Combining retail and pet services is becoming more common, according to Packaged Facts Pet Services in the US, 2nd Edition 2023. At the consumer level, franchising can combine some of the advantages of local, operator-owned with corporate efficiencies. At the industry level, franchising exemplifies how the pet market has entered a new era of multiple-front competition driven in … [Read more...]
Pet treat sales in 2022 fueled by inflation, not volume
Packaged Facts analysis shows the pet treat market is slowing despite the popularity of treats. The group projects the pet treat market will continue to grow over the next five years capitalizing on key opportunities including: value-positioned treats treats for cats treats featuring alternative proteins U.S. retail sales of pet treats reached $11 billion in … [Read more...]