Recent Posts
- Petflation 2024 – October Update: Slows to +2.0% vs 2023 November 18, 2024
- 2023 U.S. TOTAL PET SPENDING $117.60B…Up ↑$14.89B November 12, 2024
- 2023 U.S. VETERINARY SERVICES SPENDING $35.66B…Up ↑$5.95B November 4, 2024
- 2023 U.S. PET SERVICES SPENDING $13.42B…Up ↑$1.05B October 28, 2024
- Retail Channel $ Update – August Monthly & September Advance October 22, 2024
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2021 U.S. Pet Spending by Generation – Gen X Moves to the Top!
/in Pet Market Segments/by John GibbonsGen X was the best performer in every Pet Industry segment. They earned the top spot in Pet Spending!
2021 U.S. TOTAL PET SPENDING $99.98B…Up ↑$16.23B
/in Pet Market Segments/by John GibbonsRecord increases from all segments but food produced a record $16.23B increase in Total Pet, which was demographically widespread.
2021 U.S. VETERINARY SERVICES SPENDING $32.67B…UP ↑$7.82B
/in Pet Market Segments/by John GibbonsA record $7.82B increase with 94% of all demographic segments spending more in 2021 than they did in 2020!
Retail Channel Monthly $ Update – September Final & October Advance
/in Uncategorized/by John GibbonsRetail Sales are up vs 2021 but the amount sold YTD vs 2021 is down again for most channels.
Petflation 2022 – October Update: Prices increase to +11.6% above 2021
/in Pet Market Segments/by John GibbonsPetflation is now 50% higher than the national rate for October and just passed the YTD rate!
2021 U.S. PET SERVICES SPENDING $9.10B…Up ↑$2.21B
/in Pet Market Segments/by John GibbonsA strong, widespread Pandemic recovery as 90% of demographic segments spent a record $2.2B more on Services!
2021 U.S. PET SUPPLIES SPENDING $23.81B…Up ↑$8.65B
/in Pet Market Segments/by John GibbonsSupplies Spending comes roaring back with the biggest, most demographically widespread lift in history.
Retail Channel Monthly $ Update – August Final & September Advance
/in Pet Market Distribution Channels/by John GibbonsRetail spending vs 2021 is still up but the amount of product sold is still down!
Petflation 2022 – September Update: Prices increase to +11.0% above 2021
/in Pet Market Segments/by John GibbonsPetflation is now 34.5% higher than the National Rate!
2021 U.S. PET FOOD SPENDING $34.41B…Down ↓$2.44B
/in Pet Market Segments/by John GibbonsPet Food spending falls slightly after the pandemic binge buying in 2020.