Showing posts with label Packaged Facts. Show all posts
Showing posts with label Packaged Facts. Show all posts

06 November 2016

RESEARCH - 3 Trends Driving Natural, Organic, & Eco-Friendly Pet Product Sales

According to a report by Packaged Facts, natural and organic products benefit from the consumer perception, whether real or imagined, that they are purer and safer than regular products.

The report - Natural, Organic and Eco-Friendly Pet Products in the U.S., 6th Edition - states 64% of dog owners and 56% of cat owners consider product safety and the potential for contamination when purchasing pet food.

As well, half (50%) of pet product purchasers agree that natural and organic pet foods are safer than regular pet foods.

“The widespread pet food recalls of spring 2007 thrust the issue of pet food safety into the spotlight,” said David Sprinkle, research director, Packaged Facts.

“Additionally, food recalls and pathogen outbreaks in the human food markets have left consumers leery of trusting the safety of the food products they are purchasing and caused them to question not just what they themselves are consuming, but their pets as well.”

Beyond lingering pet owner concern over product safety, Packaged Facts has identified three key trends that are shaping and growing the market for natural, organic and eco-friendly pet products:

  • Grain-Free Pet Food Proves More Than a Passing Trend: As of 2016, the grain-free movement has become such a large part of the pet food market that what began as a natural product phenomenon has crossed the boundaries into more conventional products. At the same time, the trend has become firmly entrenched as a crucial part of natural pet food market positioning. Packaged Facts’ pet owner survey reveals that 19% of dog owners and 15% of cat owners were using grain-free pet foods—percentages that will only continue to swell.

  • Increased Transparency Crossing Over From Human Market: The combination of consumer interest in the nutritional quality and safety of the pet foods and supplies they purchase has driven a demand for increased transparency in the contents and composition of products in the pet market. Mirroring trends in consumer packaged goods across the U.S., the more consumers educate themselves about the potential hazards that exist in the products they purchase, the more they desire to know exactly what it is that they are putting in, or on, their pets’ bodies, and are thus demanding labels that accurately reflect the contents of the product.

  • Availability of Grass-Fed and Free-Range Protein Sources: Like so many other human food trends, the appeal of meat protein that is ethically and sustainably sourced has crossed over into the pet food market. While the expense of grass-fed and free-range foods for pets may be off-putting, pet owners committed to both high quality foods and ethical food production see grass-fed and free-range proteins as worth the cost.

As reported in InfoStream, the Nielson study - Humanization of Pet Food - also emphasized the importance of natural pet food to consumers.

Seventy-four percent surveyed seek non-genetically modified organism (non-GMO), while – in descending order – the other top pet food criteria included claims of natural food and food containing enzymes.

06 July 2015

Pet Food: What Are People Buying?

According to Pet Food Industry's recent article there are approximately 78 million dogs and 86 million cats living in American homes. This large pet population ensures that pet food sales are on the rise. Packaged Facts estimates that pet food sales will increase to $33 billion USD by 2018.

According to Packaged Facts, in 2014, 95% of dog owners bought dry food, 37% bought wet food, and 34% bought both dry and wet foods. 95% of cat owners bought dry food, 51% bought wet food, and 47% bought both dry and wet foods. 78% of dog owners bought dog treats while 44% of cat owners bought cat treats. Premium foods accounted for 42% of pet food sales.  

52% of pet owners do not want to feed their pet 'animal byproducts', 47% want red meat as the main ingredient, and 50% want natural ingredients in their pet food. Pet owners are also looking for new flavours and textures for their pets to enjoy.


19 December 2014

Pet population and ownership trends in the US

A report published by Packaged Facts in November expresses concern over the aging population in the United States and the effect it will have on the pet industry. 

Although growth in pet ownership has levelled off in the past five years with more than 200 million pets of all kinds in 65 million households, the rapid acceleration of Americans expected to move into their 60s and beyond between 2015 and 2020 has raised warning flags for pet industry leaders. 

"Pet ownership drops off with age," says the report. "While 53% of 65 to 69-year-olds own pets, just 34% of Americans in the 70+ age group have a pet in their home." 

The report, Pet Population and Ownership Trends, takes an in-depth look at these and other trends affecting the future of the pet industry. It includes detailed estimates of the size of the American pet population today and projections of the future growth in the dog and cat population. The report also provides demographic and attitudinal profiles of owners of dogs, cats and other pets such as fish, birds and reptiles. 

This report and other related reports are available for online download from Packaged Facts for a fee. Visit www.packagedfacts.com for more information. 



26 March 2014

Pet Spending soars in Canada

Canadian pet owners are spending more money on luxury for their pets than ever before, according to a recent report published by Packaged Facts

The report shows many Canadians overlooking the high cost of premium retail products, which have fuelled much of the growth in the Canadian pet market, when it comes for their furry friends. Packaged Facts' proprietary survey of Canadian pet owners shows that the vast majority of pet owners are wiling to spend more on products that support the health and happiness of their pets. Another trend continuing to gain steam is the market emphasis on natural products as evidenced by companies ranging from Purina to Hill's Science Diet to Walmart focusing on natural products. 

For more information, visit PACKAGED FACTS.

Graphic source