NielsenIQ shared key pet industry retail trends and how they impacted pet food and treat purchases in 2020. 

Among these trends was e-commerce and the idea of using the internet not only to purchase products, but also as a tool for learning about, comparing and reviewing pet products.

The 2021 virtual trade show experience will feature a robust lineup of educational sessions for manufacturers, retailers and distributors through its Global Learning Series.

The company’s second product is formulated to support mobility, heart health, reduce hip and joint pain, and maintain bone strength.

The financial institute considers pandemic-era pet purchasing and ownership trends as major tailwinds to drive the industry forward over the next 10 years.

The company reported decreased segment profit and increased net sales for the business, which remains its most profitable segment.

The company reported a nearly 30% increase in net sales for the full year 2020 and an annual net loss of $3.2 million.