U.S. Pet Food Market Report 2022: Sales of dog and cat food are expected to reach $60 billion by 2026 as e-commerce continues to strengthen its position as the number one sales channel in the world retail – ResearchAndMarkets.com


DUBLIN–(BUSINESS WIRE)–The “Pet Food in the US, 16th Edition” report has been added to from ResearchAndMarkets.com offer.

With sales approaching $40 billion in 2021, dog and cat food sales are expected to top $60 billion by 2026 as e-commerce continues to strengthen its position as the top retail channel.

In the previous edition of this report, the big question was how the COVID-19 pandemic will affect the pet food market. We now know that the pandemic has had a surprisingly positive effect on the pet market as a whole and pet food in particular, which saw double-digit growth in 2020 and 2021.

And the pandemic continues to impact the market, with the most visible forces being record inflation and supply chain disruptions that have pushed prices to an all-time high. Other market drivers include increased awareness of health and wellness, acceleration of online shopping and associated behaviors, and solidification of the role of pets in the home as members of family.

Despite the harsh conditions of recent years, the pet food market has proven more resilient than ever, buoyed by the willingness of American pet owners to spend on their beloved “fur babies.” , even in the midst of a health and economic crisis.

Featuring updated sales projections and analysis of trends impacting the market now and for the foreseeable future, this fully revised 16th edition of Pet Foods in the United States analyzes the lingering impact of the pandemic, including the inflation, supply constraints, buying habits and pet owner interest. in alternative pet foods.

Providing separate sales tracking and projections for dog and cat food, the report also examines trends by form (dry, moist, semi-moist, frozen/chilled and freeze-dried/air-dried), ingredients and product claims across retail. wide range, including online retailers, mass outlets, pet specialty channel and other channels.

It provides a comprehensive overview covering historical market size and projections (2017-2026); inter-market trends; consumer spending; market opportunities; Mergers and Acquisitions; channel trends, including e-commerce and omnichannel; and new product and marketing trends – all presented through the lens of the changes brought about by the pandemic.

Main topics covered:

MARKET TRENDS

  • Market overview

  • Report Scope: Dogs and Cats

  • Exclusions

  • Market size and growth

  • Pet food sales approach $40 billion

  • Dog food dominates pet food sales

  • Dry pet food

  • Dry dog ​​food at almost 50% of the market

  • Households spend the most on dry food

  • Households spend more on dog food

  • Annual household expenditure on dog and cat food

  • Most pet owners spend less than $75 a month on pet food

  • Sales by channel: e-commerce takes the lead

  • Projected Channel Sharing Changes

  • Market factors

  • Priority concern related to price inflation

  • Will pet owners still be willing to spend on pet food?

  • Supply chain issues persist

  • Implications of e-commerce in the pet food market

  • Pandemic Bump highlights pet food’s #1 role in health

  • Increased focus on health and wellness

  • Obesity and aging pets contribute to health problems

  • Tendency to shy away from smaller dogs

  • Pet Ownership Trends

  • Young Pet Owners Can Give Up Their Pets

  • Affluent households responsible for majority of pet expenses

  • Pets at the heart of life at home

  • Animals and owners physically closer than ever

  • Product quality tops pet owners’ list of priorities

  • Animal wellbeing

  • Sustainability initiatives are increasingly part of the plan

  • Cats are gaining representation in the market

  • DCM/grain-free pet food situation remains unresolved

  • Government regulations

  • Look forward

  • Sales growth slows but remains strong

COMPETITIVE TRENDS

  • Marketer Trends

  • A strongly consolidated market

  • Rate of use of dry and wet food for dogs and cats

  • Pet industry leaders are backing promising startups with venture capital funds

  • Recent mergers, acquisitions, investments and rebranding

  • Champion Petfoods Explores Selling

  • Natural Balance’s Ingredients – First Rebrand

  • Purina Updates Pro Plan Formulas and Packaging

  • Mars launches into fresh pet food

  • DTC Pet Food Startups Continue to Attract Outside Investors

  • Freeze-dried and raw/frozen foods attract interest

  • The packaging challenge

  • Canidae rebrands for sustainability

  • Retail Channel Trends

  • In-store shopping leads in buying pet food

  • Walmart Most Popular Retailer for In-Store Pet Food Purchases

  • Chewy Top online destination for pet food shopping

  • DTC Fresh Pet Food puts pressure on specialty pet retailers

  • Major online and physical retailers are ramping up new offers

  • Autoship Programs Drive Retailer Loyalty

  • Amazon is suing the pet market in March

  • Pandemic-driven e-commerce acceleration is slowing

  • Store brand foods are a big draw

  • Walmart adds Pure Balance PRO+ and updates Pure Balance packaging

  • Target launches Kindfull Private Label Food

  • Petco expands private label and exclusive food offerings

  • Pet Supplies Plus adds private label pet food

  • Petsense offers 4health private label pet food

  • Chewy adds fresh frozen produce to Tylee’s line of brands

  • Independent pet stores fight back, with help

MARKETING AND TRENDS NEW PRODUCTS

  • New products and marketing trends

  • Fresh pet food is taking the market by storm

  • Freshpet’s Pandemic Success

  • Freeze Dried (and Air Dried) Frenzy

  • Alternative and sustainable ingredients and recipes

  • Limited Ingredient Diets Contain Alternative Proteins and Simple Ingredients

  • Sustainable ingredients and alternative protein sources

  • Plant-based diets

  • Insect based diets

  • Cultured proteins, a potential future option

  • Superfoods, alternative grains and vegetables

  • Gut health and immunity

  • The controversy over grain-free DCM continues

  • Natural positioning takes precedence over other product claims

  • Human grade ingredients and labeling

  • Personalized and “combo” diets

  • Scientific and veterinary diets

  • Wet foods progress

  • just for cats

  • Meal Upgrades and Toppers

CONSUMER TRENDS

  • Introduction

  • Two Consumer Survey Sources

  • Buying habits by type of pet food

  • Topline Usage Rates for Dry/Wet Pet Food and Pet Treats

  • Dry/Wet Pet Food Buying Indexes

  • Usage rate of pet food mattress toppers

  • Shopping Patterns by Pet Food Formulation Types

  • Regular vs Specialized

  • Fresh food and other alternative formats for pets

  • Formulations targeting specific health conditions

  • Meat-first leader in ingredient-based formulations

  • Sourcing of ingredients as marketing claims

  • “Natural” claims and progressive positioning

  • Shopping patterns in pet food packaging

  • Dry Pet Food Package Size

  • Wet Pet Food Packaging Type

  • Pet Food Distributors and Brands by Consumer Sweepstakes

  • The best dog/cat food sellers

  • Top Dog Food Distributors and Brands

  • Main distributors and brands of cat food

  • Demographic indices for the purchase of selected brand ranges

OPPORTUNITIES

  • Sustainability and corporate responsibility

  • Pet food in alternative form

  • Fresh pet food

  • Freeze Dried (and Air Dried) Frenzy

  • Direct-to-consumer marketing (DTC)

  • Private label

  • Lower price

  • Foods specific to cats

Companies cited

  • Amazon

  • AnimalBiome

  • Apax funds

  • Arbor

  • Cargill

  • Champion Pet Foods

  • Diamond Pet Foods

  • FountainVest Partners

  • Capital of Kainos

  • Kinderhook Industries

  • KKR

  • Maev

  • March

  • Central American pet food

  • Munster Milling Company

  • natural balance

  • Natural pet food group

  • The logic of nature

  • Nestle

  • NameNameNow

  • No one

  • NXMH Whitebridge Pet Brands

  • open farm

  • Pet Food Experts

  • PetCo

  • PetPlate

  • Primal Pet Food

  • Royal Canin

  • Smucker’s

  • Target

  • united pacific pet

  • walmart

  • Pet welfare company

  • Ziwi Ltd

For more information about this report visit https://www.researchandmarkets.com/r/oyokn7