Sonia Romero
Huge potential for specialized products for puppies and kittens
Companies are striving to fulfill the growing demand for bespoke food solutions and services for newborn and young animals.
Key trends in the cat accessories market
From comfortable beds to puzzles and furniture: cat owners are focusing more on health and well-being benefits for their feline friends when purchasing new products.
JAB to create a “leading” Pan-European pet insurance platform
The holding’s Pinnacle Pet Group took over German pet insurer Agila and Dutch-based Veterfina.
Jollyes’ turnover hits £86 million in a year
The British retailer, which has seen a 15% rise in profits, will add five new stores after acquiring local player Penparc Pet Centre.
Canada injects $6.5M million to support insect pet food production
Governments around the world are backing this emerging industry, claiming that it offers sustainable sources of protein.
General Mills’ pet sales increased by 30% in the last 12 months
The American manufacturer, which recently acquired three dog treats brands, claims the pet business accounted for 11% of its total net sales in FY 2022.
Japanese pet parents spent more on their animals in 2021
4 out of 10 spent at least ¥100,000 ($773 / €741) last year, boosted by the pandemic and increased working from home.
Prices for new pets are slowing down in the UK but still far from pre-pandemic levels
A new study from UK marketplace Pets4Homes has revealed that demand for new pets on their platform has decreased by 42% in a year.
Pet wellness platform Antelope acquires CBD pet supplement and treats company
The investment in Diggin’ Your Dog and Super Snouts will help the brands to develop their portfolio and operations.
US pet retailer closes investment deal to “turbocharge” growth
Woof Gang Bakery & Grooming, with over 200 locations across the country, forecasts that revenues will top $100 million (€94.9M) this year.
JAB holding grows bigger in the pet insurance business with $1.4 billion deal
The acquisition of Crum & Forster Pet Insurance Group and Pethealth is a “major milestone” to becoming a global leader in the segment.
What we currently know about the rumors around Champion Petfoods’ sale
The Canadian pet food manufacturer could be “exploring strategic options” to sell the business, although the company said to GlobalPETS that they don’t want to speculate on the matter.
Robert Sauermann becomes new COO of Better Choice
The pet health and wellness company also named Donald Young as Chief Sales Officer.
Which are the 5 countries with the most cats and dogs in Europe?
New figures from the European Pet Food Industry Federation (FEDIAF) show that 90 million European households owned a pet last year, a 2.2% rise.
Kemin Industries to expand operations in Mexico and Central America
The global ingredient manufacturer sees great opportunities in the region thanks to the strong growth of the local market.
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The independent retailer, with more than 60 stores, has received strategic investment from a Seattle-based private equity firm.
California’s Pet Food Express to expand omnichannel operations
The independent retailer, with more than 60 stores, has received strategic investment from a Seattle-based private equity firm.
Musti names Pamela Nelimarkka as new COO
She will bring her extensive experience in sales, planning and logistics to help develop the activities of the leading Nordic pet care retailer.
Petco CEO Ron Coughlin embraces the “continued premiumization” of pet products
Coughlin stressed the resilience of the industry and highlighted that strong demand has “helped” them avoid inventory issues.
J.M. Smucker’s pet food sales increased by 6% in last quarter
Segment profit also increased by 19% to $19 million (€17.6M) in the period, but yearly sales dropped.
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