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Dry Pet Food Production: Market Research Report

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

Dry Pet Food Production Market Research Report | NAICS OD4348 | Jan 2017

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
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 12-17
3.9%
Annual Growth 17-22
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Profit
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Employment
11,303
Businesses
407
Industry Analysis & Industry Trends

The Dry Pet Food Production industry has fared well over the past five years. Pet ownership and disposable income are forecast to rise over the five-year period. Growth of these key industry drivers has coincided with a growing tendency for consumers to treat their pets as members of the family, encouraging owners to not only spend more on dry pet food, but to increasingly purchase premium-priced specialty pet food products. Pet ownership is projected to continue to grow over the next five years, partly driven by rising disposable income, which will enable more consumers to afford owning and caring for pets... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Dry Pet Food Production industry is in the growth stage of its life cycle. Over the 10 years to 2022, industry value added (IVA), which is the degree to which industry revenue contributes to US GDP, is projected to increase at an annualized rate of 4.7%. US GDP is projected to grow at a slower annualized rate of 2.0% over the same period. This contrast highlights that the industry is expected to contribute significantly to the overall economy over the 10-year period, which is an indicative feature of growing industries.

The industry is moderately concentrated with the largest four companies collectively generating an estimated 51.6% of industry revenue in 2017. Major industry operators have expanded their market share through acquisitions over the period. Exa.. 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 foodSpecialty dry pet food
 
Industry Activities
Manufacturing dry cat foodManufacturing dry dog foodManufacturing other dry pet food


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