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Latest pet industry news

South Korean pet industry (II): how society is adapting to pets

South Korean pet industry (II): how society is adapting to pets

Higher spending and new demands have led big corporations—including Starbucks—to consider pets in their strategies.
Global Pet Industry
16 Apr 2024
Pet health insurance market sets new record in North America

Pet health insurance market sets new record in North America

According to the North American Pet Health Insurance Association (NAPHIA), the industry grew by 22% in 2023.
Pet Care
15 Apr 2024
South Korean pet industry (I): $500 million target for exports and more pets insured

South Korean pet industry (I): $500 million target for exports and more pets insured

GlobalPETS looks at how the Asian country is having a golden moment. We analyze how the government wants to profit from the increased ownership and pet insurance market.
Global Pet Industry
15 Apr 2024
Petco dismisses Chief Customer Officer

Petco dismisses Chief Customer Officer

Petco announced the termination of Darren MacDonald from his leadership role as of 12 April.
Retail, Online & DTC
12 Apr 2024
More pet products on shelves: Belgian supermarket chain wants to hear from industry

More pet products on shelves: Belgian supermarket chain wants to hear from industry

Delhaize invites pet food manufacturers to present their products in exclusive pitch sessions next month.
Retail, Online & DTC
12 Apr 2024
Industry round-up: latest efforts by pet food players to fuel production capabilities

Industry round-up: latest efforts by pet food players to fuel production capabilities

From Purina to General Mills, top pet players are pumping cash into facility expansions to satisfy their growing markets. GlobalPETS takes a look at these advancements.
Pet Food
11 Apr 2024
South Africa’s anti-trust regulator gives green light to acquisition of Absolute Pets

South Africa’s anti-trust regulator gives green light to acquisition of Absolute Pets

The South African Competition Tribunal has approved Woolworths’ procurement of the specialist pet product company effective 1 April 2024.
Retail, Online & DTC
11 Apr 2024
How did the pet food and aquaculture production industries fare in 2023?

How did the pet food and aquaculture production industries fare in 2023?

As American nutrition firm Alltech releases its annual survey, GlobalPETS looks at the most relevant numbers.
Global Pet Industry
10 Apr 2024
Swedencare posts positive results for 2023 despite market uncertainties

Swedencare posts positive results for 2023 despite market uncertainties

The Swedish pet care firm describes 2023 as a “year of consolidation” in its newly released annual report.
Pet Care
10 Apr 2024
British MPs urge action against designer pet clinics

British MPs urge action against designer pet clinics

A parliamentary committee has called on the government to tackle the rapid growth of canine fertility centers.
Global Pet Industry
9 Apr 2024
Simmons Pet Food announces closure of Canadian plant

Simmons Pet Food announces closure of Canadian plant

The North American pet food manufacturer wants to centralize production and distribution.
Pet Food
9 Apr 2024
US pet food exports decline in Asia but ramp up in Mexico and Jamaica

US pet food exports decline in Asia but ramp up in Mexico and Jamaica

Global pet food exports decreased by 3% in 2023, according to fresh insights from the Pet Food Institute (PFI).
Global Pet Industry
8 Apr 2024
Cultivated chicken: how will it shape the future of pet food?

Cultivated chicken: how will it shape the future of pet food?

Meatly recently announced the rollout of a new cultivated chicken product for cats in the UK market, with expectations to expand to North America soon.
Pet Food
8 Apr 2024
8 out of 10 Aussie pet parents worry about inflationary pressure

8 out of 10 Aussie pet parents worry about inflationary pressure

Most Gen Z and Baby Boomer pet owners in the country are concerned about rising costs. GlobalPETS takes a look at the latest insights.
Trends & Insights
5 Apr 2024
Analysis: How Tractor Supply plans to expand its offline footprint to meet pet owner needs

Analysis: How Tractor Supply plans to expand its offline footprint to meet pet owner needs

After recently opening its 200th location of pet business Petsense, what are the expansion plans of the largest rural lifestyle retailer in the US?
Retail, Online & DTC
5 Apr 2024
How’s the Italian pet industry doing?

How’s the Italian pet industry doing?

GlobalPETS dives into the latest available data about the Italian pet food segment and its e-commerce channels.
Global Pet Industry
4 Apr 2024
Undervalued deal? Talks to sell Partner in Pet Food have reportedly been put on hold

Undervalued deal? Talks to sell Partner in Pet Food have reportedly been put on hold

CVC Capital Partners and Advent International recently submitted a joint bid to acquire the European pet food business. Now, the future of the operation is unclear.
Global Pet Industry
4 Apr 2024
Alibaba’s former CEO takes a leading role in pet healthcare investor

Alibaba’s former CEO takes a leading role in pet healthcare investor

Daniel Zhang joins Firstred Capital 7 months after quitting the Chinese e-commerce giant.
Global Pet Industry
3 Apr 2024
Less than a quarter of pet owners in America have their animals insured

Less than a quarter of pet owners in America have their animals insured

A new survey reveals that having a child, a college degree and a higher income makes a difference in whether owners have pet insurance or not. GlobalPETS dives into the data.
Trends & Insights
3 Apr 2024
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