Asia

Senior executives across retail, pet food and animal health have been appointed to new roles as players adjust their management structures.

The UK, New Zealand, Australia, Taiwan, Maldives and South Korea set new rules affecting landlords, business operators and animal welfare enforcement bodies.

The Asian country has also entered into negotiations with the United States to eliminate or reduce import tariffs on food and industrial goods.

Investor appetite for pet care remains strong, with startups across tech, insurance and retail securing fresh backing.

The region accounted for nearly 60% of the Thai pet food manufacturer’s total sales, while profitability dropped to low double-digits.

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

GlobalPETS speaks with the retailer’s CEO about the company’s plan to strengthen customer relationships and drive more frequent visits.

The industry gathering in Istanbul highlighted how innovation, data and shifting pet owner behaviors are shaping the future of the pet sector.

Environmentally conscious growth is being propelled by both legislation and economic necessity, and savvy companies are focusing on innovative ingredients, better designed packaging and more resource-efficient operations.

Over the past decade, pet care has undergone a remarkable transformation, with a surge in innovative products for everyday use driven by a booming sector and digital advances.