Africa
Catching up with latest developments in the aquaculture sector
With many new strategic shifts and innovative ventures, the global aquaculture industry is witnessing pivotal movements.
South Africa’s anti-trust regulator gives green light to acquisition of Absolute Pets
The South African Competition Tribunal has approved Woolworths’ procurement of the specialist pet product company effective 1 April 2024.
How did the pet food and aquaculture production industries fare in 2023?
As American nutrition firm Alltech releases its annual survey, GlobalPETS looks at the most relevant numbers.
More than 20% of Nestlé’s sales last year were pet products
The conglomerate’s pet category is the largest contributor to organic growth, while global sales decreased by 1.5%.
The acquisitions driving the pet industry forward
As 2024 starts to take shape, what will be the impact of some of the sizeable investments in different parts of the sector and the globe last year?
South African retail giant Woolworths acquires 93% of Absolute Pets
What will change from now onwards for the Cape Town-based pet retailer? GlobalPETS learns more.
Symrise reaffirms growth targets driven by pet segment performance
The firm’s pet portfolio recorded double-digit growth in Latin America and Europe, Africa, and the Middle East in the first 9 months of 2023.
“We are encouraged by the resilience of super premium pet food in South Africa”
Pet retailer Absolute Pets looks to increase in-store services while speeding up delivery times for omnichannel buyers.
Promising markets in the world of wet pet food
Although the wet pet food category has suffered from the trading-down trend among consumers, it still has potential. These are the markets to watch.
The pet industry in Egypt
A 2023 update on how the Egyptian pet industry is doing: how local pet food brands benefit from financial crisis.
The pet industry in South Africa
A 2023 update on how the South African pet industry is doing: how bureaucracy is obstructing the industry's growth.
The pet industry in Morocco
A 2023 update on how the Moroccan pet industry is doing: A snapshot of a still undeveloped market.
Performance of aquatic portfolio softens Spectrum Brands’ revenue
The Wisconsin-based pet care company posted 6.2% less sales in the last quarter.
The post-Black Sea grain era
Players are seeking alternative transport routes, but fearing a price increase in the near future.
i-Tail’s pet treat sales drop by over half
We dive into the details of why the Bangkok-based manufacturer posted a drop of 40% in revenue in Q2 2023.
Pet food suffers the biggest price hike across Nestlé’s businesses
The category sees 9% revenue growth in the first half of 2023.
Room for growth in the pet care space, says Nestlé’s CEO
The multinational wants to expand its footprint in emerging markets.
Purina PetCare leads Nestlé’s growth in 2022
The company’s overall sales hit Swiss Franc (CHF) 94.4 billion in the year, up 8.4% from 2021.
Spectrum’s quarterly Pet Care sales reach $277.5 million
In the first quarter of its FY ending 1 January 2023, the US manufacturer’s pet portfolio income jumped 84.6% to $22.7 million.
Montego Pet Nutrition invests nearly $2 million in new facility
The South African manufacturer will merge 3 existing plants into one dry food facility.
