Consumer Goods & Retailing
Pet Food & Supplies Wholesaling in the US - Industry Market Research Report
Pet Food & Supplies Wholesaling in the US - Industry Market Research Report
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Pet Food & Supplies Wholesaling in the US - Industry Market Research Report
Pet Food & Supplies Wholesaling in the US
The Pet Food and Supplies Wholesaling industry has expanded as the popularity of owning animals as household companions continues to grow among different demographics. In 2023, the number of pets in the United States is will reach 189.6 million. The increase in pet ownership has coincided with a growing tendency to treat pets as members of the family, thereby encouraging the purchase of higher-priced, premium pet food products that are marketed with special benefits, formulas or ingredients. Consequently, the industry is expected to see total revenue rise at a CAGR of 3.0% to $20.4 billion, including 0.4% growth in 2023 alone.
This industry includes businesses that purchase products from upstream industries for sale to downstream industries, including retailers, consumers and other wholesalers. Products sold in this industry include wet and dry food for dogs and cats, bird feed, other pet food and treats, food bowls, collars and leashes, litter, cages, travel carriers and other pet supplies and accessories. Companies in this industry may also wholesale pets.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.