News from packaged facts A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

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Jan 16, 2019, 11:11 ET Global Pet Food Market: South America and Asia Trending in 2019, reports Packaged Facts

The U.S. is by far the largest pet food market in the world, but recent trends indicate that the center of pet food industry growth is shifting away...


Jan 16, 2019, 10:42 ET Packaged Facts' David Sprinkle to Present at State of the Veterinary Profession

David Sprinkle, Packaged Facts' Research Director, will present at VMX's State of the Veterinary Profession on January 22. Today's Veterinary...


Jan 14, 2019, 13:24 ET Government Shutdown Sheds Light on Gig Economy

The Gig Economy is getting a spike from federal employees who are financially ambushed by the government shutdown. Due to the shutdown, roughly...


Jan 14, 2019, 10:03 ET Multicultural Consumers Struggle with Debt and Financial Confidence, reports Packaged Facts

More than a decade has passed since the start of the Great Recession, when excessive debt played a major role in the economic downturn. Yet today,...


Jan 09, 2019, 09:51 ET Pet Food: 3 Key Trends for 2019, according to Packaged Facts

The U.S. retail market for dog and cat food ended 2018 with sales of $27 billion, up more than 4% compared to 2017, according to market research firm ...


Jan 02, 2019, 10:10 ET Chewing Gum Sales Reach $4 Billion, reports Packaged Facts

Market research firm Packaged Facts estimates that chewing gum sales comprise 11% of the total U.S. retail candy market, which also includes...


Dec 20, 2018, 13:38 ET Packaged Facts Publishes Companion Financial Services Reports on African American and Hispanic Consumers

Total U.S. household wealth in 2019 will reach $96 trillion, up 49% since 2010, according to market research firm Packaged Facts. Key to this...


Dec 20, 2018, 12:37 ET Walmart Dominates With Unmatched Omni-Channel Grocery Momentum, according to Packaged Facts

Walmart is the in-store grocery leader. Some 27% of in-store grocery purchasers say Walmart is the in-store retailer they get groceries from most,...


Dec 18, 2018, 11:09 ET Pet Marketers Must Appeal to the Special Way Gen Z and Millennials Bond With Their Dogs and Cats, reports Packaged Facts

The future of the pet industry in America lies in the hands of Millennial and Gen Z pet owners. Market research firm Packaged Facts estimates that...


Dec 10, 2018, 08:47 ET Survival of the Kittest: Why Acquisitions are Key to Meal Kit Longevity, According to Packaged Facts

Meal kits as a product have massive potential and will see increasing demand, according to market research firm Packaged Facts in the report Meal...


Dec 05, 2018, 11:10 ET Looking Ahead to 2019, Dairy Inspires New Culinary Trends, reports Packaged Facts

Milk, butter, cheese … what else is there to do with these kitchen standards? Plenty it turns out, as market research firm concludes in the new...


Nov 28, 2018, 13:16 ET Packaged Facts: Meal Kit Providers Pivot Focus, Expand Services in $3 Billion Market

When meal kit delivery services first emerged in Sweden back in 2007, the premise seemed simple enough: offer busy customers the chance to save a lot ...


Nov 19, 2018, 16:07 ET Aging Cats and Dogs Drive Market for Functional Pet Foods

At times overlapping with natural but still mostly in a class of its own is functional pet food designed for preventive healthcare or to address...


Nov 16, 2018, 11:25 ET Holiday Shoppers More Likely to Give Food Gifts During Christmas, Hanukkah, and Kwanzaa

It's beginning to look a lot like food gifting season. Market research firm Packaged Facts estimates 54% of those who purchased food gifts for...


Nov 15, 2018, 13:05 ET America's Taste for Turkey Goes Beyond Thanksgiving

Thanksgiving means turkey time for millions of Americans. The vast majority (88%) of Americans surveyed by the National Turkey Federation eat turkey...


Nov 13, 2018, 11:27 ET 3 Pet Insurance Companies to Watch in Billion Dollar Market, according to Packaged Facts

Given the size of the U.S. pet population, market penetration for pet insurance in the U.S. remains comparatively low. This is particularly true when ...


Nov 08, 2018, 11:20 ET Non-Chocolate Candy Sales Reach $11 Billion

Market research firm Packaged Facts estimates total retail dollar sales of the U.S. non-chocolate candy market will reach $11 billion in 2018, with...


Nov 07, 2018, 08:49 ET From Self-Cleaning Litter Boxes to Dog Collars with WiFi, Durable Pet Products Keep Getting Smarter

Convenience is the word in the durable pet products market, with high-tech features and automation allowing pet owners to connect with their pets...


Nov 05, 2018, 09:07 ET The Prepaid Card Evolution Appeals to Millennials, Small Businesses, and the Self-Employed

These days, general-purpose reloadable prepaid cards are better served by the phrase "prepaid account," which helps underscore their evolution from...


Oct 29, 2018, 08:08 ET Premium Candy Sweetens U.S. Chocolate Market as Sales Reach $23 Billion

Leading market research firm Packaged Facts estimates total retail dollar sales of the U.S. chocolate candy market will reach $23 billion in 2018,...


Oct 22, 2018, 11:08 ET Packaged Facts' David Sprinkle to Present at AVMA Annual Economic Summit

David Sprinkle, Packaged Facts' Research Director, will present at the AVMA Annual Economic Summit on October 23. Sprinkle's presentation, Veterinary ...


Oct 16, 2018, 09:13 ET Online Grocery Sales Will Quadruple by 2023, reports Packaged Facts

Online sales of groceries more than tripled between 2013 and 2018, according to market research firm Packaged Facts in the brand new report Online...


Oct 11, 2018, 07:44 ET Yogurt Market Disruptor: Dairy-Free Alternatives as the New Greek

Traditional plain yogurt is a thing of the past for many consumers, and most yogurt eaters want something that hits more notes, according to market...


Oct 09, 2018, 08:47 ET "Smart" Tech Products for Pets Reach $400 Million in Sales, reports Packaged Facts

There's little debate that the pet humanization trend and the rise of pet parenting have created new dynamics and growth opportunities in the U.S....


Oct 04, 2018, 12:47 ET Walmart's Strategy Expands Core Customer Base in Competition with Amazon, Reports Packaged Facts

Among many of today's consumers, retailer loyalty extends only as far as conveniently and cost-effectively getting the best price on the product they ...