- by Daniel Granderson
- August 8 2019
- pet medications
- pet meds
- pet products
- pet retail
- Petco
- veterinarians
- veterinary
Walmart, Petco, and Chewy Invest in $9 Billion U.S. Pet Medication Market
The pet medications future looks bright. With sales reaching $9 billion in 2018, up 8.5%, the market is expected to surpass overall pet market growth for the foreseeable future, spurred by a continued intensive focus on pet wellness, ongoing advances in veterinary medicine, and online and brick-and-mortar expansion of pet medication and veterinary service availability and options.
- by Daniel Granderson
- November 13 2018
- cats
- dogs
- pet
- pet care
- pet insurance
- veterinarians
- veterinary
Three Newest Pet Insurance Companies Stake Their Claim
Given the size of the U.S. pet population, market penetration for pet insurance in the U.S. is still comparatively low. This is particularly true when compared to some Western European countries, like the U.K. and Sweden, and indicates the significant potential for market gains in the U.S.
- by Daniel Granderson
- June 11 2018
- cats
- dogs
- pet
- pet health
- veterinarians
- veterinary
- Walmart
Retail Stores Take on Vets
What happens when Walmart opens up permanent veterinary clinics in its stores?
- by Daniel Granderson
- March 1 2018
- cats
- dogs
- ecommerce
- online purchases
- online retail
- pet
- pet medications
- pet meds
- veterinarians
- veterinary
E-commerce Accounts for 12% of U.S. Pet Medications Market Sales
E-commerce is a steadily growing channel for pet medications, representing about 12% of the $9 billion American pet medications industry.
- by Daniel Granderson
- January 12 2017
- candy
- cat food
- cats
- chocolate
- dog food
- dogs
- pet
- pet care
- pet food
- pet health
- pet industry
- pet market
- pet market research
- pet products
- pet retail
- pet trends
- Petco
- PetSmart
- veterinarians
- veterinary
Mars Inc.'s Acquisition of VCA: More Fidos, Fewer Sugars
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The VCA deal gives Mars further latitude for growth beyond the mass-market product arena. That’s especially important because it’s not just kibble sales that have flattened in the mass market; the same is true for candy. Even in the case of Mars, with its globally iconic portfolio of chocolate and non-chocolate (sugar) candy brands, confectionery manufacturers face considerable challenges to growth.
- by dgranderson@marketresearch.com
- July 29 2015
- pets
- pet market
- pet medications
- pet meds
- veterinary
- veterinarians
- pet health
Analyst George Puro talks pet medications on Bloomberg Radio’s Market Minute
Full coverage of this important pet industry segment can be found in our reports Pet Medications in the U.S.: Over-the-Counter and Prescription Remedies as Consumer Products, 3rd Edition and U.S. Pet Market Outlook, 2015-2016. Purchase either report-or both-and receive a 5% discount through September using promo code PFPETS2015.
Sales of pet medications are concentrated in the veterinary channel, which accounts for nearly 60% of the market by Packaged Facts estimates. For some types of prescri...
- by dgranderson@marketresearch.com
- February 17 2014
- pets
- pet medications
- veterinary
- pet health
Now fleas and ticks do a little ’dance of death’
Ever since Merial’s flea and tick blockbuster Frontline went off patent four years ago, the flea and tick category has been in a state of intense competition. Several other fipronil-based products have made a splash, gnawing away at Frontline’s market share. While Merial has managed to force the withdrawal of some formulations, citing infringement on patents the company still holds, others have made inroads, including products from Sergeant’s (FiproGuard and Pronyl), Novartis (Parastar and EasyS...
- by dgranderson@marketresearch.com
- November 27 2013
- pets
- pet insurance
- pet health
- pet parenting
- veterinary
Veterinary insurance in America: Marketing to a nation of pet parents
1. “Ah, the little things our pets do. And somehow we still love them.”
2. “Oh, no, he didn’t. Oh, yes, he did.”
3. “Toy ingestion $3,000.”
We can’t get enough of the adorable things our pets do. But sometimes those cute things can be costly.
More and more pet owners are turning to pet insurance to help cover the rising costs of pet health care. Still, pet insurance penetration levels remain low in North America, particularly compared to European countries such as the U.K. and Sweden, wh...
