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Latest pet industry news

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
Shanghai moves to make China’s capital more pet-friendly

Shanghai moves to make China’s capital more pet-friendly

Officials believe creating a more pet-inclusive environment will attract younger generations to the city. GlobalPETS learns more.
Global Pet Industry
15 Mar 2024
Petco announces rise in consumables and services businesses amid leadership transition

Petco announces rise in consumables and services businesses amid leadership transition

The pet retailer’s yearly net revenue until February stood at $6.3 billion (€5.7B), an increase of 3.6% compared to the previous year.
Retail, Online & DTC
15 Mar 2024
These are the new B Corp-certified pet companies

These are the new B Corp-certified pet companies

Lintbells (UK), Zesty Paws and Solid Gold (US) and Agronutris (France) have been recognized for their sustainability efforts.
Global Pet Industry
14 Mar 2024
Packaging firm ProMach acquires Italian processing equipment supplier Zacmi

Packaging firm ProMach acquires Italian processing equipment supplier Zacmi

Closed for an undisclosed sum, the deal is expected to give both players access to a wider market.
Production & Packaging
13 Mar 2024
Québec bans 4 cosmetic surgeries on pets

Québec bans 4 cosmetic surgeries on pets

The Canadian province has become the latest to regulate aesthetic and unnecessary surgeries on pets, animal welfare practices and commercial breeding.
News
13 Mar 2024
New Zealand’s Petdirect lands undisclosed funding

New Zealand’s Petdirect lands undisclosed funding

The online pet retailer secured a significant investment to enhance its online platform and improve customer experience.
Retail, Online & DTC
12 Mar 2024
Sniffers Pet Care lands fresh investment

Sniffers Pet Care lands fresh investment

The British pet treats supplier received a capital injection of £850,000 from private equity (PE) firm Traditum.
Pet Food
12 Mar 2024
Petz increases market share despite “fiercer” competition in 2023

Petz increases market share despite “fiercer” competition in 2023

The Brazilian pet retailer increased its gross revenue by 12.5% last year.
Retail, Online & DTC
11 Mar 2024
These pet products have won the 2023 European Product Design Awards

These pet products have won the 2023 European Product Design Awards

The awards recognize the best in international product design in different categories, including pet supplies.
Trends & Insights
11 Mar 2024
Pet food drives organic growth for Symrise

Pet food drives organic growth for Symrise

The company’s Taste, Nutrition & Health segment – including pet – improved its performance by 9.3% in 2023.
Pet Food
8 Mar 2024
AlgoGroup raises $1 million seed funding

AlgoGroup raises $1 million seed funding

The Singapore tech pet start-up aims to address the growing market for emerging pet brands.
Global Pet Industry
8 Mar 2024
Indian dog food producer to expand its range in hotels

Indian dog food producer to expand its range in hotels

Harley’s Corner has partnered with a hospitality firm to offer its products across 24 hotels in the country.
Pet Food
7 Mar 2024
Pet Valu sees steady growth in 2023

Pet Valu sees steady growth in 2023

Canada’s largest pet retailer increased revenue and sales last year, but net income declined. GlobalPETS dives into its latest earnings report.
Retail, Online & DTC
7 Mar 2024
Indiana pet retailers to sell animals in-store again

Indiana pet retailers to sell animals in-store again

A new proposal repealing local ordinances prohibiting the sale of pets has been approved by the state's governor.
Global Pet Industry
6 Mar 2024
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