Pet Food Processing - November 2023 - 98

SIT, STAY, READ
PRIORITIZING PET SPENDING
A 2023 survey by MarketPlace revealed pet supplement shoppers would look
to their own spending before considering cutting costs on pet products.
What costs would you cut first to
reduce overall monthly spending?
Entertainment
Apparel
Food (for people)
Transportation
Healthcare
Pet-related expenses
64%
38%
19%
8%
5%
3%
pet spending by demographic
A report by MarketWatch suggests older pet owners, women, and those living in the
Western United States spend more on their pets than the average pet parent.
Generation
Gen Z
Millennials
Gen X
Baby Boomers
Silent Generation
Average annual pet spending % of income
$369
$679
$949
$842
$495
.83%
.74%
.81%
1.07%
1.18%
US region
Average annual pet spending
Northeast
Midwest
South
West
CHANNELING SAVINGS
According to a survey of 700 pet owners by Vericast, 37% of pet owners are seeking discounted
pet products, and 28% are leveraging loyalty programs to save money on their pets.
% of pet owners and where they shop for pet products
Pet specialty big box stores
32%
General big box stores
30%
E-commerce
20%
Local, boutique pet stores
13%
Other
5%
98 PET FOOD PROCESSING | November 2023 | www.petfoodprocessing.net
$803
$691
$636
$1,046
% OF PET
OWNERS
Images: ┬ęDoglikehorse, Photoguns lovelyday12 - stock.adobe.com
http://stock.adobe.com http://www.petfoodprocessing.net

Pet Food Processing - November 2023

Table of Contents for the Digital Edition of Pet Food Processing - November 2023

Pet Food Processing - November 2023 - Intro
Pet Food Processing - November 2023 - FCa
Pet Food Processing - November 2023 - FCb
Pet Food Processing - November 2023 - 1
Pet Food Processing - November 2023 - 2
Pet Food Processing - November 2023 - 3
Pet Food Processing - November 2023 - 4
Pet Food Processing - November 2023 - 5
Pet Food Processing - November 2023 - 6
Pet Food Processing - November 2023 - 7
Pet Food Processing - November 2023 - 8
Pet Food Processing - November 2023 - 9
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Pet Food Processing - November 2023 - 11
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Pet Food Processing - November 2023 - 13
Pet Food Processing - November 2023 - 14
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Pet Food Processing - November 2023 - 18
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Pet Food Processing - November 2023 - 33
Pet Food Processing - November 2023 - 34
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Pet Food Processing - November 2023 - 36
Pet Food Processing - November 2023 - 37
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https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-november-2023
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-september-2023
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-july-2023
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-may-2023
https://digital.petfoodprocessing.net/sosland/pfp/pet-food-processing-march-2023
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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