United State Pet Food Market

According to Renub Research's latest report, "United States Pets Food Market, Size, Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis” United State Pet Food Market is estimated to reach US$ 62.41 billion by 2028. The USA is the world's largest economy, with a rising number of nuclear families and couples with pets.

According to American Pet Products Association (APPA), the pet food industry recorded USD 123.6 Billion in revenue in 2021, its highest level up till 2022. Pet food is a specialty food for domesticated animals that is formulated according to their nutritional needs.

Pet food generally consists of meat, cereals, grain, vitamins, meat by-products, and minerals. In the U.S., about more than 300 manufacturers produce more than 7 million tons of pet food every year, one of the largest pet food categories of any packaged food. In the United States, pet food and treat sales are expected to reach $45.4 billion by the end of 2022, according to Pet Food Processing Net. In addition, according to the Department of Commerce, dog and cat food exports for 2021 set a record at $2.05 billion, which increased by 19.8% from 2020.