Pet food prices drop as overall ‘petflation’ slows to 2.1% in June

The pet industry’s inflation rate, dubbed “petflation” by industry analyst John Gibbons of PetBusinessProfessor.com, has now slowed significantly from its peak levels. In his latest monthly report, Gibbons noted that pet food prices have been deflating for 15 of the past 16 months, a major contrast to the grocery inflation rate of 2.4%. “Pet Food … Read more

4 CPG giants dominate pet food market share across price points

As much as pet food start-ups, niche brands and mom-and-pop producers have proliferated, the corporate big dogs still dominate the pet food industry. Not surprisingly, those same large pet food makers are also the ones leading the human food markets. Nestlé, Mars, General Mills and Colgate-Palmolive have captured significant market share in nearly every category … Read more