There is a table in Pets at Home‘s (PETS) annual report that sets out just how many board members have pets at home. The majority do, including chief executive Lyssa McGowan. The mini survey reflects well on a company that relies on an animal devotion. Indeed, “gifting and wellness” is now an important driver of sales, according to management, with customers purchasing “special birthday treats” for their furry companions. It’s hard not to feel sceptical, but beneath the fluff there is a strong investment case for the Cheshire-based chain, which is defying the retail gloom and tapping into profitable
Pets Market
TasFoods enters pet-food category with new Australian brand
TasFoods has marked its entry into the pet-food sector with the Australian launch of the Isle & Sky brand.
The new pet-treats range – produced by TasFoods’ Nichols Poultry business unit – includes three new premium chicken products for cats and dogs – chicken necks, chicken neck bites, and chicken wing tips.
Launceston, Tasmania-based TasFoods has partnered with the country’s specialty pet-products retailer Petbarn to launch the range in over 200 stores.
The company has also signed a distribution arrangement
How pet food makers are adapting to new consumer demands
The opportunity for UK food manufacturers in pet food is vast.
Data from Statista shows that as of 2023, as many as 57% of UK households own a pet. This makes the United Kingdom the second largest market for pet food in the world, behind only the US.
The UK dog food market alone is valued at almost £1.6bn, with cat food not far behind at £1.27bn.
As more and more people welcome new puppies and kittens into their homes, there is an increasing notion that a pet is more than just a furry acquaintance. This has, in turn, created
Pet Care Market Set to Soar Past USD 384.2 Billion by 2030
Westford,USA, July 27, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Pet Care marketincreased focus on natural and organic products, the rise of e-commerce and direct-to-consumer channels, the surge in pet tech and wearables, focus on sustainability and eco-friendly products, personalized and customized offerings, growth in pet grooming and spa services, expansion of pet insurance and healthcare options, and adoption of subscription-based models are the trends that aid in the market’s growth.
Browse in-depth TOC on the “Pet Care Market”
- Pages – 260
- Tables – 89
- Figures – 76
Pet care provides food, water, shelter,
Pet Clothing Market Size Projected to Attain $7 Billion by
Pune, India, Nov. 02, 2023 (GLOBE NEWSWIRE) — The global pet clothing market size was USD 5.01 billion in 2020 and is projected to grow from USD 5.17 billion in 2021 to USD 7 billion in 2028 at a CAGR of 4.4% during the 2021-2028 period . Factors such as the growing preference for sustainable clothing and the increasing focus on the introduction of innovative pet clothing are expected to favor the market growth during the forecast period.
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List of Key Players Profiled in the Pet Clothing Market:
- L. Shareholding Company Ltd. (Oxford, UK)
Pet Snacks & Treats Market Size is Estimated to Reach US$ 22,215.1 Million by 2034
Eco-Friendly and Nutrient-rich Treat Gaining Traction in the Pet Treat Market. Pet Snacks and Treats Market to Register a CAGR Of 5.0% from 2024 to 2034.
NEWARK, Del., Nov. 28, 2023 (GLOBE NEWSWIRE) — The pet snacks and treats market size is poised for significant growth and is expected to reach from US$ 13,684.5 million in 2024 to US$ 22,215.1 million by 2034. The pet snacks and treats sales are set to record a CAGR of 5.0% from 2024 to 2034.
Key Forces Shaping the Future of the Pet Snacks and Treats
Max’s Natural Pet Market & Salon Offers The Very Best For Your Pets — Neighborhood News
Since launching in September 2019, Max’s Natural Pet Market & Salon has garnered a positive reputation — with glowing Google reviews — thanks to its exceptional customer service and expertise.
Founder Paul Spalvieri and his wife Martina live in Watergrass in Wesley Chapel with children Matthew, Martinka and Kristinka, and fur babies Max, a Bichon Frize, and Missy, a Havanese.
Paul opened the original Max’s Natural Pet Market
Premiumization: Healthy for the pet food market long term?
For the ongoing health of the industry, should pet food manufacturers and pet retailers pull back from the common, long-held strategy of focusing mainly on superpremium products and their purchasers?
That’s a concept posed by Bryan Jaffe, managing director, and John Gulvezan, vice president, of Cascadia Capital, an investment firm that closely tracks the pet industry. In their “Pet Industry Overview, Spring 2023” report, they wrote about what they see as a trend toward the industry bifurcating into two markets: superpremium and economy, “with affluent pet owner spend offsetting declining ownership and lower spend from median pet owners. ”