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Annalect Research: U.S. Pet Owners
Nearly 60% of U.S. households or approximately 83 million families are pet owners, and many of them are spending a substantial amount of money on the care and feeding of their furry and scaly friends. With pet humanization being the driving factor, the pet market is projected to earn $61…
The Community that Should be on Everyone’s Radar: the LGBT Segment
The LGBT segment is a dynamic and diverse population which spans across all ages, ethnicities and social status. At approximately 9 million strong, their total buying power is projected to be $830 billion — which offers great opportunities to manufacturers and retailers. There has been an increased prevalence of LGBT…
Annalect Research: The U.S. Asian-American
The Asian-American community is one of the most diverse communities in the U.S. At 16 million strong, US Asians represent about 6% of the total population, up 22% since 2010. Asian-Americans are slightly younger than the total U.S. population, with 40% under 34 year old, compared to 29% of the…