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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Retail Channel Monthly $ Update – December Final & January Advance
/in Pet Market Distribution Channels/by John GibbonsJanuary sales were up from 2021, but largely due to inflation.
“Petflation” 2021 – A Closer Look at the CPIs for the Pet Industry
/in Pet Market/by John GibbonsOverall, Pet Prices inflated in 2021, but at a slower rate than the overall market.
2020 U.S. Pet Spending by Generation – Boomers’ Spending Surges
/in Pet Market, Pet Market Segments/by John GibbonsBaby Boomers’ emotional commitment to their Pet “children” produced a huge lift in spending!
Retail Channel Monthly $ Update – November Final & December Advance
/in Pet Market Distribution Channels/by John GibbonsRecord sales in December wrap up a record breaking year!
PET STORES – CHAINS vs INDIES
/in Pet Market Distribution Channels/by John GibbonsThe “big guys” rule the Pet Store Channel but small chains can also be a powerful force in local markets!
Retail Channel Monthly $ Update – October Final & November Advance
/in Pet Market Distribution Channels/by John GibbonsNovember sets all time sales records for both Total Retail and the Relevant Retail Group!
2020 U.S. TOTAL PET SPENDING $83.74B…Up ↑$5.31B
/in Pet Market Segments/by John GibbonsPet Parents focused on needed segments – Food & Veterinary. Discretionary segments suffered but overall pet spending increased by more than $5B!
2020 U.S. VETERINARY SERVICES SPENDING $24.85B…UP ↑$3.05B
/in Pet Market Segments/by John GibbonsStrong inflation but even stronger spending….74% of the growth was “real”!
Retail Channel Monthly $ Update – September Final & October Advance
/in Pet Market Distribution Channels/by John GibbonsRetail Sales growth was strong and widespread in October . In fact, the Relevant Retail Group had their 2nd biggest month in history!
2020 U.S. PET SERVICES SPENDING $6.89B…Down ↓$1.73B
/in Pet Market Segments/by John GibbonsAs expected, the Pandemic had the biggest negative impact on this most discretionary segment of the Pet Industry.