Freshpet
| Company type | Public |
|---|---|
| Industry | Pet nutrition |
| Founded | 2006 in Secaucus, New Jersey, U.S. |
| Founder | Scott Morris, Cathal Walsh, John Phelps |
| Headquarters | Bedminster, New Jersey , United States |
Area served | North America |
| Products | Refrigerated cat and dog food (Freshpet, Dog Joy, DogNation, Spring & Sprout, Vital, Homestyle Creations, Nature's Fresh) |
| Website | freshpet |
Freshpet, Inc. is a U.S.-based pet nutrition company that focuses on refrigerated food items for cats and dogs, promoted as fresh products. It is listed on the Nasdaq stock market under the symbol FRPT.
History
Established in 2006 in Secaucus, New Jersey by former industry leaders Scott Morris, Cathal Walsh, and John Phelps, Freshpet inaugurated its initial production facility in Quakertown, Pennsylvania that same year. The company further expanded by opening a second plant in Bethlehem, Pennsylvania in 2013. Freshpet went public on NASDAQ in November 2014, successfully raising $164 million through its initial public offering and achieving a market valuation of $447 million.
In February 2020, the company secured a $2.1 million incentive from the Texas Enterprise Fund to build a manufacturing site in Ennis, Texas. That year, Freshpet reported revenues approaching $319 million—reflecting a 30% growth—while incurring a net loss of $3.19 million, continuing its trend of losses from earlier years. In 2024, the firm moved its corporate headquarters to Bedminster, New Jersey.
Products
Freshpet offers refrigerated cat and dog food products that emphasize freshness and require cold storage due to their preservative-free formulation. The company was a pioneer in launching fresh and refrigerated pet food across North America. After the 2007 melamine contamination incident affecting wet and dry dog foods, Freshpet’s uncontaminated fresh options experienced accelerated retail expansion.
By 2021, Freshpet's range included brands such as Freshpet, Dog Joy, DogNation, Spring & Sprout, Vital, Homestyle Creations, and Nature's Fresh. The introduction of Spring & Sprout marked the company's entry into the refrigerated vegetarian dog food segment.