US Pet Food Market 2023 | Size Worth US$ 53.8 Billion by 2028 | Growth Rate (CAGR) of 3.9% - IMARC Group

The latest report by IMARC Group, titled "𝐔𝐒 𝐏𝐞𝐭 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖", offers a comprehensive analysis of the industry, which comprises insights on the US pet food market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The US pet food market size reached US$ 42.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 53.8 Billion by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.

Pet food represents highly nutritious and energy-dense food that is specifically prepared to meet the nutritional requirements of pets. It aids in reducing skin diseases and allergies, boosting immunity, minimizing digestive disorders, improving life expectancy, maintaining a healthy weight, etc. Pet food provides adequate nutrition that is essential for performing everyday activities, repairing muscles, teeth and bones, haircoat healthy and shiny, etc. Based on the texture, it generally comes in the form of kibble, liquid supplements, snacks, treats, pellets, etc., and is commonly available in cans, bags, pouches, and trays of varying sizes and shapes.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/us-pet-food-market/requestsample

Market Trends:

The increasing number of various animal health clinics, shelters, and service centers is primarily driving the US pet food market. Additionally, the widespread product adoption with customized diets and meal plans accompanied by door-step delivery is further catalyzing the market growth. Besides this, the rising awareness among pet owners towards the harmful effects of chemical preservatives, synthetic ingredients, antibiotics, and chemical by-products has encouraged them to opt for pet food that is free from artificial flavors, pesticides, or genetically modified organisms (GMOs), which is acting as another significant growth-inducing factor.

Moreover, the escalating demand for pet food with flavor enhancers and prolonged shelf life is also bolstering the market growth in the country. Apart from this, the development of high-quality and organic variants is anticipated to fuel the US pet food market over the forecasted period.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/us-pet-food-market

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞𝐬𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

• Nestlé Purina PetCare
• Mars Petcare Inc.
• Big Heart Pet Brands
• Hill's Pet Nutrition
• Diamond Pet Foods
• Blue Buffalo

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Breakup by Pet Type:

• Dog Food
• Cat Food
• Others

Breakup by Distribution Channel:

• Supermarkets And Hypermarkets
• Specialty Stores
• Online
• Others

Breakup by Product Type:

• Dry Pet Food
• Wet And Canned Pet Food
• Snacks And Treats

Breakup by Pricing Type:

• Mass Products
• Premium Products

Breakup by Ingredient Type:

• Animal
• Plant-derived Segments

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

TOC for the Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

𝐍𝐨𝐭𝐞: 𝐈𝐟 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐬𝐜𝐨𝐩𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐰𝐞 𝐜𝐚𝐧 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐢𝐭 𝐭𝐨 𝐲𝐨𝐮 𝐚𝐬 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧.

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