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North America Pet Food Market Research Report – Segmented By Ingredient, Animal Type, and Country (The United States, Canada and Rest of North America) – Industry Analysis on Size, Share, Trends, COVID-19 and Growth Forecasts (2023 to 2028)

Published: March, 2023
ID: 383
Pages: 145
Formats: report pdf report excel report power bi report ppt

North America Pet Food Market (2023 to 2028)

The North American pet food market has been estimated at USD 31.19 billion in 2023 and is projected to reach USD 37.36 billion by 2028, growing at a CAGR of 3.67% during the forecast period from 2023 to 2028.  

Pet food is made out of plant or animal material for the proper feeding of pet animals. Animals need a certain combination of protein, carbohydrates, fats, vitamins, minerals, and water every day in order to function normally. Necessary vitamins and minerals are included in complete and balanced pet foods.

Pet owners' concern for pets and changing consumer perceptions of pet health are the major reasons behind the growth of the pet food market. The recent rise in the concept of pet humanization, where the pets are being treated with increased care and hygiene is also helping to fuel the demand for pet food products.

Pet allergies and the rise in overeating and lack of physical exercise, due to which obesity in a pet is increasing, are constraining the market growth because pet owners prefer other healthy substitutes.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 to 2028

Base Year

2022

Forecast Period

2023 to 2028

CAGR

3.67%

Segments Covered

By Ingredients, By Animal Type, and Country

Various Analyses Covered

Regional and country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

US, Canada, and the Rest of North America

Market Leaders Profiled

Mars, Inc., Del Monte Foods, Hills Pet Nutrition, INC, Unicharm Corporation, Nippon Formula Feed Manufacturing Company LTD, Pet Center

 

This research report on the North American pet food market is segmented and sub-segmented into the following categories.  

North America Pet Food Market- By Ingredients:

  • Animal Derivatives
  • Fish derivatives
  • Fruits & Vegetables
  • Cereals & Cereal by-products
  • Fats & Oils
  • Vitamins & Minerals, Additives

North America Pet Food Market - By Animal Type:

  • Dog
  • Cat
  • Bird
  • Others

 North America Pet Food Market – By Country:

  • US
  • Canada
  • Rest of North America

The Pet market is being driven mostly by the North American Region which has the largest market share. The North American market is being mainly driven by the US primarily due to sluggish economic growth.

KEY MARKET PLAYERS:

The North American pet food industry is highly concentrated, with ten major players together accounting for more than 50% of the market share, and the remaining market share is distributed among a large number of small manufacturers. Mars, Inc., Del Monte Foods, Hills Pet Nutrition, INC, Unicharm Corporation, Nippon Formula Feed Manufacturing Company LTD, Pet Center, Incorporated (PCI), Nestle Purina PetCare, Nisshin Saifun Group INC. Natural Dog Food Company, Halo, Purely for Pets, Marukan CO. LTD., Nutrena, and Spectrum Brands, INC. are the major companies in the market.

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FAQ's

What is the current size of the Pet Food Market in North America?

As of the latest data, the Pet Food Market in North America is estimated to be valued at USD 31.19 billion.

what is the expected growth value and CAGR of North America pet food market?

North America's pet food market is expected to reach USD 37.36 billion by 2028, growing at a CAGR of 3.67% during the forecast period from 2023 to 2028.  

How does the Pet Food Market address concerns about pet obesity in North America?

The Pet Food Market in North America addresses concerns about pet protein, carbohydrates, fats, vitamins, minerals, and water every day in order to function normally. Necessary vitamins and minerals are included in complete and balanced pet foods.

Which pet species drive the Pet Food Market in North America, particularly in the United States?

Dogs and cats are the primary pet species driving the Pet Food Market in North America, with a diverse range of formulations catering to their nutritional needs.

who are the key market players involved in this market?

. Mars, Inc., Del Monte Foods, Hills Pet Nutrition, INC, Unicharm Corporation, Nippon Formula Feed Manufacturing Company LTD, Pet Center, Incorporated (PCI), Nestle Purina PetCare, Nisshin Saifun Group INC. etc... are some of the major key players involved in this market.

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