Pet care market has nearly doubled since 2020 – CBS Philly
MEDFORD, New Jersey (CBS) — Over the past two years, the overall US pet care market has nearly doubled. Pet food, treats and supplies, veterinary services and everything else we buy for our pets are costing more, with the biggest jump occurring in recent months.
Pet food makers have passed on frequent price increases to retailers as their costs soar for everything from meat, fish and chicken ingredients in pet food to their packaging .
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On top of that, there are increasing difficulties and expenses in shipping the products and keeping them in stock.
“Shipping containers have increased more than 200% over the past year and a half,” said Nancy Bleznak, of Medford Pet Supplies. “The price of the bag itself has increased significantly, the empty box has increased significantly, the packaging, the plastic to wrap things, the pallets to ship things, each item has increased significantly.”
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Pet retailers say people are sure to notice price increases and supply shortages for their pet foods and toys.
But just like items at the grocery store, they will keep buying while saving where they can.
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Carol Erickson, animal advocate with the SPCA of Pennsylvania, was absent this week, but will be back next week.