Recent Posts
- Retail Channel $ Update – October Monthly & November Advance December 23, 2024
- Petflation 2024 – November Update: Jumps Up to +2.9% vs 2023 December 16, 2024
- 2023 Total Pet Spending was $117.60B – Where did it come from…? December 9, 2024
- 2023 U.S. Pet Spending by Generation – Boomers Back on Top! December 3, 2024
- Retail Channel $ Update – September Monthly & October Advance November 25, 2024
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Petflation 2023 – June Update: Again below double digits, +9.6% vs 2022
/in Pet Market Segments/by John GibbonsPetflation fell below double digits, +9.6%, but it is now 3 times higher than the National CPI.
U.S. PET FOOD SPENDING $36.35B (↑$4.79B): MID-YEAR 2022 UPDATE
/in Pet Market Segments/by John GibbonsPet Food’s annual growth rate from 2019>22 is 41% higher than the pre-pandemic rate!
Retail Channel Monthly $ Update – April Final & May Advance
/in Pet Market Distribution Channels/by John GibbonsThe Retail outlook is not great but better than April. Monthly “real” sales vs 2022 are again positive for Relevant Retail – now in 2 of the last 4 months.
Petflation 2023 – May Update: Prices are still high, +10.3% vs 2022
/in Pet Market Segments/by John GibbonsYes, inflation is slowing but Petflation is 2.5 times higher than the National Rate.
Retail Channel $ Update – March Final & April Advance
/in Pet Market Distribution Channels/by John GibbonsInflation is slowing but its cumulative impact is becoming more apparent!
Petflation 2023 – April Update: Prices increase to +10.4% vs 2022
/in Pet Market Segments/by John GibbonsPetflation is back in double digits, +10.4% and twice as high as the National Rate!
Inflation: A Historic Look – 1992 > 2022
/in Pet Market Distribution Channels, Pet Market Segments/by John GibbonsSpectacular sales growth but inflation was a major factor!
Retail Channel Monthly $ Update – February Final & March Advance
/in Pet Market Distribution Channels/by John GibbonsInflation is slowing but the increase in Retail $ slowed even more producing a widespread drop in “real” sales!
Petflation 2023 – March Update: Price increase slows to +9.4% vs 2022
/in Pet Market Segments/by John GibbonsAfter 7 months at 10+%, Petflation is down to 9.4%, but it is 88% higher than the National CPI rate!
Retail Channel Monthly $ Update – January Final & February Advance
/in Pet Market Distribution Channels/by John GibbonsSales are down from January but still a record for the month. Plus, there are other signs that the impact of inflation may also be slowing!