Wednesday, November 30 2022

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5 Facts: How Consumers Seek and Support Sustainability

October 7, 2022 – Debbie Phillips-Donaldson

Sustainability in most industries, including pet food, has gone far beyond a trend associated with “tree-huggers” and entered the mainstream as a business imperative, especially in an era of supply chain disruptions leading to scarcity and rising commodity prices – not to mention the growing number of disasters caused by climate change.

US pet food spending before and since the pandemic

October 12, 2022 – Debbie Phillips-Donaldson

The pet food market has a well-deserved reputation for resisting recession and even, since 2020, for resisting pandemics. For example, sales of pet food and treats in the United States grew 15% in 2020 and another 15% in 2021, according to Packaged Facts.

U.S. Pet Food Inflation Continues to Rise, Outpacing Human Food Inflation

October 19, 2022 – Debbie Phillips-Donaldson

Throughout 2022, consumers have struggled with rising prices for almost everything they need to buy, especially food and groceries, due to massive disruptions to supply chains, ongoing economic crises and Russia’s invasion of Ukraine. Those who own pets have faced the double whammy of pet food prices rising at about the same rate as human food prices.

Pet Food Spending and the Wheel of Fortune

October 1, 2022 – David Sprinkle

Pet care spending is showing its resilience to recession, at least in relative terms, even in this new phase of high consumer inflation.

Tracking global pet food inflation

October 27, 2022 – Debbie Phillips-Donaldson

The United States has long dominated the global pet food industry as the largest market, and now it has added another, more dubious, #1 status: as the leader in food inflation. for pets. At the end of September 2022, pet food inflation in the United States reached 14% year-over-year (YOY), exceeding that of human food (“food at home” in the parlance the US government) at 13% and the overall US consumer price index (CPI) at 8.2%. Unfortunately, this scenario is playing out to varying degrees in other pet food markets as well, although to date the United States is one of the few where pet food has topped human food in terms of inflation.

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