Pet Food Processing - September 2024 - 14

Leading Dog Biscuit/
Treat Vendors
TOTAL DOG BISCUITS/
TREATS
Big Heart Pet Brands
Private label brands
Nestlé Purina PetCare
Mars Petcare
Blue Buffalo
Petmatrix
Arthur Pet Products
Spectrum Brands
Post Consumer Brands
Three Dog Bakery
Dollar sales
Price per unit
Current
$4,012,936,646
$1,059,555,980
$678,981,957
$433,090,285
$396,165,072
$361,832,394
$188,992,101
$82,184,447
$81,135,240
$64,714,861
$54,269,133
% change
vs YA
2.1%
0.7%
13.3%
-5.1%
2.0%
-4.2%
4.0%
0.0%
-7.5%
-11.4%
18.5%
Current
$6.90
$5.36
$6.32
$7.69
$12.32
$10.22
$12.17
$14.26
$6.97
$6.56
$6.31
Total US Multi-Outlet (Grocery, Drug, Mass Market, Convenience, Military and Select Club & Dollar Retailers) Time: Latest 52 Weeks Ended June 16, 2024
Source: Circana, a Chicago-based market research firm (@WeAreCircana)
Change
vs YA
4.4%
7.7%
-1.2%
10.0%
12.4%
-0.7%
-2.8%
-1.0%
-6.2%
-3.9%
1.8%
While online messaging can
help brands boost sales, there's
an ongoing concern about misinformation
about pet nutrition
and health on online outlets.
" A top-of-mind issue for us is
Leading Dry Cat
Food Vendors
TOTAL DRY CAT FOOD
Nestlé Purina PetCare
Big Heart Pet Brands
Mars Petcare
Private label brands
Post Consumer Brands
Blue Buffalo
Sunshine Mills
I & Love & You
Nunn Milling Co.
Bixbi Pet
Dollar sales
Current
$3,659,873,136
$1,773,275,068
$685,824,578
$402,835,341
$298,236,076
$291,428,349
$180,967,119
$6,291,767
$6,065,474
$5,545,787
$1,848,012
% change
vs YA
8.6%
4.5%
15.2%
18.6%
10.3%
9.1%
3.6%
5.5%
-19.2%
30.6%
1,081.5%
Price per unit
Current
$12.25
$12.73
$10.99
$14.40
$10.06
$10.22
$23.20
$5.22
$15.14
$7.70
$11.46
Total US Multi-Outlet (Grocery, Drug, Mass Market, Convenience, Military and Select Club & Dollar Retailers) Time: Latest 52 Weeks Ended June 16, 2024
Source: Circana, a Chicago-based market research firm (@WeAreCircana)
Leading Semi-Moist
Cat Food Vendors
TOTAL MOIST CAT FOOD
Mars Pecare
Private label brands
Because It's Better
Axis Products Group
Hartz Mountain Corp.
Dollar sales
Current
$6,107,974
$4,566,313
$980,473
$494,833
$60,035
$6,320
% change
vs YA
165.2%
246.8%
25.5%
191.7%
69.9%
-
Price per unit
Current
$7.21
$13.86
$2.28
$13.76
$1.17
Total US Multi-Outlet (Grocery, Drug, Mass Market, Convenience, Military and Select Club & Dollar Retailers) Time: Latest 52 Weeks Ended June 16, 2024
Source: Circana, a Chicago-based market research firm (@WeAreCircana)
Change
vs YA
50.8%
-0.8%
2.8%
-1.7%
-23.2%
$12.72 -
Industry issues
As pet food and treat innovation
continues and formulations
evolve to meet growing
pet parent demands, pet food
manufacturers are faced with
a growing list of challenges.
Headlining that list are initiatives
aimed at modernizing pet
food labeling and regulation.
In July 2023, the Association
of American Feed Control
Officials
(AFFCO) approved
new labeling guidelines for dog
and cat foods. These new model
14 PET FOOD PROCESSING | September 2024 | www.petfoodprocessing.net
Change
vs YA
5.9%
7.5%
7.7%
-7.9%
9.8%
6.8%
1.5%
-5.4%
4.4%
9.1%
-16.5%
the impact of the vast amount
of misinformation online on
pet health, " said Kelly Kanaras,
director of communications and
membership for the Pet Food
Institute (PFI). " At no time in
the past have pet owners been
inundated with so much inaccurate
information. We have heard
from veterinarians that this misinformation
is tragically causing
severe nutrient deficiencies and
health issues in pets. "
PFI recently updated its website
to provide more sciencebacked
information on nutrition
and pet health to pet owners.
" It
is important
that
pet
food makers proactively work
to build consumers' trust, "
Kanaras added. " Posting blogs
and social media posts that
provide science-backed information,
reminding consumers
that we are pet owners, too, who
want the best for our pets, and
providing health and wellness
tips to pet parents - all these
activities build trust and help to
combat the misinformation pet
owners are inundated with. "
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Pet Food Processing - September 2024

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