Nutritional efficacy, quality and sustainability continue to drive pet food purchasing decisions, even when budgets are tight.

Growing pet ownership and evolving nutritional sentiments make this market a key opportunity for US dog and cat food producers.

ADM shares how current trends will evolve to continue fueling industry growth in the coming year and beyond.

A continuation of value-seeking consumer behaviors resulted in sales declines for the company’s pet food segment.

Michael Johnson of BSM Partners imparts valuable brand strategy insights and key industry trends expected to drive the industry forward in 2024 and beyond.

M&A activity in the pet food and treat industry continues to show strength despite slowing from 2021 and 2022 levels.

Dog and cat food sales have been buoyed by inflation in recent years, and pet owners are beginning to make tradeoffs to stave off price pressures.

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

Liq Lickable Dog Treats and Krunch Air Crisps will now be sold for $9.99.

Roughly 78% of pet owners surveyed said they are willing to increase their spending on pet food and treat products this year.