Petfood market still growing

According to the recently released Pet Food Manufacturers Association annual report on the condition of the petfood industry in the UK, sales showed a 7% increase in value for 2008.
Hill's Pet Nutrition reported petood sales by unit volume were down 7% in its first quarter, but pricing increases led to sales increasing 0.5%, with particular volume growth in Russia, Germany, Turkey, the Benelux countries and Austria.
Also in the first quarter, Nestle PetCare saw 11.5% organic growth and 5% real internal growth.