5 info: How customers search and assist sustainability
October 7, 2022 – Debbie Phillips-Donaldson
Sustainability in most sectors, together with pet meals, has moved nicely past a pattern related to “tree-huggers” and has entered the mainstream as a enterprise crucial, particularly on this age of provide chain disruptions inflicting shortage and rising costs of uncooked supplies—to not point out the rising variety of disasters wrought by local weather change.
US pet meals spending earlier than and because the pandemic
October 12, 2022 – Debbie Phillips-Donaldson
The pet meals market has a well-deserved fame for being recession resistant and even, since 2020, pandemic resistant. For instance, pet meals and deal with gross sales within the U.S. elevated 15% in 2020 and one other 15% in 2021, in accordance with Packaged Information.
US pet meals inflation nonetheless rising, outpacing human meals
October 19, 2022 – Debbie Phillips-Donaldson
All through 2022, customers have struggled with rising costs for almost the whole lot they should purchase, particularly meals and groceries, attributable to huge disruptions in provide chains, ongoing financial crises and Russia’s invasion of Ukraine. Those that are pet house owners have been coping with the double whammy of pet meals costs growing at almost the identical tempo as human meals costs.
Pet meals spending and the wheel of fortune
October 1, 2022 – David Sprinkle
Pet care spending is exhibiting its recession-resistant mettle, not less than in relative phrases, even on this newer part of excessive client inflation.
Monitoring pet meals inflation world wide
October 27, 2022 – Debbie Phillips-Donaldson
The U.S. has lengthy led the worldwide pet meals trade as the biggest market, and now it’s added one other, extra doubtful, #1 standing: because the chief in pet meals inflation. On the finish of September 2022, pet meals inflation within the U.S. reached 14% 12 months over 12 months (YOY), outpacing that of human meals (“meals at dwelling” in U.S. authorities parlance) at 13% and the general U.S. client value index (CPI) of 8.2%. Sadly, this state of affairs is taking part in out to varied extents in different pet meals markets as nicely, although up to now, the U.S. is without doubt one of the few during which pet meals has surpassed human meals when it comes to inflation.
