US Demand for Packaging for Refrigerated Pet Food to Grow Over 20% Annually Through 2028 [Yahoo! Finance]
Freshpet, Inc. (FRPT)
Last freshpet, inc. earnings: 2/25 06:05 am
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Source: Yahoo! Finance
CLEVELAND Sept. 20, 2024 /PRNewswire/ -- A new report from Freedonia Group, , demand for packaging for refrigerated (chilled) pet food and treats is forecast to increase more than 20% annually to $152 million in 2028, with units increasing to 784 million. Growth will be the fastest of any pet food format. Demand for refrigerated pet food has expanded substantially in recent years as pet owners increasingly seek fresh, healthier foods for their pets. Freshpet continues to dominate production of refrigerated pet food, with most fresh food companies entering the frozen market. However, in December 2021 , CESAR partnered with Walmart to launch its FRESH CHEF line of refrigerated dog food rolls (chubs). Refrigerated pet food is heavily skewed toward dogs, with dog food accounting for 96% of refrigerated pet food packaging sales in 2023. Dogs eat much larger volumes of food in general, have a wider variety of dietary preferences, and can tolerate a broader range of ingredients compared
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News
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- Freshpet (FRPT) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
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FRPT
Earnings
- 8/5/24 - Beat
FRPT
Sec Filings
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- 9/12/24 - Form 144
- FRPT's page on the SEC website