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TRENDSREPORT
PawPower:
PetPurchasingTrends
PETPURCHASING
AbouttheReport
NUMERATOR’SPAWPOWER:PETPURCHASINGTRENDSreportbreaksdownthecontinuedgrowthofthepetindustryinapost-COVIDworldandsharesinspirationonhowbrandsandretailerscanmaintainthatgrowth.
UsingNumerator’sTotalCommercepanelofover150kpanelistsacrossboth
digitalandphysicalcollectionmethods,weanalyzedpurchasingandattitudinalbehaviorsamongthefollowinggroupings:
•PetFood&Treats
•PetSupplies
Allanalyseswasconductedlookingatlatest12monthsending8/31/2024unlessotherwisenoted.
Source:Numerator
Petsaleshavegrownstrongforseveralyearsbutisslowing.NNonertor
PETSALESGROWTHBYSECTOR
ProjectedSales%ChangevsYA|Rolling12MonthsEnding8/31/2024
GroceryHealth&BeautyHouseholdHome&GardenElectronicsPet
25%
20%
15%
11%
12%
10%
10%
5%
8%
0%
-5%
-10%
-15%
2021202220232024
Source:Numerator
Householdscontinuetoenterthepetsector,
butconsumersarebecomingchoicefulinwhattheybuy.
PETSECTORSALESDECOMPOSITION
Latest12MonthsEnding08/31/2024vsYearAgo
+5.0%
ProjectedSales
+1.1pp
HouseholdPenetration
+3.9%
BuyRate
+3.3%+0.6%
PurchaseFrequencySpendperTrip
“From1996-2024,thedogpopulationhassteadilyincreased,from52.9
milliontoanewpeakof89.7million.”
AmericanVeterinaryMedicalAssociation
Drivenbymixoverinflation
July’sCPIforPetProducts:+0.8%1
-2.1%+2.7%
UnitsperTripSpendperUnit
Source:Numerator|1BLSCPI
Fourkeytrendsimpactingthepetsector.
PETSANDPRICETAGS
Petownershipisbecomingmore
challengingasreturn-to-office
mandates,shiftingpriorities,and
risingpetcarecostsstrainbudgets.Brandsandretailersmustpivotto
addressthesepressures,offering
value-drivensolutionsthatresonatewithconstrainedpetparents.
Private-labelpetfoodsandtreatsarethriving,combiningpremiumappeal
withaffordabilitytomeetdemand.
Atthesametime,thepetwellness
sectorisexpanding,highlighting
growingattentiontopets’healthandpreventivecarethatretailersmust
catchupto.
LEARNTHESTORY
WELLNESSUNLEASHED
Petparentsarepamperingtheir
furryfriends,drivinggrowthinhealthandwellnessproducts.Despitecostpressuresinthepetsector,many
ownersprioritizehigh-qualitytoysandwellnessgoodsfortheirpets.
Brandstappingintohumanhealthtrends,likeguthealth,havefoundsuccess,withBoomersleadingthewayandGenZofferingroomforgrowth.Brandscanfindgrowthinbothtraditionalwellnessand
emergingwellnesssuchasmentalhealthandenrichmenttoys.
LEARNTHESTORY
PAWINGTHROUGHTHEAISLES
GeneralretailersarethrivingaspetspecialtystoreslosesharetogiantslikeAmazonandWalmart.Amazonstandsoutbywinningshopperswith
price,convenience,andpromotions.
Specialtypetretailersfacemountingchallengesasmassretailersande-
commercedominate.Tostay
competitive,theymust
refinepromotionalstrategiesandfosterloyaltyamongnewpet
parents.
LEARNTHESTORY
GENZ(OOMIES)
AsGenZstepsintotheirspendingpower,they’rereshapingthepetmarketinuniqueways.While
budget-conscious,thisgenerationcravesexperiences—andnothingdrawstheminquitelikeastore
wheretheirpetscanjointhefun.
FormanyGenZpetowners,urbanlivingandrentinginmulti-unit
complexesmeancatsoftentakecenterstage.Byspeakingtotheirlifestyleandvalues,brandshaveachancetowintheloyaltyofthesenext-genpetparents.
LEARNTHESTORY
Source:Numerator
PAWPOWER:PETPURCHASINGTRENDS
PetsandPriceTags
Whilegrowthcontinues,headwindscanbeexpectedasacycleofownershipisexpectedtohitaslowdown.
l
WashingtonPost,2022Gothamist,2024
Kiplinger,2023
Bloomberg,2023
Source:Numerator
Aweaker2025forpetownershipcouldbeanticipated
especiallyamonglowerincomehouseholds.
SHAREOFPETOWNERSNOTLIKELYTOADOPTANOTHERPET
%ofRespondents
43%
13%
Aremorelikelytoaddapetnowcomparedto
twoyearsago.
Yet…
40%
Arelesslikelytoaddapetnowcomparedtotwoyearsago.
39%
37%
LowIncome(<$40K)MiddleIncome($40K-$125K)HighIncome(>$125K)
Source:Numerator|N=1035
Q.Howlikelyareyoutoaddmorepetstoyourhouseholdcomparedtotwoyearsago?Selectone.
Overallpetcostsfromvetcaretopetsuppliesisdrivingadeclineinaddinganotherpettothehouse.
REASONSFORBEINGLESSLIKELYTOADDANOTHERPETTOHOUSEHOLD
%ofRespondents
CostofpetneedsOtherhouseholdprioritiesUpfrontcostandotherpricefactors
36%
28%28%27%
30%
12%
Costofveterinarycare/prescriptions
Otherpriorities
aheadofpet
ownership
CostofpetToomanypetsat
supplieshome
CostofpetfoodChangeinliving
situation
Source:Numerator|N=1035
Q.Whyareyoulesslikelytoaddpetstoyourhouseholdcomparedtotwoyearsago?Selectallthatapply.
11%
Generalnon-pethouseholdcosts
7%
Costofpetadoption
Whilebasepriceinflationforpetfoodhasslowed,
pricesremainelevated.
PETFOODCONSUMERPRICEINDEX
MonthlyInflation
——%ChgfromLY——CumulativeChange
+23.4%
+15.7%
8/1/198/1/208/1/218/1/228/1/238/1/24
Source:BLS
Withhigherprices,consumersareshiftingbacktoNNonertor
privatelabelforpetfood&treatsbutnotsupplies.
SHAREOFPRIVATELABELINPETSUPPLIES
%ofSpend|Latest12MonthsEnding7/31/2024
SHAREOFPRIVATELABELINPETFOOD&TREATS
%ofSpend|Latest12MonthsEnding7/31/2024
-4.7
+0.5
13.8%13.7%
21.8%
20.5%
13.2%13.3%
19.3%
17.1%
2021202220232024
2021202220232024
Source:Numerator
Althoughprivatelabelpetfoodhasgrown,consumersaretradingdowntolowerabsolutecost.
PRIVATELABELPETFOODANDTREATSHOUSEHOLDPENETRATIONCHANGE(INPERCENTAGEPOINTS)
Latest12MonthsEnding08/31/2024vsYA
06pt
0.8pt
.
0.3pt
WalmartDollarGeneralDollarTree
SPENDPERUNITONPRIVATELABELDOGFOOD&TREATS
BelowaverageAboveaverage
-0.2pt
-0.3pt
-0.3pt
-0.9ptKroger
-1.1pt
PetSmart
Chewy
petco
Amazon
CategoryAverage:$7.85
$5.97
$3.57
$2.25
●$8.58
$6.33
$19.16
$16.75
$9.30
Source:Numerator
However,consumerslikelydon’tperceivethetradedowngivenrecentprivatelabelbranding.
PRIVATELABELPETFOODBRANDCOMPARISON
GOLDENREWARDS
Walmart’sGolden
Rewardsoffersavarietyofdogsnacks,includingjerkytreats,chews,andbiscuits.Itispositionedasanaffordableyet
indulgentoptionforpetownersbyemphasizinghigh-proteincontent
andnaturalingredients.Thebrandisstep-up
fromtheircheaper
VibrantLifelineandhasgrownpenetrationby
0.7pts.
ASHLANDFARMS
FamilyDollar’s
AshlandFarmspet
foodhasgrown0.7pts
HHPand4.5%inannualbuyrate.
AshlandFarms
brandingisexplicitly
“premium”andnaturalandnottiedtoFamilyDollarbranding,givingittheappearanceofanon-privatelabel
product
WALMART
BasedonHouseholdPenetration|Latest12MonthsEnding08/31/2024vsYearAgo
HEARTLANDFARMS
HeartlandFarmshas
grownbothpenetrationandpurchasefrequencyinthelastyear.Ona
brandlevel,Heartland
Farmshasgained$2.3MfromPedigreeAdult.
HeartlandFarms
brandingisnottiedtoDollarGeneraland
advertises“Complete
and“Balanced”nutritionfordogs.
Source:Numerator
Privatelabel’sdeclineinpetsuppliesstemsfromabroadershifttowardspetwellnessthatretailershavenotfocusedon.
%OFPROJECTEDSALESBYPETSUPPLIESMAJORCATEGORIES
Latest12MonthsEnding8/31/2024
BrandedPrivateLabel
29%
25%
20%
16%
11%9%
6%
2%
1%
20%18%
6%4%
6%5%
5%4%
4%
6%
3%
CatSuppliesHealth&PetToysWasteFlea&TickCollars&LeadsPetPetBedsPetGroomingAllOther
%SalesChangeYOY
WellnessManagementContainmentSupplies
+8%
+16%
-1%
+2%
+1%
+9%
-3%
+9%
+10%
-
Source:Numerator
InspirationforPetsandPriceTags.
PREMIUMIZETOGROW
Withpetownersincreasinglyhesitanttoaddanotherpettotheirhouseholdduetotherisingupfrontandongoingcostsofsuppliesandfood,brandsmustfocusondrivinggrowththroughtheir
existingcustomerbase.Expandingthecategorywillrequireidentifyingandcapitalizingonwhitespaceopportunitiesand
emergingtrendsthatencouragepetownerstoinvestmoreintheirpets.
Thiscouldincludepremiumofferingssuchashigher-qualityfoodornewventuresintotheexpandingworldofpetwellness,whichwillbeexploredfurtherinthenextsectionofthereport.
APRIVATELABELDUALITY
Theprivatelabelpetindustryisexperiencingasplittrajectory,
withgrowthinpetfoodandtreatsbutdeclineinpetsupplies.Inthepetfoodandtreatssegment,privatelabelbrandswith
premiumpositioningatbudget-friendlyretailerslikeWalmartanddollarstoresaregainingtraction.Incontrast,privatelabelpet
suppliesarelosingmarketshareasretailersfallinkeepingpace.
Tonavigatethisduality,brandsmustfirstdefendtheirpositioninpetfoodandtreatstosecureshelfspaceandmaintainvisibility.Theyalsohaveanopportunitytocollaboratewithretailersto
revampprivatelabelofferingsinthepetsuppliessegment.
Retailersshouldfocusonrefreshingtheirprivatelabelbrandingtobetteralignwithcurrenttrendswhilemaintainingaffordability.
Enteringthewellnessspacecouldalsoprovideapathwayforretailerstocapturealargershareofthisgrowingmarket.
Source:Numerator
PAWPOWER:PETPURCHASINGTRENDS
WellnessUnleashed
Health&wellnessproductsareexperiencingthefastestgrowthwithinthepetsector.
TOPGROWINGPETCATEGORIESAMONGPETOWNERS
Latest12MonthsEnding08/31/2024vsYearAgo
Category%OfPetOwnersBuyRate
Health&Wellness
+1.8pts
+9.2%
WasteManagement
+0.8pts
-1.5%
CatSupplies
+0.7pts
+5.8%
CatFood&Treats
+0.5ptss
+5.9%
Source:Numerator
TopCategoriesbasedoffgreatest%ofPetOwnerYoYGrowth
AndnearlyallcategoriesareseeingbothnewandexistingNNonertor
customersdrivegrowth.
TOPPETHEALTH&WELLNESSCATEGORIES
12MonthsEnding08/31/2024
12%
10%
UnitsperTripGrowth
PetEarCare
PetDentalCare
8%
6%
VisionCare
4%
Wound
Care(Pet)
CalmingProducts
(Pet)
2%
0%
PetPainRelief
HairballRelief
Allergy&ItchRelief
-2%
-4%
-0.20.00.20.40.60.81.01.21.4
%ShopperGrowth
Source:Numerator
BubbleSize=projectedsalesinthelast12monthsending8/31/2024
Petshoppersaren’tjustfocusedononehealthneed–theyarebuyingacrosstheboardwithdentalcarebeingtheentrypoint.
PETHEALTH&WELLNESSCATEGORIESANDBRANDSPURCHASED
12MonthsEnding08/31/2024
46%
ofPetWellnessshopperspurchasedmorethan1
wellnesscategory.
2.5
AveragenumberofPetWellnessbrandspetownerspurchasedinthelast12months.
1in2
Shopperswhopurchased
justoneHealth&WellnesscategorypurchasedaformofPetDentalCare.
Source:Numerator
Health&WellnessPetalsoincludesDogDentalChewsandCatDentalTreat
Categoriesfocusedonpetskincarearedrivingthegrowth.NNonertor
PROJECTEDSALESCHANGEYEARAGOACROSSCATEGORIES
Latest12MonthsEnding08/31/2024vsYearAgo
24%
17%
16%
15%
38%
35%
28%
26%
Allergy&ItchReliefHairballReliefPetDentalCarePetPainReliefPetEarCareWoundCare(Pet)Behavior(PetH&W)VisionCare
Source:Numerator
Manyfast-growingpetskincareproductsarebeingmarketedwithguthealthinmind–atrendalsofoundinhumanhealth.
TOPGROWINGALLERGY&ITCHRELIEFANDHAIRBALLRELIEFBRANDS
Latest12MonthsEnding08/31/2024vsYearAgo|SelectListofBrands
Learnmoreaboutdigestivehealthinour
HealthTrendsfor2024&2025
article.
Source:Numerator
Petwellnessshoppersaretypicallyolder,high-incomecouples.NNonertor
PETWELLNESSSHOPPER
PetSectorShoppers
%ofPetWellnessShoppersvs.Overall
TopDogAilments
Rural
GenX
33%,109
TopCatAilments
Index
32%,108Index
Allergies25%,114
Weight
Issues
NoChildren
73%,101Index
White/Caucasian
8%,111
74%,111Index
Allergies8%,106
Anxiety/
Stress
16%,115
AdultCouples
22%,120Index
HighIncome($125k+)
31%,109Index
Anxiety/
Stress
7%,106
Arthritis/
HipIssues
13%,113
PetSubscription
9%,147Index
Thepercentageofadultslivingwithoutchildrenhasrisenby19points
since1967.1KnownasDINKs(DualIncome,NoKids),thisgrowinggroup
isalsolikelytoownpets,with72%ofDINKshavingapet.
Source:Numerator|1USCensus
PetWellnessShopperIncludesthosepurchasingDentalDogChewsandDentalCatTreats
Olderpetownersviewtheirpetsasmembersofthefamily.NNunertor
PETHEALTH&WELLNESSIMPORTANCE
%ofRespondents
GenZMillennialsGenXBoomers+
57%
53%
51%
“Weloveanimalsandconsiderthemtobeapartofourfamily.Ourcatsareallrescues.Weaddedeachoneknowingthatweweresavingtheir
lives.Eachcathasbroughtjoyandloveintoourhousehold.“
InTheirOwnWords
43%
39%
30%31%27%
33%
27%
19%
17%
20%
15%
11%
11%
“BecauseIalwaysgrewupwitha
petandIseeapetmorethanjustapet.Iseethemasfamilysothat'sthereasonwhyIhaveacatanda
bird.Havingapetjustmakesmefeelcomplete.“
17%
14%
12%
6%
It'simportantformy
pettohavethebest
nutritionanddiet
MypetshouldeatashealthyasIdo
Standardpetfoodis
goodenoughformy
pet
PetnutritionandPricebeatsingredients
healthisnotaswhenitcomestopetimportantasmyownfoodchoice
Source:Numerator|SurveyfieldedOctober2024N=1,034
Q.Whatstatementsbelowaretruewhenitcomestoyourpet’shealth?Selectallthatapply.
Brandswillneedtodrivemoreoccasionsamongyoungerconsumerstofurthergrowhealth&wellness.
PETWELLNESSSPENDMETRICS
GenZ&Millennialshaveasimilarpricetolerancecomparedtoothergenerations.Brandsshouldtapintotheirvaluestodrivepurchaseoccasionstogrowpurchasing.
Z
Latest12MonthsEnding08/31/2024
AgeGeneration
BuyRate
PurchaseFrequency
SpendPerUnit
GenZ
$69.38
3.5
$14.49
Millennial
$101.70
4.4
$17.06
GenX
$109.47
5.0
$16.01
Boomers+
$101.77
5.0
$14.53
Source:Numerator
Health&WellnessPetalsoincludesDogDentalChewsandCatDentalTreat
Beyondphysicalhealth,consumersareconsideringhowtheytakecareoftheirpet’smentalhealththroughenrichmenttoys.
CONSUMERPERCEPTIONOFMOSTINTERESTINGPETTRENDSBYGENERATION
%ofRespondents|AmongPetOwners
RankingGenZMillennialsGenXBoomers+
1
EnrichmentToys
DentalHygieneProducts
EnrichmentToys
DentalHygieneProducts
2
SustainablePetProducts
EnrichmentToys
DentalHygieneProducts
GroomingDevices
3
GroomingDevices
GroomingDevices
GroomingDevices
SmartFeeders,WaterBowls,andLitterBoxes
Source:Numerator|SurveyfieldedOctober2024N=1,034
Q.Whichofthefollowingpethealthandwellnesstrendsinterestyouthemost?Selectallthatapply.
Aspetwellnessbecomesapriority,brandsshouldlooktospecializeinthesedemandspacestodrivegrowth.
GROWINGPETWELLNESSBRANDS
PetOwnerProjectedSalesIndexedtoYearAgo
GroomingandEnrichment
Groomingkitskeepspetslookingtheirbestwithminimalmess,whiletreat-dispensingtoysengagespetsinactiveplay,helpingprevent
boredom.Bysupportingbothphysicalupkeepandmentalenrichment,theseproductsensurepetsstayhealthy,happy,andentertained.
PetDentalCare
Withavarietyofoptionsdesignedtosuitdifferentpreferences
includingdentalwipes,wateradditives,andpowder.Thesepetdentalproductsprovideconvenient,effective,andgentlewaystosupport
oralhygiene,ensuringyourpet'smouthstaysfresh,clean,andhealthy.
Barkbox
157index
OneisAll
124index
Proden
160index
HICCPet
1533index
PetlabCo.
278index
Source:Numerator
InspirationforWellnessUnleashed.
PRIMETHENEXTGENERATION
Wellnessproductsforpetsmustbetailoredtothedistinctneedsandprioritiesofdifferentgenerations.Youngerpetownersoftenseekcost-effectivesolutionsthatoffervalueformoney,while
oldergenerationsaremoreinclinedtoinvestinpremiumproductsthatpromiseenhancedhealthbenefits.
Tofosterdeeperconnectionswithpetowners,brandsshould
emphasizetheemotionalbondbetweenpeopleandtheirpetsbyshowcasingwellnessproductsthatreflecttheirvaluesandthe
notionofpetsasfamilymembersandextendintootherpet
ailments.Educationisneededamongyoungerconsumersto
showcasethevalueofinvestingintheirpettosavecostsinthefuture.
HUMANIZEPETHEALTH
Consumersarefullyinvestedintheirpets’well-being,from
purchasingsupplementstomanagingdentalandearcare,and
thismovementshowsnosignsofslowing.Someofthefastest-
growingbrandsandcategoriesinitiallyfocusedonskinandcoathealth,butanemergingtrendhighlightstheimportanceofgut
health—closelymirroringconcernsseeninhumanwellness.This
parallelallowspetownerstoempathizewiththeissuestheirpetsface,makingiteasierforbrandstoconnectonadeeperlevel.
Tostaycompetitive,brandsshouldcontinueprioritizinghigh-growthareaswhileexpandingtheirofferingstoaddress
challengesthatresonatewithhumanexperiences,suchasanxietyorjointpain.
Source:Numerator
PAWPOWER:PETPURCHASINGTRENDS
PawingThroughtheAisles
AmazonandWalmarthasbeenthebeneficiaryofshoppershiftswithinpet–growingsharecomparedto2021.
PETSECTORDOLLARSHAREBYRETAILER
Latest12MonthsEnding8/31/2024
2021
2022
2023
2024
22%22%
20%
18%17%17%
15%
14%
13%
9%
8%
7%
6%
6%
5%5%
5%5%5%5%
13%
13%
21%
7%
WalmartAmazonCPetSmartPetcoTractorSupplyCo
Source:Numerator
TraditionalpetretailershavelostinpetfoodandsupplieswhileAmazonandWalmarthaveseengrowthoutpaceanydeclines.
PETDEPARTMENTSALESGROWTHACROSSRETAILERS
Latest12MonthsEnding08/31/2024vsYearAgoPetFood&TreatsGrowthPetSuppliesGrowth
15.0%
11.9%
13.1%
10.0%
5.0%
0.0%
-5.0%
-10.0%
6.3%
4.7%
0.1%
-0.3%-0.3%
-3.7%
-8.6%
-9.9%
WalmartAmazonCPetSmartPetco
Source:Numerator
Amazonhasgrownamongdogandcatproductsandhasbeena
successfulchannelforbrandsinthespaceevenduringPrimeDay.
MOSTPURCHASEDITEMSPRIMEDAY2023
Basedon#ofunits
AMAZONPROJECTEDSALESGROWTHBYSPECIESCATEGORY
Latest12MonthsEnding08/31/2024|RankedbyCategorySize
+19%
+9%
0%
+15%
-3%Bird
Reptiles
-3%Fish
Cat
Dog
Small
Mammal
PartofAmazon’sDogandCatgrowthcomesfromSubscribe&Savedeliveriesforfoodandlitter.WhenshoppersuseSubscribe&Save,Amazonwins+13%moreshareofwallet.
Source:Numerator
Price,convenience,andpromotionsdriveretailerchoiceamongAmazonshoppers.
TOPIMPORTANTFACTORSINCHOOSINGRETAILERFORPETSUPPLIES
%ofAmazonPetShoppers
62%
41%
42%
34%34%
PriceConvenientlocationGooddeals&promotionsFavoritebrandsinstockEasyonlineshopping
Source:Numerator|N=1,035
Q.Whatfactorsarethemostimportantinchoosingaretailerwhenshoppingforyourpet?
Assortmentandtradepromotionsareareasoffocus
forpetretailerstogrow.
Whatcouldatraditionalpetretailerdotoencourageyoutoshoptheremore?
“Havebetterselectionandprices.It’ssad,butAmazonhasamuchbetterselection.”
“CarrytheitemsIuseformycatordogs.Theyhavealotofthebignamebrands
thataren’tactuallythathealthy.“
“…encouragemetoshoptheremorebyimprovingtheirrewardsprograms.Iwantmypettoreceiveatoyortreatonherbirthday.”
“Morepromotionsindifferentvarieties.Grooming,items
bought…Savingsmeanalottopeoplenowwithinflation!Ialsolovethatyoucantakeyourdoginstore!“
Source:Numerator|N=1,035|TraditionalpetretailerdefinedtorespondentsasPetSmart,PetCoorPetSuppliesPlus
Traditionalpetstoreswillneedtoreassesspromotionalstrategyasmass,dollar,andAmazonhavetakenupshareofvoice.
NUMBEROFADBLOCKSCHANGEYEAROVERYEAR
Latest12MonthsEnding8/31/2024|ShowingPetBanners,AmazonandKeyChannels
158%
127%
21%
22%
13%
13%
-9%-11%
-35%
DollarMassCAPetSuppliesPlusSupermarketsPetcoClubPetsmart
Source:Numerator
Additionally,specialtybrick&mortarretailersNNunertor
struggleinretaininghouseholds.
PETSECTORREPEATRATEACROSSRETAILERS
Latest12MonthsEnding08/31/2024vsYearAgo
80.1%
80.8%
77.7%
57.5%
58.9%
51.9%
WalmartAmazonCPetSmartPetcoTractorSupplyCo
Source:Numerator
Drivingconsecutiverepeatfornewpetshoppersisimportantastraditionalpetretailerslag.
IMMEDIATELOYALTYTORETAILERAFTERFIRSTPETSHOPPINGTRIP
Latest6MonthsEnding4/30/2024|PostPeriod26WeeksAfterAnalysisPeriod
17.0%
18.2%
10.0%
PetChannelWalmartAmazon
Source:Numerator|Readas:18%ofNewWalmartPetShoppersshoppedatWalmartintheirnextimmediatepetshoppingtrip.
InspirationforPawingThroughtheAisles.
RETAINTOSTAYASHORE
Anotherthreattotraditionalpetretailisthatnewshoppersviewthesestoresasaone-timevisitinsteadofarepeatable
destination.WalmartandAmazonarenearlytwotimesmore
likelytohavenewshoppersvisitthemintheirnextimmediatepettripcomparedtotheentirepetchannel.
Forretailers,thismeansbreakingdownwhothenew-to-store
shopper(suchasGenZ)isandbuildingoutanurturingcampaigntodriverepeattrips.Forbrands,itmeanshelpingtheseretailersoutbyofferingbrandexclusivestohelpstemleakage.
PROMOTETOSTAYAFLOAT
TraditionalpetretailisfacingawatershedmomentasconsumersaremovingawayfromthesestoresandgoingbacktoWalmart
andAmazon.ForWalmart,welearnedinourPets&PriceTagsectionthatprivatelabelwasagrowingsuccesswhileAmazonshoppersseekforthelowestpriceanddeals.
Withpricesatanalltimehigh,reducingtradepromotionscan
causeheadwindsastraditionalpetretailershaveshown.Retailerswillneedtoreassesswhatpromotionstheyofferanddetermine
whichtypesofpromotionsdrivethebiggestchangeindrivingincrementalshoppersgoingforward.
Source:Numerator
PAWPOWER:PETPURCHASINGTRENDS
GENERATIONZ(OOMIES)
AsGenZagesandcontinuestogrowtheirspending,theywillrepresentalargershareoftotalpetspending.
PETBUYRATEGROWTHBYGENERATION
%ChangevsYA|Latest12MonthsEnding8/31/2024
11%
9%9%
4%
GenZMillennialGenXBoomers+
Source:Numerator
AlthoughGenZseeksgooddeals,theyheavilyappreciatehavingthein-storeexperience.
FACTORSTHATAREMOSTIMPORTANTWHENSELECTINGARETAILERTOSHOPFORPET
%ofRespondents
GenZAllShoppers
56%
47%
43%
37%39%
30%31%30%
27%
20%
15%
13%
9%
6%
13%13%
20%
37%
27%
29%
26%
13%
13%
7%
PriceGooddeals
Located
Myfavorite
Mypetis
Selection
Partofmy
Icanbuy
Easyonline
Pet
Petservices
Convenient
or
closeto
brandisin
welcomed
across
regular
otheritems
shopping
Pharmacy
onsite
subscription
promotions
home
stock
species
shoppingroutine
atthesamestore
options
deliveryoptions
Source:Numerator|SurveyfieldedOctober2024N=1,034
Q.Nowwearegoingtoaskyouafewquestionsaboutyourretailerchoiceforpetsupplies.Whatfactorsarethemostimportantinchoosingaretailerwhenshoppingforyourpet?Selectallthatapply.
Havinganin-storeexperiencewherepetscanjoininhasmadeGenZmorelikelytoshopatdecliningtraditionalpetshops.
%OFGENZPETSPENDINDEXEDTOALLSHOPPERS
Latest12MonthsEnding8/31/2024
PetChannelOnlineChannelAllOtherChannel
187
106
103
99
94
100
88
79
76
155152
TargetPetcoPetSmartAmazonKrogerCostcoWalmartTractorSupplyCDollarGeneral
Co
Source:Numerator
Tiki
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