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Recent Articles

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US product sales for pets other than dogs and cats grew 7% in 2022, despite economic pressures on pet owners, per Packaged Facts; pet specialty accounted for largest share of sales at 60%, due to stores stocking much wider array of products for other pets

PetSmart Charities of Canada launches first-ever Pet Hunger Awareness Day on September 26 to bring attention to pet food insecurity; according to recent nationwide survey, 77% of Canadians say they would forgo meals to ensure their pets had enough to eat

Rapid growth in Ecuador's pet care industry sees 4.1 million households owning at least one pet, outpacing child population and attracting international pet care brands, according to data; in 2022, local pet food sales totaled US$168M, up 40% from 2021

Pets accustomed to remote work arrangements feel neglected as owners spend less time at home; shift results in drop in pet treat sales, affecting companies such as General Mills, Petco, while companies such as Rover, offering pet services, see shares rise

Continued inflation impacts pet sector, with rising prices affecting consumer spending, according to Pet Business; despite some segments showing signs of stabilizing, overall trend remains strong, potentially leading to shift in spending among pet owners

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