Packaged Facts branded market research is to pet companies as dogs are to humans: their best friends. Our pet market research reports examine key trends, providing market projections and in-depth analysis. Our analysts work closely with pet industry experts, associations, and publications, providing accurate and up-to-date market assessments while personally examining retail and service provider venues to offer keen insights into pet industry retail and consumer trends.
The US pet industry continued its strong advance in 2021, surging 14% overall to $123 billion, with non-medical services – the only sector to lose ground in 2020 – rebounding almost fully.
The pet medications market, 2020 and 2021 were boom years, but the market’s lackluster 3.7% growth during 2022 is actually indicative of unit sales losses stemming from higher prices, fewer veterinary visits, and a declining dog population.
This report forecasts US pet product and service retail sales in nominal US dollars for 2023-2027.
This report analyzes current and projects future retail sales and trends across the U.S. pet industry. It examines collectively and separately four sectors of products and services – pet food, non-food pet supplies, veterinary services, and non-medical pet services.
This report forecasts US pet supplement retail sales in nominal US dollars for 2023-2027.
The report provides an in-depth examination of the CBD market, following trends in regulation, consumer perceptions, new product development, and marketing.
This report provides a data-rich analysis of pet product retail sales and shopping patterns in the U.S.
As the pandemic brought health and wellness issues front and center across myriad human markets, the same held true for pets, with owners becoming even more receptive to food, treats, other supplies, and services with health and wellness benefits.
The percentage of U.S. households owning pets slipped slightly from 54% in 2018 to 52% in 2022, for a current total of 68 million pet-owning households.
This report forecasts US pet food retail sales in nominal US dollars for 2022-2026.
Despite the challenging conditions of the past few years, the pet food market has proven to be as resilient as ever, bolstered by U.S. pet owners’ willingness to spend on their beloved “fur babies” even in the midst of a health and economic crisis.