Tag: Pet food

Pet food market in MEA region holds great potential following rise in pet ownership – Eurominitor

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MEA – The COVID-19 pandemic, social media, increasing consumer education and awareness and growth of ecommerce are some of the factors driving the sales of pet food in the Middle East and Africa.  A new Euromonitor International report, Emerging Market for Dog Food in Middle East and Africa, notes that despite the region being the smallest market, it has posted strong growth in sale of pet foods over recent years. The market is largely untapped due to the historic restrictions and perceptions. For instance, countries in the region are dominated…

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General Mills to acquire Tyson Foods’ pet food business as Kraft Heinz splashes US$200m to acquire Primal Kitchen

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US – American multinational manufacturer and marketer of branded consumer foods General Mills has announced plans to acquire Tyson Foods, Inc.’s pet food business for $1.2 billion to strengthen its position in the rapidly expanding category. General Mills entered the pet food category in 2018 when it acquired Blue Buffalo Pet Products, Inc. for approximately US$8 billion. Since then, the pet food market has been rapidly expanding thanks to a rise in the number of American homes that own pets. “Pet food is a high-growth category, fueled by the humanization…

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Shoprite owned Checkers opens first pet store in South Africa

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SOUTH AFRICA – South Africa’s leading and fast-growing retailer, Shoprite, has opened its first pet store in the country, next to the newly revamped Checkers outlet in the Cape Town suburb of Brackenfell. The speciality store known as Petshop Science, is aimed to tap the growing consumer segment with Flux Trends indicating that South Africans spend between R300 million and R600 million on pet food per year. Being its inaugural pet store, Shoprite has indicated it will offer details on potential expansion in the future, reports Fin24. Pet care market…

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Pet care market to grow 7% by 2026, e-commerce projected to contribute a third of global sales – Euromonitor

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UK – The global pet care market is expected to continue benefits from a sales boom that spiked during the pandemic as more home owners globally adopted pets for the companionship they offered during the difficult and uncertain times. The influx of pet owners resulted in an explosion of demand for pet products. According to Euromonitor, Pet care sales soared by 8.7% in 2020. Pet food, accessories, beauty and grooming categories benefited the most from the pandemic with growth of 8.1%, 10.3% and 11.3%, respectively. Euromonitor now notes that the…

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Nestlé’s pet care subsidiary, Purina to invest US$550m to expand US pet food factory

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US – Purina PetCare, a subsidiary of swiss food conglomerate giant Nestlé has announced plans to invest US$550 million to expand its pet food manufacturing facility in Hartwell, Georgia. The expansion which according to Purina will create up to 130 jobs comes just one year after the factory’s grand opening in November 2019. Providing the rationale for the expansion, Nestlé said: “As a result of growing demand for Purina’s high-quality and nutritious pet care brands, the facility is expanding to add processing, packaging and warehouse capacity.” Demand for pet food…

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Nestle upgrades Australia based pet food manufacturing factory with US$65.5m

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AUSTRALIA – Nestle S.A. has announced that its subsidiary Nestle Australia Ltd. Is set to invest US$65.5 million to upgrade its Blayney factory that manufactures Purina PetCare products. The announcement brings total investment to the site to almost US$200 million in the past 10 years. The latest investment will extend existing production areas and include installation of new equipment, allowing for increased production capacity and export growth. Nestle Blayney factory manager, Andrew Devlin said the upgrading of its equipment will finalize in 18 months. There will be 100 construction, installation and…

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Nestlé pumps US$103m to China, opens first plant-based food site in Asia

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CHINA – Swiss food and beverage behemoth, Nestlé, has announced a series of investments in China that will further strengthen its footprint in the country and enable it to further enhance its product portfolio. The company is planning to invest more than US$103 million (RMB 730 million) in a “significant” capacity expansion of its existing petfood plant in Tianjin, introducing new production lines for high-value products. The investment also includes the company’s first production facility of plant-based products in Asia. In addition, Nestlé is also making an new investment for…

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Nestlé Purina to invest US$140m in expanding US pet food factory

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USA – Nestlé Purina, the pet food manufacturing division of Nestlé, has announced a major investment in its Clinton pet food factory, in which the company will be investing US$140 million to expand the facility’s production capacity. While the global pet food market is gaining traction and is projected to reach US$113.08 billion by 2025, as per a new report by Grand View Research, Nestlé Purina said that the expansion facility will allow Purina to meet a growing demand from pet foods. The company plans to add new processing and packaging lines…

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Nestlé Purina PetCare opens $320m pet food factory in the United States

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USA – Nestlé Purina PetCare Company, a premiere global manufacturer of pet products, has opened its 21st factory in the United States in Hartwell, Georgia, to enable the company meet the growing demand for pet foods. With a total investment of more than US$320 million, the new factory is Purina’s first new US factory in two decades, adding to its other manufacturing facility in Fairburn, Georgia. The investment also represents Nestlé’s single largest investment in a pet care facility in the last decade in the US, Canada and Latin America.…

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South Africa drafts a bill on feed, pet food and fertilizer manufacturing

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SOUTH AFRICA – South Africa’s Department of Agriculture, Land Reform and Rural Development has proposed changes to the Feeds and Pet Food Bill and the Fertiliser Bill, governing the regulation and licensing of facilities that manufacture fertilisers, animal feed and pet food. Animal feeds, pet food and fertilisers in South Africa are regulated in terms of the Fertilisers, Farm Feeds, Agricultural Remedies and Stock Remedies Act (Act No. 36 of 1947). Since 1947, there have been significant changes in the manner in which the animal feeds, pet food and fertilisers…

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