Global Pet Food Market, 2016 – 2022


U.S. pet food market is expected to reach USD 30.01 billion in 2022 and is anticipated to grow at a CAGR of 3.36

Published By: Zion Market Research

U.S Pet Food Market Is Expected to Reach above

USD 30.01 billion in 2022

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Pet Food Market

Zion Market Research has published a new report titled “Pet Food Market (Wet Food, Dry

Food, Nutrition, Snacks and Others) for Cats, Dogs, and Other Animals: U.S Industry

Perspective, Comprehensive Analysis, and Forecast, 2016 2022”. According to the

report, U.S. pet food market was valued at over USD 24.60 billion in 2016, is expected to reach

above USD 30.01 billion in 2022 and is anticipated to grow at a CAGR of slightly above 3.36%

between 2017 and 2022.

Pet food is convenient to use and is extremely loved by the pets owing to great taste and huge

meat content. Pet food is available in various forms such as dry, wet, snacks and nutritious

which offers variety for the pet owners. Typically sold in pet stores and supermarkets, it is

usually specific to the type of animal, such as dog food or cat food. Most meat used for

nonhuman animals is a byproduct of the human food industry.

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Pet Food Market

The sharp rise in pet humanization and concerns along with increasing disposable income is

expected to fuel the growth of the pet food market in near future. Reluctance for daily cooking

in the majority of the U.S populace is likely to urge the market growth in coming years.

Availability of different pet food products in the market may impel the growth of the market in

the forecast period. Growing occurrence of obese pets had regulated various laws for nutrition

content of the pet food which may obstruct the growth of the pet food market in coming years.

Nevertheless, the introduction of high nutritious value food is expected to endow the pet food

market with ample opportunities in the forecast period.

Some of the major pet food products include dry food, wet food, nutrition food, snacks and

others. Dry food held the major slice of the pie in 2015 and is likely to clutch the market in the

coming years. Dry food encompasses longer shelf life as compared to wet food coupled with

ease of storage. Yet, nutrition food is likely to uphold the pet food market in the near future

owing to growing anxiety for pet’ health. Dogs, cats, and others are the major end users for the

pet food market. The other segment includes birds and fish. Dogs segment dominated the

market owing to the majority of the pet food are consumed by dogs. Cats segment is expected

to be the fastest growing segment owing to growing affection towards cats.

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Pet Food Market

In the pet food market, U.S was the highest revenue generating region across the globe in

2015. It was noted that around 60 % of houses possess pets in U.S which in turn drives the pet

food market. U.S ranked first in the pet population across the globe in 2015, this may impetus

on the growth of the pet food market in upcoming years. Moreover, the growing concern for

pet’s health has resulted in high expenditure on pets in the U.S. This trend is expected to drive

the pet food market in this region. Increasing vogue for different pets may persuade the pet

food market growth in coming years. Increasing disposable income is anticipated to trigger the

growth of pet food market in this region in the coming years.

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Some of the global major players in the pet food are Mars Petcare Inc., Big Heart Pet Brands,

P&G PetCare, Nestle Purina PetCare, Hill’s Pet Nutrition, Diamond Pet Foods, Deuerer, Blue

Buffalo, WellPet and Heristo AG. Mars and Nestle are the major contributors bolstering the

growth of the pet food market in U.S.

Pet Food Market

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