2019 Total Pet Spending was $78.44B – Where did it come from…?
On the surface, Total Pet Spending was flat and more stable than 2018 but still moving towards higher incomes.
Author Archive for: johngibbons
Entries by John Gibbons
Retail Channel Monthly $ Update – October Final & November Advance
Total Retail $ fell vs October but continued to grow YTD vs 2019 due to the Relevant Retail Group.
2019 U.S. Pet Spending by Generation – Gen X CUs Still Spend the Most
The younger groups spent more on their Pets, but not enough to overcome decreases by older Americans.
Retail Channel Monthly $ Update – September Final & October Advance
In October YTD Total Retail $ exceeded 2019 for the first time since February!
2019 U.S. TOTAL PET SPENDING $78.44B…Down ↓$0.16B
A spending mixed bag, but a rebound in Pet Food $ was not enough to overcome a big drop in Supplies $ due to tarifflation.
2019 U.S. VETERINARY SERVICES SPENDING $21.80B…UP ↑$0.58B
Spending was up 2.7%, but inflation was up 4.1%, producing a net 1.4% decrease in the amount of Veterinary Services.
2019 U.S. PET SERVICES SPENDING $8.62B…Down ↓$0.10B
A small drop in $, but Services basically “held their ground” at their new elevated level of spending.
Retail Channel Monthly $ Update – August Final & September Advance
Total Sales peaked in July but the Relevant Retail Group is still gaining ground vs 2019!
2019 U.S. PET SUPPLIES SPENDING $16.81B…DOWN ↓$2.98B
In 2019, Tarifflation drove a record decrease in Supplies’ spending…across 97% of U.S. demographics!
2019 U.S. PET FOOD SPENDING $31.19B…Up ↑$2.35B
The recovery from the FDA grain free warning is under way!