A study conducted by GFK Romania shows that the country’s petfood market has increased its sales by 10% in the past year.
One-third of Romanian households have a pet, but only one-half of them purchase petfood.
The average price of cat food in Romania is three times higher than the average price of dog food.
Private labels in Romania have failed to see steady growth.
The study was based on a GFK Consumer Panel of 3,000 households in Romania.
Still in its infancy, cell-cultured meat is being looked at for its possibilities, but environmental challenges exist, as well.
By David Sprinkle
While forecasts can have short shelf lives, being overtaken by unforeseen events, there’s no question that the U.S. economy and American houseeholds have been buffeted by COVID-19 shutdowns and illnesses, patches of job insecurity despite low unemployment rates and record price inflation only partially offset by wage increases.