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The Top Dogs (and Cats!) of the Pet Industry 2023: A Look at the 5 Biggest Pet Businesses Worldwide
The human-animal bond has long been celebrated, resulting in a booming pet industry. But which businesses lead the pack when it comes to pampering our pets? Here’s a dive into the histories, market stature, and visions of the five major players in the pet world.
Mars Petcare
Mars, synonymous with chocolate for many, has deep-rooted ties with the pet care world that date back to the 1930s. With a modest start in dog food, today Mars Petcare, a division of Mars Incorporated, stands as a titan with brands like Pedigree and Whiskas under its wing.
With a current turnover that surpasses several billion dollars, Mars’ pet segment intriguingly generates more than half of the company’s total revenue. While Mars remains a private entity, their commitment to pets is prominently public. They have consistently expanded their footprint, venturing into areas like genetics research, pet technology, and sustainable pet care. Their vision is clear — to create a better world for pets.
Nestlé Purina PetCare
When Nestlé acquired the American pet food giant Ralston Purina in 2001, it wasn’t just a merger of companies but a blend of shared visions. This subsidiary of Nestlé, with a rich history…