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Finance
Pet food ingredients market worth $57.68 billion by 2031
A new report by US based market research outfit MarketsandMarkets has estimated the pet food ingredients market to be worth $41.55 billion in 2026 and is projecting it to reach $57.68 billion by 2031, at a CAGR of 6.8% from 2026 to 2031
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Finance
Food and drink exports drop to third lowest levels on record as imports soar
The UK’s food export volumes have fallen by 11.7% in the first half of 2026 compared to H1 2025. Meanwhile, food and drink imports rose to their second-highest level on record in H1 2026, only behind last year. As a result, the UK’s food and drink trade deficit now sits at £21.1bn – the largest since 2000
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Food Formulator delivers news, technical insight and innovation for professionals developing food and drink products. Covering ingredients, formulation, processing, packaging and regulation, our website and free newsletter help product developers and industry decision-makers discover solutions and keep pace with a changing market.