Africa

Consumer giant RCL FOODS is expanding into wet pet food, while the holding company of pet food producer Montego Pet Nutrition has taken over a local manufacturer.

A recent acquisition in the feline segment contributes to growth, while supply chain risks remain contained for the rest of the fiscal year.

Dogs and cats dominate African households, but cost pressures and limited awareness leave much of the market untapped.

Despite contributing over a fifth of the group’s total sales, Purina posted a single-digit decline, driven by weak performance in dog food.

Despite a lack of comprehensive data, industry experts anticipate the pet market in this area expanding significantly beyond traditional retail in the coming years.

After being acquired by retail giant Woolworths, it’s an exciting time for the South African pet chain as it takes advantage of the group’s formidable network to boost brand visibility.

Amazon Bazaar currently operates in 14 markets worldwide and plans to expand further in the coming months.

GlobalPETS highlights the latest international expansions as more companies pursue opportunities in foreign markets.

Organic sales declined across categories in the last quarter due to softer demand and the pause in Chinese imports into the US.

The insect player received €18 million to expand its capacity to 2,500 tons of protein powder per year.