Study Puts Data Together Showing Joe Biden Inflation Impact on Pet Food Products


Posted originally on the conservative tree house on May 16, 2023 | Sundance 

We have talked about the stunning price increases in pet foods during our discussions about food price overall.  However, a remarkable study by Veterinarians Org gives some context to just how much the Joe Biden inflation has driven up the cost of pet foods. [ARTICLE HERE]

Mostly driven by Biden’s created inflation hitting raw farm materials, energy prices, manufacturing and transportation costs, the prices for the most popular wet and dry dog foods have skyrocketed.

One in four pet owners have even contemplated giving their animal up for adoption because they can no longer afford them.   This is terribly sad.

(Veterinarian Org) – […] The largest percentage increase compared to 2020 prices is for a wet dog food product by PEDIGREE, which has increased by 207% compared to its 2020 price.

The largest dollar amount increase compared to 2020 prices is for a dry dog food product by Royal Canin, which is currently $43.99 more expensive per bag than it was in 2020.

In a recent Veterinarians.org survey of 1,000 U.S. pet owners, 50% of respondents indicated having to shop for cheaper alternatives to pet food as a result of rising costs. Pet owners also found themselves shopping for cheaper alternatives to pet treats (41%), pet toys (34%), and pet health supplements (28%).

55% of surveyed pet owners indicated having to cancel pet food subscriptions on Chewy.com, Amazon.com, or through a raw food/pre-cooked meal service as a result of rising costs.

22% of pet owners indicated having applied to special services in their state that help pet owners pay for pet-related costs, while 73% of pet owners felt a food pantry for pets would be helpful to them.

24% of pet owners indicated considering rehoming their pet or surrendering their pet to a shelter as a result of rising pet food/pet supply costs.

According to the American Pet Products Association, Americans spent $50 billion on pet food and snacks in 2021. (read more

[Source]

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