In 2023, the import volume of dog or cat food to the US stood at approximately 279 million kilograms. The forecasted data from 2024 onwards shows a steady upward trend, with an average annual increase indicated by a 5-year CAGR. Specifically, the volume is expected to grow by around 2-3% annually, reaching an estimated 311 million kilograms by 2028. This consistent growth reflects a robust demand proportional to the increasing number of pet ownership in the US, supported by premiumization in the pet food industry and a preference for imported brands.
Future trends to watch for include:
- The increasing influence of the raw and organic pet food segment, which may affect the kind of products imported.
- Potential regulatory changes impacting international trade and import tariffs.
- The evolving landscape of e-commerce, enhancing the availability and reach of international pet food brands in the US market.
- Developments in sustainable sourcing and packaging, which could reshape import preferences and logistics.