Comparing the Spending Demographics of the Industry Segments – SIDE BY SIDE
Total Pet Spending is a sum of the segments. Compare their demographic performance side by side to find the similarities and differences.
Author Archive for: johngibbons
Entries by John Gibbons
Attending GPE 2024? It is a showcase for New but has everything that you need! However, You Definitely Need a Plan!
With only 1 minute and 10 seconds to spend with each exhibitor, you need a plan!
Retail Channel Monthly $ Update – December Final & January Advance
Sales fell from December for every channel and all increases vs 2023 except for Health/Drug stores were well below their 19>24 average.
GLOBAL PET EXPO 2024…Innovation in Motion!
GPE 2024 returns to a new normal with surges in companies offering OEM and foreign exhiibitors!
Petflation 2024 – January Update: Down to +4.7% vs Last Year
In January, Petflation slowed to 4.7% from 5.1% but this is still the 4th highest January rate since 1997!
2022 Veterinary Spending was $29.71B – Where did it come from…?
After a record increase in 2021, 77% of demographic segments spent less in 2022 and spending fell -$2.95B, -9.0%.
2022 Pet Services Spending was $12.36B – Where did it come from…?
A 2nd consecutive record spending increase as 93% of demographic segments spent more on Pet Services!
2022 Pet Supplies Spending was $21.94B – Where did it come from…?
After a record lift in 2021, Supplies $ fell -$1.86B in 2022, but 52% of demographic segments still spent more.
Retail Channel Monthly $ Update – November Final & December Advance
In 2023 Relevant Retail sold only 0.3% more product than last year, a small lift but much better than -0.2% in 2022.
Petflation 2023 – December Update: Turns up to +5.1% vs 2022
Petflation rose to +5.1% but ended the year at +8.0%, the 2nd highest rate in history!