Pet Food News / Pet Food Market Trends / Coronavirus and Pets
on April 2, 2020

4% growth forecast for 2020 pet food sales, down from 6%

Pet food sales will reflect, as occurred in the Great Recession, some trading down to value and store brands.

Adapted from a press release:

Total U.S. retail sales of pet products and services may decline by 17% in 2020, compared with the 5% growth forecast prior to the coronavirus pandemic by market research firm Package Facts. However, pet food sales may still grow by 4%, according to projections in…

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