To ramp up the brand’s low single-digit growth, Nestlé plans to unleash more innovations focused on premium and science-based offerings.

Dog and cat food sales have been buoyed by inflation in recent years, and pet owners are beginning to make tradeoffs to stave off price pressures.

The pet care business posted the highest nine-month organic growth rate for Nestlé.

A recent co-manufacturing partnership could be the light at the end of a long tunnel of supply chain disruptions.

Recent consumer price index data from Adobe and the US Bureau of Labor Statistics shows continued inflation for pet food and pet products.

With its new Texas facility up and running, the company plans to fuel continued growth through media, innovation and retail expansions.

Pet food prices rose 15.1% from January 2022 to January 2023.

Inflated costs and supply chain constraints continue to plague the company, impacting product prices and full-year EBITDA projections.

The human-grade pet food company joins a growing list of brands impacted by supply chain disruptions across the industry.