2022 Pet Services Spending was $12.36B – Where did it come from…?

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A 2nd consecutive record spending increase as 93% of demographic segments spent more on Pet Services!

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2022 Pet Supplies Spending was $21.94B – Where did it come from…?

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After a record lift in 2021, Supplies $ fell -$1.86B in 2022, but 52% of demographic segments still spent more.

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Retail Channel Monthly $ Update – November Final & December Advance

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In 2023 Relevant Retail sold only 0.3% more product than last year, a small lift but much better than -0.2% in 2022.

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Petflation 2023 – December Update: Turns up to +5.1% vs 2022

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Petflation rose to +5.1% but ended the year at +8.0%, the 2nd highest rate in history!

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2022 Pet Food Spending was $38.69B – Where did it come from…?

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Pet Food bounced back as 82% of demographics spent more generating a $4.29B (12.5%) increase and a new record high!

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2022 Pet Products Spending was $60.63B – Where did it come from…?

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A $4.29B lift from Food overcame a $1.86B drop in Supplies as 70% of demographic segments bought more Pet Products.

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Retail Channel Monthly $ Update – October Final & November Advance

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For the 1st time in 2023, the Relevant Retail Group is positive in all measurements vs 2022, 2021 & 2019. GREAT NEWS!

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Petflation 2023 – November Update: Down to +4.3% vs 2022

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In November Petflation slowed from 5.2% to 4.3% but it is still 1.4 times higher than the national rate.

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2022 Total Pet Spending was $102.71B – Where did it come from…?

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Big lifts in Food & Services overcame big drops in Supplies & Veterinary. Overall, spending became a little more balanced.

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2022 U.S. Pet Spending by Generation – Gen X Stays on Top!

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Gen X stays on top but Gen Z “gets in the game” by doubling their spending!

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