NEW YORK — Inc. Magazine has released 5000 list of fastest-growing private companies in the United States for 2021, naming several pet food, treat and supplement brands on aggressive growth trajectories.
Among all 5,000 companies named in this year’s list, the average median three-year growth rate was 543%, median revenue was $11.1 million, and 610,000 jobs were added to the US economy over the last three years by the combined companies.
RestoraPet, a pet supplement company based in Gaithersberg, Md., ranked No. 218 on the list with an impressive three-year growth rate of 2,012%.
“In a year defined for many by the pandemic, the fact that RestoraPet not only survived, but thrived, is a testament to the power our products have to change lives and inspire loyalty in our customers,” said Brian Larsen, co-founder and president of RestoraPet.
Los Angeles-based Vital Pet Life, another pet supplement company with an eye toward sustainability, ranked No. 348 on this year’s list, with a three-year growth rate of 1,364%.
“Achieving this distinction and ranking No. 348 is an incredible milestone, and it confirms our commitment to caring for animals as well as sustainability within the pet wellness space,” commented Donie Yamamoto, founder and chief executive officer of Vital Pet Life.
SmarterPaw, which owns the Lenexa, Kan.-based Meowijuana brand of catnip-inspired cat and dog treats and toys, ranked No. 610 with a three-year growth rate of 789%.
Naperville, Ill.-based Vetnique Pet Products, a manufacturing company specializing in health-focused pet supplements and grooming products, ranked No. 1,087 on the list with a three-year growth rate of 448%.
H&C Animal Health, a Parker, Colo.-based company offering functional pet products including supplements, ranked No. 1,526 with a three-year growth rate of 308%.
Southlake, Texas-based PawTree, a direct-to-consumer brand of premium pet food, treat and supplement products, ranked No. 1,687 on the list with a 271% three-year growth rate.
Pet Releaf, a hemp CBD-based pet supplement manufacturer operating out of Littleton, Colo., ranked No. 2,159 with a 201% three-year growth rate.
Lincoln, Neb.-based Nature’s Logic, a natural and sustainable pet food and treat brand recently acquired by Mid America Pet Food, Inc., was ranked No. 2,648 with a 154% three-year growth rate. This marks the company’s second consecutive annual listing on the Inc. 5000 list.
Carnivore Meat Company, the Green Bay, Wis.-based manufacturer of Vital Essentials and Nature’s Advantage raw-focused pet nutrition brands, was ranked No. 2,811 on this year’s list, with a 141% three-year growth rate. This marks the company’s third consecutive annual listing on the Inc. 5000 list.
"Carnivore's Culture has been integral and, in many ways, the catalyst to our rapid growth and success,” said Lanny Viegut, chief executive officer and owner of Carnivore Meat Company. “Our pioneering and innovative mindset, the ability to 'shift on the fly' and our commitment to helping each other get a little better every day are a few examples of our intentional and purposeful approach to the business and the ever changing and rapidly growing industry we serve.
“…With consumer demand on the rise, Carnivore Meat Company will be investing in more machinery, talent and facility expansions throughout this year and well into 2022.”
Boulder, Colo.-based “I and love and you” ranked No. 3,598 on the list, with a three-year growth rate of 94%.
On the pet retail side, Centennial, Colo.-based independent retailer Wag N’ Wash Natural Pet Food & Grooming ranked No. 842 on the list with a 578% three-year growth rate.
Ankeny, Iowa-based retailer Pet Parents was ranked No. 1,001 with a three-year growth rate of 482%.
On its mission to help pet companies grow their own businesses, Naperville-based Pawsitive Solutions has also seen significant growth over the last three year. The company offers marketing, product registration, lead management and other business solutions specifically for pet industry brands, and was ranked No. 3,369 with a three-year growth rate of 105%.
Additionally, Portland-based Vetsource, an information technology (IT) firm providing relevant services to veterinarians, was ranked No. 2,930 with a three-year growth rate of 132%.
Several other pet-minded brands were named to Inc.’s 2021 5000 list, including several pet product and service brands and a few companies playing in the lucrative pet technology space. Find the full Inc. 5000 list for 2021 here.
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