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As per the analysis by IMARC Group, the top pet food companies are currently engaged in extensive research to offer products that ensure palatability and suffice the nutritional requirements of pets. Moreover, they are launching products that are specific to the age, size and breed of pets in single-serve packages. Manufacturers are also introducing organic variants that are locally- and ethically-sourced owing to the growing consciousness among pet owners. Further, the burgeoning e-commerce sector is also expanding the market opportunity for these players.
Mars Petcare, Inc.
Mars Petcare, Inc. is a family-owned business that aims to create a better world for pets across the globe. The Company serves health and nutrition products through brands like Pedigree, Whiskas, Royal Canin, Nutro, Greenies, Sheba, Cesar, IAMS and Eukanuba. It is also one of the leading veterinary health providers with a network of over 2,000 pet hospitals, which include Banfield, BluePearl, Pet Partners, VCA, Linnaeus and AniCura. It also makes products for other pet food companies, manufactures store brands for its retail customers, and sells products of its regional brand.
Nestle Purina PetCare
Nestle Purina PetCare is focused on delivering world-class products with unsurpassed nutrition and quality for pets as well as their owners. It provides a wide range of pet food, snacks and cat litter products as per the deep expertise in pet nutrition and health. Apart from this, it provides a balanced nutritional offering to more specific health solutions that deliver benefits such as early development, digestive health, weight management, and senior cognition. The Company's portfolio comprises globally recognized brands like Purina Pro Plan, Friskies, Dog Chow, Beneful, Purina ONE and Fancy Feast.
Hill's Pet Nutrition
Hill's Pet Nutrition aims to lead the premium segment of the pet food market across the globe. The Company formulates its products with a precise balance of nutrients to meet the specific requirements of pets, depending on their size and life stage. It only accepts ingredients from suppliers whose facilities meet stringent quality standards that are approved by the Company. Each ingredient is not only examined to ensure its safety, but the Company also analyzes each product's ingredient profile for essential nutrients. It sells its products through veterinary clinics and hospitals, pet specialty stores, feed stores, and pet grooming facilities internationally.
The J.M. Smucker Company
The J.M. Smucker Company is a manufacturer of branded food, beverages, pet food and pet snacks in North America. Its main products include pet snacks, pet food, flour, coffee, fruit spreads, shortening, peanut butter, baking mixes, ready-to-spread frostings, frozen sandwiches and baking ingredients, juices and beverages, and portion control products. The Company primarily competes with Gavina, Starbucks Corporation, JAB Holding Company, Hormel Foods, Ferrero, The Kraft Heinz Company, Massimo Zanetti Beverage Group, Keurig Green Mountain, Inc., Tata Global Beverages and ConAgra Foods, Inc.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the pet food industry, which has enabled clients to set up and expand their businesses successfully.
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