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...plant-based meats and pet food....
...Nestlé revealed in its annual report for 2023 that 38 per cent of net sales, excluding products such as pet food, baby food, vitamins and medical nutrition, were rated higher than 3.5 under the HSR system...
...The UK’s Competition and Markets Authority on Tuesday said 16mn pet owners may have been overpaying for medicines and prescriptions....
...Alongside pet food, which is also dominated by two players, Mars and Nestlé, baby-related consumer goods are among the highest-margin products on shelves....
...But as I report today, advocates of bug eating believe it offers a reliable source of nutrition with a fraction of conventional meat’s environmental impact....
...According to a 2022 report by Mars Pet Nutrition, 52 per cent of Americans are planning on bringing their dogs along with them on holiday....
...Average life expectancy around the world has increased over the past century thanks to vaccines and improvements in nutrition and sanitation....
...The annual report of the world’s largest food company showed 54 per cent of its food and beverages by revenue — excluding products such as pet food, baby food, vitamins and specialised medical nutrition...
...Lex previously doubted whether the pandemic boost to pet spending in the UK would survive the end of lockdowns. Pets at Home has sustained sales momentum....
...Nestlé’s figures exclude Russia, where it announced last month it would strip its business down to essentials such as infant formula and medical nutrition, suspending major brands such as KitKat and Nesquik...
...in animal nutrition and health....
...The suspensions include most products in categories such as coffee and pet food, said a person familiar with the situation, with exemptions for items such as specialist pet foods provided to veterinary clinics...
...And Kerry is now betting bigger on the taste and nutrition business as its future....
...The group has had to cope with a slowdown in China, where demand for infant nutrition has been — like the birth rate — weaker....
...Schneider exited mature categories, like US bottled water, and pushed into higher-growth areas such as specialist medical nutrition, dietary supplements and plant-based proteins....
...A meat-free planet will be better for us all, regardless of which animals we like as pets....
...Shares in Nestlé, which makes brands from Purina pet food to Nescafé, were up 1.5 per cent to SFr123.70 in morning trading, while shares in L’Oréal rose 0.6 per cent to €427.35....
...However, Maas says pilot projects have now started to see if guinea-pig farming could be a viable agribusiness to boost nutrition in these parts of Africa....
...Christopher Rossbach, managing partner at fund manager J Stern & Co, said: “Companies should make a distinction between what are essential goods like basic foods or infant nutrition, and more discretionary...
...as a “nutrition, health and wellness company”....
...of the total pet food sector....
...uses enzymes to break down salmon offcuts such as the head, skin and spine — which would normally be wasted when the fish is processed for food — to produce salmon oils, proteins and calcium for human and pet...
...Best known for its jam and peanut butter, Smucker moved into pet food in 2015 with the $5.8bn acquisition of Big Heart Pet Brands. Three years later it bought Ainsworth Pet Nutrition for $1.9bn....
...We advanced our portfolio transformation, continued to build Nestlé Health Science into a nutrition powerhouse and expanded our presence in direct-to-consumer businesses,” he said....
...The Hut Group, a Manchester-based health, beauty and nutrition retailer, had an opening valuation of about £5.4bn when it listed in September....
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