Pet Food Market in US by Product, Distribution channel, and Type - Forecast and Analysis 2022-2026

Published: Mar 2022 Pages: 120 SKU: IRTNTR72717

The pet food market share in the US is expected to increase by USD 13.13 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.35%.

This pet food market in US research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers US pet food market segmentation by product (dry pet food, wet pet food, and pet snacks and treats), distribution channel (offline and online), and type (dog food, cat food, and other small pet food). The pet food market in US report also offers information on several market vendors, including Colgate Palmolive Co., General Mills Inc., JustFoodForDogs LLC, Manna Pro Products LLC, Mars Inc., Nestle SA, Spectrum Brands Holdings Inc., J.M. Smucker Co., Tyson Foods Inc., and Volkman Pet Products among others.

What will the Pet Food Market Size in US be During the Forecast Period?

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Pet Food Market in US: Key Drivers, Trends, and Challenges

The rising awareness of pet nutrition is notably driving the US pet food market growth, although factors such as stringent regulations may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the US pet food industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Pet Food Market Driver in US

  • One of the key factors driving the pet food market growth in US is the rising awareness of pet nutrition.
  • In cats and dogs, macadamia nuts are highly poisonous, causing depression, vomiting, muscle spasms, heat, and tachycardia. Even if homemade diets manufactured by pet owners using organic and vegetarian products are consumed, nutritional deficits in pets may still occur.
  • Human delicacies like raisins, grapes, and chocolates are known to be damaging to pets' health. For example, methylxanthines found in chocolates, such as caffeine and theobromine, can cause diarrhea, cardiac arrhythmias, convulsions, polyuria, and death in dogs.
  • The pet diets must meet the needs of different ages and weights. For example, a puppy's dietary needs in terms of metabolism, immunology, and body composition differ dramatically from those of an adult dog. As a result, pet owners are increasingly turning to specialized, functional pet food items rather than handmade recipes. Such factors will drive the market growth during the forecast period.

Key Pet Food Market Trend in US

  • Sustainability and biotechnology are becoming increasingly important in the formulation of pet foods, which is one of the key pet food market trends in US that is expected to stimulate the development of new products in the market during the forecast period.
  • Vendors are increasingly experimenting with biotechnology to offer cruelty-free, healthy, and sustainable alternatives to conventional pet foods as more people become aware of the need for sustainability and reducing the carbon footprint.
  • Good Protein dog snacks containing Aspergillus oryzae (koji mold) are available in the US through both offline and online distribution channels, according to Wild Earth, a pet food firm based in Berkeley, California.
  • Koji is a potential alternative to traditional animal-based ingredients that are used in dog food formulations, such as meats because it provides all the essential amino acids required by dogs. 

Key Pet Food Market Challenge in US

  • One of the key challenges to the pet food market growth in US is the stringent regulations.
  • Any ingredient to be used in pet foods has to be accepted by the FDA and adopted by the AAFCO, which is an organization comprised of state regulatory officials that engage in developing bills and regulations for the pet food market in the US.
  • The Food Safety Modernization Act (FSMA), originally passed in 2011, regulates the pet food market in the US at a federal level. Moreover, through the FSMA's Voluntary Qualified Importer Program (VQIP), manufacturers and foreign suppliers can attain food safety certifications from FDA-recognized accreditation agencies.
  • The highly regulated nature of the pet food market in the US involves considerable compliance costs to manufacturers in terms of certification, equipment maintenance, and personnel training expenses. Thus, the presence of stringent regulations is expected to hamper the growth of the pet food market in the US during the forecast period.

This pet food market in US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Pet Food Market Vendors in US?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Colgate Palmolive Co.
  • General Mills Inc.
  • JustFoodForDogs LLC
  • Manna Pro Products LLC
  • Mars Inc.
  • Nestle SA
  • Spectrum Brands Holdings Inc.
  • J.M. Smucker Co.
  • Tyson Foods Inc.
  • Volkman Pet Products

 

This statistical study of the pet food market in US encompasses successful business strategies deployed by the key vendors. The pet food market in US is fragmented and the vendors are deploying organic growth (innovation) and inorganic growth (M&A activity) to compete in the market.

Product Insights and News

  • Colgate Palmolive Co. - The company offers pet food that helps to ensure all pets have the chance to access precisely balanced nutrition which keeps them healthy and fit. 
  • Under the pet Nutrition segment, the company offers specialty pet nutrition products manufactured and marketed by Hills Pet Nutrition.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The pet food market in US forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

What are the Revenue-generating Product Segments in the Pet Food Market in US?

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The pet food market share growth in US by the dry pet food segment will be significant during the forecast period. The growth is attributed to the high demand for dry pet food owing to factors such as easy transportation and storage as well as a longer shelf life than wet pet foods.

This report provides an accurate prediction of the contribution of all the segments to the growth of the pet food market size in US and actionable market insights on post COVID-19 impact on each segment.

Pet Food Market in US Value Chain Analysis

Our report provides extensive information on the value chain analysis for the pet food market in US, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Parent Market Analysis

Technavio categorizes the pet food market in US as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the pet food market in US during the forecast period.

Pet Food Market Scope in US

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.35%

Market growth 2022-2026

$ 13.13 billion

Market structure

Fragmented

YoY growth (%)

4.78

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Colgate Palmolive Co., General Mills Inc., JustFoodForDogs LLC, Manna Pro Products LLC, Mars Inc., Nestle SA, Spectrum Brands Holdings Inc., J.M. Smucker Co., Tyson Foods Inc., and Volkman Pet Products

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Pet Food Market in US Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive pet food market growth in US during the next five years
  • Precise estimation of the pet food market size in US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the pet food industry in US  
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pet food market vendors in US 

We can help! Our analysts can customize this report to meet your requirements. Get in touch

***1. Executive Summary                         

               **1.1 Market Overview 

                              *Exhibit 01:  Key Finding 1

                              *Exhibit 02:  Key Finding 2

                              *Exhibit 03:  Key Finding 5

                              *Exhibit 04:  Key Finding 6

                              *Exhibit 05:  Key Finding 7

***2. Market Landscape                            

               **2.1 Market ecosystem             

                              *Exhibit 06:  Parent market

                              *Exhibit 07:  Market characteristics

               **2.2 Value chain analysis           

                              *Exhibit 08:  Value Chain Analysis

               **3.1 Market definition

                              *Exhibit 09:  Offerings of vendors included in the market definition

               **3.2 Market segment analysis  

                              *Exhibit 10:  Market segments

               **3.3 Market size 2021 

               **3.4 Market outlook: Forecast for 2021 - 2026 

                              *Exhibit 11:  Global - Market size and forecast 2021 - 2026 ($ million)

                              *Exhibit 12:  Global market: Year-over-year growth 2021 - 2026 (%)

***4. Five Forces Analysis                         

               **4.1 Five Forces Summary         

                              *Exhibit 13:  Five forces analysis 2021 & 2026

               **4.2 Bargaining power of buyers            

                              *Exhibit 14:  Bargaining power of buyers

               **4.3 Bargaining power of suppliers        

                              *Exhibit 15: Bargaining power of suppliers

               **4.4 Threat of new entrants     

                              *Exhibit 16: Threat of new entrants

               **4.5 Threat of substitutes          

                              *Exhibit 17: Threat of substitutes

               **4.6 Threat of rivalry   

                              *Exhibit 18: Threat of rivalry

               **4.7 Market condition 

                              *Exhibit 19:  Market condition - Five forces 2021

***5 Market Segmentation by Product               

               **5.1 Market segments

                              *Exhibit 20:  Product - Market share 2021-2026 (%)

               **5.2 Comparison by Product    

                              *Exhibit 21:  Comparison by Product

               **5.3 Dry pet food - Market size and forecast 2021-2026              

                              *Exhibit 22:  Dry pet food - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 23:  Dry pet food - Year-over-year growth 2021-2026 (%)

               **5.4 Wet pet food - Market size and forecast 2021-2026             

                              *Exhibit 24:  Wet pet food - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 25:  Wet pet food - Year-over-year growth 2021-2026 (%)

               **5.5 Pet snacks and treats - Market size and forecast 2021-2026             

                              *Exhibit 26:  Pet snacks and treats - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 27:  Pet snacks and treats - Year-over-year growth 2021-2026 (%)

               **5.5 Market opportunity by Product     

                              *Exhibit 28:  Market opportunity by Product

***6.Market Segmentation by Distribution channel                      

               **6.1 Market segments

                              *Exhibit 29:  Distribution channel - Market share 2021-2026 (%)

               **6.2 Comparison by Installation sites    

                              *Exhibit 30:  Comparison by Distribution channel

               **6.3 Offline - Market size and forecast 2021-2026          

                              *Exhibit 31:  Offline - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 32:  Offline - Year-over-year growth 2021-2026 (%)

               **6.4 Online - Market size and forecast 2021-2026          

                              *Exhibit 33:  Online - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 34:  Online - Year-over-year growth 2021-2026 (%)

               **6.5 Market opportunity by Distribution channel            

                              *Exhibit 35:  Market opportunity by Distribution channel

***7 Market Segmentation by Type                     

               **7.1 Market segments

                              *Exhibit 36:  Type - Market share 2021-2026 (%)

               **7.2 Comparison by Type          

                              *Exhibit 37:  Comparison by Type

               **7.3 Dog food - Market size and forecast 2021-2026      

                              *Exhibit 38:  Dog food - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 39:  Dog food - Year-over-year growth 2021-2026 (%)

               **7.4 Cat food - Market size and forecast 2021-2026       

                              *Exhibit 40:  Cat food - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 41:  Cat food - Year-over-year growth 2021-2026 (%)

               **7.5 Other small pet food - Market size and forecast 2021-2026              

                              *Exhibit 42:  Other small pet food - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 43:  Other small pet food - Year-over-year growth 2021-2026 (%)

               **7.6 Market opportunity by Type          

                              *Exhibit 44:  Market opportunity by Type

***8 Customer landscape                         

               **8.1 Overview

                              *Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                              *Exhibit 45: ?Customer landscape?

***9. Drivers, Challenges, and Trends                  

               **9.1 Market drivers      

                              *9.1.1 Rising awareness of pet nutrition

                              *9.1.2 Growth of the organized retail sector

                              *9.1.3 New product launches

               **9.2 Market challenges              

                              *9.2.1 Stringent regulations

                              *9.2.2 Increasing instances of pet allergies

                              *9.2.3 Health implications related to pet allergies

                              *Exhibit 46:  Impact of drivers and challenges

               **9.3 Market trends      

                              *9.3.1 Sustainability and biotechnology are becoming increasingly important in the formulation of pet foods.

                              *9.3.2 Increasing demand for organic pet food

                              *9.3.3 Customized pet diets are becoming increasingly popular

***10. Vendor Landscape                         

               **10.1 Overview             

                              *Exhibit 47:  Vendor landscape

               **10.2 Landscape disruption      

                              *Exhibit 48: ?Landscape disruption?

                              *Exhibit 49: Industry risks

***11. Vendor Analysis               

               **11.1 Vendors covered              

                              *Exhibit 50: Vendors covered

               **11.2 Market positioning of vendors    

                              *Exhibit 51: ?Market positioning of vendors?

               **11.3 Colgate Palmolive Co.     

                              *Exhibit 52:  Colgate Palmolive Co. - Overview

                              *Exhibit 53:  Colgate Palmolive Co. - Business segments

                              *Exhibit 54:  Colgate Palmolive Co. - Key offerings

                              *Exhibit 55:  Colgate Palmolive Co. - Segment focus

               **11.4 General Mills Inc.             

                              *Exhibit 56:  General Mills Inc. - Overview

                              *Exhibit 57:  General Mills Inc. - Product and service

                              *Exhibit 58:  General Mills Inc. - Key offerings

                              *Exhibit 59:  General Mills Inc. - Segment focus

               **11.5 JustFoodForDogs LLC      

                              *Exhibit 60:  JustFoodForDogs LLC - Overview

                              *Exhibit 61:  JustFoodForDogs LLC - Product and service

                              *Exhibit 62:  JustFoodForDogs LLC - Key offerings

               **11.6 Manna Pro Products LLC

                              *Exhibit 63:  Manna Pro Products LLC - Overview

                              *Exhibit 64:  Manna Pro Products LLC - Product and service

                              *Exhibit 65:  Manna Pro Products LLC - Key offerings

               **11.7 Mars Inc.

                              *Exhibit 66:  Mars Inc. - Overview

                              *Exhibit 67:  Mars Inc. - Product and service

                              *Exhibit 68:  Mars Inc. - Key offerings

                              *Exhibit 69:  Mars Inc. - Segment focus

               **11.8 Nestle SA             

                              *Exhibit 70:  Nestle SA - Overview

                              *Exhibit 71:  Nestle SA - Business segments

                              *Exhibit 72:  Nestle SA - Key offerings

                              *Exhibit 73:  Nestle SA - Segment focus

               **11.9 Spectrum Brands Holdings Inc.   

                              *Exhibit 74:  Spectrum Brands Holdings Inc. - Overview

                              *Exhibit 75:  Spectrum Brands Holdings Inc. - Business segments

                              *Exhibit 76:  Spectrum Brands Holdings Inc. - Key offerings

               **11.10 J.M. Smucker Co.

               *Exhibit 77:  J.M. Smucker Co. - Overview            

               *Exhibit 78:  J.M. Smucker Co. - Business segments          

               *Exhibit 79:  J.M. Smucker Co. - Key offerings     

               *Exhibit 80:  J.M. Smucker Co. - Segment focus  

               **11.11 Tyson Foods Inc.            

                              *Exhibit 81:  Tyson Foods Inc. - Overview

                              *Exhibit 82:  Tyson Foods Inc. - Product and service

                              *Exhibit 83:  Tyson Foods Inc. - Key offerings

                              *Exhibit 84:  Tyson Foods Inc. - Segment focus

               **11.12 Volkman Pet Products  

                              *Exhibit 85:  Volkman Pet Products - Overview

                              *Exhibit 86:  Volkman Pet Products - Product and service

                              *Exhibit 87:  Volkman Pet Products - Key offerings

***12. Appendix                           

               **12.1 Scope of the report         

                              *12.1.1 ????Market definition

                              *12.1.2 ????Objectives

                              *12.1.3 ????Notes and caveats

               **12.2 Currency conversion rates for US$            

                              *Exhibit 88: ?Currency conversion rates for US$?

               **12.3 Research Methodology   

                              *Exhibit 89: ?Research Methodology

                              *Exhibit 90: ??Validation techniques employed for market sizing?

                              *Exhibit 91: ??Information sources

               **12.4 List of abbreviations        

                              *Exhibit 92: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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