WebJan 1, 2024 · Pet food has proven to be one of the most economically resilient industries out there. Through a pandemic and wars, supply chain issues and inflation, labor challenges and consumer-level uncertainty, the pet space — especially pet food — has continued to grow.But resilience isn’t immunity, and economic challenges (current and forecast) are playing a … WebOct 18, 2024 · Lots of barking, no bites. Market research firm Euromonitor said the pet products industry reached $110 billion in global sales in 2024, with the U.S. the trendsetter and largest market by far ...
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WebFeb 20, 2013 · Global Pet Food Use Climbs. The global market for pet food is growing rapidly as pet populations around the world boom and demand for prepared dog and cat food replaces non-prepared food. The global pet food market is estimated by Euromonitor at $72 billion in retail sales in 2012, which is an increase of $17 billion from just five years ago. WebHow to sell more dog food. A leader in the nutritional pet food market needed help improving revenues and profit margins to adapt to the new competitive landscape. Bain helped … shape up swimwear
Pet Food Market Size & Share Analysis - Industry Research Report ...
WebMar 21, 2024 · US pet food and treat sales were around $42B in 2024 and estimated to top $44B when all the 2024 data is finalized. ... To get a better sense of current dog food expenses, I collected some data on the cost to feed certain types of dog foods to a hypothetical pet – a 55lb dog needing a very average 1100 kcal (1 kcal = 1 “human” … WebMar 29, 2024 · Of that 2024 total, $42 billion was spent on pet food and treats, a 9.7% increase year over year; $31.4 billion was spent on vet care and product sales, a 7.2% … WebPackaged Facts projects U.S. retail sales of pet food (dog and cat) at $37.1 billion in 2024, up 6.4% from $34.8 billion in 2024. Sales are projected to reach $47.9 billion in 2025, … poodle bottle cover pattern