premiumization

Delray Beach – October 14, 2026 -- The pet food ingredients market will grow from USD 41.55 billion in 2026 to USD 57.68 billion by 2031, a 6.8% CAGR, according to MarketsandMarkets.

Animal-based ingredients hold 53.8% share as premiumization lifts meat inclusion

The animal-based segment is estimated to lead the market with a 53.8% share in 2026. The report also expects it to be the fastest-growing source segment through 2031. Manufacturers are differentiating products with higher meat inclusion, novel proteins and species-specific formulations.

Fresh, refrigerated, freeze-dried and air-dried formats are opening additional demand for meat, poultry, fish and egg ingredients. Insect and marine-based proteins are broadening the ingredient base and addressing sustainability and supply-chain considerations.

Seoul – October 07, 2026 -- South Korean pet lifestyle brand SEEKOUT is widening its premium pet mobility and lifestyle fabric lineup, adding cat-specific carriers to its existing dog travel and stroller products as it prepares a push into North American and European markets.

SEEKOUT adds cat carriers to diversify its premium pet product portfolio

Beyond its established premium pet strollers and dog travel products, SEEKOUT is building out a line of cat-specific carriers and related lifestyle items. The new cat products incorporate structures designed to reduce external stimuli and provide a sense of security, combined with breathable materials and safety features drawn from the company's fabric design capabilities.

HONG KONG – September 03, 2026 -- TCL Electronics Holdings Limited (01070.HK) reported adjusted profit attributable to shareholders of HKD 1.64 billion for the first half of 2026, up 54.3% year-on-year, as revenue climbed 16.4% to HKD 63.76 billion.

Gross profit rose 30.3% to HKD 10.90 billion, while net profit after tax reached HKD 1.62 billion. Annualized return on equity improved 4.2 percentage points to 16.5%. Overall expense ratio was held at 11.7% of revenue, which the company attributed to AI-driven operational efficiency and scale economies.