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Practical Pet Business- Episode 27 - Are you experience the pet industry growth

Practical Pet Business- Episode 27 - Are you experience the pet industry growth

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On this episode of Practical Pet Business, Lorin and Rob take a closer look at the state of the pet industry and uncover an important truth: while overall industry numbers show steady and even impressive growth, many individual pet businesses aren’t sharing in that success. The question is, why? They dig into the factors behind the disconnect—more competition than ever before, broader product availability across countless channels, and an expanding array of services that compete for the same customers. From big-box retailers to online marketplaces, direct-to-consumer brands to subscription models, the pet industry is more crowded and more competitive than it has ever been. Lorin and Rob discuss how this level of saturation can leave independent businesses and even established brands struggling to carve out their space. But it’s not all challenges—there are also opportunities, if you know how to find them. Lorin and Rob walk through practical ways to spot the difference between genuine opportunities for growth and the shiny objects that may look attractive but don’t deliver long-term, sustainable results. They highlight common traps pet businesses fall into—like chasing every new product fad or trying to be everything to everyone—and share strategies for evaluating whether an expansion of products, services, or business models truly aligns with your goals. From refining your core offerings, to identifying unmet needs in your community, to understanding customer trends and behavior, they provide tools and perspective that business owners can use to make smarter, more confident decisions. They also touch on the mindset shift required to thrive in a fast-moving industry: learning when to adapt, when to stay the course, and how to balance innovation with focus. If you’ve ever wondered why your business doesn’t feel like it’s riding the same wave of growth you see in industry reports—or how to separate the “noise” from the real opportunities that can take your business forward—this is a conversation you don’t want to miss.
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