Pet Products & Services

What are key trends to watch in the US pet industry?

• Pet Parents – Pet markets must cater to more pet owners, especially childless and empty nest households that see pets as “furry children”.
• Pandemic Habits – Many pet owners have held off on returning to the workplace, extending the lifespan of both work-from-home and play-at-home behaviors.
• Mental Health & Wellness – A large majority of US pet owners feel that their pets have a beneficial impact on their physical and emotional health and return the favor when it comes to pet wellness.
• E-Commerce – Pet owners increasingly look to home delivery, curbside pickup, or buying online to pickup in the store, particularly for consumable products purchased at established intervals, like food and litter.
• Value – In an era of inflation and supply chain challenges, product quality is the most influential factor in purchase, as noted by 79% of pet owners in Packaged Facts’ January 2022 survey.