sizzling stats: pet industry trends

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SIZZLIN’ STATS 20 Great Stats About Pet Industry Trends

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20 Great stats about pet industry trends.

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Page 1: Sizzling Stats: Pet Industry Trends

SIZZLIN’STATS

20 Great Stats About Pet Industry Trends

Page 2: Sizzling Stats: Pet Industry Trends

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Page 3: Sizzling Stats: Pet Industry Trends

51%ofpetparentstaketheirpetswith them when they travel.(Study by AAA and Best Western International)

Page 4: Sizzling Stats: Pet Industry Trends

$354 million

$881 million

(Packaged Facts, U.S. Pet Market Outlook, 2012-2013)

2009

2014

North American Pet Insurance Sales Estimates

20% Annual Growth

Page 5: Sizzling Stats: Pet Industry Trends

Asthelargestmarketsegment,dogsfuelmostofthegrowthintheU.S.petmarket.(U.S. Pet Market Outlook, 2012-2013 April 2012)

Page 6: Sizzling Stats: Pet Industry Trends

Pet Parents were expected to spend $70 million more in 2012 than they did in 2011 on costumes.

(National Retail Federation)

Page 7: Sizzling Stats: Pet Industry Trends

61%ofPetHouseholdsKeep More Than One Pet.

(U.S. Pet Market Outlook, 2012-2013)

Page 8: Sizzling Stats: Pet Industry Trends

The pet parent factor—pet owners treating their pets like children--is atthecoreofpetowners’ willingness to spend ever greateramountsofmoney on their pets.” (David Lummis, Pet Market Analyst)

Page 9: Sizzling Stats: Pet Industry Trends

Spending Snapshot: Overall U.S. Pet Industry

(www.americanpetproducts.org)

Expenditures* GrowthYear

2008 $43.2

2009 $45.5 5.3%

2010 $48.4 6.4%

2011 $51.0 5.4%

2012E $52.9 3.7%

2013E $55.0 4.0%*in billions

Page 10: Sizzling Stats: Pet Industry Trends

“Asof2011,veterinary services — the most directly health-related category—leads in market share, at 35%”(U.S. Pet Market Outlook, 2012-2013)

Vete

rinar

y Se

rvic

es

Pet F

ood

35% 34%

20%

11%

NonfoodPet

Supp

lies

Non

-Med

ical

Pe

t Ser

vice

s

Page 11: Sizzling Stats: Pet Industry Trends

Amazon.com emerges as the top website among consumers who purchased pet products online within the last 12 months, at 39%, with Walmart at 12%”

(Packaged Facts, U.S. Pet Market Outlook, 2012-2013)

Page 12: Sizzling Stats: Pet Industry Trends

MarketSnapshot:GrowthofPetInsurance25

3.1

Milli

on

280.

9 M

illion

2008 2009

(Embrace Pet Insurance)

2010 2011 2012E 2013E 2014E

314.

4 M

illion

369.

6 M

illion

407.

4 M

illion

462.

6 M

illion

519.

4 M

illion

Page 13: Sizzling Stats: Pet Industry Trends

(U.S. Pet Market Outlook, 2012-2013)

AccordingtoTheAssociationforPetObesityPrevention(APOP)fifthannualNationalPetObesity Day Study, conducted in October 2011

53%ofdogsareoverweightorobese

55%ofcatsareoverweightorobese

Page 14: Sizzling Stats: Pet Industry Trends

(Natural, Organic, and Eco-Friendly Pet Products in the U.S., November 2012)

Natural/Alternative Cat Litters account forover halfofsales (55%)ofNatural Pet Care

Page 15: Sizzling Stats: Pet Industry Trends

There are 116 million pets other than dogs or cats living in American households.”

(Pet Population and Pet Owner Trends in the U.S., January 2013)

Page 16: Sizzling Stats: Pet Industry Trends

InMarch2012,36%ofbuyersreportedspending lessonpetproductsbecauseofthe economy, compared with 27% in 2010.(Packaged Facts, U.S. Pet Market Outlook, 2012-2013)

2012 Buyers 2010 Buyers

36% 27%

Page 17: Sizzling Stats: Pet Industry Trends

Thenumberofminority(i.e.,otherthanWhiteNon-Hispanic)dogorcathouseholdsrose30%from2006to2011,representingtheadditionof2.6 million minority households as pet owners. (Experian Simmons Consumer Survey)

Page 18: Sizzling Stats: Pet Industry Trends

From 2007 to 2011, pet superstores increased their pet shopper base, with both PetSmart and Petco charting commensurate gains, while other pet stores (including independents and smaller chains) saw their shopper base slip.(Packaged Facts, U.S. Pet Market Outlook, 2012-2013)

Pet Superstores

Other Pet Stores

39%

13%

46%

12%

Pet SuperStores

Other Pet Stores

2007

2011

Page 19: Sizzling Stats: Pet Industry Trends

(David Sprinkle, Packaged Facts Research Director)

“1.5%ofglobalretailsalesinthepetfood,pettreat,andpetsupplementmarketinvolveproductsfortifiedwithEPA/DHAomega-3s.”

Page 20: Sizzling Stats: Pet Industry Trends

From2006to2012,thenumberofdogsintheU.S.increased,whilethenumberofcatsdecreased.

(Packaged Facts, U.S. Pet Market Outlook, 2012-2013)

2006 2012

DOGS74.8

DOGS78.2

CATS88.3 CATS

86.4

In M

illion

s

Page 21: Sizzling Stats: Pet Industry Trends

The recession has not only decreased what consumers spend on their own health, but what they spend at the veterinarian”(SusanSpaulding,PetfoodIndustry.com“NutritionNews”e-letter,March20,2012

Page 22: Sizzling Stats: Pet Industry Trends

Most Popular Pets

(Pet Care Industry Analysis 2013)

Freshwater FishCats

DogsOther Animals

BirdsReptilesHorse

Saltwater Fish

41.7%22.7%

18.9%

3.9%3.6%

3.3%3.2%2.7%

Page 23: Sizzling Stats: Pet Industry Trends

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