Science-based and premium brands, such as Purina Pro Plan, Fancy Feast, and Purina ONE, contributed the most to this growth, as did veterinary products. Sales volume increases contributed 9.4% to growth, while 3.4% was attributable to pricing.
Thanks to record-breaking crowdfunding, Kombinat Konopny will be able to launch CBD-based dog treats and other pet products in Poland, then other markets.
Among the millions of insect species on Earth, arthropod agriculture has adopted only a few types. Black soldier fly larvae (BSFL), crickets and mealworms are among those few insects raised for use as pet food ingredients.
Better Choice Company launches Halo Elevate.
Pet food industry stocks in one bank’s index grew by 16.2% in 2021, compared to 9.8% in the prior year. Overall, established pet food industry companies yielded higher earnings per share than emerging businesses.
Phileo to hold microbiota conference.