Our industry experts in Australia and New Zealand provide analysi...
Our industry experts in Australia and New Zealand provide analysis, specialist knowledge and essential market data unavailable elsewhere, to build the most accurate understanding of current trends and future prospects.
In 2024, pet products in New Zealand is witnessing similar current value growth as the previous year, as local consumers continue to prioritise their pets’ needs despite the high cost of living. However, budgetary constraints are resulting in many…
In 2024, consumers are expected to continue investing in premium pet food due to its greater nutritional value and health benefits compared to economy brands. Despite ongoing economic pressures, there is a strong unwillingness among New Zealand pet…
In New Zealand, demand for other pet food has increased in 2024, thanks to an increase in other pet populations and ownership. The premiumisation trend is furthering this expansion.
In 2024, dog food sales in New Zealand saw single-digit current value growth, primarily driven by the premium dry dog food segment. This trend reflects pet owners’ increasing tendency to treat their pets as important family members. Post-pandemic,…
Cat food in New Zealand continues to register declining volume sales in 2024, but current value growth remains relatively healthy. The deceleration in cat ownership, coupled with financial pressures, has impacted the category. Unit prices have…
Value growth of pet products in Australia remains fairly stable, as consumers continue to prioritise their pets' needs despite the high cost of living. Due to financial constraints, pet owners are visiting veterinary clinics and grooming services…
Pet care in Australia continues to face challenges amid the economic slowdown, but is still demonstrating resilience and growth in both retail volume and current value terms in 2024. Pet care spending is the last category consumers consider reducing,…
Demand for other pet food in Australia is marginally improving following 2023’s volume decline, with the latter driven by local consumers enjoying greater mobility and spending less time at home. Some consumers have also shifted to home-made meals…
Despite low volume growth of dog food in Australia, mainly driven by falling demand for wet dog food, premium dry dog food remains a strong performer in 2024. Notwithstanding financial pressures, consumers continue to prioritise the wellbeing of…
Demand for cat food in Australia remains stable in 2024. On the other hand, value growth is being driven by ongoing unit price increases due to various factors, such as rising transportation costs, and higher expenses associated with canned food…