MarketResearch.com’s trusted analysis manufacturers Packaged Information and The Freedonia Group had been just lately featured in quite a lot of media shops together with The New York Occasions, Analysis World, Retail Dive, and plenty of different commerce publications.
See a fast abstract of current market information that acquired information protection.
The New York Occasions: The Cutthroat World of $10 Ice Cream
Fueled by pandemic developments of “at-home consolation” and “anytime consuming,” the $7 billion business grew 17 %, after roughly 2.4 % annual development over the earlier decade, stated Jennifer Mapes-Christ of the market analysis agency Packaged Information.
Analysis World: Pandemic Traits within the USA That Will Roil Subsequent Yr’s Market
On this article, MarketResearch.com Founder and CEO Robert Granader discusses which client behaviors had been completely modified by COVID-19 and the way key business sectors are evolving.
Retail Dive: Petco Gross sales Up 19% as Class Demand Stays Excessive
The heightened demand was additional helped by the truth that the variety of U.S. households with pets was projected to develop 4% final yr, based on information from Packaged Information.
New Hope Community: Balanced Well being Botanicals Publication
Pet complement gross sales skyrocketed by 21% in 2020 to achieve almost $800 million, based on Packaged Information.
Woodworking Community: DIY Closet and Dwelling Group Tasks Noticed Enhance Throughout Pandemic
In line with The Freedonia Group, residence group merchandise and modular models noticed a lift in the course of the pandemic as DIY tasks elevated.
Progressive Grocer: Goal Heats Up Scorching Pet Class with New Retailer Model
In its 2020 report, Packaged Information pegged the U.S. pet meals business as a $30 billion business, rising by 5% every year over the subsequent 4.
Pet Meals Processing: Extra Than 50% of US Canine and Cat Inhabitants at Least 7 Years Outdated
Pet possession in america is up roughly 2.4% to 56.4% of all US households, based on market analysis agency Packaged Information.
American Veterinary Medical Affiliation: Are We in a Veterinary Workforce Disaster?
In line with early 2020 Packaged Information information, from earlier than COVID-19 restrictions, most canines had been acquired from a shelter or welfare group (32% of respondents), adopted carefully by acquiring canines from a member of the family or buddy (31%) after which from a breeder (19%).
Recent Fruit Portal: Berries and Apples Stay Finest Alternatives for Recent Fruit Packaging Suppliers – Report
Apples and berries will stay the perfect alternatives for contemporary fruit packaging suppliers via 2024, based on a brand new report by the Freedonia Group.
PerishableNews.com: Versatile Packaging for Meat, Poultry, & Seafood Continues to Develop Market Share
A brand new Freedonia Group evaluation finds that versatile packaging will proceed to develop its share of the frozen meat, poultry, and seafood (MPS) market because of the heightened recognition of pouches and the continued use of luggage and wraps.
Pet Product Information: Senior Pet Inhabitants on the Rise
Pet adoption and pet acquisition developments in 2021 have remained constructive—if not as supercharged as within the near-term wake of COVID-19, based on David Sprinkle, analysis director for market analysis agency Packaged Information.
Kitchen & Tub Design Information: Dwelling Workplace Progress Seen Mountaineering Gross sales of Group Merchandise
In line with the Cleveland, OH-based industrial analysis agency Fredonia Group, gross sales of residence group merchandise are forecast to develop 2.1% per yr from an “elevated” 2020 stage via 2025, reaching a complete of $13.5 billion.
Patch.com: Pasco Providing Assist to Residents with Unfinished Olympus Swimming pools
Freedonia, an business market analysis agency that gives insights on how main occasions are impacting totally different elements of the U.S. and international economies, confirms Staten’s claims a couple of scarcity of constructing supplies, particularly concrete, a serious part of swimming swimming pools.
Pallet Enterprise: Block Pallets 2021 Half 1: Market Overview
In line with Freedonia, the Asia Pacific area handed North America to turn out to be the world’s largest regional pallet market in 2019 and is anticipated to account for 40% of worldwide pallet output in 2024.
American Veterinary Medical Affiliation: Extra Pet House owners Are Purchasing On-line
The proportion of pet merchandise bought on-line in america greater than tripled over the previous 5 years, from 8% in 2015 to 30% in 2020. For individuals shopping for pet merchandise on-line, the leaders are Amazon (59%) and Chewy (41%), based on client market researcher Packaged Information.
Vet Sweet: One Yr Later: 5 Methods Our Occupation Has Modified For the reason that Onset of the COVID Pandemic
Millennials—who’ve reached ages between 25 and 39 years outdated within the final decade—have acquired particular consideration due to their excessive price of pet possession and so they represent 27% of all pet homeowners based on Packaged Information.
Pet Meals Processing: Canine Possession Traits Posing Alternatives for Pet Meals, Deal with Makers
Presently in america, Packaged Information estimates roughly 54% of the inhabitants owns at the least one pet. Amongst these households, 44% personal at the least one canine.
Label & Slender Net: Avery Dennison Specializing in Healthcare and Pharmaceutical Labeling Traits
In line with a 2019 report by The Freedonia Group, demand for pharmaceutical packaging merchandise in North America is projected to rise 5% yearly via 2023.
