PET Food Processing - December 2022 - 74

SIT, STAY, READ
PRICE HIKES
Pet food prices are up across the board, from kibble to fresh and frozen diets to treats.
US Multi-Outlet Sales | Price per unit change
Product Category
Dry Dog Food
Dry Cat Food
Wet Dog Food
Wet Cat Food
Refrigerated/Frozen Dog Food
Refrigerated/Frozen Cat Food
Dog Treats
Cat Treats
Price per unit
$16.58
$9.96
$2.81
$1.58
$8.26
$5.10
$6.04
$2.87
YoY % change
11.9%
14.3%
22.7%
18.7%
11.7%
13.9%
9.4%
8.0%
COST TO CONSUMERS
As inflation remains a concern among consumers, some pet
product shoppers are seeking lower prices and spending less.
STRONGLY OR SOMEWHAT AGREE NEUTRAL STRONGLY OR SOMEWHAT DISAGREE
I look out for lower prices, special offers,
and sales on pet products.
I am spending more on pet products
than I used to.
Many pet products are becoming too
expensive.
I am spending more on pet products due
to this COVID-19 period.
I am spending less on pet products
because of the economy.
66%
59%
56%
45%
20% 27%
29%
55%
ACCORDING TO THE AMERICAN PET PRODUCT ASSOCIATION'S latest Pulse
Study, more than one-third of Millennial and Gen Z pet owners plan to spend less on pet
food, compared to 23% OF GEN X AND 14% OF BABY BOOMERS.
Gen Z
Millennials
Gen X
Baby Boomers
February 2022 June 2022 September 2022
33%
23%
14%
7%
26%
32%
22%
12%
36%
37%
23%
14%
19% 15%
24%
27%
26%
18%
16%
74 PET FOOD PROCESSING | December 2022 | www.petfoodprocessing.net
Source: Chicago-based market research firm IRI (52 weeks ended Aug. 7, 2022), US Multi-Outlet includes grocery, mass market, military, select clubs and dollar retailers; Packaged Facts,
" Inflation, Supply Chain, and the Pet Products Shopper " ; American Pet Products Association (APPA), " APPA Pulse Study: Pet Ownership In The Current Economy, " Vol. 8, October 2022.
Photos: ©irinagrigorii, ©MB.photostock - stock.adobe.com
http://www.petfoodprocessing.net

PET Food Processing - December 2022

Table of Contents for the Digital Edition of PET Food Processing - December 2022

PET Food Processing - December 2022 - Intro
PET Food Processing - December 2022 - FCa
PET Food Processing - December 2022 - FCb
PET Food Processing - December 2022 - 1
PET Food Processing - December 2022 - 2
PET Food Processing - December 2022 - 3
PET Food Processing - December 2022 - 4
PET Food Processing - December 2022 - 5
PET Food Processing - December 2022 - 6
PET Food Processing - December 2022 - 7
PET Food Processing - December 2022 - 8
PET Food Processing - December 2022 - 9
PET Food Processing - December 2022 - 10
PET Food Processing - December 2022 - 11
PET Food Processing - December 2022 - 12
PET Food Processing - December 2022 - 13
PET Food Processing - December 2022 - 14
PET Food Processing - December 2022 - 15
PET Food Processing - December 2022 - 16
PET Food Processing - December 2022 - 17
PET Food Processing - December 2022 - 18
PET Food Processing - December 2022 - 19
PET Food Processing - December 2022 - 20
PET Food Processing - December 2022 - 21
PET Food Processing - December 2022 - 22
PET Food Processing - December 2022 - 23
PET Food Processing - December 2022 - 24
PET Food Processing - December 2022 - 25
PET Food Processing - December 2022 - 26
PET Food Processing - December 2022 - 27
PET Food Processing - December 2022 - 28
PET Food Processing - December 2022 - 29
PET Food Processing - December 2022 - 30
PET Food Processing - December 2022 - 31
PET Food Processing - December 2022 - 32
PET Food Processing - December 2022 - 33
PET Food Processing - December 2022 - 34
PET Food Processing - December 2022 - 35
PET Food Processing - December 2022 - 36
PET Food Processing - December 2022 - 37
PET Food Processing - December 2022 - 38
PET Food Processing - December 2022 - 39
PET Food Processing - December 2022 - 40
PET Food Processing - December 2022 - 41
PET Food Processing - December 2022 - 42
PET Food Processing - December 2022 - 43
PET Food Processing - December 2022 - 44
PET Food Processing - December 2022 - 45
PET Food Processing - December 2022 - 46
PET Food Processing - December 2022 - 47
PET Food Processing - December 2022 - 48
PET Food Processing - December 2022 - 49
PET Food Processing - December 2022 - 50
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PET Food Processing - December 2022 - 54
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PET Food Processing - December 2022 - 62
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PET Food Processing - December 2022 - 74
PET Food Processing - December 2022 - 75
PET Food Processing - December 2022 - 76
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-december-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-october-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-september-2022
https://digital.petfoodprocessing.net/sosland/pfp/-pet-food-processing-june-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-march-2022
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-december-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-october-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-september-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-june-2021
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-march-2021
https://digital.petfoodprocessing.net/sosland/pfp/2020_12_01
https://digital.petfoodprocessing.net/sosland/pfp/2020_10_01
https://digital.petfoodprocessing.net/sosland/pfp/2020_09_01
https://digital.petfoodprocessing.net/sosland/pfp/2020_06_01
https://digital.petfoodprocessing.net/sosland/pfp/2020_03_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_12_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_10_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_09_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_06_01
https://digital.petfoodprocessing.net/sosland/pfp/2019_03_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_12_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_09_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_06_01
https://digital.petfoodprocessing.net/sosland/pfp/2018_03_01
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