More than two-thirds (71 percent) of American households have a pet, reports the American Pet Products Association (APPA) in its 2025 Industry Report, as cited by the World Animal Foundation. The market research firm estimates that households with pets total 94 million in 2025, a significant rise from 67 million in 2019. The two most […]
Tag: David Sprinkle
Pandemic To Cause Projected 17% Drop In Pet Industry Sales
The pet industry is famously recession resistant, coming through September 11, 2001 attacks and the Great Recession of 2008-09 relatively unscathed. However, not even the new “pet parent” sensibility can make the pet industry recession proof in the midst of the novel coronavirus pandemic. In its just-published U.S. Pet Market Outlook 2020-2021, market research firm Packaged […]
Packaged Facts: Pet Owners Embrace CBD Products In Supplements
From notable market growth to the expanding presence of CBD (cannabidiol) products, these are exciting and innovative times for the pet supplements industry, according to market research firm Packaged Facts in the new report “Pet Supplements in the U.S., 7th Edition.” Packaged Facts research reveals that pet supplements have rebounded from the sluggish annual increases […]
New Report Says Multi-Beverage Blends Trending
U.S. Beverage Market Outlook 2019 says new innovations and mashup formulations have been growing in popularity. Efforts by marketers and manufacturers have given the otherwise mature beverage industry the buoyancy necessary to stay afloat and thrive, according to the new report by market research firm Packaged Facts. Among the most important recent innovations identified by […]
U.S. Salty Snacks Market To Reach $29 Billion By 2022
How Americans eat has evolved to match the frequently hurried, harried and hectic lifestyles of today’s consumers, says market research firm Packaged Facts. That shift has been a boon to convenient food options, including salty snacks such as potato chips, popcorn and pretzels. In its new report, “Salty Snacks: U.S. Market Trends and Opportunities,” Packaged Facts […]
Probiotic Foods, Beverages Trending With Millennials, Natural Grocery Shoppers
Roughly a quarter of U.S. adults specially seek out foods and beverages with high amounts of probiotics or prebiotics. That finding comes from a 2017 National Consumer Survey conducted by market research firm Packaged Facts, published in the company’s new report “Probiotics and Prebiotics: Food and Beverage New Product Trends.” With the increased focus on their […]
Clean Labels, Clean Snacking: The $41B Future Of Candy
From consumers’ growing knowledge about product ingredients, the “clean snacking” mindset has emerged. Clean snacking is a balanced approach to nutrition that explores realistic options rather than a more dogmatic philosophy that forbids snacks or sweets altogether, according to market research firm Packaged Facts in last year’s “Chocolate Candy in the U.S., 11th Edition” report. […]
