Pete Scott and Anne Ferrante of APPA discuss trends in pet ownership and spending, and what they mean for the pet food industry’s future.

This 50/50 split is expected to change how pet owners shop, and where.

What are consumers willing to spend more on, and how has the economy impacted pet spending?

The report examines pet care product availability, discounts and brands’ share of search.

According to Pet Advocacy Network’s latest study, the industry contributed $260.5 billion to the economy in 2021.

US pet industry sales continue on an upward trajectory, with lofty predictions for the future.

Sentiments for the US economy and pet spending continue to shift among US pet owners.

While demand for pet nutrition is generally inelastic, some pet owners are considering changing their spending habits to accommodate economic strain.

Clear opportunities for omnichannel purchasing and function-focused formulations.

Online-only shopping is down slightly across generational, geographic and racial pet owner cohorts.