U.S. PET FOOD SPENDING $36.35B (↑$4.79B): MID-YEAR 2022 UPDATE

Pet Food’s annual growth rate from 2019>22 is 41% higher than the pre-pandemic rate!

Retail Channel Monthly $ Update – April Final & May Advance

The Retail outlook is not great but better than April. Monthly “real” sales vs 2022 are again positive for Relevant Retail – now in 2 of the last 4 months.

Petflation 2023 – May Update: Prices are still high, +10.3% vs 2022

Yes, inflation is slowing but Petflation is 2.5 times higher than the National Rate.

Retail Channel $ Update – March Final & April Advance

Inflation is slowing but its cumulative impact is becoming more apparent!

Petflation 2023 – April Update: Prices increase to +10.4% vs 2022

Petflation is back in double digits, +10.4% and twice as high as the National Rate!

Inflation: A Historic Look – 1992 > 2022

Spectacular sales growth but inflation was a major factor!

Retail Channel Monthly $ Update – February Final & March Advance

Inflation is slowing but the increase in Retail $ slowed even more producing a widespread drop in “real” sales!

Petflation 2023 – March Update: Price increase slows to +9.4% vs 2022

After 7 months at 10+%, Petflation is down to 9.4%, but it is 88% higher than the National CPI rate!

Retail Channel Monthly $ Update – January Final & February Advance

Sales are down from January but still a record for the month. Plus, there are other signs that the impact of inflation may also be slowing!

Petflation 2023 – February Update: Price increase grows to +10.9% vs 2022

Overall, Inflation is slowing… but not in the Pet Industry!