- Q3 OG: +0.9% (RIG +1.3%, pricing −0.4%)
- Mix: Cat (wet & dry) strong; dry dog weak
- Regional picture: Europe RIG-led growth; Americas positive (LatAm strong; NA flat); AOA negative (Greater China drag)
Nestlé’s nine-month 2025 update points to a steady but subdued year for PetCare. Category growth slowed versus prior years, yet the segment remained slightly positive, helped by cat nutrition and Europe’s RIG-led gains, while Greater China and dry dog weighed on results.
Performance Snapshot
- 9M 2025 (PetCare):Organic growth (OG) +1.2% driven by RIG +1.6% and pricing −0.5%.
Takeaway: Volume/mix did the work while pricing was a slight headwind, signaling heightened price sensitivity and/or competitive intensity. - Q3 2025 (PetCare):OG +0.9%, RIG +1.3%, pricing −0.4%.
Takeaway: The volume recovery continued into Q3, but pricing remained negative.
Regional Highlights
- Zone Europe: Mid single-digit growth, RIG-led, broad-based across markets; Felix, Pro Plan and ONE cited as leaders.
- Zone Americas: Positive PetCare growth overall, Latin America strong; North America broadly flat on both RIG and pricing as dog softness and parasiticide competition persisted in the broader market backdrop.
- Zone AOA: Negative PetCare growth, drag from Greater China and developed markets; double-digit growth in other emerging markets helped, but not enough to offset China’s decline.
Category & Format Mix
- What’s working: Wet and dry cat continued to grow, supporting premium and science-based propositions.
- What’s not: Dry dog remained weak, reflecting softer category demand and trading-down in some markets.
Information from company press release.
