BUSINESS - Increase of Over 350% in Pet Food Spending in 30 Years

A recent blog by Debbie Phillips-Donaldson, Editor-in-Chief of Petfood Industry, analyzes an increase in pet food spending of US$18.91 billion in the 30 years from 1984 to 2014.

The historical data is from the US Bureau of Labor Statistics (USBLS) and compiled and analyzed by John Gibbons of PetBusinessProfessor.com.

Though not at all an apples-to-apples comparison, Phillips-Donaldson wrote, it’s worth noting that from 1992 to mid-June 2015, overall US grocery store sales grew 85%; in that same period, pet food spending rose 180%.

The humanization of pets and premiumization of products for them, has definitely been a factor in the spending increase.

In 1984, pet care spending represented 0.48% of all US consumer expenditures. By 2014, that had nearly doubled to 0.95%.

Read the full story.

Petfood Industry releases updated Top Petfood Companies database

Exclusive database includes petfood industry information 

on more than 350 companies

 
Rockford, IL – January 9, 2015 – WATT Global Media and Petfood Industry magazine recently unveiled the updated version of its exclusive Top Petfood Companies database. The searchable database features more than 350 petfood manufacturers and marketers from around the world.
 
The database is searchable by specific company name, geographic markets served or key product categories. Published data includes company headquarters, types of products produced, main brands, annual revenue and volume, number of employees, plants and facilities and other information about each company.
 
“The global petfood industry is very dynamic, continually attracting new investors and players and experiencing a healthy level of merger and acquisition activity annually, says Debbie Phillips-Donaldson, Editor-in-Chief of Petfood Industry. “The database highlights all that ongoing activity as, each year, different companies rise toward the top or change their global ranking.”
 
New information is constantly being gathered and added to the database. If you have corrections, information or companies to add to the database, please contact toppetfoodco@wattnet.net.
 
The digital edition of Petfood Industry is available at www.petfoodindustry-digital.com and the online database can be reached at www.petfoodindustry.com/TopPetfoodCompanies.html.