North America Pet Food Market Size, Share & Industry Trends Analysis Report By Pet Type, By Food Type (Dry Food, Wet Food, Treats & Snacks and Others), By Sales Channel, By Country, Historical Data and Growth Forecast, 2021 - 2027
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Market Report Description
The North America Pet Food Market would witness market growth of 4.1% CAGR during the forecast period (2021-2027).
Pet owners give their pets more care by providing them with more nutritious food, specifically breed and age-specific foods. In addition, Pets are also treated as complete members of the family and receive the same benefits as their owners in terms of treats, snacks, and other specialty foods. Pet parents want their pets to have access to unique, natural, organic, and flavorful ingredients. Considering this trend, manufacturers are producing organic and healthy pet food.
Amino acids, phosphate, specialized additives, vitamins, and other nutritional elements are typically found in pet food. These substances aid in the improvement of an animal's immune system, digestive health, metabolism, and other functions, as well as supporting a pet's healthy growth. To exhilarate ever-increasing consumer demand, industry players are always engaging in research and development efforts and reviewing their product offerings.
According to the National Pet Owners Survey (2021-22) performed by the American Pet Products Association (APPA), around 69 million US households own a dog while 45.3 million individuals own a cat. The figures indicate the massive inclination among the US households to have a pet. In addition, Millennial, Baby Boomer, Gen X, and Gen Z have 32%, 27%, 24%, and 14% pet ownership respectively. In addition, the pet spending has significantly increased in the last few years wherein pet owners started to purchase wellness-related products and other pet care products.
The US market dominated the North America Pet Food Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $29.7 billion by 2027. The Canada market is expected to witness a CAGR of 6.5% during (2021 - 2027). Additionally, The Mexico market is expected to witness a CAGR of 5.5% during (2021 - 2027).
Based on Pet Type, the market is segmented into Dog, Cat and Others. Based on Food Type, the market is segmented into Dry Food, Wet Food, Treats & Snacks and Others. Based on Sales Channel, the market is segmented into Specialized Pet Shops, Supermarkets & Hypermarkets, Online Sales Channel and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Pet Food Market is Estimated to reach $113.7 Billion by 2027, at a CAGR of 4.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Unicharm Corporation (The Hartz Mountain Corporation), Farmina Pet Foods Holding B.V., Nestle S.A. (Nestle Purina), General Mills, Inc., Mars, Inc., The Colgate-Palmolive Company, The Wellness Pet Company (Clearlake Capital Group, L.P.), Schell & Kampeter, Inc., and Archer Daniels Midland Company.
Scope of the Study
Market Segments Covered in the Report:
By Pet Type
- Cat and
By Food Type
- Dry Food
- Wet Food
- Treats & Snacks and
By Sales Channel
- Pet Shops
- Supermarkets & Hypermarkets
- Online and
- Other Channels
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Unicharm Corporation (The Hartz Mountain Corporation)
- Farmina Pet Foods Holding B.V.
- Nestle S.A. (Nestle Purina)
- General Mills, Inc.
- Mars, Inc.
- The Colgate-Palmolive Company
- The Wellness Pet Company (Clearlake Capital Group, L.P.)
- Schell & Kampeter, Inc.
- Archer Daniels Midland Company
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