1、THE DEAL HOUNDExplore M&A Activity,Capital Market Conditions and Current Trends for the Pet Industry1H 2023Investment Banking&Securities Offered Through SDR Capital Markets,LLC,Member FINRA&SIPC.720.221.9220|SDRVENTURES.COMTHE DEAL HOUND2H 2022 2H 2022|VOL 13|ISSUE 2720.221.9220|SDRVENTURES.COMInves

2、tment Banking and Securities Offered Through SDR Capital Markets,LLC,Member FINRA and SIPC.THE DEAL HOUND 1H23:WHAT TO KNOW InflationInflation is is real,real,andand costscosts areare up,up,yetyet petpet productproduct revenuerevenue continuescontinues toto riserise duedue inin partpart toto thoseth

3、ose higherhigher pricesprices.PetPet ownersowners appearappear willingwilling toto keepkeep spendingspending asas newnew productsproducts andand servicesservices emergeemerge andand producersproducers largelarge andand smallsmall areare focusedfocused onon innovationinnovation.AdvancementsAdvancemen

4、ts inin petpet foodfood is is a a trendtrend worthworth watchingwatching.A A bagbag ofof chowchow fromfrom thethe farmfarm supplysupply storestore doesntdoesnt cutcut it it anymoreanymore.ThinkThink customcustom menus,menus,freshfresh foodfood subscriptions,subscriptions,rawraw goatgoat milk,milk,an

5、dand probioticprobiotic digestivedigestive aidsaids.SustainableSustainable packagingpackaging is is onon thethe move,move,challengingchallenging producersproducers andand distributorsdistributors toto findfind better,better,moremore environmentallyenvironmentally friendlyfriendly waysways toto packa

6、gepackage andand deliverdeliver productsproducts withoutwithout sacrificingsacrificing marketingmarketing andand safetysafety.PricierPricier Pups,Pups,CostlierCostlier KittensKittens:HigherHigher CostsCosts DriveDrive PetPet RevenueRevenue If pet parents are learning anything in this period of heigh