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More pets means more pet products

Retailers look for their piece of the $100 billion market

Holly Petre, Assistant Digital Editor

October 29, 2021

5 Slides
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During the pandemic, there was a boom in pet adoptions that led to an increase in pet products and a new look at the products being offered for pets. Pets were already being looked at as members of the family but after spending 24/7 with their pets, pet owners have caused sales of pet food and products to balloon.

Overall retail pet sales increased 6.7% in 2020, to $103 billion, surpassing $100 billion for the first time, according to the American Pet Products Association’s State of the Industry Report. Sales of pet supplies in the grocery channel increased 12.4% in that time, according to IRI, to about $1 billion, and sales of pet treats were up 10.4%, to $1.4 billion.

About the Author

Holly Petre

Assistant Digital Editor

Holly Petre is a content producer and assistant digital editor as well as the host of Nation’s Restaurant News’ podcast, Extra Serving, and producer for Informa Restaurant and Food Groups other three podcasts, One On One by Food Management, Off the Shelf with SN and In the Kitchen with Bret Thorn. Holly holds a Bachelor of Fine Arts with a concentration in Sculpture, fibers and Material Studies and Ceramics from the School of the Art Institute of Chicago. A native New Yorker, Holly enjoys her place on staff as the resident pop-culture expert and millennial with a sassy attitude and great sense of style.

Holly Petre’s work on Nation’s Restaurant News and Restaurant Hospitality often covers marketing and trends, either aimed-at or examined-through the millennial mindset. Holly is responsible for introducing TikTok and Twitch to NRN and RH readers as well as explaining terms like “Karen” to staff and readers alike. She also spends her time on staff trying not to make every headline a pun.

Holly Petre hasn’t spoken at any events or on panels, but she is readily available with a killer shoe wardrobe and several witty quips.

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