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Dry Pet Food Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Dry Pet Food Production Market Research Report | Consumer Goods & Services | Pet Care | Jul 2012

Getting petted: Revenue will revive as consumers return to purchasing pets and pet food

IBISWorld’s Dry Pet Food Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Colgate-Palmolive Company Colgate-Palmolive Company market share
Mars Inc. Mars Inc. market share
Nestle Nestle market share
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 07-12
-1.9%
Annual Growth 12-17
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Profit
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Employment
6,604
Businesses
306
Industry Analysis & Industry Trends

Puppy love

For those with pets, pet food becomes indispensable in maintaining a animal's well-being. This factor kept revenue for dry pet food producers from falling drastically over the past five years. Revenue declines were the result of consumers refraining from purchasing new pets, causing a decline in the number of dogs and cats as pets in the United States. Over the next five years, consumers are expected to return to purchasing pets and pet food. In addition, wholesale bypass will allow dry pet food producers to sell products at lower prices directly to consumers, boosting demand for the industry.... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, the industry has faced some challenges relating to the recession. While sales of dry dog and cat food performed better than their wet counterparts, poor pet sales in 2008 and 2009 decreased the sale of dry dog and cat food in 2009 and is expected to continue into 2012. As a result, industry revenue is expected to decline at an average annual 1.9% per year to $9.8 billion in 2012.

Weak consumer spending and demand

Consumer sentiment and disposable income drive purchases of industry products, although at a delayed rate. When consumers feel good about the economy and have high disposable incomes, they tend to make discretionary purchases more often, including on animals... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Dry Pet Food Production Industry?

This industry manufactures dry dog and cat foods, which are generally grain and oilseed based.

Industry Products
Dry dog foodDry cat food
 
Industry Activities
Manufacturing dry cat foodManufacturing dry dog food


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