North America Pet Food Market Size & Outlook, 2022-2030
North America pet food market, 2018-2030 (US$M)
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North America pet food market highlights
- The North America pet food market generated a revenue of USD 33,494.5 million in 2022.
- The market is expected to grow at a CAGR of 3.8% from 2023 to 2030.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 33,494.5 million |
| Market revenue in 2030 | USD 45,186.4 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 33.8% of the global pet food market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 28,240.9 million by 2030.
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Pet Food Market Scope
Pet Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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.
The demand for pet food in North America is primarily driven by rising consumer awareness regarding the benefits of the product on pet health along with the increasing trend of humanization of pets. The U.S. dominated the North American pet food market in 2022 owing to the high percentage of pet ownership along with the presence of a well-developed pet food industry in the country.
At present, the country is considered among the top five markets across the globe in terms of population of cats, dogs, and fish. As per the National Pet Owners Survey by American Pet Products Association 2021-2022, around USD 90.5 million households in the region own pets which is equivalent to around 70% of total homes.
Pet ownership comprises 69 million dogs followed by 45.3 million cats, 99 million birds, and 11.8 million freshwater fishes. The outbreak of the COVID-19 pandemic in 2020 in the region affected the supply of raw materials and ingredients and disrupted supply chains, especially in the U.S. Factors such as disruption in the supply chain and logistics and economic crisis hampered the demand for pet food in North America in the first half of 2020.
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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 continent-level data and insights on the North America pet food market , including forecasts for subscribers. This continent databook contains high-level insights into North America pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America Pet Food Market Outlook Share, 2022 & 2030 (US$M)
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