Author: Alyssa Hardt

Food

6 Petfood Industry blogs, columns as of March 2024

US private label pet food sales: Still small but rising March 1, 2024 — Debbie Phillips-DonaldsonAlthough the US has long lagged behind Europe in private label pet food sales and market share, those sales continue to grow amid ongoing pet food inflation.The state of pet food innovation in early 2024March 7, 2024 — Debbie Phillips-DonaldsonInnovation in pet food does not always mean new products; sometimes it’s new delivery services, new market players and new research on existing ingredients. Loyal buyers of preferred pet foods despite high pricesMarch 13, 2024 — Debbie Phillips-DonaldsonUS pet food inflation continues to fall, although prices…

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Food

‘Petflation’ continues: Impact on consumer spending and the pet market

While pet food inflation is slowing, according to PetBusinessProfessor.com’s John Gibbons in his latest January 2024 report, it’s still picking up. January 2024 marked the fourth highest rate, with 2023 entering the second highest annual rate in history. Prices rose slightly in January 2024, but the YOY national Consumer Price Index (CPI) declined to +3.1% from +3.4% (January 2023) due to large monthly price increases in 2023. In January, pet food prices reached +4.8%, down slightly from December’s figure of +5.1%. Pet food prices passed the national CPI in July 2022, and at 4.7% in January, it was still 51.6%…

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