More Big Business in Pet Food
Do we need more players in Big Pet Food? Will competition between some of the largest corporations in the world help or hinder the quality and safety of pet food?
Del Monte Foods is selling its fruit and vegetable business to – according to the Washington Post to “focus instead on tasty vittles for pets.” And according to the investment website The Motley Fool – chemical giant DuPont is “eyeing the pet food market”.
As review, here are the global leaders (corporate giants) in pet food production…
#1 in the world is Mars Petcare with brands Pedigree, Nutro, Royal Canin, Whiskas and more. The candy giant Mars is reported by PetFoodIndustry.com to have earned almost $15 billion (with a ‘B’) in global retail sales in 2010.
#2 in the world is Nestle Purina Petcare with brands Purina, Friskies, Alpo, Beneful and more. The human food giant is reported to have earned just over $14 billion (again, with a ‘B’) in global retail sales in 2006.
#3 in world pet food sales is Colgate-Palmolive reported to have earned over $3 billion in sales in 2010. Colgate-Palmolive only pet food brand is Hill’s Science Diet.
#4 in world pet food sales is Procter & Gamble reporting just over $3 billion in sales for 2010. P&G brands include Eukanuba, Iams, Innova, and others.
And #5 in global pet food sales is Del Monte Foods with reported earnings for 2010 of $2 billion. Del Monte pet food brands include Meow Mix, Kibbles n’ Bits, Nature’s Recipe and others (with 2013 purchase of Natural Balance pet food).
The Motley Fool article – remember, which is advising investors how invest their money – states there is a “huge ramp to ride in the pet supplies industry as owners continue to humanize their pets.” And stating “A number of high-profile pet-food recalls has pet owners deciding they need better, higher-quality foods for their charges.”
And…“While DuPont is also eyeing the pet food market, being perhaps better known as a provider of animal feed, the backlash against lab-engineered products ended up causing Colgate to change the name of its Hill’s brand from Hill’s Science Diet because of the white-lab-coat image that sprung to mind. DuPont’s association with genetically modified foods might not sit well with pet parents.”
So…could it ever be a good thing when corporate giants fight it out in pet food manufacturing? Are these corporate giants going to push out trusted smaller brands? Or do you think that Big Pet Food is actually losing ground with growing numbers of educated pet food consumers? And one more question…do you think a DuPont or a Colgate or P&G or any of the other giants produced pet food would ever be human grade not sourced from China ingredient pet food you would purchase?
Wishing you and your pet(s) the best,
What’s in Your Pet’s Food?
Is your dog or cat eating risk ingredients? Chinese imports? Petsumer Report tells the ‘rest of the story’ on over 2500 cat foods, dog foods, and pet treats. 30 Day Satisfaction Guarantee. www.PetsumerReport.com
Susan’s List of trusted pet foods. Click Here
Have you read Buyer Beware? Click Here
Cooking for pets made easy, Dinner PAWsible
Find Healthy Pet Foods in Your Area Click Here