US pet food gets more expensive

15-05-2008 | |

Pet food prices in the US are climbing, and package sizes are shrinking, BusinessWeek.com reports.

As an example, the PetSmart VP of dog and cat
consumables cited a bag of Hill’s Science Diet dry dog food up $2, to $36, this
year. He also says the $17 Purina Dog Chow bag has dropped from 50 pounds to 44
pounds.

An executive at Colgate-Palmolive, maker of Hill’s products, says
a double-digit price increase was implemented in the second quarter. The
executive blames the sudden price increases on a 30 percent price hike in pet
food staple ingredients like corn and rice.

A price hike won’t cause
owners to ditch their high-cost, high-quality pet food, according to consumers
and analysts quoted in the story.

Related folder:
Dossier AllAbout Pet Food  

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