Global pet industry

The retailer’s ongoing pet category reset targets premium nutrition, exclusive brands and an expanded cat wet food assortment.

The German pet supplier tells GlobalPETS it sees an opportunity to strengthen its sourcing, product development and logistics capabilities and expand its presence in the US market.

Fressnapf | Maxi Zoo, Chewy and Absolute Pets are reshaping their leadership teams to support growth, innovation and customer-focused strategies.

Mars, Freshpet, Inspired Pet Nutrition, ADM and other industry players have announced key appointments as they sharpen their commercial and digital growth strategies.

While ownership continues to grow, APPA reveals how pet parents are reallocating budgets toward essentials and becoming more cost-conscious.

Exceptional growth in Norway helped the retailer, but investments and expansion are weighing on profitability.

In most countries analyzed, consumer price index (CPI) readings for products and food eased last month following the inflation increases recorded in March.

Strong performances in Europe and manufacturing offset softer demand in North America. Amazon sales and veterinary partnerships are expected to drive margins in the next quarter.

Improved sales of dog products in the second quarter helped reverse the negative trend, while cat products remained strong.

Although consumer confidence remains historically weak, the category continues to be resilient compared to other everyday expenses.