I-Tail Corporation, or ITC, has raised its 2026 sales revenue growth target in US dollar terms to 17 to 20 percent, up from 9 to 12 percent, and in Thai baht terms to 14 to 17 percent, up from 8 to 11 percent, while maintaining its gross margin target at 23 to 25 percent. Chief Financial Officer Yuwaporn Phumprasert said the company is confident in its business outlook thanks to an expanding customer base, innovative product development, a higher proportion of premium pet food, and innovative product orders scheduled for delivery from the third and fourth quarters, which are the high season. The company also plans to invest around one billion baht to expand production capacity in line with customer demand and to support long-term growth. Key export markets such as the United States and Europe remain important drivers, while the global pet food industry is expected to grow at an average of 3.5 percent per year from 2026 to 2030, with the market value in 2026 forecast to rise to 154 billion US dollars.
i-Tail Corp. PCLRaises 2026 revenue growth target on US and European orders and expanding customer base.