Packaged Facts estimates U.S. retail dollar sales of dog and cat food at US$51 billion in 2023, up 11% over 2022 and the fourth consecutive year of double-digit growth. Over the 2018–2022 period, dog and cat food garnered a compound annual growth rate (CAGR) of 13%, largely due to inflation-driven gains later in this period.
Sales performance, growth prospects in US pet food
The trends are shifting in terms of pet ownership and pet food sales influences.Subscribe to Magazine
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