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U.S. Pet Spending by Generation: Gen Xers Spend Most, Millennials Grow Stronger
According to John Gibbons, the Pet Business Professor, Americans spent $102.71 billion on their companion animals in 2022, 1.05 percent of $9.79 trillion in total expenditures. Pet spending was up $2.73 billion (+2.7 percent), much less than the $16.23 billion in 2021. In 2020 consumers focused on the necessary segments, food and veterinary, including a food […]
Antelope Announces Acquisition of My Perfect Pet, Expands Suite of Pet Wellness Offerings
Press release: Antelope Antelope, a leading provider of high-quality pet care products and services, recently announced the successful acquisition of My Perfect Pet, the original gently cooked dog and cat food brand founded in 2007 by Karen Neola. Together with Antelope, the goal at My Perfect Pet is to ensure that customers are receiving only the best […]
American Pet Products Association Inks Deal to Acquire The Pet Summit
Press release: APPA The American Pet Products Association (APPA) is pleased to announce it has acquired The Pet Summit, an educational conference and online platform dedicated to bringing together pet industry stakeholders. The deal comes at a time when APPA is looking to advance its member offerings and diversify the association’s services. Founded by pet […]
October Update: Petflation Drops to +5.2% vs 2022, Remains Above National CPI
While inflation is slowing, it is still a concern. According to John Gibbons, the Pet Business Professor, the huge year-over-year (YOY) increases in the monthly Consumer Price Index (CPI) peaked in June 2022 at 9.1 percent then began to slow until turning up in July and August 2023. In October prices dropped 0.04 percent from September and […]
FDA Report: TFP Nutrition Expands Recall of Pet Foods Manufactured in Nacogdoches, TX Facility
The U.S. Food and Drug Administration (FDA) is reporting that TFP Nutrition is expanding its voluntary recall that was initiated to include all dry dog, dry cat, and catfish formulas manufactured in their Nacogdoches, Texas, facility. The recall of these production codes is being conducted due to the potential for Salmonella contamination. Individuals handling dry pet […]
Mid America Pet Food Expands Recall of Dog, Cat Food Products Due to Possible Health Risk
Press release: Mid America Pet Food Mid America Pet Food of Mount Pleasant, Texas, is expanding its October 30, 2023, voluntary recall to include additional pet food products, with Best By Dates before 10/31/24, made at its Mount Pleasant facility, due to the products’ potential to be contaminated with Salmonella. Salmonella can affect animals eating the products, and there […]
Central Garden & Pet Acquires Pet Treat Company TDBBS, Strengthens Digital Capabilities
Press release: Central Garden & Pet Central Garden & Pet, a market leader in the Pet and Garden industries, announced today that it has acquired TDBBS, LLC from Bregal Partners. Based in Richmond, Virginia, TDBBS is a provider of premium natural dog chews and treats. The addition of TDBBS will expand Central’s portfolio with bully […]
Celebrating Certifications: What These Credentials Mean for the Pet Industry
By now, you’ve seen a variety of different emblems on product packages, labels and promotional items. More brands than ever are making certifications a part of their mission of transparency, which is a popular strategy to connect with consumers. Pet Age recently contacted several members of the pet care community to learn more about a […]
The Power 50: Recognizing the Industry’s Leading Pet Product Manufacturers
As 2023 draws to a close, the pet care industry remains a fast-changing one that continues to experience a great deal of success. After the first two years shining the light on individual members of the pet industry, we are excited to continue the Pet Age Power 50 program with the third annual list focusing […]
Aging Gracefully: Senior Pets Benefit From Proper Diet, Mental Stimulation
Though all pets age, there is a great deal of variety across the lifespans of popular domesticated species. The point at which a companion animal becomes “aged” varies across species as well as on an animal’s physical characteristics — for example, a dog’s size. A larger 6-year-old dog might be more aged than a small 6-year-old […]
September 2023 Update: Petflation Drops Again vs 2022, Pet Food Prices Rise
While inflation is slowing, it is still a concern. The huge year-over-year (YOY) increases in the monthly Consumer Price Index (CPI) peaked in June 2022 at 9.1 percent then began to slow until turning up in July and August 2023. In September prices grew 0.2 percent from August but the CPI remained stable at +3.7 […]
FDA Advisory: Salmonella Found in Darwin’s Natural Pet Food for Dogs, Cats
The U.S. Food and Drug Administration (FDA) is investigating certain lots of pet food products manufactured by Arrow Reliance Inc., dba Darwin’s Natural Pet Products, after product samples tested positive for Salmonella. The U.S. Food and Drug Administration is cautioning pet owners not to feed their pets certain lots of Darwin’s Natural Pet Products raw […]
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