U.S. and Canada

Pet Food Market

Pet food prices hold steady while overall 'petflation' hits two-year high in May

Pet food costs remain stable with slight deflation in May 2025, even as veterinary and pet services drive overall pet industry inflation to 2.2% year-over-year.

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Farmina opens first U.S. pet food plant

Italian manufacturer invests $115 million in Reidsville, North Carolina, facility to support North American growth.

Loris Rinaldi, CEO Farmina Pet Foods North America and Angelo Russo, CEO Farmina Pet Foods.

Market Trends and Reports

Sales and profits drop for J.M. Smucker’s pet food in FY25

Dog snacks made up 54% of the FY25 sales. Cat food and snacks made up 44%.

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Pet Ownership Statistics

Graph: Cats and dogs lead US pet ownership growth 2023-2025

U.S. households reported ownership of approximately 68 million dogs, up from 65.1 million in the 2023-2024 survey.

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U.S. and Canada

Chart: U.S. pet industry sales 2018-2025 normalize, but still climb post-pandemic

As inflation tapers and pet ownership normalizes post-pandemic, the U.S. pet food market seems likely to remain the largest on the planet for many years to come.

A Cat In Front Of A School Blackboard Filled With Economic Charts And Data The Cat Is Scratching The Blackboard

BARK Act aims to boost pet food donations to U.S. animal shelters

The bipartisan bill would remove barriers to donating surplus pet food and supplies to support shelters and reduce waste.

The Bring Animals Relief and Kibble (BARK) Act could help the recovery of millions of pounds of pet food to feed shelter animals.

Global Commerce

10 trends shaping the Canadian pet food market

While Canadians have always shown a predilection for homegrown brands, that domestic demand is higher now with trade tensions.

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Mars opens $450M Royal Canin facility in Ohio

The Lewisburg site marks Mars' biggest investment in Royal Canin manufacturing and adds to the company’s $6 billion in recent U.S. operations spending.

The Mars Royal Canin Facility in Lewisburg, Ohio, U.S., is part of a $6 billion investment in U.S.-based manufacturing.

Stella & Chewy’s launches in U.S. PetSmart stores

The freeze-dried raw pet food brand will offer more than 80 products in U.S. PetSmart locations and online, with a Canadian rollout planned for June.

Global Commerce

Pet food holds strong amid economic headwinds, but caution still warranted

Economist Ernie Tedeschi says pet food remains resilient amid 2025’s economic turbulence — but warns companies to watch for shifting consumer habits and trade risks.

Ernie Tedeschi, director of economics, The Budget Lab at Yale Law School, presented the keynote speech at Petfood Forum 2025 in Kansas City, Missouri, U.S.

Pets Canada Industry Show draws 700 pet professionals to Calgary

Western Canada’s largest B2B pet industry event highlighted new product innovation, trends in nutrition and sustainability, and peer recognition through the 2025 Western Awards.

Oven-Baked Tradition’s new CARE formula for small-breed adult dogs was voted Favorite New Product.

March ‘petflation’ falls to +1.3% versus 2024

A key driver in the decrease was the fact that pet prices rose between February and March 2024.

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