Despite reporting significant net losses in 2021, the fresh pet food company is looking ahead with calculated optimism.  

Agricultural exports in 2021 increased by 18% from 2020 and have surpassed the previous record set in 2014.

Global market share gains grew sales for Nestlé’s PetCare business by 11% over the year.

The company’s three segments reported a total order intake of $3.2 billion in 2021.

The science-based pet food business was a leader in net sales and organic sales growth in Colgate-Palmolive’s fourth quarter.

Preliminary financial results estimate full-year net sales growth of 33.5% over 2020.

The company is mitigating supply chain disruptions from procurement all the way through distribution.

Price increases for the company’s products will take affect at the end of this year to mitigate inflated costs. 

Key investors include Pendulum and 301 INC, the venture capital enterprise of General Mills.

Funding from several private equity firms will help the DTC brand accelerate product development.