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Goldman Sees Premium Pet Food As Bright Spot For Colgate And General Mills Amid Consumer Caution

Market Impact

Shivani Kumaresan

·

March 27, 2025

·

Benzinga

Colgate-Palmolive and General Mills are poised for growth in the premium pet food market, with analysts projecting a 5% annual expansion through 2030. Innovation, increased advertising, and expanded production capacity are expected to drive sales, reinforcing their market position.

Latest Ratings for CL

DateFirmActionFromTo
Feb 2022BernsteinUpgradesUnderperformMarket Perform
Jan 2022Credit SuisseMaintainsOutperform
Jan 2022Morgan StanleyMaintainsEqual-Weight

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