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    United States Pet Food Market, Size, Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis

    Excel: 8 Hours
    PDF: 24 Hours
    Jan 2023
    Pages: 145

    United States Pet Food Market Outlook

    United States Pet Food Market will reach US$ 62.41 Billion by 2028 according to Renub Research. Pet food refers to animal feed intended for consumption by pets and is mainly sold in pet stores and supermarkets. Some components used to prepare pet food are meat, peas, corn, barley, seafood, feed grain, and poultry. Pet food also provides several health benefits, such as boosting immunity, improving life expectancy, maintaining a healthy weight, reducing the risk of skin ailments and allergies, and minimizing digestive disorders in the U.S.

    united-states-pet-food-market

    In addition, innovative manufacturing technology, such as automating formulation, batching, drying, coating, and liquid delivery, is helping companies achieve cost efficiency and ensure product quality. As per our research findings, United States Pet Food Market is expected to grow with a CAGR of 5.56% during the forecast period of 2022 to 2028.


    United States Pet Food Companies News


    M Smucker

    In Sept 2023, J.M. Smucker Co. sold several pet food brands to Post Holdings for US$ 1.2 Billion. The deal includes US$ 700 Million in cash and around 5.39 Million shares of Post Holdings’ common stock.


    General Mills (Blue Buffalo)

    In Nov 2023, General Mills, Inc. acquired Fera Pets, Inc., a veterinarian-founded pet supplement company, diversifying its pet portfolio with health-focused offerings. This marks General Mills' debut in the pet supplement sector and the first acquisition by its newly established growth equity fund.

    In July 2021, General Mills concluded the US$ 1.2 Billion cash acquisition of Tyson Foods' pet treats business, comprising renowned brands like Nudges, Top Chews, and True Chews. This acquisition strengthens General Mills' position as a leader in natural meat treats for pets.

    In April 2018, General Mills, Inc. acquired Blue Buffalo Pet Products, Inc. for US$ 8.0 Billion in cash, establishing leadership in the Wholesome Natural pet food category. This accelerates General Mills' portfolio reshaping in the US$ 30 Billion U.S. pet food market.


    Tyson Foods

    In Oct. 2023, Tyson Foods revealed a strategic investment with insect protein startup Protix to expand insect ingredient usage in the food system. Tyson will acquire a minority stake in Protix with undisclosed financial terms.

    In Aug 2021, Tyson Pet Products debuted True Meals, its inaugural complete-and-balanced dog food line, emphasizing nutrition, taste, and texture as primary selling features.


    Colgate Palmolive

    In Jan 2023, Colgate-Palmolive announced Hill's Pet Nutrition's expansion to enhance its Prescription Diet portfolio.

    In Aug 2022, Colgate-Palmolive revealed plans to buy three dry pet food manufacturing plants from Red Collar Pet Foods for US$ 700 Million to bolster Hill's Pet Nutrition's global growth.

    In Oct 2023, Hill's Pet Nutrition, under Colgate-Palmolive, inaugurated a cutting-edge manufacturing facility in Tonganoxie, Kansas.


    Spectrum Brands Holdings IN

    In August 2023, Spectrum Brands, Inc., a leading supplier of pet products of exceptional value and quality for dogs, cats, birds, fish, and small animals, announced the launch of Meowee cat treats.


    Central Garden & Pet

    In Feb 2023, Nylabone, a Central Garden & Pet Company brand, introduced two new chewing treat lines: a meaty dog chew and an all-in-one chew treat toy. 

    Nov 2023 saw Central Garden & Pet acquiring TDBBS, LLC, enriching its portfolio with premium natural dog chews and treats, enhancing eCommerce and digital capabilities.


    Nestle SA.

    In April 2020, Nestlé Purina PetCare acquired Lily's Kitchen, the UK's top producer of premium natural pet food for dogs and cats. Lily's Kitchen's product range synergizes well with Purina's existing brand portfolio.


    United States Pet Food Industry was valued at US$ 45.11 Billion in 2022

    According to American Pet Product Association (APPA), National Pet Owners' data shows 90.5 million households in America own a pet, equivalent to almost 70% of homes in 2021-2022. The U.S. pet food market is categorized into different varieties such as Dogs food, Cat food, and other food (Bird Food, Fish Food, and Small Mammals/Reptiles Food) Market.


    In addition, the humanization of pets has encouraged owners to treat their pets like family. The increasing concern for pets' well-being and healthy growth has increased owners' expenditure on nutritious pet food. Furthermore,  increased pet humanization, rapid urbanization, high-income levels, changing consumer behavior, the broad availability of natural pet food, rising awareness of pet nutrition, and the emergence of an e-commerce platform have driven the growth of the U.S. pet food market.


    However, the United States pet food market has highly regulated, which involves considerable compliance costs to manufacturers in terms of certification, equipment maintenance, and personnel training expenses has restrained the U.S. pet food market.


    Animal Type: Dry Dog Food holds the Largest Market Share

    Based on Animal Type, the U.S. Pet Food Market is segmented into Dog Food, Cat Food, and Others. However, Dog Pet Food is further classified into four types Dry Dog Food, Wet Dog Food, Frozen/Refrigerated Dog Food, and Dog Biscuits/Treats/Beverages. Dry Dog Food holds the largest market share because the high demand for low carbohydrate diet and protein, grain-free pet food is the fastest growing areas of the U.S. pet food industry, the launch of dog treats and nutrition-rich food, a High amount related to the maintenance and well-being of dogs, and rising consumer awareness regarding pet health has led to another specific reason contributing to the growth of the segment.


    Furthermore, Dry Cat Food also holds the significant revenue in the forecast period due to owning more than one cat witnessing consonant growth. In addition, cats require less training than dogs and can spend more time alone. Besides, the cost of owing cats is relatively low compared to that of dogs. The market is classified into four types Dry Cat Food, Wet Cat Food, Frozen/Refrigerated Cat Food, and Cat Biscuits/Treats/Beverages.


    Ingredients: Amino Acids is Predicted to Dominate the Revenue in the Forecast Period

    Based on Ingredients, Amino Acids is expected to dominate the revenue in the forecast period due to the rising consumption of food of animal origin, high-quality protein, and omega-3 fatty acids. When added to food, these substances increase the nutritional value of the feed and provide benefits such as increased growth rate, increased protein digestibility, enhanced feed conversion, enhanced immune system, decreased mortality of aquatic species, increased yield in animal products, efforts to ensure quality and standardization, and protection of animal health stand out as the main factor boosting the market.


    Thus, it is anticipated that raising awareness among pet food manufacturers of the nutritional benefits of protein-rich ingredients will increase the supply of these ingredients. The U.S. Pet Food Market is categorized into nine types Amino Acid, Phosphates, Minerals, Acidifiers, Mycotoxin Detoxifier, Enzymes, Speciality Proteins, Vitamins, and Others.


    Key Player Analysis:

    Some major key players in the United State Pet  Food Market include J.M Smucker, General Mills (Blue Buffalo), Tyson Foods, Colgate Palmolive, SPECTRUM BRANDS HOLDINGS, INC, Central Garden & Pet, and Nestle SA.

    • In March 2021, Mars Inc., pet food manufacturer based in the U.S., invested US$ 200 Million to increase its Royal Canin Plant in Lebanon.
    • In May 2021, Nestlé Purina PetCare completed a $19 Million expansion project in Dunkirk, New York. It will increase production capacity for a new cat treat innovation, Fancy Feast Savory Cravings that keeps the cutting edge of form and function.

     

    united-states-pet-food-market-share

    Animal Type: United State Food Market breakup from two viewpoints

    1.    Dog Food – Market breakup from 4 viewpoints

    1.    Dry Dog Food
    2.    Wet Dog Food
    3.    Frozen/Refrigerated Dog Food
    4.    Dog Biscuits/Treats/Beverages


    2.    Cat Food - Market breakup from 4 viewpoints

    1.    Dry Cat Food
    2.    Wet Cat Food
    3.    Frozen/Refrigerated Cat Food
    4.    Cat Biscuits/Treats/Beverages


    Ingredient Type: United State Food Market breakup from nine viewpoints

    1.     Amino Acid
    2.    Phosphates
    3.    Minerals
    4.     Acidifiers
    5.    Mycotoxin Detoxifier
    6.    Enzymes
    7.    Specialty Proteins
    8.     Vitamins
    9.    Other


    Key Players Analysis:

    1.    Overview
    2.    Recent Developments
    3.    Financial Insights


    Company Analysis:

    1.    J.M   Smucker
    2.    General Mills (Blue Buffalo)
    3.    Tyson Foods
    4.    Colgate Palmolive
    5.    SPECTRUM BRANDS HOLDINGS
    6.    INC. Central Garden & Pet
    7.    Nestle SA


    Report Details:

    Report Features Details
    Base Year 2022
    Historical Period 2018 - 2022
    Forecast Period 2023 - 2028
    Market US$ Billion
    Segment Covered Animal Type, and Ingredient Type
    Companies Covered J.M Smucker, General Mills (Blue Buffalo), Tyson Foods, Colgate Palmolive, SPECTRUM BRANDS HOLDINGS, INC., Central Garden & Pet, and Nestle SA
    Customization Scope 20% Free Customization
    Post-Sale Analyst Support 1 Year (52 Weeks)
    Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

    1.    Introduction

    2.    Research & Methodology

    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenge


    5.    United States Pet Food Market

    6.    Market Share – United States Pet Food Analysis

    6.1    By Animal
    6.2    By Type

    6.2.1    Dog
    6.2.2    Cat

    6.3    By Ingredients


    7.    Animal – United States Pet Food Market

    7.1    Dog
    7.2    Cat
    7.3    Others


    8.    Type – United States Pet Food Market

    8.1    Dog

    8.1.1    Dry Dog Food
    8.1.2    Wet Dog Food
    8.1.3    Frozen/Refrigerated Dog Food
    8.1.4    Dog Biscuits/Treats/Beverages

    8.2    Cat

    8.2.1    Dry Cat Food
    8.2.2    Wet Cat Food
    8.2.3    Frozen/Refrigerated Cat Food
    8.2.4    Cat Biscuits/Treats/Beverages


    9.    Ingredients – United States Pet Food Market

    9.1    Amino Acid
    9.2    Phosphates
    9.3    Minerals
    9.4    Acidifiers
    9.5    Mycotoxin Detoxifier
    9.6    Enzymes
    9.7    Speciality Proteins
    9.8    Vitamins
    9.9    Others


    10.    Key Players Analysis

    10.1     J.M Smucker

    10.1.1    Business Overview
    10.1.2    Recent Development
    10.1.3    Sales Analysis 

    10.2    General Mills (Blue Buffalo)

    10.2.1    Business Overview
    10.2.2    Recent Development
    10.2.3    Sales Analysis

    10.3    Tyson Foods

    10.3.1    Business Overview
    10.3.2    Recent Development
    10.3.3    Sales Analysis

    10.4    Colgate Palmolive

    10.4.1    Business Overview
    10.4.2    Recent Development
    10.4.3    Sales Analysis

    10.5    SPECTRUM BRANDS HOLDINGS, INC.

    10.5.1    Business Overview
    10.5.2    Recent Development
    10.5.3    Sales Analysis

    10.6    Central Garden & Pet

    10.6.1    Business Overview
    10.6.2    Recent Development
    10.6.3    Sales Analysis

    10.7    Nestle SA

    10.7.1    Business Overview
    10.7.2    Sales Analysis
    10.7.3    Recent Development


    List of Figures:

    Figure-01:    United States – Pet Food Market (Billion US$), 2018 – 2022
    Figure-02:    United States – Forecast for Pet Food Market (Billion US$), 2023 – 2028
    Figure-03:    Animal – Dog Food Market (Billion US$), 2018 – 2022
    Figure-04:    Animal – Forecast for Dog Food Market (Billion US$), 2023 – 2028
    Figure-05:    Animal – Cat Food Market (Billion US$), 2018 – 2022
    Figure-06:    Animal – Forecast for Cat Food Market (Billion US$), 2023 – 2028
    Figure-07:    Animal – Others Food Market (Million US$), 2018 – 2022
    Figure-08:    Animal – Forecast for Others Food Market (Million US$), 2023 – 2028
    Figure-09:    Type – Dry Dog Food Market (Billion US$), 2018 – 2022
    Figure-10:    Type – Forecast for Dry Dog Food Market (Billion US$), 2023 – 2028
    Figure-11:    Type – Wet Dog Food Market (Billion US$), 2018 – 2022
    Figure-12:    Type – Forecast for Wet Dog Food Market (Billion US$), 2023 – 2028
    Figure-13:    Type – Frozen/Refrigerated Dog Food Market (Million US$), 2018 – 2022
    Figure-14:    Type – Forecast for Frozen/Refrigerated Dog Food Market (Million US$), 2023 – 2028
    Figure-15:    Type – Dog Biscuits/Treats/Beverages Market (Billion US$), 2018 – 2022
    Figure-16:    Type – Forecast for Dog Biscuits/Treats/Beverages Market (Billion US$), 2023 – 2028
    Figure-17:    Type – Dry Cat Food Market (Billion US$), 2018 – 2022
    Figure-18:    Type – Forecast for Dry Cat Food Market (Billion US$), 2023 – 2028
    Figure-19:    Type – Wet Cat Food Market (Billion US$), 2018 – 2022
    Figure-20:    Type – Forecast for Wet Cat Food Market (Billion US$), 2023 – 2028
    Figure-21:    Type – Frozen/Refrigerated Cat Food Market (Million US$), 2018 – 2022
    Figure-22:    Type – Forecast for Frozen/Refrigerated Cat Food Market (Million US$), 2023 – 2028
    Figure-23:    Type – Cat Biscuits/Treats/Beverages Market (Million US$), 2018 – 2022
    Figure-24:    Type – Forecast for Cat Biscuits/Treats/Beverages Market (Million US$), 2023 – 2028
    Figure-25:    Ingredients – Amino Acid Market (Billion US$), 2018 – 2022
    Figure-26:    Ingredients – Forecast for Amino Acid Market (Billion US$), 2023 – 2028
    Figure-27:    Ingredients – Phosphates Market (Billion US$), 2018 – 2022
    Figure-28:    Ingredients – Forecast for Phosphates Market (Billion US$), 2023 – 2028
    Figure-29:    Ingredients – Minerals Market (Billion US$), 2018 – 2022
    Figure-30:    Ingredients – Forecast for Minerals Market (Billion US$), 2023 – 2028
    Figure-31:    Ingredients – Acidifiers Market (Billion US$), 2018 – 2022
    Figure-32:    Ingredients – Forecast for Acidifiers Market (Billion US$), 2023 – 2028
    Figure-33:    Ingredients – Mycotoxin Detoxifier Market (Billion US$), 2018 – 2022
    Figure-34:    Ingredients – Forecast for Mycotoxin Detoxifier Market (Billion US$), 2023 – 2028
    Figure-35:    Ingredients – Enzymes Market (Billion US$), 2018 – 2022
    Figure-36:    Ingredients – Forecast for Enzymes Market (Billion US$), 2023 – 2028
    Figure-37:    Ingredients – Speciality Proteins Market (Billion US$), 2018 – 2022
    Figure-38:    Ingredients – Forecast for Speciality Proteins Market (Billion US$), 2023 – 2028
    Figure-39:    Ingredients – Vitamins Market (Billion US$), 2018 – 2022
    Figure-40:    Ingredients – Forecast for Vitamins Market (Billion US$), 2023 – 2028
    Figure-41:    Ingredients – Others Market (Billion US$), 2018 – 2022
    Figure-42:    Ingredients – Forecast for Others Market (Billion US$), 2023 – 2028
    Figure-43:     J.M Smucker – Global Revenue (Billion US$), 2018 – 2022
    Figure-44:     J.M Smucker – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-45:    General Mills (Blue Buffalo) – Global Revenue (Billion US$), 2018 – 2022
    Figure-46:    General Mills (Blue Buffalo) – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-47:    Tyson Foods – Global Revenue (Billion US$), 2018 – 2022
    Figure-48:    Tyson Foods – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-49:    Colgate Palmolive – Global Revenue (Billion US$), 2018 – 2022
    Figure-50:    Colgate Palmolive – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-51:    SPECTRUM BRANDS HOLDINGS, INC. – Global Revenue (Million US$), 2018 – 2022
    Figure-52:    SPECTRUM BRANDS HOLDINGS, INC. – Forecast for Global Revenue (Million US$), 2023 – 2028
    Figure-53:    Central Garden & Pet – Global Revenue (Billion US$), 2018 – 2022
    Figure-54:    Central Garden & Pet – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-55:    Nestle SA – Global Revenue (Billion US$), 2018 – 2022
    Figure-56:    Nestle SA – Forecast for Global Revenue (Billion US$), 2023 – 2028


    List of Tables:

    Table-01:    United States – Pet Food Market Share by Animal (Percent), 2018 – 2022
    Table-02:    United States – Forecast for Pet Food Market Share by Animal (Percent), 2023 – 2028
    Table-03:    United States – Dog Pet Food Market Share by Type (Percent), 2018 – 2022
    Table-04:    United States – Forecast for Dog Pet Food Market Share by Type (Percent), 2023 – 2028
    Table-05:    United States – Cat Pet Food Market Share by Type (Percent), 2018 – 2022
    Table-06:    United States – Forecast for Cat Pet Food Market Share by Type (Percent), 2023 – 2028
    Table-07:    United States – Pet Food Market Share by Ingredients (Percent), 2018 – 2022
    Table-08:    United States – Forecast for Pet Food Market Share by Ingredients (Percent), 2023 – 2028

    • Description
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    • Chapter 1, 4 & 5     Pages : 8
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    • Chapter 7     Pages : 6
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    • Chapter 8.1     Pages : 8
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    • Chapter 8.2     Pages : 8
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    • Chapter 9     Pages : 18
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    • Chapter 10.1     Pages : 5
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    • Chapter 10.2     Pages : 5
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    • Chapter 10.3     Pages : 5
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    • Chapter 10.4     Pages : 5
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    • Chapter 10.5     Pages : 5
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    • Chapter 10.6     Pages : 5
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    • Chapter 10.7     Pages : 5
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