Convenience, connectivity drive pet tech marketMay 25, 2020Data shows an 11 percent increase in the sales of “smart” pet products in 2019 as compared to the previous year, with revenue hovering around $491 million.
Education Center - SponsoredAVMA benefits: Are you leaving anything behind?by • American Veterinary Medical Association (AVMA)As the national association for veterinarians, the American Veterinary Medical Association (AVMA) provides tools and resources that help our members—and the veterinary profession as a whole—grow, advance, and succeed
Veterinary insight drives pet medication industryFebruary 19, 2020America’s veterinary market has a direct impact on the country’s $9.8 billion pet medications industry.
Veterinarian nutritional guidance integral to pet healthJanuary 8, 2020While discussions related to nutrition might sometimes take the back seat during wellness checks, veterinarians should play a proactive role in their patients’ diets, as many owners are blind to their pet’s potential weight problem.
In-store veterinary clinics more prevalentDecember 9, 2019The changing face of the pet product industry has affected clients’ overall perception of animal health care, and this might have an impact on veterinary visits.
Report: 4 factors transforming veterinary industryJune 1, 2018Growing competition for flea and tick medication sales online, the aging demographics of the veterinary profession, the heavy debt load of recent veterinary school graduates, and the money being offered by consolidators are transforming the veterinary industry, according to market research firm Packaged Facts’ Pet Industry Outlook: Veterinary Services and Pet Product Retailing. Consolidation and ecommerce trends that in large part are fueling the shifts tie in to significant changes in …
US pet owners spent nearly $3B on grooming services in 2017May 3, 2018Data released by market research firm Packaged Facts shows that U.S. pet owners spent nearly $3 billion on animal grooming/spa services and products in 2017. The firm, which is partnered with the nonprofit American Pet Products Association, links the expenditure to the increasing trend of pets being considered as family members, citing that 76 percent of those surveyed said it was “important to keep their pets clean and fresh-smelling.” “Treating pets as family members …
US pet industry sales reach $86 billion, growth projectedMarch 14, 2018The U.S. pet industry continues along a healthy growth trajectory, with overall sales of pet products and services rising almost 5 percent last year. Burgeoning online sales and strong numbers in veterinary services and pet food contributed to the advancement of the market, which Rockville, Md.-based market research firm Packaged Facts estimates at $86 billion in the brand new report U.S. Pet Market Outlook, 2018-2019. Sales of retail channel pet food made …
4 things veterinarians, pet marketers must know about Gen Z, millennialsMarch 13, 2018Pet ownership in the U.S. is trending younger and younger. The 57 million pet owners under age 40 account for 41 percent of all pet owning adults in the United States. Over the past decade Gen Z (18- to 24-year-olds) and millennials (25- to 39-year-olds) accounted for more than half of the growth in the pet owner population, according to Rockville, Md.-based market research firm Packaged Facts in the company’s new report
