The United States pet food market size is
anticipated to grow at impressive CAGR during the forecast period. The term
"pet food" describes a food product designed to satisfy the taste
buds and meet the nutritional needs of domesticated animals. Meat, peas, corn,
barley, seafood, feed grain, and poultry are some of the ingredients used to
make pet food. Pet food also has a number of health advantages, including
enhancing immunity, lengthening life expectancy, preserving a healthy weight,
lowering the risk of allergies and skin conditions, and minimizing digestive
issues. The humanization of pets in recent years has inspired owners to treat
their animals like members of the family. Owners now spend more money on
wholesome pet
food as they become more concerned about their animals' wellbeing and healthy
development. As a result, producers are putting more effort into finding
ethically sound products and implementing modifications to the manufacturing
process. 66% of U.S. households, or about 86.9 million households, own a pet,
according to the 2023-2024 National Pet Owners Survey conducted by the American
Pet Products Association (APPA).
The US market is characterized by high levels of
consumer awareness and interest in ingredient content. A wide range of Old
Mother Hubbard Classic products are offered on various online retail sites. A
significant opportunity for low-cost marketing of the innovative and novel
product lines created by emerging companies is the growing penetration of the
e-commerce sector. Along with rising prices for pet foods in the nation,
numerous players are launching cutting-edge products that are driving the
market.
The industry for pet food is driven by pet
humanization. Spending on premium, sustainable, and organic goods has also
increased due to the growing interest in pet nutrition and health. Branded and
highly nutritious food items are preferred by high income households.
United States Pet Food Market Trends
The main driver of growth in the pet food industry
in the US is the rising adoption of pets as a result of the high rate of family
nuclearization. In addition, with high income levels and shifting consumer
preferences, packaged and branded pet food demand has grown nationwide.
Additionally, the market growth has been aided by the widespread availability
of natural pet food and the emergence of e-commerce platforms. Furthermore, the
demand for nutrient-rich, energy-dense pet food products that are healthy and
safe for consumption has been boosted by shifting attitudes toward pet
ownership and an increase in pet owners' awareness of pet health. As a result,
many producers have released organic and natural food items devoid of
artificial fertilizers, pesticides, antibiotics, artificial coloring, and
chemical by-products. They have additionally created creative product
variations with flavor enhancers and longer shelf lives.
New Product Launches Fuels Market Growth
Manufacturers are launching new products due to
high demand of these products in United States. For instance, PawCo launched
the availability of its proprietary, meat-free plant-based dog
food. It includes all the vital vitamins, minerals, and amino acids that the
majority of adult dogs require to thrive. A variety of fruit and vegetables are
combined with plant-based protein in its product offerings, such as peanut
butter and apples, green mix and carrots, and blueberries and vegetables. The
foods are also suggested for allergic pets because they don't contain any
animal products.
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Rising Pet Ownership Aids Market Growth
One of the key factors driving the market is
anticipated to be the rising pet ownership rate across the globe, particularly
in developed nations like United States. Pet owners are more likely to choose
wholesome, high-quality food for their animals as a result of the trend toward
treating pets as human beings, which further accelerates the market growth.
Additionally, consumers are encouraged to spend money on organic products to
maintain the health of their pets by the rising per capita income of consumers.
However, another growth-promoting factor for the pet food market in United
States is the simple availability of goods in various price ranges.
Market Segmentation
United States pet food market is segmented into pet
type, food type, distribution channel, region, and company. Based on pet type,
the market is segmented into dog, cat, fish and others. Based on food type, the
market is segmented into dry, wet, others. Based on distribution channels, the
market is segmented into supermarket/hypermarket, pet shop/ pet specialty shop,
butcher and online.
Market Players
Nestlé Purina PetCare Company (Nestle S.A.), Mars Inc., Diamond Pet Foods,
Inc. (SCHELL & KAMPETER, INC.), The J.M. Smucker Company, Colgate-Palmolive
Company, Blue Buffalo Company, Ltd., The Hartz Mountain Corporation, Wellness
Pet Company, Inc., Simmons Foods, Inc., Stella & Chewy’s, LLC are the major market players in United States pet
food market.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report Coverage
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Revenue forecast, company share, competitive
landscape, growth factors, and trends
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Segments Covered
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- Pet Type
- Food Type
- Distribution Channel
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Regional scope
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South, West, Mid-West, North-East
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Key companies profiled
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Nestlé Purina PetCare Company (Nestle S.A.), Mars Inc., Diamond Pet
Foods, Inc. (SCHELL & KAMPETER, INC.), The J.M. Smucker Company,
Colgate-Palmolive Company, Blue Buffalo Company, Ltd., The Hartz Mountain
Corporation, Wellness Pet Company, Inc., Simmons Foods, Inc., Stella &
Chewy’s, LLC, etc.
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Customization scope
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10% free report customization with purchase.
Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore
purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide
the editable version of the report in PPT/Word format on special request)
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Report Scope:
In this report, United States pet food market has been segmented into the following
categories, in addition to the industry trends which have also been detailed
below:
- United
States Pet Food Market, By Pet Type:
- United
States Pet Food Market, By Food Type:
- United
States Pet Food Market, By Distribution Channel:
- Supermarket/Hypermarket
- Pet Shop/ Pet Specialty
Shop
- Butcher
- Online
- United
States Pet Food Market, By Region:
- South
- West
- Mid-West
- North-East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in United States pet food market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
United States Pet Food Market is an upcoming report
to be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]