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Latest pet industry news

Turkish pet food manufacturer signs $9M capital raise agreement

Turkish pet food manufacturer signs $9M capital raise agreement

After closing this new deal, Tropikal Pet is looking to enter the US market.
Pet Food
28 Mar 2024
New acquisition in the Mexican pet care space

New acquisition in the Mexican pet care space

Pet sitting platform Cuida Mi Mascota acquired services dog walking start-up Tu Mejor Amigo.
Pet Care
28 Mar 2024
US pet industry sales saw a 7.4% increase in 2023

US pet industry sales saw a 7.4% increase in 2023

According to the American Pet Products Association (APPA), pet food and treats accounted for nearly 45%.
Global Pet Industry
27 Mar 2024
Analysis: Russia restricts import of 4 European pet food brands

Analysis: Russia restricts import of 4 European pet food brands

The country’s agricultural watchdog concluded that some of the products are non-compliant with quality standards. GlobalPETS learn more.
Pet Food
27 Mar 2024
Rebranding: Radio Systems Corporation becomes PetSafe Brands

Rebranding: Radio Systems Corporation becomes PetSafe Brands

The rebranding of the Tennessee-based pet product manufacturer celebrates its position as a pet supply leader.
Global Pet Industry
26 Mar 2024
From 17.4 to 17.2 million pets: UK pet population trends in the past 2 years

From 17.4 to 17.2 million pets: UK pet population trends in the past 2 years

New data from UK Pet Food concludes that 60% of British households owned a non-aquatic pet in 2023.
Trends & Insights
26 Mar 2024
New warehouse and 24/7 self-service expansion: Plaček’s strategy

New warehouse and 24/7 self-service expansion: Plaček’s strategy

GlobalPETS analyzes the latest developments in the Czech pet retail group.
Retail, Online & DTC
25 Mar 2024
New Zealand minister officially opens new pet food plant

New Zealand minister officially opens new pet food plant

Wet food manufacturer Riverland Food’s production facility is expected to enhance the country’s export capabilities.
Pet Food
25 Mar 2024
Kormotech reaches a new milestone in 2023: $152 million in sales

Kormotech reaches a new milestone in 2023: $152 million in sales

The company expanded its presence to 42 countries worldwide and increased its market share in Ukraine.
Pet Food
22 Mar 2024
Chewy posts a profit, but outlook remains modest for the rest of 2024

Chewy posts a profit, but outlook remains modest for the rest of 2024

The American pet retailer sees wins with its autoship sales, which increased 15% in the last 12 months.
Retail, Online & DTC
22 Mar 2024
What’s been trending at Global Pet Expo 2024?

What’s been trending at Global Pet Expo 2024?

With sustainability at the forefront, retailers have introduced cost-effective, innovative, and trendy products for all-round pet care at the Florida expo.
Trends & Insights
22 Mar 2024
Treats and dry food: General Mills’ negative performance in pet portfolio continues

Treats and dry food: General Mills’ negative performance in pet portfolio continues

Sales in the category were down 3% in the 3 months to 26 February 2024.
Pet Food
21 Mar 2024
PupBox: Petco’s subscription box has been acquired

PupBox: Petco’s subscription box has been acquired

American women’s subscription box brand FabFitFun wants to tap into the pet category to meet growing demand.
Global Pet Industry
21 Mar 2024
Inspired Pet Nutrition boosts production capacity to cope with increased demand

Inspired Pet Nutrition boosts production capacity to cope with increased demand

The British pet food manufacturer pumps £30M into 2 facilities.
Pet Food
20 Mar 2024
Independence Pet Holdings adds Pets Best to its portfolio

Independence Pet Holdings adds Pets Best to its portfolio

The companies are exploring more opportunities for joint product development through the additional partnership.
Global Pet Industry
20 Mar 2024
UK’s competition watchdog: pet owners might be overpaying for medicines

UK’s competition watchdog: pet owners might be overpaying for medicines

GlobalPETS analyses the Competition and Markets Authority’s (CMA) concerns and how the industry has reacted.
Pet Care
19 Mar 2024
Indian animal protein firm Mukka makes IPO debut

Indian animal protein firm Mukka makes IPO debut

The fish oil supplier’s initial public offering (IPO) opened to strong demand.
Global Pet Industry
19 Mar 2024
Mars Pet Nutrition appoints new Global Chief Growth Officer

Mars Pet Nutrition appoints new Global Chief Growth Officer

Natalia Ball will focus on boosting marketing, sales, and innovation for the pet food manufacturer.
Global Pet Industry
18 Mar 2024
Analysis: Freshpet stock surge post-results takes the market by surprise

Analysis: Freshpet stock surge post-results takes the market by surprise

Why did the American pet food manufacturer surge by as much as 23% after releasing its 2023 earnings? GlobalPETS talks with an equity analyst.
Pet Food
18 Mar 2024
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