Pet Business 101

Here’s a PR Newswire story that shows pet owners indicate they would cut back on luxury items to maintain their level of care of their furry friends.

Check out the bottom of the story - you can call and get the full survey results…

With all the news on TV about impending economic doom and gloom I thought it important to discuss how this news impacts the pet industry.

Recent indicators show that the pet industry, while not impervious to the overall economy, has the ability to rise above the fray - and the current trends are a good case in point. The spending trends are such that the industry looks set to continue to prosper through 2008. This trend, however, is going to be difficult to maintain if the general economic conditions deteriorate into 2009 and 2010. [….]

As the economy tightens the market for pet products and services is still growing, with households earning at least $70,000 tripling their pet related expenditures to over $18.6 billion dollars - accounting for more than half of all U.S. spending for pet supplies, pet services and vet services, according to the latest Packaged Facts report.
This […]

I have just added almost every Pet Industry event for 2008 to the events calendar on the blog.

You can view all the events by clicking on the date in the calendar of by following this link […]

A new article published in Progressive Grocer further show the trends toward all-natural, holisitic products.
“Alternative pet foods are emerging as the primary beneficiaries of the recent pet food recall crisis, and could enjoy double-digit growth rates over the next two years as traditional mass-produced foods suffer from the perception they might be less safe, according […]