U.S. Pet Services Spending (Non-Vet) $10.87B (↑$3.43B): 2022 Mid-Year Update
This segment is the most driven by high income so high inflation had little impact!
Author Archive for: johngibbons
Entries by John Gibbons
U.S. PET SUPPLIES SPENDING $24.38B (↑$6.96B): MID-YR 2022 UPDATE
A $7B increase that slowed in the 1st half of 2022, perhaps due to fast growing inflation!
Retail Channel Monthly $ Update – May Final & June Advance
Monthly Real Sales vs 2022 (Incuding Inflation) are positive again for Relevant Retail. The slow turnaround continues!
Attending SuperZoo 2023? – It is a great Opportunity! But….You Need a Plan!
If you do nothing else at SuperZoo 2023, you can spend 72 seconds with each exhibitor. You need a plan!
SUPERZOO 2023 – THE PET INDUSTRY IS STRONGER THAN EVER!
SuperZoo 2023 is a great opportunity for all attendees, with everything that you want or need to improve your Pet Business!
Petflation 2023 – June Update: Again below double digits, +9.6% vs 2022
Petflation 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
Pet Food’s annual growth rate from 2019>22 is 41% higher than the pre-pandemic rate!
Retail Channel Monthly $ Update – April Final & May Advance
The 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
Yes, inflation is slowing but Petflation is 2.5 times higher than the National Rate.
Retail Channel $ Update – March Final & April Advance
Inflation is slowing but its cumulative impact is becoming more apparent!