Canada Pet Food Market Size & Outlook, 2022-2030
Canada pet food market, 2018-2030 (US$M)
Related Markets
Canada pet food market highlights
- The Canada pet food market generated a revenue of USD 3,004.4 million in 2022 and is expected to reach USD 4,179.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
Pet food market data book summary
| Market revenue in 2022 | USD 3,004.4 million |
| Market revenue in 2030 | USD 4,179.5 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | |
| Key market players worldwide | JM Smucker Co, Nestle Purina Petcare, Mars Group Holdings Corp, Colgate-Palmolive Co, General Mills Inc, The Hartz Mountain Corporation, Lupus Foder, Total Alimentação, WellPet Humane |
Other key industry trends
- In terms of revenue, Canada accounted for 3.0% of the global pet food market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pet food market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,179.5 million by 2030.
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Pet Food Market Scope
Pet Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada pet food market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet food market will help companies and investors design strategic landscapes.
Canada is another key pet food market in North America and expected to register significant growth rate over the forecast period due to the increasing adoption of pets in last few years by both young and aging population, thus making pet ownership a new trend.
According to a report by the Government of Canada, the country at present is the 8th largest exporter of pet food products, especially cat and dog food products worldwide. Canada is also a prominent supplier of pet food products to the East Asian market with the share of imports from Canada increasing from 4 to 9% in the last 5 years.
Increasing number of hypermarkets and pet specialty stores has resulted in an increase in the distribution channels, which is one of the major driving factors for the pet food market in Canada. Ecommerce has emerged as the fastest-growing pet food distribution channel in the country and has driven competition by placing both small and large-scale manufacturers on the same platform.
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Our clientele includes a mix of pet food market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada pet food market , including forecasts for subscribers. This country databook contains high-level insights into Canada pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada Pet Food Market Outlook Share, 2022 & 2030 (US$M)
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