Category Pets Market

Nutrition Technologies, an insect-based protein ingredients manufacturer operating in Malaysia and Singapore, is in the process of exporting its insect meal to the European Union (EU), the first company from Malaysia to make the cut.

In 2022, Malaysia, along with Canada, Switzerland, United Kingdom and South Korea, became eligible to export insects and insect-based products to the EU. The Malaysian Ministry of Agriculture then approved Nutrition Technologies to send its insect meal and oil as feed ingredient for aquafeed, livestock and pet food to the single European market and the UK.

Nutrition Technologies manufactures and supplies insect protein meal, oil

The pet food category only continues to grow in terms of dollar share, and increasingly the humanization of pets also continues to be a strong trend in US households.

Pets are being treated like family now more than ever before — think pet daycares and pet spas — so it makes the sense that they start eating like the closest of relatives.

Related: Pet owners embrace premium pet food options

According to recent research by Bloomberg Intelligence, the pet food industry continues to put on some serious weight in terms of total dollars. In the US alone, the pet market

LEXINGTON, Ky. — Spark of Madison County has a new Foster for Recovery program to help alleviate concerns for pet owners wanting to start their recovery journey.

Hyderabad: The Indian pet market has transitioned into a hunting industry. India’s pet care segment is experiencing rapid growth, escalating annually by 13.9 per cent. At the PET Industry Leadership Conference held at Hitex, experts noted the adoption of 600,000 pets annually in India. This conference, featuring five sessions, coincided with the PETEX and Hyderabad Kids Fair at Hitex in Madhapur, drawing over 100 delegates from India and overseas.

As per the Indian Pet Industry Joint Advisory Council (IPICA), the pet industry in India is projected to grow at a CAGR of 20 per cent over the next five

Rising awareness regarding organic pet food in developed and emerging nations, coupled with increased pet ownership, is boosting the worldwide pet food market, which is expected to expand throughout the forecast period.

New York, United States, Oct. 04, 2023 (GLOBE NEWSWIRE) — Food for pets, such as cats, dogs, birds, and other animals, is often available in supermarkets, pet stores, etc. As the number of pet owners has increased, the demand for pet food has increased significantly over time. ““The global

New product news from Sundown Products…

Sundown Products has expanded its range of animal bedding into domestic poultry and pet cats, with two new products — Egg-e-bed, and Kitt-e-litter — and announced an addition to its sales team with the appointment of Diane Lloyd as area sales manager covering the northern region of England.

The two new products have been designed specifically for the pet market. Egg-e-bed is a finely-chopped wheat straw bedding for home-kept chickens, ducks, and other domestic poultry, available as a 19kg plastic-wrapped bale. Kitt-e-litter is a straw pellet cat litter, available in a 15kg plastic bag.

For the ongoing health of the industry, should pet food manufacturers and pet retailers pull back from the common, long-held strategy of focusing mainly on superpremium products and their purchasers?

That’s a concept posed by Bryan Jaffe, managing director, and John Gulvezan, vice president, of Cascadia Capital, an investment firm that closely tracks the pet industry. In their “Pet Industry Overview, Spring 2023” report, they wrote about what they see as a trend toward the industry bifurcating into two markets: superpremium and economy, “with affluent pet owner spend offsetting declining ownership and lower spend from median pet owners. ”

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