Digital pet care was taking off before the pandemic, and all sectors are poised for ongoing rapid growth.
February 7, 2022The World Organization for Animal Health published a report of the emerging disease, listing this case as the first in dogs.
March 13, 2020The pet medications future looks bright. With sales reaching $9 billion in 2018, up 8.5%, the market is expected to surpass overall pet market growth for the foreseeable future, spurred by a continued intensive focus on pet wellness, ongoing advances in veterinary medicine, and online and brick-and-mortar expansion of pet medication and veterinary service availability and options.
August 8, 2019Given the size of the U.S. pet population, market penetration for pet insurance in the U.S. is still comparatively low. This is particularly true when compared to some Western European countries, like the U.K. and Sweden, and indicates the significant potential for market gains in the U.S.
November 13, 2018What happens when Walmart opens up permanent veterinary clinics in its stores?
June 11, 2018E-commerce is a steadily growing channel for pet medications, representing about 12% of the $9 billion American pet medications industry.
March 1, 2018The VCA deal gives Mars further latitude for growth beyond the mass-market product arena. That’s especially important because it’s not just kibble sales that have flattened in the mass market; the same is true for candy. Even in the case of Mars, with its globally iconic portfolio of chocolate and non-chocolate (sugar) candy brands, confectionery manufacturers face considerable challenges to growth.
January 12, 2017Full coverage of this important pet industry segment can be found in our reports Pet Medications in the U.S.: Over-the-Counter and Prescription Remedies as Consumer Products, 3rd Edition and U.S. Pet Market Outlook, 2015-2016. Purchase either report-or both-and receive a 5% discount through September using promo code PFPETS2015. Sales of pet medications are concentrated in the veterinary channel, which accounts for nearly 60% of the market by Packaged Facts estimates. For some types of prescri...
July 29, 2015Ever since Merial’s flea and tick blockbuster Frontline went off patent four years ago, the flea and tick category has been in a state of intense competition. Several other fipronil-based products have made a splash, gnawing away at Frontline’s market share. While Merial has managed to force the withdrawal of some formulations, citing infringement on patents the company still holds, others have made inroads, including products from Sergeant’s (FiproGuard and Pronyl), Novartis (Parastar and EasyS...
February 17, 20141. “Ah, the little things our pets do. And somehow we still love them.” 2. “Oh, no, he didn’t. Oh, yes, he did.” 3. “Toy ingestion $3,000.” We can’t get enough of the adorable things our pets do. But sometimes those cute things can be costly. More and more pet owners are turning to pet insurance to help cover the rising costs of pet health care. Still, pet insurance penetration levels remain low in North America, particularly compared to European countries such as the U.K. and Sweden, wh...
November 27, 2013