ROCKVILLE, Md. — U.S. retail sales of pet products reached an estimated $55 billion in 2019, up 5% over 2018, reports market research firm Packaged Facts in the newly published study U.S. Pet Market Focus: Mass Market Channel Shoppers. Growth has derived from two relatively unsurprising sources—the Internet and pet specialty stores. Online purchases top the
ROCKVILLE, Md. — The U.S. beverage industry is awash in recent product introductions featuring alternative ingredients, natural or organic positioning, and free-from labeling all marketed to fit the lifestyles of modern consumers. These trends are as important in the kids beverage segment as they are in products marketed to adults, according to U.S. Beverage Market
ROCKVILLE, Md. — It’s beginning to look a lot like food gifting season. Market research firm Packaged Facts estimates 54% of those who purchased food gifts for others in the last 12 months have done so for the winter holidays of Christmas, Hanukkah, and Kwanzaa. Likewise, 29% of those who have purchased food gifts for themselves
ROCKVILLE, Md. — Leading market research firm Packaged Facts estimates total retail dollar sales of the U.S. chocolate candy market will reach $23 billion in 2018, with sales increasing at a compound annual growth rate (CAGR) of more than 2% between 2013 and 2018. The market estimates are featured in the recently published report Chocolate Candy:
ROCKVILLE, Md. — Among many of today’s consumers, retailer loyalty extends only as far as conveniently and cost-effectively getting the best price on the product they want. The retailer that meets that need wins the sale. Based on this logic, it’s no wonder Walmart continues to essentially go toe-to-toe with retail juggernaut Amazon. Analysis featured in
ROCKVILLE, Md. — Of 67 million pet-owning households in the U.S., two-thirds do any type of shopping at Walmart or Sam’s Club, with Walmart alone claiming 43 million pet-owning households in its customer base, according to data published in U.S. Pet Market Focus: Walmart as Competitor, the third report in a four-part series on Walmart Inc.
Amazon’s closing of the Whole Foods Market acquisition this week is sure to add to brick-and-mortar retailers’ anxiety about the e-tailing giant’s ongoing march into traditional retail channels. Speculation about a potential move by Amazon into the pharmacy space has disquieted drug chains and other retail pharmacy players. But the online retailer’s grocery market entry