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The past five years have marked a turning point for premium pet food producers, as the boom-and-bust revenue cycles of the last decade gave way to more modest growth. Pet acquisition rates stabilized and, for the first time in years, even slipped. While sales growth slowed, the industry has held onto most of its pandemic-era gains. This is, in part, thanks to premium foods’ growing foothold with middle-income owners, who’ve gravitated toward products with transparent labels and functional claims. With price-sensitive buyers now in the mix, premium brands are more exposed to the broader economic cycle, making volume growth less about a wave of new pet adoptions and more about building engagement with today’s mainstream consumer. Since 2020, revenue has been growing at a CAGR of 0.1%, including a 0.5% rise in 2025, totalling $3.2 billion.
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IBISWorld's research coverage on the Premium Pet Food Manufacturing industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released August 2025.
The Premium Pet Food Manufacturing industry in the United States operates under the NAICS industry code OD6157. Operators in the Premium Pet Food Production industry primarily include businesses that produce premium pet food for cats and dogs. Products in this industry are differentiated by their higher margin compared with traditional cat and dog food brands. Related terms covered in the Premium Pet Food Manufacturing industry in the United States include probiotic, biofuel and pet parents.
Products and services covered in Premium Pet Food Manufacturing industry in the United States include Premium dog food, Premium cat food and Other premium pet food.
Companies covered in the Premium Pet Food Manufacturing industry in the United States include The Farmer's Dog, Inc. and Freshpet.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Premium Pet Food Manufacturing industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Premium Pet Food Manufacturing industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Premium Pet Food Manufacturing industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Premium Pet Food Manufacturing industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Premium Pet Food Manufacturing industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Premium Pet Food Manufacturing industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Premium Pet Food Manufacturing industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Premium Pet Food Manufacturing industry in the United States.
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The market size of the Premium Pet Food Manufacturing industry in the United States is $3.2bn in 2026.
There are 135 businesses in the Premium Pet Food Manufacturing industry in the United States, which has grown at a CAGR of 11.6 % between 2020 and 2025.
The Premium Pet Food Manufacturing industry in the United States is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
The Premium Pet Food Manufacturing industry in the United States is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
The market size of the Premium Pet Food Manufacturing industry in the United States has been growing at a CAGR of 0.1 % between 2020 and 2025.
Over the next five years, the Premium Pet Food Manufacturing industry in the United States is expected to grow.
The biggest companies operating in the Premium Pet Food Manufacturing industry in the United States are The Farmer's Dog, Inc. and Freshpet.
Producing high-margin dog food and Producing high-margin cat food are part of the Premium Pet Food Manufacturing industry in the United States.
The company holding the most market share in the Premium Pet Food Manufacturing industry in the United States is The Farmer's Dog, Inc..
The level of competition is high and increasing in the Premium Pet Food Manufacturing industry in the United States.