6 Influential Pet Trends in the U.S. [Infographic]

It may come as no surprise that the Internet is the fastest growing channel for pet products. In fact, sales of pet products sold online will easily double between 2017 and 2022, according to a report by market research firm Packaged Facts.

The $86 billion pet industry is certainly transforming alongside the rise of e-commerce, but that’s not the only trend to watch in the coming years. 

Topics: Industry Insights Pets

Walmart’s Competitive Advantage: 3 Key Success Factors

Walmart is famous for its ability to deliver “products that are so darn cheap you can’t believe it.” But there’s more to Walmart’s business strategy than low prices.

In a four-part series, the market research firm Packaged Facts examines critical aspects of Walmart’s business model and the factors that motivate consumers to shop there. This article shares key findings from these reports to help explain how Walmart has built and maintained such a strong competitive advantage in multiple industry categories.

Topics: Packaged Facts Pets Food & Beverage Financial Services

Veterinary Industry Outlook: Top Global Trends and Statistics

Growth in the pet population, increasing penetration of pet insurance, pet humanization within the growing global urban population and increased awareness of animal welfare needs due to social media are helping the veterinary industry to maintain growth at 6.2% a year, according to a new market research report.

Topics: Diagnostics Pets Industry Insights Healthcare

4 Pet Industry Trends to Watch in 2018 and Beyond

The U.S. pet industry reached $86 billion in 2017 and continues to have a strong growth trajectory, according to a comprehensive new report by Packaged Facts titled U.S. Pet Market Outlook, 2018-2019.

While sales of pet products and services rose nearly 5% last year, threats of disruption keep industry players scrambling to adjust to a rapidly shifting market landscape.

Topics: Packaged Facts Pets Industry Insights

9 Leading Pet Companies in the U.S.

In case you haven’t already heard, Packaged Facts released a downloadable PDF that describes the top 9 pet companies in the U.S. in 2018 — including retailers, pet product companies, pet food manufacturers, and petcare companies — that have the highest estimated revenues.

Topics: Pets Packaged Facts Industry Insights

Infographic: Top 4 Halloween Costumes for Dogs

Since more and more people treat their pets as family, it’s no surprise that pet Halloween costumes have become a popular tradition.

Check out a new infographic by the research firm Packaged Facts to learn about recent pet Halloween costume trends, and find out which dog costumes are favorites.

Topics: Pets Packaged Facts

4 New White Papers & Free Downloads from MarketResearch.com

MarketResearch.com has five in-house publishing divisions that produce quality market intelligence for top industry decision makers. 

These publishers not only provide market research reports, they have also released a number of free white papers, presentations, and e-books on a variety of dynamic markets. These resources are designed to give you a quick view of an industry, leading companies, or trends. 

Topics: Pets Biotechnology Food & Beverage Packaged Facts Kalorama Information The Freedonia Group

4 Major Trends to Follow in the Veterinary Services Industry

Groundbreaking technological advances are rapidly transforming the veterinary services industry — expanding treatment options and boosting potential revenue growth. While these developments are creating exciting new possibilities, veterinary service providers that are slow to adapt may fall behind and miss a key window of opportunity.

The Veterinary Services Global Market Report 2017 from the Business Research Company highlights four major trends in the veterinary market that should be followed in order to stay competitive.

Topics: Pets Healthcare Industry Insights

Projected 2017 Trends in the Pet Industry

Americans are spending more on their pets than ever before, and expenditures continue to rise. By 2020, the U.S. pet industry is expected to reach $96 billion in sales, according to Packaged Facts, a leading market research firm.

Approximately 56% of U.S. households own pets, and the close emotional bonds people share with their furry friends is a major driver of industry growth. To learn more about this and other trends, check out the article below, which highlights several key findings from the report U.S. Pet Market Outlook, 2016-2017.

Topics: Pets Packaged Facts

MarketResearch.com in the News: July Highlights

This past month, MarketResearch.com’s publishing divisions were cited in a wide variety of publications including the New York Times, Slate Magazine, and numerous trade journals. Take a look at a selection of press highlights below. To access more information about a particular topic, click the link to the report page.

Topics: Food & Beverage Healthcare Pets Industry Insights Heavy Industry