Arch Pet Food’s Post

I found this report from Bloomberg dated March 2023 and can definitively confirm their forecast. The study revealed that the global pet industry is set for substantial growth, projected to reach nearly $500 billion by 2030, up from $320 billion. The surge is fueled by a rising global pet population and increased spending on premium pet food and services, driven by the humanization of pets. The US is expected to lead with sales reaching $200 billion, driven by elevated spending on pet healthcare and diagnostics. Investments in complex drugs and preventive-care diagnostics could contribute to a $25 billion and $30 billion market, respectively. The growth in the last year of LLMs contributed to the rise of new technologies such our LAIKA, with AI coming to innovate the diagnostic field. 🌐🐕💼 #PetIndustry #GlobalGrowth #PetCare #EcommerceTrends

Check out some of my thoughts on pet parents and their drive for premium pet food in Marketplace by APM's recent publication! 🐾 As innovation within the premium space continues, important questions remain over the threat of private label and the true choices available to pet parents when it comes to trade downs.

💡 #Technology at the service of pets is a booming market. If a dog 🐶 is a man's best friend, these days, we can say the dog's best friend is... technology! 📊 So much so that the so-called global pet tech market was valued at $5 billion in 2022 and it's expected to show a compound annual growth rate of up to 15% between 2023 and 2032. 👉 You can read more about the impact of technology, specially in pet health care, in this article published in the last issue of #AllPetFoodMagazine 📌 ENG: https://lnkd.in/d5nPCzug 📌 ESP: https://lnkd.in/dMBQXvSM Candelaria 📚 Content Creator - Translator _______________ #PetTechMarket #PetHealthCare #PetIndustry #Innovation

Did you know that approximately 66% of US households own a pet? This week, our analysis of 72 pet food companies in the US revealed a strong market growth fueled by increasing pet ownership and a rising trend of humanizing pets, particularly among Gen Z and Millennial pet owners who prefer human-grade food for their pets over traditional options. PE-led interest has been significant, with ~64% of the identified assets being sponsor-backed. Herein, the rising pet ownership rates, a trend towards premiumization in pet food and the industry's resilience during economic downturns appeal to financial sponsors. On the other hand, challenges about state-specific regulatory hurdles and ingredient sourcing challenges from the shift in consumer preference are key detractors for investors. 301 INC, Alvarez & Marsal, Apax, Blue Horizon, BC Partners, CAVU Consumer Partners, Clearlake Capital Group, Caisse de dépôt et placement du Québec (CDPQ), Canaan, The Carlyle Group, Correlation Ventures, CPP Investments | Investissements RPC, CVC Capital Partners, Digitalis Ventures, Felicis, Forerunner, Founder Collective, Goldman Sachs Asset Management, Insight Partners, Inverness Graham, L Catterton, Leap Venture Studio & Academy, Left Lane Capital, Lerer Hippeau, Main Street Capital Corporation, PAI Partners, Primary Venture Partners, RiverPark Ventures, Shasta Ventures, SOSV, Summit Partners, SVA, TA Associates, Valor Capital Group, Wind Point Partners part are currently invested in the US pet food market. Interested? Read our full report: https://lnkd.in/gMcUF777 #petfood #pettreats #petsnacks #petcare #petsupplies #rawpetfood #animals #animalnutrition #privateequity #privatemarkets #dealsourcing

How many pet reels do you come across on Instagram daily? 📱 I guess, plenty! From pet grooming reels where a pet dad brushes his dog's teeth with a special dog toothbrush to videos of two or three cats fighting in a cat hammock, these trends show that the demand for pet products is soaring. The pet product manufacturing industry is evolving to meet these changing demands. Here’s how: 📌 1️⃣ 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐂𝐡𝐨𝐢𝐜𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐞𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 The pet food market is projected to grow to $107.49 billion by 2025. Companies are using sustainable ingredients like plant proteins and insects. Major players like Mars Petcare are transitioning to 100% recyclable packaging to reduce plastic waste. The industry is also focusing on upcycled products and sustainable sourcing certifications to enhance environmental stewardship. 📍 2️⃣ 𝐂𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬 𝐢𝐧 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 Supply chain mapping and product life cycle analyses (LCAs) are becoming more common. Companies are conducting LCAs, implementing regenerative agriculture, and using alternative protein sources. This is happening in front of us, in the industry. More and more suppliers are adopting these sustainable practices, ensuring facilities have recycling and composting systems, and setting energy and water reduction targets. 📌 3️⃣ 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐚𝐧𝐝 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 Technology is revolutionizing the pet care market. Founders working with Gembah have developed products like GPS trackers, automatic feeding stations, and retractable dog leashes. These advancements help pet owners monitor their pets' health, book grooming appointments, and stay connected. P.S. I will be attending the India International Pet Trade Fair at Goregaon (5th-6th October) Here's the link if you want to witness the Pet Market first-hand: https://iiptf.in/

How does a startup make a splash in the pet food market and quickly become a household name?     Butternut Box | B Corp is doing just that with its innovative approach to delivering premium meals for pets. With a valuation exceeding £500 million in 2023, they’ve proven that a fresh perspective can redefine an industry.    Feeding our beloved pets can be complex - choosing the right ingredients and meeting specific dietary needs often feels overwhelming (just ask me and my dog, Mabel!).     Butternut Box is transforming the pet food experience and setting new standards in a traditional market.    What sets them apart? It’s their exceptional digital experience.     Here are five ways they’ve achieved this:    → Bright and Engaging Branding  → Innovative Onboarding Flow  → Humorous + Informative Content  → Commitment to Accessibility  → Responsive + User-Centric Design    While Butternut Box’s personalised pet food solutions may not always be the cheapest option, the convenience and quality of both their product and digital experience offer significant value. It’s a trade-off that pays off in enhanced ease and satisfaction.    In essence, Butternut Box isn’t just meeting market demands; it’s setting new benchmarks for how pet food is purchased and delivered. Their dedication to a superior digital experience and customer-centric service is a model for success in today’s competitive landscape.

This is just the beginning of the evolution of APPA’s research and reporting. While the “APPA Strategic Insights for the Pet Industry: Pet Owners 2023 & Beyond” is currently available for purchase (and no longer limited to just APPA members), APPA is also planning to premiere new, species-specific quarterly reports. Starting with the “State of the Industry,” which will be released in March at Global Pet Expo 2024, additional modules will be provided on a quarterly basis throughout the year so that subscribers have access to new, fresh data and insights on a regular basis. This cadence, representing truly high-value information, is available to everyone in the pet industry at a low cost. American Pet Products Association (APPA) #PetIndustry #PetOwnership #PetProducts #AmericanPetProducts

Embark on a strategic journey where research and analytics take center stage in shaping organizational decisions. These dynamic tools are our creative compass, guiding us towards short-term wins and long-term triumphs, setting the stage for innovation. Yet, the genuine magic emerges as data unveils its insights. Check out Dr. O'Hara's article below to see how APPA is evolving to bring more insights to the pet industry. American Pet Products Association (APPA) #PetIndustryInnovation #PetOwnershipRevolution #InsightsElevation #APPAVisionaryJourney Kerry O'Hara, PhD Ali McIntyre Peter S. Ingrid PenaPatrick O'Brien, MBA, PMP

The global pet care market is projected to hit $363.19 billion by 2030 🙀 It's a booming sector fueled predominantly by love for fur babies (or scaly ones) The largest pet food brands include Nestlé Purina North America, Mars Petcare, and Hill's Pet Nutrition. They're big, they're making a ton of money, and they're household names. But now comes the rise of the challenger brands such as: KatKin, Native Pet, and Spot & Tango. They're largely D2C, reaching out to consumers on platforms like Instagram and TikTok, highlighting the key to making healthier choices for your pets, and celebrating quality. What I'd really like to talk about is the value propositions across these brands: 🐶 Nestlé: Your Pet, Our Passion. 🐈 Mars: A better world for pets 🐩 Hill's: Premium petfood backed by science 😻 KatKin: Love hard, feed fresh 🐕 Native Pet: Health isn't just for humans 🐶 Spot & Tango: Fresh dog food, reimagined. All of these value props have things in common, they all: ✅ Lean into the pet's health ✅ Highlight quality ✅ Understand how much their audience cares about their pets Because let's face it, making sure our pets have the very best is a massive part of being solid pet owners (or in the case of cats, the owned). Pet brands have the unique position of having an emotional platform to leap from, and it works in different ways for every single one of these brands whether they're a startup or a massive global leader. Gotta love the framework of emotional decision making! How are you using this for your brand? ⬇ Sweet photo of my two youngest cats having a cuddle 😍 #ContentStrategy #ValuePropositions #DecisionMaking #EmotionalTriggers #MarketingStrategy #ConsumerCentric

Unleash the Potential of the Pet Industry 🐾 Recent reports' analysis show the explosive and steady growth of pet products! With pets becoming cherished family members, owners are opening their hearts and wallets to pamper their furry companions like never before! 🐶 🐱 Bloomberg reveal a bountiful future for the industry: U.S. leading the pack with sales nearing $200 billion by 2030. Europe, with only 8% market penetration, it presents a golden opportunity for savvy entrepreneurs and investors to tap into a rapidly expanding market 📈 🌏 Let's not forget about Asia! As the third-largest consumer of pet products, its booming market offers boundless potential. Not only is it a hub for manufacturing, but it's also a key player in global exports, fueling growth both domestically and internationally Are you ready to seize the leash and lead the pack in this thriving industry? Don't miss out on this purrfect opportunity to be part of the pet industry's exciting journey! #tradeshows #petfoodindustry #petcare #petindustry #industryinsights #MarcaChina #marcaevents