The cost of ingredients is one of the causes to blame for the price increase. These costs are heavily impacted by factors such as drought and transportation costs according to research by veterinarians.com. The research revealed that dry dog food has risen by 41% in cost compared to 2020, as well as:
- 55 percent of respondents said they had to cancel subscriptions for pet food
- 24 percent of pet parents were considering rehoming their pets
Source: GlobalPETS, as seen in the June 27 Fountain Briefing, June 26, 2023. Link.
INSIGHTS: These trends may provide animal health pros an opportunity to offer nutritional counseling on value brands, best overall nutritional value and reinforce the proper amount of food and treats pets really need to thrive. However, veterinary teams must engage the pet owner first by inquiring and adding nutritional information to the pet records.
Also see: 10 dog-gone easy ways to save money on dog food, Daily Paws, June 2, 2023. Link. Linda Simon, DVM, MVB, MRCVS shared some options for pet owners that may save money on dog food.
Those <foods> with raw or premium ingredients tend to be more costly, while kibble is the most cost-efficient.”