Market Research Report
North America PET Food Market Forecast 2022-2030
|North America PET Food Market Forecast 2022-2030|
Published: January 6, 2022
Content info: 154 Pages
Delivery time: 2-3 business days
The North America pet food market growth is expected to register a CAGR of 6.93% during the forecast period, 2022-2030. The increasing high quality food, rising pet humanization, and demand for organic food are among the key trends in the North American market.
Canada and the United States are evaluated for the North America pet food market growth analysis. The Canada pet food market is set to witness innovative sales and marketing strategies. This is attributed to the limiting of in-store promotional activities and traditional samplings. At the same time, significant investments are made in online and digital approaches. As a result, e-commerce is estimated to undergo considerable changes and be more user-friendly, with more product descriptions and pictures. Also, some retailers with physical and online presence are offering big discounts to encourage online purchases.
Further, functional pet foods have influenced pet food packaging. Through innovative packaging designs and materials, manufacturers convey the premium nature of the product. In addition, laminates and plastic containers are becoming popular.
Moreover, several cases of arthritis, high blood pressure, and diabetes have been reported in dogs across the North American region. Thus, veterinarians recommend low-calorie and value-added dog food products to owners, propelling manufactures to extend their product offerings.
Some of the key companies in the market include: Spectrum Brands Holdings Inc, Farmina Pet Foods, Freshpet Inc, Champion Petfoods LP, etc.