Brazil is one of the countries with the largest pet populations in the world, ranking third behind China and the US. Since the emergence of the pandemic in 2020, the pet population in Brazil, including cats, has consistently grown, where there are often m…
Brazil is one of the countries with the largest pet populations in the world, ranking third behind China and the US. Since the emergence of the pandemic in 2020, the pet population in Brazil, particularly the dog population, has consistently grown, where …
Pet care in Japan is set to grow in retail current value terms in 2023, largely driven by unit price increases, led by both inflationary pressure and the ongoing premiumisation trend. Many of the ingredients used in pet food, such as chicken and corn, hav…
Pet care in the United Arab Emirates saw retail volume and current value growth across both pet food and pet products in 2022, and this is set to continue in 2023. One of the main factors contributing to growth is that fact that the pet population has bee…
Pet care in Hong Kong remains robust in 2023 and is expected to see further value sales growth over the forecast period. The high popularity of pet ownership continues to prevail as a result of the low birth rate in Hong Kong, while many local households …
Despite seeing a slowdown in growth in 2022 due to sporadic yet frequent outbreaks of COVID-19 cases across nearly all parts of China, pet care in China still maintained growth in this year, as these products are seen as necessities. In 2023, pet care in …
Pet care in Brazil is mostly comprised of products geared towards pet nutrition. With the emergence of the pandemic and the boom in pet adoption and acquisition, the industry has experienced double-digit growth rates in recent years. However, with the end…
The current inflationary climate is forcing pet owners to consider limiting their spending or trading down on non-essential products and accessories for their pets. Consumers with lower incomes are more cost-conscious regarding what they spend. Therefore,…
Research into pet owners by Animal Medicines Australia shows that dog-owning households tend to spend an average of AUD349 on pet products and AUD323 on pet healthcare each year. This is significantly higher than the average annual spend for households wi…
After a critical 2022 featuring high inflation and supply chain issues, pet care sales in the UK are stabilising, despite ongoing economic and geopolitical uncertainty. Indeed, emerging from the pandemic period, the war in Ukraine has caused major challen…
Following the surge in demand for pet care over 2020-2021, growth rates are becoming more subdued. Australians’ lives are returning to normal with the end of pandemic-related lockdowns and this is reflected in the slower growth of the pet population. One …
The UK experienced steep inflation and crippling energy bills in 2022, a trend that remains relevant over the early part of 2023, resulting in challenges for aquatic pet specialists attempting to heat fish tanks and run necessary systems. These problems a…
Owning a pet is a financial luxury that many consumers cannot afford in Australia due to the rising cost of living, but small pets such as birds and fish can be a more affordable option for those who still desire a pet for companionship. Animal Medicine A…
2022 was characterised by high inflation rates, causing disposable incomes to decline. In this context, abandonment rates rose as some pet owners were forced to give their dogs up. Additionally, the decline in pet adoptions contributed to a decline in the…
Premium dog food has been growing in popularity among pet owners in Australia as knowledge of their pets’ needs becomes more widespread. Premium dog food typically has numerous benefits, including often being organic with no artificial additives, while al…
The challenging economic conditions in 2022 forced some local pet owners to give up their cats. Despite the fact that abandonment rates grew, the UK’s cat population continued to increase, albeit at a slower pace than in the previous year, as adoptions sl…
Cat treats and mixers remains the strongest performer within cat food in Australia, continuing to sustain dynamic growth rates in both volume and value terms. As cat owners continue to prioritise their pets and seek to indulge them, the demand for cat tre…
The industry for pet products has increased over the years as it constantly develops and represents lucrative opportunities for fashion, tech and sanitary brands. In 2022, however, price rises have forced Belgian consumers to prioritise food over other le…
The bird, fish, mammal and reptile population continues to grow slowly in Belgium. The effects of inflation have touched upon every category, leading to new policies as the abandonment toll has greatly increased versus previous years. Despite being small …
Cats remain the most popular pet in Belgium with 28% of households owning a cat in 2022, according to Euromonitor statistics. Cat food overall has benefited from a successful 2022 and is forecast to record further growth in 2023. As seen in the global pet…