Mergers and acquisitions in the $28 billion U.S. pet food market have dominated the headlines in recent years, especially by companies traditionally known for producing food for humans.
“The mature yet thriving outlook for the pet food industry makes a foray into the market a worthwhile venture for just about any food company, especially considering the continued emergence of premium priced and natural and organic pet products that are helping drive sales in many pet retail categories,” says David Sprinkle, research director for Rockville, Md.-based market research publisher Packaged Facts, in a release.
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