Market Trends and Reports: Page 21

Market Trends and Reports
CoBank: Fresh pet food sales surge with generational shift
While dry foods still dominate, younger pet owners are gravitating to products positioned as fresher, healthier or more natural, said the latest CoBank report.
A new CoBank report said sales growth in the fresh pet food category segment demonstrates consumers’ willingness to pay a premium for pet foods perceived as providing specific health benefits.
Market Trends and Reports
Report: Gen Z's preference for pets impacts retailer patronage
New data from pass_by reveals a generational shift in the U.S., with Gen Z's visits to pet retailers increasing while Millennials foot traffic is on the decline.
The generational shift is redefining the landscape of pet retail for the foreseeable future said a new report from pass-by.
Latest News
6 Petfood Industry blogs, columns in March 2024
In March 2024, Petfood Industry covered pet food sales, consumer loyalty, cell-cultured meat and more.
Human Hugging Pet
Latest News
'Petflation' slows, but numbers remain high
While the February 2024 numbers have decreased, the cumulative total pet numbers are the highest in history.
Cat Food Aisle In Pet Food Store
Something to Chew on
Raw pet food adoption: What does the future hold?
Pet owners in North America and Europe are increasingly feeding raw and other ‘alternative’ pet foods, especially younger owners, but do barriers remain?
Pet owners are increasingly feeding raw and other alternative pet food formats.
Adventures in Pet Food
5 pet food takeaways from Global Pet Expo 2024
Pet food sales growth is slowing but still outpacing other categories, partially fueled by increasing innovation, new formats and private label pet food.
Crack Nip Cat Treats
Pet Ownership Statistics
US pet ownership steady since 2010; Cat may rise, dog fall
Analysts don’t forecast a significant increase in pet-owning households. By 2030, the number may rise by only one million.
Dall·e 2024 03 25 12 13 14 Cyberpunk Image Of An African American Woman Holding A Cat In A Future City
Pet Food Ingredients
Functional benefits continue to gain in pet food
As health and wellness continue to command top billing in pet parents’ concerns, functional options are stepping in to provide answers to what may ail pets.
Functional pet foods and treats are growing in popularity among pet owners, leading to an increased focus on functional ingredients within the space.
Market Trends and Reports
Pet health, wellness trends mirror human concerns
As humans become more aware of their own health and wellness, their attention also focuses on that of their furry family members.
The last several years have put humans in tune with their own health and wellness, leading to increased scrutiny and awareness of their pets’ needs, as well.
Market Trends and Reports
US pet food sales at US$64.4 billion in 2023, ‘a little disappointing’
Although pet care sales grew less than in previous years, analysts nevertheless forecast pet care to continue growing in the coming decade and outpace other segments of the fast-moving consumer goods category.
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Global Pet Food Trends by Region
Global differences in pet food purchasing channels
Worldwide, pet owners may continue diversifing their pet food buying channels, looking for the brands they want at affordable prices.
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Pet Food Marketing and Branding
Pet food innovation rate down, but new product value up
Although the new product pipeline slowed in 2020, that smaller quantity of new pet consumables brings in more profits.
Dall·e 2024 02 27 13 11 24 Andy Warhol Painting Of A Cat Holding A Stack Of Dollar Bills
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