From manufacturers and suppliers to retailers and associations, the industry remains an attractive opportunity for investments and strategic consolidation.

Planet Pet Society is powered by upcycled ingredients, renewable energy and recyclable packaging.

The Purina ONE DualNature range boasts a 15.7% reduction in carbon footprint through fine-tuning of manufacturing, formulation and logistics.

The company has received TRACES approval from the Ministry of Agriculture.

The science-backed supplement brand will leverage ADM Protexin’s capabilities to expand in Europe and select Asian-Pacific markets.

Retailers throughout the region have launched more private label products, increasing their share in the market by 18% in 2022.

Kormotech Ventures will invest in innovative, early-stage pet care companies to foster the industry’s growth.

The association detailed industry growth and pet ownership data in its Facts & Figures 2022 report.

Applications for the program are open from Sept. 1 to Oct. 15.

The company plans to use the funds to establish its second manufacturing facility.