The company’s pet segment saw continued growth in net sales, household penetration and market share in the fourth quarter and throughout its fiscal year 2020.
The e-commerce affiliate is utilizing its brand and distributor partners to fine-tune online shopping capabilities for independent brick-and-mortar pet stores.
Although pet services are still expected to decline, Packaged Facts expects non-food pet product sales to grow 8% to $59 billion by the end of the year.