pet Industry
10 Oct 2024
New proposals seek to expand tax benefits for vet care in the US

New proposals seek to expand tax benefits for vet care in the US

Two bills aim to expand vet care tax relief benefits and strengthen protections for dogs used for breeding.
Pet Care
9 Oct 2024
Musti Group expands into the Baltics with €18 million acquisition

Musti Group expands into the Baltics with €18 million acquisition

The Nordic pet retailer has agreed to buy Estonian pet retailer and veterinary services provider Pet City.
Retail, Online & DTC
9 Oct 2024
These pet players are expanding their reach through retail partnerships

These pet players are expanding their reach through retail partnerships

Pet brands are increasingly partnering with distribution companies to increase their product reach and tap into new markets.
Retail, Online & DTC
8 Oct 2024
Indian insect player secures permit to export to Europe

Indian insect player secures permit to export to Europe

Arthro Biotech outlines ambitious plans to increase production to 100,000 tons annually by 2030.
Ingredients
8 Oct 2024
AgroBiothers makes second acquisition in European pet care space

AgroBiothers makes second acquisition in European pet care space

The addition of Denmark’s leading pet care business, KW, marks a strategic move to strengthen the French pet care company’s position in Northern Europe.
Pet Care
7 Oct 2024
Growing demand for vegetarian pet food in India encourages new options

Growing demand for vegetarian pet food in India encourages new options

Industry insiders note that pet owners in the South Asian country are increasingly seeking vegetarian options and are willing to pay more for this alternative.
Pet Food
7 Oct 2024
Australia: New South Wales to grant more rights to pet-owning tenants

Australia: New South Wales to grant more rights to pet-owning tenants

The reform in the Australian state will ban no-ground evictions and limit landlords' ability to refuse tenants with pets.
News
4 Oct 2024
Pet brands score big with major sports partnerships

Pet brands score big with major sports partnerships

From food producers to insurance providers, this trend aims to improve market visibility.
Global Pet Industry
4 Oct 2024
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