Executive Summary: Pet Food in the U.S.: Riding the Premium WavePackaged Facts Executive SummariesSeptember 1, 2006 20 Pages - SKU: PFE1467960 |
| Countries covered: United States Packaged Facts’ Executive Summaries provide a comprehensive overview of the contents contained in our full-length market intelligence reports. Containing a snapshot of the overall market analysis, each Executive Summary provides a description of the scope and methodology used in the report; chapter overviews complete with statistical data; a sampling of charts and graphs when applicable; a brief look at the trends shaping the market; and projected future growth or demise of each market sector with relevant sales figures.
The report from which this Executive Summary is compiled is for Pet Food in the U.S., and the full study abstract is as follows: Top marketers including Nestlé Purina, Mars, Iams, Hill’s, Nutro, and S&M NuTec clearly have their fingers on the emotional pulse of American pet owners, as well as some very big advertising guns. During 2005, they spent nearly $300 million on national advertising for pet food, virtually all of it encouraging the deep attachment Americans feel for their pets, while also launching the biggest surge of new products in the history of the market. The high level of interest in all things pet has also spurred a number of high-profile acquisitions, including Mars’ recent purchase of S&M NuTec (Greenies) and private-label producer Doane, Del Monte’s purchase of Milk-Bone and Meow Mix, Bain Capital’s purchase of Nutro, and Central Garden & Pet’s purchase of Breeder’s Choice. |
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