2015 Total Pet Spending Was $67.75B – The Demographic “Winners & Losers”
2015 was a year of extremes with many spending surprises!
Over 45 years in Consumer Products including 31+ years in the Pet Industry developing and executing successful strategic sales and marketing plans for manufacturers.
2015 was a year of extremes with many spending surprises!
Income, Homeownership, Marriage, Education, Race/Ethnicity…Demographics are important factors in Pet Spending.
Millennials are a Generation in transition!
Boomers spent more on their pets than Millennials and Gen Xers combined!
In the U.S. Retail Market, the only constant is…Change!
An intense race for the “Silver”
Pet Food drives the increase!
A strong second half comeback…but not enough!
A Small Industry Segment Continues Strong Growth!
Spending on Supplies was down in every Income Group!
