General Mills is buying its fifth pet food business. Here's why it could fetch more growth.
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General Mills is acquiring its fifth pet food business, aiming to capitalize on the growing pet food market, which is projected to increase from $150 billion in 2024 to $200 billion by 2030.
November 14, 2024 | 2:00 pm
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General Mills is acquiring its fifth pet food business to tap into the growing pet food market, projected to grow significantly by 2030.
The acquisition aligns with General Mills' strategy to expand in the pet food sector, which is expected to grow from $150 billion in 2024 to $200 billion by 2030. This move could enhance revenue growth and market presence.
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