Learn how market forecasting can guide your business strategy. Uncover key best practices and tips for success, based on trusted methodologies.
September 16, 2024Packaged Facts released eye-catching new data about the differences between Gen Z consumers compared to older generations of pet owners.
August 12, 2024A pricing analysis is essential for understanding market dynamics, especially during inflationary periods.
August 8, 2024Manufacturers have slowly increased their prices, spurred by challenges in acquiring ingredients, packaging materials, and other items that go into making and selling pet products.
August 29, 2022In this pandemic era, the number of pet-owning households jumped unusually among upper-income households.
April 12, 2022Premiumization, and even reinvention, of products has driven the growth in dry pet food and in dog treats, along with increases in pet population.
November 16, 2021The pet population boom that resulted from COVID-19 was especially pronounced in the “other pet” (non dog/cat) market, such that products for reptiles, small mammals, and fish were snapped up at historically high rates.
August 27, 2021When the initial impacts of COVID-19 started being felt beginning around March 2020, the pet industry anticipated that dog ownership especially would get a boost among a national population that found itself homebound, socially isolated, and well aware of the mental and physical health benefits of pet ownership, including in relation to stress.
April 5, 2021Even before the pandemic, e-commerce sales were a primary pet market driver. David Sprinkle, research director for Packaged Facts, discusses this and other trends at Global Pet Expo Digital Access on March 24.
March 9, 2021Packaged Facts expects the pet durables market to increase 10% in 2020 bringing sales to $5.7 billion, with steady annual gains projected for the market through 2024.
November 17, 2020