Breaking down this overall figure, Canadian households spent about $4.79 billion on pets and their food, the rest on veterinary and other pet services. In fact, Amazon already sells a reported $3.6B annually in pet food alone . Five year forecasts of market trends and market growth. The Pet Care in Canada report includes: Analysis of key supply-side and demand trends. Retail sales of pet food have increased in the CAGR by 5.8% from 2016 to 2020. And it's all thanks to the pet wellness trend. 2. 2-in-3 American households include at least one pet. $ 4550. Tim Wall. . Pet food market in Canada - Statistics & Facts. Pet insurance is of the most interesting pet industry trends in 2022. Screenshot from Amazon's popular "pet supplies" category. June 20, 2022. In 2020, there was an 18% increase in pet food sales in the USA. Having surged to its highest-ever level during 2020, the population of other pets (birds, fish, reptiles and small mammals) in Canada declined during both . This statistic shows the sales value of dog food in Canada from 2016 to 2025. This report looks at the industry state between 2016-2021 and the forecast till 2027. Why is that? Map of Italian dog, cat and other pet food companies The cost is high because we're increasingly willing to pay money on the pets we have, as opposed to the kids that we don't have. However, it is expected to have an 8.8% decline in 2020. Total U.S. Pet Industry Expenditures Year Billions of dollars 2021 $123.6 Actual 2020 $103.6 2019 $97.1 2018 $90.5 Actual Sales within the U.S. Market in 2021 In 2021, $123.6 billion was spent on our pets in the U.S. Breakdown: Pet Food & Treats $50.0 billion Supplies, Live Animals & OTC Medicine $29.8 billion Vet Care & Product Sales $34.3 billion After pet food and treats, veterinary care and product sales had the highest revenue at $27.7 billion, $29.3 billion, and $30.2 billion for 2018, 2019, and 2020, respectively. Only 10.45% of pet owners buy organic food. Aug 29, 2022 (The Expresswire) -- ""Natural Pet Foods Market"" Insights 2022 by Companies (, Darwin's, Mars . This statistic shows the annual consumer price index of pet food and supplies in Canada from 2003 to 2021. 5. Amazon is also looking to tap into the pet product DTC trend. 4. Global Pet Food Market 2022-2026 $ 2500 July 2022. Around 44% of people would rather cuddle up with their pet. In comparison, cat food retail sales were. 21% of pet owners spent more money on pets during the Covid-19 pandemic. In 2014, the Canadian pet. Meal and kibbled dog food sales totaled $359.13 million in 2018. The report also covers companies, brands, products, trade pricing, patents, university . Top 11 Pet Food Industry Stats in Canada There are 8.1 million cats and 7.7 million dogs in Canada. The Top 18 Pet Food Statistics in Canada; Canada Pet Food Statistics. Quality pet food is an expensive commodity, with the most expensive dog foods going for nearly $40 per 2.2 pound bag! . All categories of pet food experienced positive growth in both the historic and forecasted period. The pet food market in Canada grew by over 500 million Canadian dollars in retail sales between 2006 and 2016, . bag), with sell by date of 10/29/22, due to potential contamination with Salmonella, according to the U.S. Food and Drug Administration. Detailed segmentation of international and local products. In 2019, the pet grooming and boarding market reached $8.384 billion. Waggles Pet Food among 100 most impactful Pakistan startups; Black soldier fly larvae calcium low for leopard geckos; Pet food insect protein producer buys land for new factory; 28 pet food industry mergers and acquisitions 2022; Pet supplement buyers adopt trends early, like branded ingredients; Top Pet Food Companies Data The Pet Insurance Space Continues to Grow. 1. In 2020, the pet care industry in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) region was valued at US$17.5 billion, with consumers spending most of that amount (US$13.7 billion) on pet food. The 20 Pet Industry Statistics to Know in 2022 The global pet market is worth $261 billion. Average Annual Household Expenditures on Pet Food, by Detailed Demographic Characteristics, 2021 and 2026. August 26, 2022. June 2022. Canadian Pet Market Survey 2020 focuses on dog and cat food, while also providing a topline overview of broader product purchasing rates, retail and Internet dynamics, use of veterinary and pet . Dublin, July 19, 2021 (GLOBE NEWSWIRE) -- The "Pet Care - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Canadian households spent $8.23 billion in total on pets, pet food, veterinary and other services for pets in 2017, according to Statistics Canada.. Ranking of the Top 30 Dog Breeds in the U.S., 2020 and 2021. Register for free to access premium content. Report Highlights. Dog and cat food, which are the focus of this report, make up 96.4% of the pet food industry. Home care use and unmet home care needs in Canada, 2021. July 2022. 58% of Canadian households own at least one dog or cat Pet food sales increased 5.8% between 2016 and 2020 and will keep growing. Robust and transparent research methodology, conducted in-country. This figure was forecast to. The pet food market in Canada is a booming industry, with hundreds of pet stores across the country serving almost 16 million pet cats and dogs living in Canadian households. Learn how current and future food trends influence pet food and pet treat formulations and sales, how pet owners impact the pet food industry, and growing pet food niches. Find the latest dog, cat and companion animal food market trends and news, including statistics on the global pet care market, from the editors of Petfood Industry magazine. Canadian Pet Market Survey 2020 focuses on dog and cat food, while also providing a topline overview of broader product purchasing rates, retail and Internet dynamics, use of veterinary and pet care services, and pet ownership patterns. Dog food is the largest pet food category at CAD$2.8 billion. That year,. Historic volume and value sizes, company and brand market shares. 77% of Canadian pet owners buy food in-store. Pet food industry statistics for Canada show that it made $197 million in sales for wet dog food and $394 million for wet cat food. Pet Food News. Distribution of Retail Sales of Dog Food, by Type, 2021. Market research report on the Other Pet Food industry, with Other Pet Food statistics, industry trends, and market share. Top 10 Pet Statistics for 2022. An assessment of the competitive landscape and market shares for major companies. The average cost of owning a dog per year in Canada is $3,724. Freshpet recalls one lot of fresh dog food over Salmonella. The pet industry grows by 11.6% every year. It is projected that people in the USA will spend close to $109.6 billion on their pets in 2022. Dog owners spend $73 a year on grooming. Elderly pet owners make 30% fewer visits to their doctors. The market is expected to grow annually by 3.87% (CAGR 2022-2027). According to Euromonitor International, more than 480,000 tonnes of pet food is sold in Canada annually. Pet Food Canada Revenue in the Pet Food segment amounts to US$3.59bn in 2022. This signifies the pet food market growth, which is expected to continue post pandemic. The Canada Dog and Cat Food Market research report is an infographic report covering supply, demand and trade statistics for Dog and Cat Food, both in volume and value. In global comparison, most revenue is generated in. The pandemic year brought an 18% upsurge in pet ownership in Canada. The average pet-owning household spends $1,120 per year on their pets. The MarketWatch News Department was not involved in the creation of this content. Published by Emma Bedford , Aug 3, 2021 In 2020, Pedigree (Mars Inc) was the leading pet food brand in Canada, generating approximately 260.8 million Canadian dollars in retail sales. Euromonitor International. 6. Organic Pet Food Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type, Pet Type, and Distribution Channel, and Geography. Trend #1: Holistic pet food Bespoke or niche pet food brands offering all-natural or organic pet food really aren't anything new, but the days of the pet industry being dominated by large brands like Iams or Purina are quickly fading in the rearview mirror. Well, I think it's a societal change thing. Based on current pet ownership trends, Canada's pet food market is expected to grow by 4.3% between 2020 and 2025. The population of dogs is still growing, while cats have stabilized. The annual consumer price index for pet food and supplies was measured at 159.9 in 2021,. Using data from the 2021 Canadian Community Health Survey, this release provides a household and neighbourhood level overview of home care received and unmet home care needs during the 12 months preceding the survey. COVID-19 IMPACT Freshpet Inc. voluntarily recalled of a single lot of Freshpet Select Fresh From the Kitchen Home Cooked Chicken Recipe (4.5 lb. Dry cat food sales totaled $250.9 million in 2018. Pet Care in the United Arab Emirates. Other Pet Food in Canada. Dog Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027) $ 4750 August 2022. Global Pet Care Market to Reach $255.4 Billion by 2027 Amid the COVID-19 crisis, the global market for Pet Care estimated at US$179.4 Billion in the year 2020, is projected to reach a revised size of US$255.4 Billion by 2027, growing at a . Ontario alone was home. $ 2100. Sales of dog food reached around 2.17 billion Canadian dollars in Canada in 2020 and are forecast to reach over 3.46 billion Canadian dollars by 2025. Online pet stores in Canada recorded only about 21.7% visits in 2020. According to the report published by Mars Petcare, a leading pet food manufacturer, the combined sales of cat and dog treats grew by 6.5% in the 12 weeks between February and May 2020. Canada has a strong pet food industry. May 2022. Pet food market size in Canada 2014-2020 Published by Emma Bedford , Oct 29, 2018 This statistic shows the pet market size in Canada in 2014, and a forecast for 2020. 61% of US pet owners will pay more for foods to target pets' dietary needs. Around 1 in 10 people are allergic to pets. Pets, pet products, and pet care are all part of a $103.6 billion national industry; 40.5% of revenue is from food and treats alone. Graphs (3 graphs): Total Retail Sales of Dog Food in the U.S., 2016-2026. And of course, much more. The cat food category is the second largest at CAD$1.4 billion. Pet Care in Greece. The Key Pet Industry Statistics in Review It's estimated the US pet industry reached $99 billion in 2020. There are around 5,000 tigers kept as pets in the United States. The CAGR is expected to further grow by another CAD$5.3 billion by 2025. November 2021. The market research report includes: Historical data and analysis for the key drivers of this industry. The latest cat and dog food trends and statistics covering issues that affect pet food manufacturing, pet health and nutrition, ingredient research, pet food safety and pet ownership trends and statistics that are shaping the global pet food industry. A five-year forecast of the market and noted trends. Retail sales of pet food in Canada has increased 5.8% in CAGR from Can$3.4 billion in 2016 to Can$4.2 billion in 2020 and are expected to increase in CAGR by a further 4.9% attaining Can$5.3 billion by 2025. Global Pet Dietary Supplements Market 2022-2026 $ 2500 July 2022. In 2020, retail sales of dog food amounted to approximately 2.77 billion Canadian dollars. Detailed research and segmentation for the main products and markets. 3. 31% of pet industry customers are Millennials.