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Latest pet industry news
Nearly 8 out of 10 sales at Chewy come from repeat customers
The American online pet retailer sold 3.1% more in the 3 months to 28 April 2024.
Retail, Online & DTC
31 May 2024
These were the top dog breeds in 2023
The French Bulldog has been named the most popular breed 2 years in a row in the US. What’s the reason behind it?
Trends & Insights
31 May 2024
SPONSORED
by Pet Fair Asia
Pet Fair Asia – a platform that gives direct access to China’s multibillion pet market
Pet Fair Asia is the largest exhibition for the pet industry across Asia-Pacific and one of the largest in the world. Its 26th edition will take place in Shanghai from 21st to 25th August 2024.
Global Pet Industry
30 May 2024
Will the UK impose maximum vet prescription fees?
The Competition and Markets Authority (CMA) has launched an investigation of the national vet market amid competition and price concerns.
Pet Care
30 May 2024
Pets at Home nears £2 billion in yearly consumer revenue
The profit of the British pet retailer drops due to the weaker performance of accessories.
Retail, Online & DTC
30 May 2024
Pet inflation: How Canadians feel about rising costs
A recent survey suggests that pet parents in the country are paying this year up to 200% more for pet food. GlobalPETS dives into the data.
Trends & Insights
29 May 2024
SPONSORED
by Sanicat
Balancing sustainability and pet trends
Sanicat is a leading brand in cat products and dedicated to sustainability. Discover how its proactive approach to eco-friendly solutions harmonizes with changes in the human-cat relationship.
What we know about Purina’s new investment in Mexico
Nestlé will inject more than $200 million to expand the capacity of its pet food production in the country.
Pet Food
28 May 2024
Brazilian pet industry hits $13.8 billion in 2023
Pet food accounts for over half of the industry’s business, while the pet care and vet sectors increased turnover.
Global Pet Industry
28 May 2024
A loss-making business: CVS Group halts Dutch and Irish operations
The British vet care provider wants to focus on its home market and Australia.
Pet Care
27 May 2024
US government grants $2.8 million to enhance pet food exports
The scheme is aimed at expanding the footprint of pet players in high-potential regions.
News
27 May 2024
Bill to centralize regulation of pet food products in the US is stuck in Congress
The sponsors of the PURR Act, which would regulate the marketing and labeling of pet products in the US at a federal level, want the proposal to be voted on by December.
Pet Food
24 May 2024
Petco’s net revenue declines despite positive performance of vet and grooming services
The American pet retailer aims to restore profitability after a low quarter.
Retail, Online & DTC
24 May 2024
Latest M&A activity in the veterinary and pharmaceutical sector
GlobalPETS compiles the latest investments in the field, from veterinary laboratories to online pharmacies.
News
23 May 2024
€3 billion in pet food sales: a snapshot of the Italian industry in 2023
The wet pet food segment accounted for more than half of the country’s pet industry’s business in a year impacted by inflation.
Global Pet Industry
23 May 2024
Cost of living and lack of pet-friendly rentals: pet parents in Western Australia feel the pressure
New research sheds light on consumer spending and behavior. GlobalPETS takes a look.
Trends & Insights
22 May 2024
Mars to invest over €67 million in its pet business in France
Which production plants will benefit from the capital injection to boost the multinational’s pet operations in the country?
News
22 May 2024
This is how pet parents in Hong Kong distribute their monthly budget
Food and veterinarian costs represent more than a third of the total expenditure, according to new research.
Trends & Insights
21 May 2024
Canada to update process to register imported pet supplements
The federal government aims to streamline the importation process and reduce the administrative burden on importers.
Global Pet Industry
21 May 2024
Digital boosts revenue of Petz in Q1 2024
The Brazilian pet retailer posted an online gross revenue increase of 16.6% vs. a drop of 6.1% in its physical stores.
Retail, Online & DTC
20 May 2024
Russia’s pet population has risen 11% since 2020
New data reveals that last year, more than half of households in the country owned a pet. GlobalPETS dives into the insights.
Global Pet Industry
20 May 2024
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