U.S. PET FOOD SPENDING $28.90B (↓$2.46B): MID-YEAR 2019 UPDATE
The impact of the FDA grain free dog food warning slows as spending turns up in the first half of 2019.
Over 45 years in Consumer Products including 31+ years in the Pet Industry developing and executing successful strategic sales and marketing plans for manufacturers.
The impact of the FDA grain free dog food warning slows as spending turns up in the first half of 2019.
A strong February, then …. the turmoil of March!
The Internet/Mail Order retail channel passes Supermarkets to take the lead in $ales!
The biggest driver in the 2019 increase was… inflation!
As Boomers fade, the younger groups step up for more balanced spending and evolving demographics.
Now we will turn our attention to the final Industry Segment – Veterinary Services. We’ll see some similarities to Services but some big differences from the Product Segments. For years, Veterinary Services prices have had high inflation. This has resulted in CU income becoming the most dominant factor in spending behavior and a reduction in […]
The best year ever for this segment, largely driven by the younger groups!
Spending flattened out in the second half but Supplies still had a modest gain with far less turmoil than the other segments.
If you nothing else but work the show floor, you can spend 1 minute and 21 seconds with each exhibitor. You need a plan!
Still THE place to find whatever you need or want in terms of pet products!