Key Market Indicators
American pet food imports are projected to soar to 311 million kilograms by 2028, up from roughly 280 million kilograms in 2023. This marks an average annual growth rate of 1.7%. Since 1996, the demand for pet food in the U.S. has consistently risen, showing a yearly increase of 1.9%. In contrast, American pet food exports are expected to reach approximately 715 million kilograms by 2028, a slight increase from about 707 million kilograms in 2023. This represents a modest average annual growth rate of 0.2%. However, since 1996, the supply of pet food for export has seen a slight decline, decreasing by 0.1% each year.
