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Omnichannel pet nutrition brand Drools is expecting its e-commerce business to grow 40%-45%, accelerated by q-commerce. Click on the link below to know more... Drools Pet Food I Rakhi Rana I Drools I Mitu Paul I Priyanka Dangey I Shashank Sinha I Arun Soni | Sandeep Kumar #drools #petfood #petproducts #petcare #ecommerce #qcommerce #petnutrition #omnichnnel #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing 

Pet Food Packaging Market Trends, Opportunities, Key Segmentation, Regional Growth, Leading Companies, and Forecast to 2028: Browse 392 market data Tables and 53 Figures spread through 300 Pages and in-depth TOC on “Pet Food Packaging Market” The pet food packaging market is growing due to rising pet ownership and demand for premium products. Future growth is … Continue reading → #Business #Europe #ManufacturingIndustry #UK #US

Nutriscience, a French petfood specialist that manufactures and sells petfood, notably under its own brands Nutrivet and Physyo, is looking for a buyer. The receiver, CBF ASSOCIES represented by Maître Thibaut Patard-Piedmont, have launched a call for tenders, with the deadline set at June 28th, 2024. Following a major structuring phase that allowed it to build and finance its manufacturing base, but also reference its Nutrivet products internationally and with key actors in the e-commerce sector including ZooPlus, Amazon, and Cdiscount, in 2023 the company launched an ambitious development phase, the objective being to double sales revenue within 5 years. In 2023 this latter stood at 13 million Euros. For that it can depend on a team of 48 strong, ambitious employees. It also has a factory with 9500m2 of floorspace in Agen, which it moved into at the beginning of 2023, and offices in Toulouse (France). A takeover opportunity that should be studied with interest in a buoyant market. As a matter of fact, the petfood sector has experienced continuous growth over the last few years, notably down to an increase in the number of pets and the food budgets that are allocated to them. #choosefrance #food #france https://lnkd.in/dUipg7qX

Care category is on loop…

𝐈𝐧𝐝𝐢𝐚 𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐚𝐧𝐝 𝐍𝐚𝐭𝐮𝐫𝐚𝐥 𝐏𝐞𝐭 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐 The India natural pet food market size reached US$ 160.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 428.1 Million by 2032, exhibiting a growth rate (CAGR) of 11.12% during 2024-2032. Moreover, the India organic pet food market size reached US$ 9.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 27.6 Million by 2032, exhibiting a growth rate (CAGR) of 11.9% during 2024-2032. 𝐆𝐫𝐚𝐛 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/gAfi-YV7 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: ● 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧: Diverse pet food formulations like grain-free, hypoallergenic, and protein-rich options cater to specific needs, propelling market growth. ● 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 & 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠: E-commerce and social media connect with consumers, promoting organic and natural pet food benefits, while collaborations with veterinarians build trust and credibility. ● 𝐄𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧:Growth of pet specialty stores and dedicated supermarket sections increases accessibility of premium pet food, fueling market expansion. 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://lnkd.in/gh2aA89F #Indianaturalpetfoodmarket #marketresearch #business #marketanalysis #markettrends #researchreport #marketreport #marketforecast #marketgrowth #businessinsights #industryanalysis #marketoutlook #growthprojections #marketstatistics #competitiveanalysis #trendanalysis #marketinsights #imarcgroup

Though The J.M. Smucker Co.'s #petfood sales dropped a significant 39% in the third quarter, the company remains optimistic in its refocused portfolio. Segment profit remained flat at $109.5 million, despite the company divesting about half of its pet nutrition portfolio last year. The company also experienced double-digit net sales growth for its Meow Mix and Milk-Bone brands. “We anticipate this strong brand momentum to continue into the fourth quarter,” said Tucker H. Marshall, chief financial officer of Smucker. More details on Smucker's latest earnings: https://ow.ly/X2p150QMUrR #petfoodindustry

The revenue growth of the experimental dairy plant (EDP) at Guru Angad Dev Veterinary and Animal Sciences University (GADVASU) has soared from Rs 19.6 lakh to Rs 2.02 crore in just three years! This remarkable achievement is attributed to value-addition, innovative practices, strategic marketing, and the relentless efforts of dedicated staff. Dr. Inderjeet Singh, Vice-Chancellor, highlighted the critical role of transforming milk into high-value products. The use of milk for value-added products surged from 8% to 28%, significantly boosting revenue. Products like kulfi, pinny, dahi, mozzarella cheese, flavored milk, burfi, milk cake, ghee, whey drinks, and newly launched desi ghee biscuits have diversified the product range, attracting a wider customer base. A standout product is the premium Sahiwal Ghee, which exemplifies the value-addition strategy. Produced from Sahiwal milk, its price realization jumped from Rs 30-35 per kg to over Rs 100 per kg, contributing to substantial revenue growth. Dr. Singh also emphasized the importance of environment-friendly packaging, with upgrades like vacuum packaging for paneer and glass bottle packaging for ghee, ensuring quality and regulatory compliance. Dr. R.S. Sethi, Dean, College of Dairy and Food Science Technology, noted various management changes that streamlined operations, improved efficiency, and fostered a culture of innovation. . . #Innovation #Sustainability #DairyIndustry #ValueAddition #RevenueGrowth #GADVASU https://lnkd.in/g7wnFJJj

Claire Obertin, market research associate with Cleveland Research Company, noted she is seeing strength in mass merchandisers, specifically Walmart, as well as eCommerce sites like Amazon and Chewy, as pet consumers look to value-oriented retailers when making pet food purchases. Cleveland Research sees this trend continuing throughout 2024 and into 2025 as mass and eCommerce retailers make meaningful investments into their pet food offerings. “This requires pet food brands to have an omnichannel strategy,” said Obertin. “They need to engage with pet parents both in store and online, articulating their value propositions and addressing key consumer concerns like food quality, health, nutrition, and value.” https://hubs.ly/Q02mq99h0 MSI Express - we watch trends closely to help create strategic business opportunities for our customers. For more information on our pet food capabilities please reach out to Paula Jose or visit the Global Pet Expo, Booth #5881, March 20-22 in Orlando, FL to discuss your packaging needs. MSI Express is a strategic, innovative contract manufacturing and packaging company. Our growing breadth of capabilities and trusted team of problem solvers are a perfect match for the challenges of today’s CPG world. https://hubs.ly/Q02mqd3m0 #manufacturing #supplychainmanagement #innovation #MSIExpress #foodindustry #foodmanufacturing #packagingsolutions #foodandbeverage #sustainability #packaginginnovations #petfood #petfoodindustry #inc5000list #snackfood #gummies #supplements #consumerbehavior #packaging #foodbusiness #foodandbeverageindustry #food #foodandbeveragemanufacturing #innovation #supplychain #contractpackaging #contractmanufacturing #copack #copackager #packaging #cpg #cpgindustry #comanufacturer #brand #energy #compliance #foodsafety #quality

RCL Foods gets approvals to unbundle, list Rainbow: RCL Foods’ share price surged 3.62% on the JSE yesterday, capping a strong run in the company’s stock in the past year-to-date performance as investors cheered its decision to unbundle and separately list its chicken business, Rainbow Chickens. RCL Foods said all conditions for the unbundling and listing of Rainbow Chickens on the JSE have now been fulfilled, helping the company’s stock to a 3.6% firming to trade at R11.45 per share. The food manufacturer painted a green picture with its shares trading 8.3% stronger in the past seven days, 6.3% higher in the past 30 days and 29.9% firmer in the year-to-date comparative. “RCL Foods has rallied lately as the market cheered the decision to unbundle one of the more cyclical portions of the portfolio, Rainbow Chickens,” said Anthony Clark, independent analyst with Smalltalkdaily Research. The separate listing of Rainbow was a new phase in its journey, having resulted from “significant effort by the respective management teams”. The two companies said it was “underpinned by confidence in the ability of Rainbow to operate on a standalone basis and deliver sustainable, attractive financial performance” over the long term. “As indicated in RCL Foods’ latest group financial results for the six-month period ended December 2023, Rainbow has made significant strides in delivering on its strategy to restore through-the-cycle profitability by means of an appropriately structured and sustainable operational base,” RCL Foods said. The responses shown by Rainbow, particularly in relation to (i) the successful implementation of a change of its chicken breed (a significant change to the genetics of its breeding stock) which was completed in the current financial year, and (ii) improved operational resilience in the face of significant headwinds experienced recently, have considerably demonstrated the benefits achievable from an improved operational base. In the half year period to the end of December, earnings before interest, taxes, depreciation, amortisation and impairments (Ebitda) in RCL Foods increased by 48.6% to R1.5 billion, largely driven by a firming up in Rainbow which swung up by R276.7 million. Underlining Ebitda in Rainbow firmed up by R225.1m to R286.8m, notwithstanding the impact of avian influenza amounting to R184m during the period. During the period, Rainbow “swung back into a modest profit before tax of R17.84m after a loss of R392m” in its 2023 full-year period, said Clark, adding that finance costs in the company were worrisome, “The high finance cost as a percentage is a concern. I await to see the balance sheet but it will weigh on Rainbow as it seems there was no cash infusion from RCL Foods to assist,” he said. The post RCL Foods gets approvals to unbundle, list Rainbow appeared first on The Namibian.

𝗣𝗲𝘁 𝗙𝗼𝗼𝗱 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀: 𝗔𝗱𝗱𝗿𝗲𝘀𝘀𝗶𝗻𝗴 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗡𝗲𝗲𝗱𝘀 𝗮𝗻𝗱 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗚𝗿𝗼𝘄𝘁𝗵 The pet food packaging industry is experiencing robust growth, driven by increasing pet ownership and a rising demand for premium pet food products. This sector is witnessing significant advancements in packaging technology, aimed at enhancing product freshness and extending shelf life. Key drivers include the growing trend towards convenience, sustainability, and customization in packaging solutions. Pet Food Packaging Market worth $14.9 billion with 5.9% CAGR by 2028. 📚 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://bit.ly/3A4wzaJ 𝗘𝗻𝗱-𝗨𝘀𝗲 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀: ⇛ Dry Food: Packaging solutions ensure long-lasting freshness and easy storage. ⇛ Wet Food: Emphasis on moisture-proof and tamper-evident packaging. ⇛ Treats and Supplements: Focus on resealable and child-resistant packaging to maintain product integrity. North America leads the pet food packaging market because of its substantial pet ownership rates and the increasing popularity of premium pet food, creating a demand for a wide variety of packaging options. The presence of numerous pet food producers and a strong emphasis on pet health and nutrition contribute to the market's prominence and expansion. 𝗣𝗲𝘁 𝗙𝗼𝗼𝗱 𝗣𝗮𝗰𝗸𝗮𝗴𝗶𝗻𝗴 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀 📦 Amcor Plc (Australia) 📦 Mondi Group Plc (South Africa) 📦 Sonoco Products Company (US) 📦 Constantia Flexibles (Austria) 📦 Huhtamaki OYJ (Finland) 📦 Berry Global, Inc. (US) 📦 Smurfit Kappa (Ireland) 📦 Ardagh Group S.A (Luxembourg) 📦 AptarGroup,Inc(US) 📦 Goglio Group S.p.A (Italy)   📦 Transcontinental Group (TCG) Inc. (Canada) 📦 Coveris Group Holdings S.A (Austria) 📦 ProAmpac Holdings, Inc. (US) 📦 Silgan Holdings Inc. (US) 📦 Winpak Ltd. (Canada) #petfoodpackaging #petcare #sustainablepackaging #packaginginnovation #petfoodtrends #marketgrowth #foodpackaging #petproducts #packagingdesign #petindustry #petfoodpackagingindustry #petfoodpackagingmarket #petfoodpackagingmarketdemand #petfoodpackagingmarketkeyplayers