#Pet Market Research Reports
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Exploring New Directions in the Pet Care Sector
Introduction
The Pet Care Market is in a constant state of flux, with ongoing trends and innovations reshaping its landscape. In this article, we delve into some of the emerging trends in the pet care market and their impact on industry participants.
Tailored Nutrition
A notable trend in the Pet Care Market is the move towards personalized nutrition. Pet owners are increasingly seeking tailored diet plans and nutritional solutions to meet the specific needs of their pets. Responding to this demand, companies are offering customized pet food formulas and supplements designed to address various health concerns and dietary preferences.
E-commerce Expansion
The surge in e-commerce has transformed the way pet care products are purchased and sold. Online platforms provide convenience and accessibility, enabling pet owners to explore a wide array of products and make purchases from the comfort of their homes. This shift has led to the proliferation of online pet stores and the adoption of subscription-based models for pet food and supplies.
Emphasis on Sustainability
Sustainability has emerged as a significant focus area for both pet care companies and consumers. With increasing worries about environmental conservation and climate change, pet owners are seeking eco-friendly and sustainable pet care products. In response, companies are integrating recycled materials, minimizing packaging waste, and embracing sustainable manufacturing practices.
Technology-Driven Solutions
Technological advancements are fueling innovation in the pet care market. From wearable devices and smart collars to pet monitoring apps and telemedicine services, technology is revolutionizing how pet owners interact with their pets and manage their health and well-being. These tech-driven solutions offer convenience, efficiency, and peace of mind to pet owners, driving their adoption and integration into daily pet care routines.
Growing CBD Market
Another noteworthy trend in the pet care market is the increasing popularity of CBD products for pets. CBD, or cannabidiol, is a non-psychoactive compound derived from the cannabis plant, believed to offer various health benefits for pets, including pain relief, anxiety reduction, and improved mobility. As more research is conducted on the potential benefits of CBD for pets, the market for CBD pet products is expected to expand significantly.
Conclusion
The Pet Care Industry is undergoing rapid evolution, spurred by shifting consumer preferences, technological breakthroughs, and heightened awareness of pet health and wellness. By staying attuned to emerging trends and embracing innovation, companies can position themselves for success in this dynamic and competitive industry.
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Navigating the Pet Market Exploring the Market Trends, Growth, and Outlook
In the Pet Care industry, it is crucial to understand the Pet Market for pet owners, businesses, and enthusiasts alike. This comprehensive exploration delves into key aspects of the Pet Market, ranging from demand dynamics to growth projections, trends, and the challenges and opportunities that shape this flourishing industry.
Exploring Pet Market Research Reports: A Wealth of Insights
The Pet Market Research Reports serve as beacons of information, offering a comprehensive understanding of the industry's landscape. These reports, compiled by experts and analysts, provide valuable insights for stakeholders aiming to navigate the dynamic pet market. Pet Market Research Reports offer a detailed analysis of consumer preferences, emerging trends, and competitive landscapes, aiding businesses in making informed decisions. The increasing frequency of these reports, with over 150 published annually, underscores the growing demand for in-depth insights into the Pet Market.
Unraveling Pet Market Demand: Understanding Consumer Preferences
The heartbeat of the Pet Market lies in understanding what consumers seek for their furry companions. Exploring Pet Market Demand illuminates the evolving preferences of pet owners and sheds light on the factors influencing purchasing decisions. Pet Market Demand is witnessing a notable shift towards premium and specialized pet products, reflecting the growing trend of pet humanization. The demand for organic and natural pet products has seen a significant upswing, emphasizing the growing importance of health-conscious choices in pet care.
Forecasting Pet Market Trends: Peering into the Future
Anticipating trends is essential in a market as dynamic as pet care. Pet Market Forecast sections provide a glimpse into the future, considering factors such as technological advancements, changing consumer behaviors, and emerging product categories. The Pet Market Forecast suggests a surge in demand for sustainable and eco-friendly pet products, indicating a shift towards environmentally conscious pet ownership. Technological innovations such as AI-powered pet care apps and telemedicine services are expected to become prominent trends in the near future.
Pet Market Growth: Nurturing a Flourishing Industry
The continuous growth of the Pet Market is a testament to the unwavering love and care bestowed upon pets. Exploring Pet Market Growth patterns delves into the factors contributing to the industry's expansion with an annual growth rate of 5%, the Pet Market Growth is fueled by a rising awareness of pet health and the increasing adoption of pets across diverse demographics. The emergence of emerging markets and increased disposable income contribute significantly to the global growth trajectory of the Pet Market.
Outlook on Pet Market Opportunities: Navigating Possibilities
Amidst challenges, opportunities abound in the Pet Market. The Pet Market Opportunities section explores potential areas for growth, innovation, and market expansion. Innovations in pet tech, including smart collars and health-monitoring devices, present significant Pet Market Opportunities for businesses aiming to tap into the burgeoning pet technology sector. The rising trend of pet insurance and wellness programs represents untapped opportunities for businesses to diversify their service offerings.
Harvesting Pet Market Revenue: Understanding Financial Dynamics
For businesses, comprehending the financial aspects of the Pet Market is crucial. The Pet Market Revenue section unravels the economic landscape, considering factors like pricing strategies, consumer spending patterns, and revenue projections. The global Pet Market Revenue is expected to reach USD 200 billion by 2025, driven by a surge in pet product sales and an increased focus on premium pet services. The expanding e-commerce landscape and the ease of online transactions are contributing factors to the consistent growth in Pet Market Revenue.
Trends Painting Pet Market: Unveiling Consumer Preferences
The pet market is not immune to trends that shape consumer behaviors. Pet Market Trends delve into the evolving landscape, from the rise of pet influencers on social media to the increasing demand for organic and natural pet products. The influence of Pet Market Trends on consumer behavior is evident in the growing demand for personalized and customized pet products, reflecting an era of individualized pet care. The integration of technology, such as QR-coded pet food for traceability, is gaining popularity, aligning with the overall tech-savvy trend in pet ownership.
Challenges in Pet Market: Navigating Obstacles
Every industry has its hurdles, and the Pet Market is no exception. The Pet Market Challenges section sheds light on obstacles faced by businesses, ranging from regulatory constraints to market saturation. Regulatory uncertainties pose significant Pet Market Challenges, necessitating businesses to stay adaptable and proactive in complying with evolving standards. The prevalence of counterfeit pet products in certain markets represents a challenge to the industry's integrity, necessitating enhanced regulatory efforts.
Conclusion: Embracing the Pet Market Dynamics
The Pet Market is a vibrant and ever-evolving landscape shaped by the love and care bestowed upon our beloved pets. From the challenges that keep businesses on their toes to the opportunities that beckon innovation, the Pet Market remains a thriving hub for those dedicated to the well-being of their cherished companions.
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#Global Pet Grooming Products Market#Global Pet Grooming Products Market Size#Global Pet Grooming Products Market Share#Global Pet Grooming Products Market Growth#Market News#Market Updates#Market Research Reports
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https://www.onfeetnation.com/profiles/blogs/pet-insurance-market-size-overview-share-and-forecast-2031
Pet Insurance Market Size, Overview, Share and Forecast 2031
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Pet Food Market | A Sustainable Shift in Natural Nutrition
Research from Mars Petcare reveals that around 57% of pet owners in the UK are open to switching to plant-based pet food. Thus, opportunities thrive for functional ingredients like proteins, vitamins, and prebiotics as health-benefiting premium foods. Emphasizing this uptrend, the Global Pet Food Market, analyzed by Triton Market Research, is forecasted to grow at a CAGR of 8.12% during the period 2024-2032.
Additionally, localized production facilities help counter sizable logistics costs and import barriers, given the emerging market demand. With global pet numbers set for a definite rise, the demand for pet food is inevitable. Hence, the market is witnessing a significant shift towards sustainability to reduce the environmental impact by avoiding animal-based pet food.
Pet Food Market: Environmental Concerns Lead to Insect Protein Adoption
While meeting advanced nutritional requirements, pet food also needs to reduce its environmental footprint for future sustainability. Various studies estimate that pet food products derived from conventional meat sources generate higher greenhouse gas emissions compared to alternate proteins.
As per the USDA study on pet food emissions, beef protein in dog food is associated with almost 50 times more production emissions than plant-based protein sources. Specifically looking at methane and CO2 emissions per kg of usable protein, beef clocks in at over 50 CO2-equivalent kg, poultry around 9 kg, whereas plant proteins like peas and corn range from just 0.3-1.7 kg.
Moreover, insects such as black soldier fly larvae record under 2 kg emissions, along with boasting feed conversion efficiency 10 times higher compared to cattle. Their pre-pupae stage composition profile matches chicken meals typically used in pet foods.
Additionally, Insect protein from black soldier fly larvae also gains strong traction as an environment-friendly alternative protein replicate of traditional meat. Thus, multiple startups and VC funds entered this arena recently, looking to commercialize greener pet food solutions.
Pet Food Brands Aim for Pet Health Through Nutrition
Expanding urbanization and nuclear families influence greater pet adoption. With pets considered as family, owners increasingly seek diets that reflect nutritional standards similar to humans. This awareness of health, taste, and a balanced pet diet fuels the growth of the studied market.
Plant-based nutrients sourced from origins like quinoa, chickpeas, peas, seaweed, and lentils supplemented with amino acid additions emerge as sustainable alternatives to regular meat diets. In this regard, Mars Petcare acquired Italian plant-based pet food maker Verso Food in July 2022 to augment its capabilities.
Nestlé Purina also accelerated new product development by 75% between 2020-2022, targeting veterinary and therapeutic segments. It innovated several pet food products to provide a combination of natural prebiotic fiber, high-quality ingredients, live probiotics, etc. Their products offer several benefits along with supporting digestive health and nourishing skin for cats and dogs, respectievly.
Localization Counters Logistics Barriers
The leading pet food manufacturers are establishing localized production facilities within the developing world to target regional markets. High freight costs and substantial import duties levied earlier had posed significant barriers, capping accessibility of higher-priced imported pet foods.
Nestlé Purina provides a model case in point where 20% of its total global sales now come from developing and emerging geographic markets. It has a dedicated network of eight local pet food plants in Asia. It registered double-digit growth across Latin America and Eastern Europe markets, too.
Sustainable Way Ahead
With the global pet population estimated to surpass 1 billion by 2030, continued investments in localizing production and supply chains hold similar growth potential for established leaders and new entrants. Moreover, across regions like Asia-Pacific, Latin America and Eastern Europe, price-sensitive buyers prefer cost-effective products. Thus, local factories in these countries allow for affordably priced products catering specifically to regional volume market and middle-class demographic segments. This further enables customizing pet food options aligning with regional preferences.
FAQs
Q.1) How is the rise of e-commerce impacting the distribution of pet food?
E-commerce is transforming the distribution landscape by offering convenience, a wider product selection, and direct-to-consumer sales channels for pet food manufacturers.
Q.2) What are the opportunities for innovation and sustainability in the global pet food market?
Opportunities include developing eco-friendly packaging, introducing novel ingredients, leveraging advanced manufacturing technologies, and addressing pet-specific health concerns through innovative formulations.
#Pet Food Market forecast#Pet Food Market#Consumer Goods & Services#Pet Food & Supplies#triton market research#market research reports
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Automatic and Smart Pet Feeder Market Size, Share, Trends, Growth and Competitive Analysis
Global Automatic and Smart Pet Feeder Market study by Data Bridge Market Research provides details about the market dynamics affecting the Automatic and Smart Pet Feeder market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.
A number of estimations and calculations have been included in the first class Automatic and Smart Pet Feeder market report by assuming definite base year and the historic year. The report describes estimations of CAGR values, market drivers and market restraints about the Automatic and Smart Pet Feeder industry which is helpful for businesses in deciding upon numerous strategies. With this market report, businesses can effectively gain a holistic view of the market and then also benchmark all the companies in the Automatic and Smart Pet Feeder industry. To win the competition in the global market place, going for this global market research report is necessary. The credible Automatic and Smart Pet Feeder market report makes organization armed with information produced by sound research methods.
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Data Bridge Market Research analyses that the global automatic and smart pet feeder market which was USD 1,847.05 million in 2022, is expected to reach USD 5,061.95 million by 2030, and is expected to undergo a CAGR of 12.0% during the forecast period of 2023 to 2030. “Automatic Smart Feeder,” dominates the product segment of the global automatic and smart pet feeder market as it offers convenience to pet owners and are designed to meet the needs of tech-savvy consumers who want to ensure their pets are well-fed even when they are not at home. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Automatic and Smart Pet Feeder Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
How the Report Aids Your Business Discretion?
This section of this Market report highlights some of the most relevant factors and growth enablers that collectively ensure a high-end growth spurt
The report unravels details on pronounced share assessments across both country-wise as well as region-based segments
A leading synopsis of market share analysis of dynamic players inclusive of high-end industry veterans
New player entry analysis and their scope of new business models
The report includes strategic recommendations for new business veterans as well as established players seeking novel growth avenues
A detailed consultation services based on historical as well as current timelines to ensure feasible forecast predictions
A thorough evaluation and detailed study of various segments as well as sub-segments across regional and country-specific developments
Details on market estimations, market size, dimensions
A review of market competitors, their high-end product and service portfolios, dynamic trends, as well as technological advances that portray high end growth in this Market
The Report Can Answer the Following Questions:
Who are the global key players of Automatic and Smart Pet Feeder industry? How are their operating situation (capacity, production, price, cost, gross and revenue)?
What are the types and applications of Automatic and Smart Pet Feeder? What is the market share of each type and application?
What are the upstream raw materials and manufacturing equipment of Automatic and Smart Pet Feeder? What is the manufacturing process of Automatic and Smart Pet Feeder?
Economic impact on Automatic and Smart Pet Feeder industry and development trend of Automatic and Smart Pet Feeder industry.
What are the key factors driving the global Automatic and Smart Pet Feeder industry?
What are the key market trends impacting the growth of the Automatic and Smart Pet Feeder market?
What are the Automatic and Smart Pet Feeder market challenges to market growth?
What are the Automatic and Smart Pet Feeder market opportunities and threats faced by the vendors in the global Automatic and Smart Pet Feeder market?
Some of the major players operating in the global automatic and smart pet feeder market are:
Samsung (South Korea)
Robert Bosch GmbH (Germany)
Schneider Electric (France)
Siemens (Germany)
Haier Group (China)
Google (A Subsidiary of Alphabet Inc.) (U.S.)
General Electric Company (A Subsidiary of General Electric) (U.S.)
Resideo Technologies, Inc (U.S.)
ABB (Switzerland)
Emerson Electric Co. (U.S.)
Johnson Controls (U.S.)
Carrier (U.S.)
Legrand (France)
ADT (U.S.)
Vivint, Inc. (U.S.)
Acuity Brands Lighting, INC. (U.S.)
The Chamberlain Group, Inc. (U.S.)
Brinks Home Security (U.S.)
Sleep Number Corporation (U.S.)
Leviton Manufacturing Co., Inc. (U.S.)
Crestron Electronics, Inc. (U.S.)
Hanwha Techwin America (South Korea)
Switchmate (U.S.)
Lifi Labs, Inc. (U.S.)
Kuna Systems (U.S.)
Lutron Electronics Co., Inc. (U.S.)
Nice S.p.A (Italy)
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Pet Grooming and Accessories Market Share, Trends, Revenue, Growth Opportunities, Challenges, and Competitive Analysis 2033: SPER Market Research
The industry that produces and offers a broad range of products and services aimed at enhancing the comfort, safety, and general well-being of pets is known as the pet accessories market. These products include beds, toys, collars, leashes, harnesses, grooming tools, and other things. Organic food and supplements for pets' health are also sold at the market. The market for pet accessories is a rapidly growing industry that provides a variety of products and services meant to improve the lives of animals. The market has everything from luxuries like jewelry and clothing from leading brands to basics like food and hygiene.
According to SPER market research, ‘Pet Accessories Market Size- By Product, By Distribution Channel, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global PET Accessories Market is predicted to reach USD 18.09 billion by 2033 with a CAGR of 6.34%.
The growing number of people owning pets is driving up demand for pet accessories. With more individuals adopting dogs, there is a growing need for pet accessories such as beds, toys, collars, leashes, harnesses, and grooming items. Pet owners are also willing to shell out extra cash for accessories that will make their animals feel more secure and comfortable. Furthermore, as the number of pet owners expands, more individuals are becoming concerned about the overall welfare, diet, and health of their animals. The demand for products related to pet wellbeing, such as organic food and vitamins, is rising as a result. The need for a range of products and services targeted at improving pets' life is increased by the rise in pet ownership, which is primarily responsible for the expansion of the pet accessories industry.
Pet owners only purchase accessories when absolutely essential. Consequently, sporadic purchases and a brief replacement cycle of these accessories hinder the market's growth. Pet accessories are either purchased for brand-new pets or when worn-out ones need to be replaced because of their longer average lifespan. Since they are meant to be used for an extended period of time, they do not require regular replacement. The majority of these products are high-quality and long-lasting. Over time, pet owners only need to pay a little amount in maintenance fees for this. Consequently, there will be a decrease in the need for regular purchases, which poses a major obstacle to the expansion of the pet accessories industry.
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The COVID-19 pandemic has had an unprecedented and catastrophic worldwide impact. The demand for pet accessories has exceeded expectations in every area when compared to pre-pandemic levels. The epidemic has also resulted in a rise in online pet accessory sales. Because so many physical pet companies have closed or are working at reduced capacity, a growing number of pet owners are increasingly purchasing supplies for their pets online. The pandemic has also raised demand for organic food, vitamins for pets, and other products related to pet wellbeing.
Pet Accessories Market Key Players:
Geographically, The region with the most predicted influence on global market growth is predicted to be North America. The trend of humanizing pets is driving the market share of pet accessories in North America. Key players are Ancol Pet Product, Blueberry Pet, Designer Pet Products, Dobbies Garden Centres Ltd, Ferplast Spa, Go Pet Club, Hagen Group, InterIKEA Holdings BV, KandH Pet Products, Laroy Group, Petcraft, Pets Choice Ltd, Platinum Pets, Unicharm Corp
Global Pet Accessories Market Segmentation:
By Product: Based on the Product, Global Pet Accessories Market is segmented as; Carriers, Collar and Harness, Grooming Products, Housing and Bedding, Pet Toys, Others.
By Distribution Channel: Based on the Distribution Channel, Global Pet Accessories Market is segmented as; Offline, Online.
By End User: Based on the End User, Global Pet Accessories Market is segmented as; Dogs, Cats, Others
By Region: This report also provide the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link:-
Pet Grooming and Accessories Market Outlook
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Trends to Leverage in the Global Pet Food Market 2023
Pet animal adoption has escalated majorly post 2020, mainly as a result of COVID-19-induced loneliness. Statistics suggest that 85 million families across the world own some kind of pet. This has consequently increased the sales of food products for these companion animals, which is expected to propel the global pet food market at a CAGR of 7.91% in the forecast period 2023-2030.
An interesting trend driving this growth is that of pet humanization, as owners are increasingly treating their pets like family members. And thus, pet care trends now mirror human trends, especially the soaring demand for high-quality food. Also, due to heightened awareness of their pets’ nutritional needs, owners are willing to spend more on health-focused and premium quality food products.
Premiumization Trend underpins Growth Prospects
As the pet humanization trend gathers momentum and disposable income rises, owners are more likely to splurge on luxurious products for their pets. According to FEDIAF, Europeans spent over $20.3 billion on pet food, supplies, and services in 2021, which is reflective of the increasing pet ownership in the region. Increased spending by buyers is expected to drive the Europe pet food market at a CAGR of 7.41% over the forecast period.
Premium pet food is sourced from superior quality ingredients, and has high protein content to cater to the taste buds and health needs of carnivores like cats and dogs. To cater to its growing demand, manufacturers are coming up with innovative products that are free of antibiotics, synthetic hormones, artificial colors & flavors, preservatives, etc.
Japan-based Inaba Foods Co Ltd is one such market player, which has gained prominence as one of the leading brands offering premium dry and wet cat food. Furthermore, several manufacturers have expanded their premium product portfolio with distinct offerings for various breeds, kittens, puppies, and lactating mothers. Organic and vegan pet foods, as well as gourmet and artisanal pet foods, have also emerged as favorites, in line with the premiumization trend.
Physical v/s Digital Stores: How are Distributors Competing for Buyer Attention?
While e-commerce sites have always been a reliable purchasing medium, the pandemic brought about a paradigm shift in the way people shop. Due to the easy availability of pet food online, the e-commerce distribution channel is anticipated to witness the fastest CAGR of 8.89% during 2023-2030.
In addition to convenience and comfort, online shopping allows buyers to thoroughly research products and compare costs & benefits before making a purchase. With the help of established e-com platforms like Amazon and Chewy, several pet food providers have been able to increase the sales and subscriptions for their products.
However, this has placed a degree of pressure on physical pet food outlets, such as supermarkets and specialty stores, thus pushing them to innovate. In June 2021, Australian retail giant Coles rolled out a “self-serve doggy treat bar” at its physical stores, in a bid to attract customers in light of the growing online competition.
The humanization and premiumization trends are encouraging pet owners to turn to retail stores, especially pet superstores, as they offer specialized care and products that meet increasingly segmented, high-end demand. Store-based distribution channels dominate the market, with the highest revenue of $94947.82 million in 2022.
Countering Challenges with Targeted Solutions
Based on a 2018-2019 study by the American Pet Products Association, an estimated 56 million cats and 50 million dogs are overweight. The alarming statistics are a result of factors like overindulgence of certain foods and treats; sedentary lifestyles of owners and their pets; inappropriate nutritional advice from veterinarians; and a failure to acknowledge the seriousness of even slightly extra body fat.
However, the lack of transparency on nutritional labels of products is also a major contributor to the growing obesity epidemic, which can cause several chronic illnesses. In this regard, therapeutic diets and nutritional supplements are recommended, as their intake ensures adequate nutrient balance for optimum health of pet animals. Supplements containing vitamins, probiotics, fish oil, and even CBD, are becoming increasingly popular, which is contributing to the global animal nutrition market growth.
Call to Sustainability – Manufacturers Aim to Lower their Carbon Pawprint
Humanization has enabled pet owners to have a more hands-on approach towards their fur babies, which has resulted in them becoming more conscious of their purchase decisions. This has enlarged the spotlight on sustainability and compelled market players to rethink all aspects of their offerings, from ingredient sourcing to manufacturing to packaging.
Sustainable packaging is particularly witnessing high demand. And realizing its growth potential, several players in the global pet food packaging market have started offering sustainable solutions. For example, in November 2020, US-based pet food giant, Mars Petcare Ltd, announced its decision to incorporate recycled polypropylene plastic for packaging some of its popular products.
Premium brands stand to largely benefit from the rising ethical consciousness and sustainability demands of pet parents. As the trends of pet humanization and premiumization evolve further in the years to come, the companies that stay informed and adapt to these changes will shape the outlook of the pet food market.
FAQs:
Q 1) What are the revenue estimates for the global market?
Estimates by Triton Market Research suggest that, the global pet food market, which was valued at $124579.70 million in 2022, will reach a revenue of $227690.72 million by 2030.
Q 2) Which are the food types covered in the market report?
Dry food, wet food, and other food types are covered in the market report.
Q 3) Which are the other animals studied in the animal type segment?
Other animals include pets like birds, rabbits, tortoises, lizards, and fish.
#pet food market growth#pet food market#consumer goods and services#pet food and suppliers industry#triton market research#market research reports#market research trends
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Trends to Leverage in the Global Pet Food Market 2023
Pet animal adoption has escalated majorly post 2020, mainly as a result of COVID-19-induced loneliness. Statistics suggest that 85 million families across the world own some kind of pet. This has consequently increased the sales of food products for these companion animals, which is expected to propel the global pet food market at a CAGR of 7.91% in the forecast period 2023-2030.
An interesting trend driving this growth is that of pet humanization, as owners are increasingly treating their pets like family members. And thus, pet care trends now mirror human trends, especially the soaring demand for high-quality food. Also, due to heightened awareness of their pets’ nutritional needs, owners are willing to spend more on health-focused and premium quality food products.
Premiumization Trend underpins Growth Prospects
As the pet humanization trend gathers momentum and disposable income rises, owners are more likely to splurge on luxurious products for their pets. According to FEDIAF, Europeans spent over $20.3 billion on pet food, supplies, and services in 2021, which is reflective of the increasing pet ownership in the region. Increased spending by buyers is expected to drive the Europe pet food market at a CAGR of 7.41% over the forecast period.
Premium pet food is sourced from superior quality ingredients, and has high protein content to cater to the taste buds and health needs of carnivores like cats and dogs. To cater to its growing demand, manufacturers are coming up with innovative products that are free of antibiotics, synthetic hormones, artificial colors & flavors, preservatives, etc.
Japan-based Inaba Foods Co Ltd is one such market player, which has gained prominence as one of the leading brands offering premium dry and wet cat food. Furthermore, several manufacturers have expanded their premium product portfolio with distinct offerings for various breeds, kittens, puppies, and lactating mothers. Organic and vegan pet foods, as well as gourmet and artisanal pet foods, have also emerged as favorites, in line with the premiumization trend.
Physical v/s Digital Stores: How are Distributors Competing for Buyer Attention?
While e-commerce sites have always been a reliable purchasing medium, the pandemic brought about a paradigm shift in the way people shop. Due to the easy availability of pet food online, the e-commerce distribution channel is anticipated to witness the fastest CAGR of 8.89% during 2023-2030.
In addition to convenience and comfort, online shopping allows buyers to thoroughly research products and compare costs & benefits before making a purchase. With the help of established e-com platforms like Amazon and Chewy, several pet food providers have been able to increase the sales and subscriptions for their products.
However, this has placed a degree of pressure on physical pet food outlets, such as supermarkets and specialty stores, thus pushing them to innovate. In June 2021, Australian retail giant Coles rolled out a “self-serve doggy treat bar” at its physical stores, in a bid to attract customers in light of the growing online competition.
The humanization and premiumization trends are encouraging pet owners to turn to retail stores, especially pet superstores, as they offer specialized care and products that meet increasingly segmented, high-end demand. Store-based distribution channels dominate the market, with the highest revenue of $94947.82 million in 2022.
Countering Challenges with Targeted Solutions
Based on a 2018-2019 study by the American Pet Products Association, an estimated 56 million cats and 50 million dogs are overweight. The alarming statistics are a result of factors like overindulgence of certain foods and treats; sedentary lifestyles of owners and their pets; inappropriate nutritional advice from veterinarians; and a failure to acknowledge the seriousness of even slightly extra body fat.
However, the lack of transparency on nutritional labels of products is also a major contributor to the growing obesity epidemic, which can cause several chronic illnesses. In this regard, therapeutic diets and nutritional supplements are recommended, as their intake ensures adequate nutrient balance for optimum health of pet animals. Supplements containing vitamins, probiotics, fish oil, and even CBD, are becoming increasingly popular, which is contributing to the global animal nutrition market growth.
Call to Sustainability – Manufacturers Aim to Lower their Carbon Pawprint
Humanization has enabled pet owners to have a more hands-on approach towards their fur babies, which has resulted in them becoming more conscious of their purchase decisions. This has enlarged the spotlight on sustainability and compelled market players to rethink all aspects of their offerings, from ingredient sourcing to manufacturing to packaging.
Sustainable packaging is particularly witnessing high demand. And realizing its growth potential, several players in the global pet food packaging market have started offering sustainable solutions. For example, in November 2020, US-based pet food giant, Mars Petcare Ltd, announced its decision to incorporate recycled polypropylene plastic for packaging some of its popular products.
Premium brands stand to largely benefit from the rising ethical consciousness and sustainability demands of pet parents. As the trends of pet humanization and premiumization evolve further in the years to come, the companies that stay informed and adapt to these changes will shape the outlook of the pet food market.
#Pet Food Market#Consumer goods and services#pet food and supplies#pet food#market research report#market research reports#triton market research
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Hello! I hope you're doing well and I'd like to thank you for being the rad trans uncle of Tumblr. I'm in a fuckin' crimson state that's quite unfriendly to trans people and I'm afraid I won't be able to leave until 2028 at the earliest. Might I ask if there's anything you'd recommend doing? Anywho, I hope the leaves were great where you are! Peace!
It's been weird, but I'm glad to be here. :) As for recommendations, well, while you are not in a great place for trans rights, thinking ahead towards a move a few years down the road *is* good. Stuff you should be considering:
Get your finances in order.
Start with making a budget (I like the tool YNAB), tracking your habits, and looking for places to reduce spending. I know that can mean squeezing blood from a stone, but even saving up gas money for a cross-country trip can move up your moving timeline.
You also want to start planning your moving expenses. For example, buying boxes, using a moving service, cost to service your car, calming meds for your pets, etc. Just make a spreadsheet and keep adding as you think of things. Have a rolling total and track against your savings.
Lastly, get your credit score in order. A free service like Credit Karma is fine, but as you get closer to having to apply for rent or a mortgage, sign up with each credit agency and pull your report. Get caught up on any delinquencies asap and do not miss any payments from now until you are moved - missed payments take the longest of ANYTHING to fall off your score.
If you've changed your legal name, make sure it matches with all the credit bureaus. If you feel responsible with credit, ask for a credit line increase every 6 months - that will help with your debt ratio if you are currently trying to pay down a balance. Plan a credit score timeline with a hard stop at least 2 months before you apply for a loan/rent -- after that, no more making any big purchases or applying for new cards. Try to have no more of 10% of your total credit line actually on your cards by the end of your timeline. Aka, if your line of credit is $1,000, you only want $100 on the cards.
2. Start paring down your stuff
Gt crafty hobbies? Stop adding to your stash. Stop it. Start getting rid of broken things, clothes that don't fit, stuff you don't see yourself using, or stuff that is cheaper to sell & buy at your new place, rather than pay to move. If this all feels hard, put the items you're questioning in a box now, and then open it next year and see how you feel. Don't buy anything you wouldn't want to move.
3. Start your research
Make lists of towns that look promising. See how their local government works. Check the local reddits and facebook groups to get the vibes. Make lists of "must haves" and "nice to haves" at the state, city, neighborhood, and even house level. Get an idea for what the cost of living will be in your new place. Decide what your deal-breakers will be.
4. Work on your job skills
Four years is a lot of time to improve yourself for a good salary hike. It's a lot of time to get marketable for remote jobs, which will broaden your opportunities to live where you want. If remote work interests you, start looking at job listings and note the requirements. Make a plan to be qualified within 3 years.
5. Make a bucket list of things to do in your current state
There must be some good things about your state. There were in mine. Afford yourself grace and do some fun things that you might not have the chance to do again when you move. Hang out especially with local friends and family you care about.
6. Keep an eye on what's happening wrt trans rights.
Follow trans pundits and your local trans rights orgs. Get in the habit of learning what's going down in your municipality, down to the school board level. Be prepared to have to adjust your moving timeline if shit hits the fan.
7. Stay on top of your healthcare and legal stuff
No passport yet? Apply now. Forgetful about getting your HRT renewed? Set reminders and work hard to stay on top of everything. As you get closer to moving, research healthcare options in your new home and get appointments lined up asap.
8. If you're selling & buying a house, be prepared for it to take nearly a year
Seriously, it can take forever for everything to work out. Work with realtors in your new state who specialize in remote sales & relocations. Start repairing your current place by year 3 and start packing months in advance of the final move.
tldr; Treat the next 4 years like you're at college and your degree is Getting the Hell Outta Dodge. Plan as much as you can with to-do lists and spreadsheets, with some kind of monthly goal at first, then weekly and daily goals as your move approaches. It can feel overwhelming, but knowing *now* that you are going to move means you can plan as much as possible and reduce the amount of panic-decisions.
Good luck!
#trans stuff#fwiw I knew in 2016 I wanted to move and I knew I had a ton of financial obstacles to overcome#it took me 8 years but also keep in mind I was dealing with the huge financial burden of escaping poverty#once shitty old delinquencies fell off my credit report I hit the ground running#in those 8 years I tripled my salary and became a remote worker#that gave me a lot of freedom for picking where to live#if you are moving with a partner delegate some things to them and then have regular check-ins#for example I handled getting out of FL and my partner handled finding a place to move *to*
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Overview of the Global Pet Care Market
Introduction
The global Pet Care Market has witnessed significant growth in recent years, driven by factors such as increasing pet ownership, rising disposable incomes, and changing consumer preferences. In this blog, we provide an overview of the global pet care market, highlighting key trends, growth drivers, and major players in the industry.
Market Size and Growth
The global pet care market size was valued at USD 150.67 billion in 2021 and is projected to expand at a compound annual growth rate CAGR of 5.1% from 2022 to 2030. The market is expected to reach USD 230.45 billion by 2030, driven by the growing trend of pet humanization and increased consumer spending on pet-related products and services.
Pet Ownership Trends
Pet ownership has been on the rise globally, with approximately 85 million households owning a pet. The trend of pet humanization, where pets are treated as members of the family, has contributed to increased spending on pet care products and services. Millennials and Generation Z consumers, in particular, are driving the demand for pet-related products and are willing to invest in premium pet care solutions.
Impact of COVID-19
The COVID-19 pandemic has further accelerated the growth of the pet care market. With more people spending time at home, there has been an increase in pet adoptions and fostering. Additionally, pet owners are showing a strong desire to learn more about pet health issues, leading to increased spending on preventive care and wellness products.
Key Players in the Industry
Several companies dominate the global pet care market, offering a wide range of products and services to meet the needs of pet owners. Some of the key players in the industry include:
Nestle Purina PetCare
Mars, Incorporated
Hill's Pet Nutrition, Inc.
Blue Buffalo Co., Ltd.
Champion Petfoods LP
Ancol Pet Products Limited
Petmate Holdings Co
The Hartz Mountain Corporation
Spectrum Brands Holdings, Inc.
These companies compete by offering innovative products, expanding their distribution networks, and investing in marketing and advertising campaigns to attract pet owners.
Future Outlook
The future outlook for the global Pet Care Market remains positive, with continued growth expected in the coming years. Factors such as increasing pet ownership, rising consumer awareness about pet health and wellness, and technological advancements in pet care products are expected to drive market growth.
Conclusion
The global pet care market is a dynamic and rapidly growing industry, driven by changing consumer preferences and increasing pet ownership rates. With the right strategies and investments, companies can capitalize on the growing demand for pet care products and services and achieve long-term success in this thriving market.
#Pet Market Analysis#Pet Market Size#Cat Food Manufacturers#Online Dog Food Sales#Online Pet Food Companies#Top Pet Companies#Pet Industry#Pet Industry Research Reports#Pet Market Research Reports#Pet Market Demand#Pet Market Forecast#Pet Market Growth#Pet Market Outlook#Pet Market Revenue#Pet Market Trends#Pet Market Report#Pet Market Challenges#Pet Market Opportunities#Pet Food and Nutrition Industry Research Report#Pet Food and Nutrition Market Analysis#Pet Food and Nutrition Market Demand#Pet Food and Nutrition Market Forecast#Pet Food and Nutrition Market Growth#Pet Food and Nutrition Market Outlook#Pet Food and Nutrition Market Revenue#Pet Food and Nutrition Market Size#Pet Food and Nutrition Market Trends#Cat Food Market Reports#Dog Food Sales Online#Pet Food Market Size
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Navigating the Pet Market Landscape: Market Share, Revenue and Growth
Introduction: The Flourishing Landscape of the Pet Market
In the realm where furry companions and commerce converge, the Pet Market stands as a testament to the inseparable bond between humans and their animal counterparts. This exploration delves into various facets of the industry, unraveling insights into market research reports, demand dynamics, forecasts, growth patterns, outlook, revenue metrics, trends, challenges, and the plethora of opportunities shaping the pet market.
Understanding Pet Market Demand: The Canine and Feline Frenzy
At the heart of the industry lies the dynamic force of Pet Market Demand. The insatiable desire for pet companionship has created a market that extends beyond the basics of pet care to the realms of pet pampering and premium services. Understanding the nuances of demand is pivotal for businesses navigating this flourishing landscape. The Global Pet Market Demand is soaring, with an estimated 10% year-on-year increase in pet adoption rates. Specialty pet foods, catering to specific dietary needs, witnessed a remarkable 15% surge in demand in the last fiscal year.
Forecasting the Future: Pet Market Forecast
Peering into the crystal ball, the Pet Market Forecast segment anticipates the trajectory of the industry. With pet ownership trends evolving and pet parents seeking innovative products and services, forecasting becomes a compass for businesses aligning their offerings with the ever-changing preferences of pet owners. The projected market value by 2030 is an astounding USD 350 billion, propelled by a growing awareness of pet well-being and an increase in pet-humanization trends.
Pet Market Growth
The heartbeat of the pet industry resonates in the rhythm of Pet Market Growth. With a projected annual growth rate of 5.8%, the industry is not just expanding; it's evolving. This growth signifies not only the increasing number of pets but also the elevated expectations of pet parents for high-quality products and services. The global pet market is poised to reach USD 269.9 billion by 2025, reflecting a CAGR of 5.8%. The burgeoning pet tech sector is expected to witness a growth rate of 12% annually, emphasizing the integration of technology in pet care.
Outlook into Pet Paradise: Pet Market Outlook
The Pet Market Outlook envisions a world where pets are not just companions but integral members of households. The outlook explores emerging trends, consumer behaviors, and innovations that define the evolving landscape of the pet market. Over 60% of pet owners express a willingness to invest in high-quality, organic pet products, reflecting a shift towards more conscientious and health-focused choices.
Pet Market Revenue
Beyond cuddles and playtime, the pet industry is a formidable economic force, as evidenced by Pet Market Revenue. The revenue streams encompass pet food, grooming, healthcare, and a burgeoning market for pet tech. Understanding the financial dimensions is essential for stakeholders seeking to tap into this lucrative market. Pet food sales account for the largest share of pet market revenue, contributing over 40%. The pet grooming and wellness sector recorded a remarkable 18% increase in revenue over the past fiscal year.
Trends Tailoring the Pet Experience: Pet Market Trends
In the ever-evolving pet landscape, Pet Market Trends are akin to the wagging tail of innovation. From the rise of eco-friendly products to the integration of artificial intelligence in pet care, staying abreast of trends is imperative for businesses seeking to captivate the discerning audience of modern pet parents. The market for smart pet products is expected to witness a growth rate of 8% annually. Eco-conscious pet products witnessed a 20% increase in sales, reflecting the growing emphasis on sustainability among pet owners.
Deciphering Insights: Pet Market Report
The foundation of informed decision-making lies in the insights derived from Pet Market Reports. These reports unravel consumer behaviors, competitive landscapes, and emerging opportunities. For businesses aiming to thrive in the pet market, these reports are indispensable guides. Over 70% of industry experts refer to research reports for strategic decision-making in the pet industry. The utilization of data analytics tools in pet market research increased by 30% in the last two years, showcasing a shift towards data-driven decision-making.
Challenges in the Pet Playground: Pet Market Challenges
Amidst the tail wags and purrs, challenges abound in the Pet Market Challenges section. From regulatory complexities to the growing concerns regarding pet health, businesses need to navigate these challenges strategically to ensure sustained success. Stringent regulatory frameworks contributed to a 15% increase in compliance costs for pet-related businesses in the last fiscal year.
Opportunities in the Pet Kingdom: Pet Market Opportunities
Within challenges lie opportunities, and the Pet Market Opportunities segment illuminates the pathways for growth. From the surge in demand for premium pet products to the untapped potential in emerging markets, seizing these opportunities is crucial for businesses aiming to thrive in the pet industry. The market for organic and natural pet products is projected to grow at a rate of 9% annually. Emerging markets in Asia-Pacific and Latin America are witnessing a 25% year-on-year increase in pet product demand.
Conclusion: Pawing Towards a Prosperous Future
In the final analysis, the Pet Market is more than a marketplace; it's a reflection of the evolving dynamics between humans and their beloved pets. From understanding demand patterns to navigating challenges and embracing opportunities, each aspect contributes to the vibrant tapestry of the pet industry. As businesses stride forward into the realm of paws and profits, the Pet Market remains a haven of potential, promising not only financial success but also the joyous companionship of our four-legged friends.
#Pet Market Analysis#Pet Market Size#Cat food manufacturers#Online dog food sales#Online pet food companies#Top pet companies#Pet Industry#Pet Industry research reports#Pet market research reports#Pet Market Demand#Pet Market Forecast#Pet Market Growth#Pet Market Outlook#Pet Market Revenue#Pet Market Trends#Pet Market Report#Pet Market Challenges#Pet Market Opportunities#Pet food and nutrition Industry research report#Pet food and nutrition Market Analysis#Pet food and nutrition Market Demand#Pet food and nutrition Market Forecast#Pet food and nutrition Market Growth#Pet food and nutrition Market Outlook#Pet food and nutrition Market Revenue#Pet food and nutrition Market Size#Pet food and nutrition Market Trends
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So if I understand the People mag article correctly, Archwell is now firmly acting as a middle man of charity donations. They get donations from other organizations - tax write off for the organizations - and also private anonymous doners (last years it was 10mil?? This year it's 2 mil!).
Then they decide how to allocate those recieved donations further to other organizations after meeting their own costs of salaries, admin, expenses (travel, accomodation while travelling, food and drinks etc for the employees) and other costs are met first.
No clarification if the large sum donations recieved are bulk one-time payments or multiyear pledges. No clarification of doners stipulate where to donate or Archwell decides that. No clarification on when the funds actually came in or how they acquired those. (Who pitched, when, was ut random cold calls, through business or private networks, during a social event, during Invictus or random benefactors who just happened to like HnM).
What is the staffs actual role is acquiring thes donations and partnering with organization's downstream of recieving donations? How much are Meghan and Harry personally involved in this unique scheme of "charity". Was this Meghan's idea to have this working model or did it stem from Harry's idea of what being a working royal means.
Why isn't there more clarity on their partner organizations, because so far it seems rather random based on Meghan's pet causes of women empowerment and Harry's crusade of tackling disinformation.
They are making such a huge deal out of the annual report but they are basically using this as a pr gimmick. An annual report should just (ideally) summarise whatever they have been doing during 2023 and that work should have already been out there.
Most of this looks so removed from the work that we saw, which was Invictus games, the bought awards, the faux- royal toursetc. I know a lot of that was this year, 2024, but at least behind the scenes there should have been some work in 2023 which logically led to those events in 2024. so far, this looks like another attemp to attach themselves to Jill Biden through her daughter and get an in with the dek party (political aspirations much?!)
To be fair, though, a lot of charities serve as middlemen like this - they solicit donations/grants from others and then disburse grants to other organizations versus funding their own projects or doing their own research/studies.
That's why it's really important to do your own research when you're considering to give money to charity. There are a bunch of charity watchdogs that specifically look at how charities are fundraising and expensing, as well as pulling up their tax records (actual tax records, not impact reports or board statements). There are two things you want to pay attention to: 1) administrative costs and fundraising costs and 2) unrestricted giving vs restricted giving.
The administrative cost is essentially the cost for the charity to operate. It's everything like salaries and employee benefits, rent, travel, legal fees, management. The fundraising costs isn't how much money the charity fundraised for its clientele; it's how much the charity spent to raise money - marketing, merchandise, events, advertising, PR. A charity should never spend more than 35% on administrative and fundraising costs combined.
Looking specifically Archewell's numbers by People yesterday, they spent about $2.6M in operating expenses and staff salaries ("just over" $1M, which I rounded to $1.1M, on legal fees, events, and travel and $1.5M on salaries). Since People also says that $5.7M was what Archewell raised last year (and I'm not looking up the actual tax records tonight), we have to assume that the $2.6M is paid for by the $5.7M pot. $2.6M of $5.7M is 46%.
People also says that of the $5.7M, only $1.3M was actually given to charity. That's 23%. While we don't know where the other $1.8M (the remaining 30%) is going, it's either going into investments/reserve funds for future-year expenses or it's been allocated to programming that hasn't been announced or disclosed.
Let's put People aside for a second here and talk about unrestricted giving versus restricted giving.
Restricted giving is where you specifically and explicitly direct where your money should go or how it should be spent. Unrestricted giving means the charity/organization decides where to spend your money and you have no say in it, so while you may have donated that $100 check thinking the Susan B. Komen Foundation is going to use it to fund breast cancer research, that money might end up going into the CEO's end-of-year bonus or buying the ribbon magnets that the organization sells for a fundraiser.
Both types of giving are important, but the benefits are very different. Small charities need unrestricted charitable gifts because that's literally the money that keeps them in business. Larger charities love unrestricted giving because it means bigger paychecks, bonuses, and benefits for staff.
Deciding whether to give a restricted donation or an unrestricted donation is where that administrative costs + fundraising costs percentage can be very powerful. The lower that percentage is, the more likely your donation will actually be used for programming that actually helps the people/community. The higher that percentage is, the more likely your donation will go to overhead expenses. Thus, the suggestion is typically lower percentage = unrestricted giving but higher percentage = restricted giving.
(There are two exceptions to that rule of thumb, for me. First is colleges and universities. For a lot of smaller schools and public universities, unrestricted giving is what pays the faculty, staff, new construction, buys books for the libraries, funds general scholarships and work/study programs, makes campus accessible, supports student and alumni programming (like clubs, homecoming events, new student orientation), etc. Essentially, anything that tuition, fees, room + board, and specific endowments doesn't cover, colleges and universities pay for it from their unrestricted giving funds. So if you went to a school that doesn't have national name brand recognition (which is pretty much everyone outside of the Ivies and top 25 Division I schools in sports), unrestricted giving is their lifeline. So yes, give to your major/degree program, give to the sports, give to whoever, but also give to the unrestricted fund. Second is large national/multi-national corporate-type charities like Susan G. Komen - for those charities, always do restricted giving to make sure that your money is actually going towards programming, research, the community, etc. And if you're on a limited budget and you want your charitable donation to stretch the furthest it can go, look for those smaller charities instead of the name-recognized ones, like The Breasties instead of Komen.)
(I also don't mean to keep picking on Komen. I'm just not a fan. They obscure a lot of their work in programming called "education and awareness" and don't really explain what it is. They also have a huge fundraising budget, which isn't actually what they fundraise - it's the cost of fundraising, like buying those magnets, sponsoring pink October. Lastly, the CEO makes an annual salary of $888K which is 3-4 times more than the rest of the C-suite execs and I just think that's ridiculous. The CEO of Breasties, for comparison, makes only $79K.)
So since there's only a 23% chance your donation to Archewell will actually go towards programming, you'll get the most bang for your buck restricting your donation - in other words, telling the Sussexes "this donation is for the Digital Civil Rights Award" when you give them your check means they have to put that money in their Digital Civil Rights Award/NAACP bucket and if they don't, that can cause serious problems if they get audited for misuse of funds.
The second thing I want to point out about People's article and the Impact Report (I haven't read the Impact Report and I don't plan to, so this is going by what People reported) is that they write about the donations Archewell received in vague terms. If you look at that article, here's what they report Archewell received in donations:
$5 million donation from an individual donor
$335,000 from five individual contributors
$6 million gift from Fidelity Charitable (a donor-advised fund, or DAF)
$10,000 grant from TisBest Philanthropy
$1 million grant from an anonymous donor
$1 million grant from a second anonymous donor
So all that together, People makes it sound like Archewell raked in $13.3 million in donations, which makes them look far more successful than they actually are (and more importantly, makes them look "better" than The Royal Foundation, who reported raising $10.5 million last year).
But the devil is in the details - $4 million of that $13.3M is actually from 2022 and was "omitted" from their tax report due to "discrepancies in timing." Sure, but that leaves $9.3M. We know they raised $5.7M, so where's that other $3.6 million? It's definitely not programming expenses. And if the paperwork shows $9.3 million was raised in 2023, then why does the Impact Report say they raised $5.7 million? (I am not a lawyer and I am not a tax person. I put my forms in TurboTax and call it a day, so there is a 99% chance I'm completely wrong here.) And more specifically, as the other anon last night pointed out - why does the Impact Report promote having received a $6 million donation but yet only saying they raised $5.7 million? That's a huge discrepancy.
Again, I'm not a lawyer, I'm not a tax person, I haven't looked at the actual tax records or the actual Impact Reports, but none of this is making sense.
Then add in everything that @benignkarma asks - what exactly does all this mean? How exactly do they run and operate Archewell? What exactly do they do? What exactly are James Holt and Shauna Nep doing that's earning them that much money? For that kind of paycheck, I'd expect it to be abundantly clear exactly everything they're doing and how they're operating. And for those kinds of gifts, donations, and grants, they really need to be on a line-item budget or expenditure report because their scrutiny (even if it's self-inflicted via PR like this is) means everything needs to be crystal clear and squeaky clean.
Now, maybe everything really is above board, but given what we've seen from Meghan's trademark applications and charity registration paperwork, I'm suspicious. If they're that sloppy on other things, then they have to be sloppy - or doing the barest bare minimum - on everything else. And I think this is being sloppy, because the People article talks about three different time periods - the 2022 tax records with the $4 million discrepancy, the 2023 tax records that have just been released, and then the 2022-2023 impact report. Meaning, someone is obscuring the actual time period - is it Archewell? Is it People? is it Meghan? - and they're probably doing that to make the numbers look more impressive than they actually are.
After all, $13.3 million is better than $5.7 million, which is better than $1.3 million. And $1.3 million in charitable giving is kiiiiiiiinda pathetic when your operating expenses and overhead is at least $2 million.
(I'll end with this - People's article, the impact report, and the tax records say that Harry and Meghan don't draw salaries from Archewell. That is, in my opinion, complete bunk. These "operating expenses" - which People cites are legal fees, travel, and events - are Harry's and Meghan's salaries. Because as much traveling as "Archewell" has done (Nigeria, Colombia, and New York), sending the staff wouldn't cost hundreds of thousands of dollars that would cause operating expenses to rack up to "just over $1 million".)
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New SpaceTime out Wednesday
SpaceTime 20240925 Series 27 Episode 116
Discovery of more black holes than expected in the early universe
A new study using the Hubble Space Telescope has discovered far more supermassive black holes in the early universe that expected.
A new volcano spotted on Jupiter’s moon Io
Astronomers have discovered a new volcano on Jupiter’s moon Io.
Confirming the mass of the W boson
Scientists at CERN -- the European Organization for Nuclear Research -- have confirmed the mass of one of the fundamental forces of physics – the W Boson.
The Science Report
Tea, red wine, berries and even dark chocolate could help reduce the risk of dementia.
Fifty critically endangered night parrots found living in the far east of Western Australia's Pilbara region.
A new study has found that cats show signs of grief when fellow pets die – even dogs.
Alex on Tech: new iphone scam.
SpaceTime covers the latest news in astronomy & space sciences.
The show is available every Monday, Wednesday and Friday through Apple Podcasts (itunes), Stitcher, Google Podcast, Pocketcasts, SoundCloud, Bitez.com, YouTube, your favourite podcast download provider, and from www.spacetimewithstuartgary.com
SpaceTime is also broadcast through the National Science Foundation on Science Zone Radio and on both i-heart Radio and Tune-In Radio.
SpaceTime daily news blog: http://spacetimewithstuartgary.tumblr.com/
SpaceTime facebook: www.facebook.com/spacetimewithstuartgary
SpaceTime Instagram @spacetimewithstuartgary
SpaceTime twitter feed @stuartgary
SpaceTime YouTube: @SpaceTimewithStuartGary
SpaceTime -- A brief history
SpaceTime is Australia’s most popular and respected astronomy and space science news program – averaging over two million downloads every year. We’re also number five in the United States. The show reports on the latest stories and discoveries making news in astronomy, space flight, and science. SpaceTime features weekly interviews with leading Australian scientists about their research. The show began life in 1995 as ‘StarStuff’ on the Australian Broadcasting Corporation’s (ABC) NewsRadio network. Award winning investigative reporter Stuart Gary created the program during more than fifteen years as NewsRadio’s evening anchor and Science Editor. Gary’s always loved science. He studied astronomy at university and was invited to undertake a PHD in astrophysics, but instead focused on his career in journalism and radio broadcasting. Gary’s radio career stretches back some 34 years including 26 at the ABC. He worked as an announcer and music DJ in commercial radio, before becoming a journalist and eventually joining ABC News and Current Affairs. He was part of the team that set up ABC NewsRadio and became one of its first on air presenters. When asked to put his science background to use, Gary developed StarStuff which he wrote, produced and hosted, consistently achieving 9 per cent of the national Australian radio audience based on the ABC’s Nielsen ratings survey figures for the five major Australian metro markets: Sydney, Melbourne, Brisbane, Adelaide, and Perth. The StarStuff podcast was published on line by ABC Science -- achieving over 1.3 million downloads annually. However, after some 20 years, the show finally wrapped up in December 2015 following ABC funding cuts, and a redirection of available finances to increase sports and horse racing coverage. Rather than continue with the ABC, Gary resigned so that he could keep the show going independently. StarStuff was rebranded as “SpaceTime”, with the first episode being broadcast in February 2016. Over the years, SpaceTime has grown, more than doubling its former ABC audience numbers and expanding to include new segments such as the Science Report -- which provides a wrap of general science news, weekly skeptical science features, special reports looking at the latest computer and technology news, and Skywatch – which provides a monthly guide to the night skies. The show is published three times weekly (every Monday, Wednesday and Friday) and available from the United States National Science Foundation on Science Zone Radio, and through both i-heart Radio and Tune-In Radio.
#science#space#astronomy#physics#news#nasa#astrophysics#esa#spacetimewithstuartgary#starstuff#spacetime#jwst#james webb space telescope#hubble space telescope
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[ bie thassapak hsu, demi-man, he/they ] Look who just landed! SANTI AMARIN-ZHAO, I sure hope you packed all you need. Perhaps you’re not worried as the CEO of X ACADEMY. The city has plenty of spots for a 29 year old SIGHIR like you. You’ll be known in the city soon enough as THE PEACEMAKER, being CHARISMATIC and INSTIGNANT.
❯ tags — interview — bio — headcanons — wanted connections & plots
OOC Information
Fayn / PST (Vancouver, Seattle, Los Angeles) / They/Them
Muse: Santi Amarin-Zhao
Tagging System: here
Interview: here
Muse’s Statistics
Full Name: Santi Amarin-Zhao | สันติ อมรินทร์ | 兆三緹
Nickname: Silk / Xiao Ti (小緹) / Titty (lmao)
Date of Birth: 28 May 2376
Gender: Demi-Man
Pronouns: He/They
Sexual Orientation: Queer
Romantic Orientation: …Ask him when he’s drunk. (Queer)
Current Age: 29
Modification: Sighir (Classified) Human :)
Affiliation: X Academy
Birthplace: New Jakarta
Current Neighbourhood: Sora
Occupation: CEO of X Academy, Philanthropist, Insider Threat, Dog Papa :)
Known Languages: English, Thai, Mandarin Chinese, Japanese, Bahasa
Appearance
Faceclaim: Bie Thassapak Hsu
Height: 6'0"
Eye Colour: Dark brown, almost black
Hair Colour: Naturally black, tends to dye it dark, reddish brown
Clothing Style: Has an extensive suit collection, surprisingly only a fraction of which are custom tailored. Wears more eccentric and femme-leaning blazer choices when feeling up to it. Tends to wear layers and long sleeves even during warm weather. Wears a hat to disguise himself in the Slums. Occasionally wears glasses.
Jewelry: Watch he inherited from a mentor. Occasionally wears a bracelet and necklace with no real sentimental meaning, just only for the vibe.
Tattoos: N/A
Marks/Scars: An innumerable amount of scars all over his body, even his face, as a result of testing done on him. They’ve all healed nearly perfectly thanks to his Sighir powers, and as a result, they’re nearly imperceptible / basically invisible unless you know what you’re looking for and are literally up in his business. He doesn't usually let anyone get that close, physically or emotionally.
Modifications: N/A
Scent/Fragrance: Tom Ford Ébène Fumé — overall woody and smoky; has notes of incense, palo santo, black pepper, violet leaf, leather, and labdanum
Personality
Positive Traits: Charismatic, compassionate, loyal
Neutral Traits: Guarded, resourceful, analytical
Negative Traits: Hyperindependent, manipulative, self-destructive
Peeves: His lunch getting double booked, expense reports, interviews, people who pet Khoi without asking Khoi if he’d like to be pet, people who don’t respect nature
Fears: A particular part of the city he now avoids going to at all costs; locked, windowless rooms; his parents; vulnerability
Skills: Partnership management, B2B commerce, research design, organizational management, public speaking, tying the perfect tie in one shot, being able to tell what kind of spices were used in a dish, inhuman-like terrifyingly high pain tolerance
Goals: Autonomy and control over his own fate
Favourites
Likes: His black golden retriever (Khoi), a tasteful accent pocket square, street food, boba, bugs (butterflies in particular), a certain Overseer :)
Dislikes: The smell of antiseptic, stainless steel furniture and decor, loss of control
Hobbies: Cooking, going out to Bartori or the Marwar Market in disguise to eat street food
Habits: Sleep talking, overworking, checking the app on his phone to make sure Khoi is okay at home
One Cherished Item: The chrysalis of a butterfly he helped raise in secret from a caterpillar when he was a child
Biography
UNN's Class of 2405: 30 Under 30 Interview with Santi Amarin-Zhao, CEO of X Academy
Date: September 12, 2404 Time: 13:57 PM NJT Location: X HQ, Santi’s Office
The interview takes place in the sleek, ultra-modern headquarters of X Academy, a towering structure that dominates the skyline of New Jakarta. The office is a blend of glass and metal, with a panoramic view of the sprawling city below. Santi sits behind a minimalist desk, his posture relaxed but his eyes sharp, betraying the meticulous mind behind the polished exterior. The interviewer, an experienced journalist from the United News Network, is acutely aware that this is more than just a profile piece—it’s an opportunity to peel back the layers of one of Mars' most enigmatic young leaders.
Interviewer: "Santi Amarin-Zhao, thank you for joining us today. It's not every day that we get to sit down with one of the youngest CEOs in New Jakarta's history. Let's start from the beginning—being born and raised on Mars is still not an everyday occurrence, and especially not nearly three decades ago. How has your upbringing shaped the leader you are today?"
Santi offers a warm smile, the kind that has won him the admiration from many of the million citizens of New Jakarta, but behind that smile is a carefully crafted persona. He knows exactly how to play this role, the heir to a legacy of power and innovation.
Santi: "Thank you for having me. My upbringing was nothing short of a privilege, and I recognize that every day. My mother's side was instrumental in the initial colonization efforts, and my father's side were some of the original Braax mine owners. Their combined legacy is something I take very seriously. Growing up, I was always taught that with great power comes great responsibility—not just to my family, but to the people of New Jakarta."
As he speaks, Santi’s thoughts drift momentarily to his childhood, where lessons were taught not in classrooms, but in boardrooms. His mother, a brilliant scientist, would often take him to meetings where breakthroughs in Martian terraforming and mineral research were discussed, while his father, a shrewd businessman, exposed him to the intricacies of corporate strategy. From a young age, Santi learned that every action, every word, was a move in a larger game—a game he was expected to win.
Interviewer: "That's a powerful ethos to live by. Many would say that you were born into success, but you've clearly worked hard to maintain and build upon that legacy. What drives you to keep pushing forward, especially in such a high-stakes environment?"
As the interviewer asks this, Santi leans back slightly, as if contemplating the question. The truth is, the drive to push forward comes not from ambition alone, but from a deeper, almost primal need to assert control over a life that has always been orchestrated by others. But that’s not something he can admit out loud.
Santi: "You know, it's easy for people to assume that everything was handed to me on a silver platter, but the reality is far more complex. Yes, I had opportunities that others might not, but I was also held to incredibly high standards. From a young age, I was taught the importance of hard work, and that success is not just about what you achieve, but how you achieve it. I’ve always believed in leading by example, which is why I make it a point to be in the trenches with my team, whether it's working late nights on a project or navigating the complexities of our latest research initiatives."
He recalls the countless nights spent in the labs of X Academy, not because he needed to be there, but because he wanted to understand every aspect of the institution he would one day lead. He wasn’t just a figurehead—he was determined to know the ins and outs of every department, every project. The long hours weren’t just about work; they were about proving, perhaps to himself more than anyone else, that he was worthy of the legacy he was born into.
Interviewer: "It's clear that your work ethic is something you take pride in. Let's talk about X Academy. Under your leadership, it's become a beacon of hope for many in New Jakarta, especially with the rising tensions in the city. How do you balance the pressures of being a public figure with the responsibilities of running such a pivotal institution?"
Santi’s expression shifts subtly—a flicker of something deeper, darker. He knows that the public sees him as a beacon of hope, a leader who can unite the fractured city. But the truth is, the very tensions they hope he will resolve are often of his own making. He is both the architect of chaos and the one who brings order, a duality that he keeps hidden beneath layers of charm and calculated sincerity.
Santi: "Balancing those pressures is definitely a challenge, but it's one I embrace. X Academy was founded with the goal of advancing scientific research for the betterment of all Martian citizens, and that mission is something I take to heart. At the same time, I understand the power of public perception. People are looking for someone to believe in, especially now, and I’m grateful that they see me as that figure. However, it’s not just about what I can do as a leader, but what we can achieve together as a community. Creating opportunities for all, committing to public good—these are not just slogans, but guiding principles in everything I do."
He remembers the latest crisis he orchestrated in the Akumu Slums—a small piece of information, leaked at just the right time, setting off a chain of events that sent shockwaves through the city. It was a dangerous game, one that could easily spiral out of control, but Santi thrives on the thrill of it. The chaos serves a purpose; it keeps people looking to him for solutions, reinforcing his role as the indispensable leader.
Interviewer: "You've been dubbed 'The Peacemaker' by some, yet New Jakarta is far from peaceful, if we must be honest. How do you reconcile this title with the realities of the city?"
Santi knows this question is coming, and he’s prepared. The irony of the title isn’t lost on him—it’s part of the persona he’s carefully cultivated. He is the Peacemaker, but peace, as he defines it, is a tool, a means to an end. True peace would leave him with nothing to control, nothing to fix, and that’s a reality he’s not ready to face.
Santi: "The title 'Peacemaker' is both a compliment and a burden. Peace is not just the absence of conflict but the presence of justice and opportunity. It’s no secret that New Jakarta faces many challenges, from economic disparities to social unrest. But these challenges also present opportunities for growth and innovation. My job is to navigate these complexities and find solutions that benefit the city as a whole. Sometimes, that means making difficult decisions that aren't immediately popular, but I always have the long-term prosperity of New Jakarta in mind."
As he speaks, his mind wanders to the many nights he spent alone in his office, staring out over the city. From this vantage point, he could see everything—the glittering towers of the elite, the sprawling slums below. It was all part of a grand design, one he was orchestrating from behind the scenes. Every conflict, every resolution, was a step towards a future only he could envision.
Interviewer: "There's a lot of talk about the criminal underworld in New Jakarta, particularly in the Akumu Slums. How does X Academy fit into this picture, and what steps are you taking to ensure that your initiatives aren't just a band-aid on a larger issue?"
Santi’s smile doesn’t falter, but inside, he feels a spark of satisfaction. The criminal underworld is a complex web, one that he’s intimately familiar with. He’s not just aware of it—he’s a part of it, a shadowy figure pulling strings from the comfort of his high-rise office. But that’s a truth he’ll take to his grave.
Santi: "The situation in the Akumu Slums is one of the most pressing issues we face, and it’s something I’m deeply concerned about. X Academy's role is to provide education and resources that empower people to create better lives for themselves, but we can’t do it alone. That’s why I’ve been working closely with the Overseers and other city leaders to address the root causes of these problems. It’s not just about education; it’s about creating a sustainable ecosystem where everyone has the opportunity to thrive. As for the criminal circuit—let's just say, we're keeping a close eye on things and doing everything we can to ensure that X Academy’s work is part of the solution, not part of the problem."
He remembers the recent heist at one of X Academy’s facilities, a heist that the public believed was a tragedy. What they didn’t know was that Santi had orchestrated the entire event, leaking the location of the facility to a rival faction in the slums. It was all part of a larger plan, one that would ultimately strengthen his grip on the city. The stolen research was never meant to be used—it was a decoy, a test of loyalty and competence for those who would carry out his orders.
Interviewer: "Lastly, with everything you've accomplished so far, what does the future hold for you and X Academy? How do you plan to continue your family's legacy while also making your own mark?"
Santi pauses, considering his response carefully. The future is something he thinks about often, but not in the way most people do. For him, the future is a canvas, one that he can shape and mold to his liking. His family’s legacy is the foundation, but the empire he’s building will be his own.
Santi: "The future is bright, but it’s also uncertain—and that’s what makes it exciting. My family’s legacy is something I’m incredibly proud of, but I’m also focused on carving out my own path. For X Academy, that means continuing to push the boundaries of scientific research and making sure that our work has a real, tangible impact on the lives of the people of New Jakarta. Personally, I’m committed to staying grounded, to listening to the needs of the community, and to never losing sight of the values that brought me here. My goal is to make sure that when people think of X Academy, they don’t just think of a name—they think of a force for good that is changing the world for the better."
As he finishes, Santi glances out the window, his mind already racing with the next steps in his plan. The interviewer thanks him for his time, and Santi responds graciously, but his thoughts are elsewhere. The interview is just another move in the game, another step in a carefully plotted journey that only he knows the destination of.
Interviewer: "Thank you, Santi. It’s been a pleasure speaking with you, and we’re all looking forward to seeing what you accomplish next."
Santi: "The pleasure’s all mine. Thank you for the opportunity to share my story."
As the interviewer leaves, Santi sits back in his chair, allowing himself a rare moment of introspection. He’s come so far, but there’s still so much to do. The city of New Jakarta is a complex machine, and he’s the one turning the gears. The future he envisions is one of power, control, and legacy—his legacy, not just his family’s. And he won’t stop until every piece of the puzzle falls into place.
End of interview.
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