Market revenue in 2022 | USD 26,538.1 million |
Market revenue in 2030 | USD 35,181.7 million |
Growth rate | 3.6% (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 |
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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 growing popularity of pet food toppers and mixers, coupled with a rise in the subscription of several pet food delivery programs, is contributing to sales in the country. Consumers in the U.S. are more aware of the ingredients used in pet food formulations and willing to pay high prices for such quality products.
As per a survey conducted by Chewy in 2022, around 73% of pet owners said that the health of their pet is as important to them as that of their family members. Thus, they are willing to pay high prices for quality and customized products for their pet.
Additionally, mounting demand for minimally processed and natural ingredients is projected to contribute to the sales of natural and organic pet food products in the country over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. pet food market , including forecasts for subscribers. This country databook contains high-level insights into U.S. pet food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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