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Pet Industry Resets as New Omnimarket, reports Packaged Facts Ahead of Global Pet Expo Digital Access By mid-decade only half of pet product spending will take place in a store, predicts Packaged Facts analyst News provided by Share this article Share this article ROCKVILLE, Md., March 4, 2021 /PRNewswire/ -- The U.S. pet market is in the midst of a reset that has multi-front competition blurring the lines between the once distinct, but now increasingly merging, segments of pet product retailing, pet services, and petcare. The outcome has transformed the pet industry into a new omnimarket, r...

Pet Supplements Playing to Pandemic Heightened Pet Health and Wellness Concerns, reports Packaged Facts Pet supplement sales skyrocketed 21% in 2020, quadrupling the rate of growth in 2019 News provided by Share this article Share this article ROCKVILLE Md., Feb. 9, 2021 /PRNewswire/ -- The coronavirus pandemic has elevated to new heights concerns over pet health and wellness, with the constant spotlight on disease and prevention causing Americans to embrace myriad strategies to keep pets healthy. Market research firm Packaged Facts' November/December 2020 Survey of Pet Owners, which is feat...

Share this article Share this article ROCKVILLE, Md., Jan. 26, 2021 /PRNewswire/ -- When most consumers think about natural, eco-friendly, and ethically sourced products in the pet market, pet food is often the first category that comes to mind. However, many pet owners look for these same features in all the products they purchase for their pets, including durable pet products, according to market research firm Packaged Facts in the report "There are few industry trends bigger than sustainability," says David Sprinkle, research director for Packaged Facts.  "Pet products marketed along ec...

Share this article Share this article ROCKVILLE, Md., Jan. 12, 2021 /PRNewswire/ -- It's time to focus on the felines. Historically speaking, the U.S. pet industry has been overtly canine-centric, and not without justification. One reason is that dog ownership rates have been increasing while cat ownership rates have remained flat. Another reason is that dogs tend to be way more lucrative in terms of products and services. "Traditionally and still too often, pet product manufacturers, retailers, and marketers tend to give cats short shrift, including in the minds of cat owners," says David ...