Pets Are Big Business According to New Acosta Report

Research finds one in five pet owners have changed buying behaviors for convenienceJACKSONVILLE, Fla., May 5, 2020 /PRNewswire/ — More than three quarters of Americans own a pet and they continue to spend more on them each year. Pets Are Big Business, a new report from Acosta, a leading full-service sales and marketing agency in the consumer packaged goods industry, explores the booming pet care industry and highlights consumer shopping habits for caring for these furry friends.Pets Are Big Business, a new report from Acosta, explores the booming pet care industry and highlights consumer shopping habits for caring for these furry friends.”Pet care is a rapidly growing $75 billion industry, with pet food sales up more than six percent versus last year,” said Colin Stewart, Executive Vice President, Business Intelligence at Acosta. “With this growth, we’re seeing spending behaviors shift to reflect more hassle-free buying options and more interest in healthy options for their pets that include real, natural ingredients. As pet ownership continues to soar, retailers
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