![2023 Trending Up Economics Concept](https://img.petfoodindustry.com/files/base/wattglobalmedia/all/image/2023/01/pfi.2023-trending-up-economics-concept.png?auto=format%2Ccompress&q=70&w=400)
Continued economic instability is on the horizon, but pet food has some advantages for success. |
Pet food has proven to be one of the most economically resilient industries out there. Through a pandemic and wars, supply chain issues and inflation, labor challenges and consumer-level uncertainty, the pet space — especially pet food — has continued to grow. But resilience isn’t immunity, and economic challenges (current and forecast) are playing a significant role in pet food predictions for 2023.