Retail Channel Monthly $ Update – May Final & June Advance

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Consumers are still spending more than in 2021 but they are buying less!

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Petflation 2022 – June Update: Prices increase to +8.8% above 2021

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Driven by Food & Supplies, Petflation continues to increase!

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U.S. PET FOOD SPENDING $31.56B (↓$6.40B): MID-YEAR 2021 UPDATE

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No binge buying in 2021 so a big drop vs 2020 but spending is still $1.5B ahead of the 1st half of 2019.

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Tracking Pet Food Pricing – The PPI (Mfg) vs CPI (Retail)

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Pet Food Production prices continue to rise so it is likely that Retail inflation will continue to grow.

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Retail Channel Monthly $ Update – April Final & May Advance

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Strong inflation continues. Retail Sales are up vs 2021 but the amount sold is usually down.

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Petflation 2022 – May Update: Prices stay at +8.1% above 2021

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Growing Pet Food inflation, in combination with a price drop in Veterinary, kept Petflation at +8.1% vs 2021.

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2020 Veterinary Spending was $24.85B – Where did it come from…?

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Pet Parents focused on needs which drove a widespread $3B increase in Veterinary spending!

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2020 Pet Services Spending was $6.89B – Where did it come from…?

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Non-Vet Pet Services, the most discretionary Pet Industry segment, was hit the hardest by the pandemic.

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Retail Channel Monthly $ Update – March Final & April Advance

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The reality of strong inflation is starting to “hit home” in Retail.

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Petflation 2022 – April Update: +8.1%, 97.6% of National Inflation Rate

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In April, Petflation almost reached the extraordinarily high National rate.

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