Tailored from a press launch:
U.S. pet house owners spent US$50 billion on pet meals and treats out of the entire US$93.95 billion spent straight on pets in 2021, in line with the research “The Economics of the U.S. Pet Meals and Pet Provide Trade.” The pet sector could have contributed US$260.5 billion straight and not directly to the U.S. financial system and accounted for a web contribution to the annual gross home product (GDP) of US$174.67 billion in 2021.
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The evaluation additionally discovered that the pet sector helps almost 2.78 million jobs throughout the nation, with an estimated 1.09 million folks working straight in pet associated companies and one other 1.68 million jobs linked not directly to shopper expenditures for pets. Client expenditures on pets additionally generated public revenues from native, state and federal taxes of US$23.4 billion.
The research was sponsored by the American Pet Merchandise Affiliation, the Pet Advocacy Community, the Pet Meals Institute, the Pet Trade Distributors Affiliation, and the World Pet Affiliation. Carried out by the Middle for Financial Evaluation at Michigan State College by way of the Animal Coverage Group LLC and Animal Well being Economics LLC, the report additionally sourced pet possession information from the 2021-2022 APPA Nationwide Pet House owners Survey.
For the evaluation, statistics on animals generally saved in properties had been used. This consists of canine, cats, ferrets, rabbits and small mammals, amphibians and reptiles, birds, and contemporary and saltwater fish. Segments factored in as supporting the pet sector included pet gross sales, pet meals manufacturing, veterinary companies, pet prescribed drugs, pet merchandise (e.g., toys, crates, meals bowls, leashes, and different merchandise), retail sellers and pet companies similar to grooming and boarding.
61 US-based canine, cat and different pet meals corporations 2021
The pet meals market within the US is various, with a spread of choices obtainable to pet house owners together with dry kibble, moist meals, freeze-dried, uncooked, and even custom-made diets tailor-made to the particular wants of a pet. The demand for pure and natural pet meals merchandise has additionally been rising in recent times, as extra pet house owners search out higher-quality and extra healthful choices for his or her pets. In 2021, these canine, cat and different pet meals corporations had headquarters in the USA. If obtainable, the pet meals companies’ annual revenues in 2021 seem in Petfood Trade’s High Pet Meals Firms Present Knowledge. Firms are listed in alphabetical order.
|
|
COMPANY |
2021 REVENUE |
|
1 |
US$400,000,000 |
|
|
2 |
US$800,000,000 |
|
|
3 |
US$875,000,000 |
|
|
4 |
US$380,000,000 |
|
|
5 |
US$46,000,000 |
|
|
6 |
US$40,000,000 |
|
|
7 |
US$5,610,000 |
|
|
8 |
US$50,000,000 |
|
|
9 |
US$200,000,000 |
|
|
10 |
|
|
|
11 |
|
|
|
12 |
|
|
|
13 |
US$570,900,000 |
|
|
14 |
US$1,500,000,000 |
|
|
15 |
|
|
|
16 |
US$16,000,000 |
|
|
17 |
US$425,490,000 |
|
|
18 |
US$7,100,000 |
|
|
19 |
US$1,732,000,000 |
|
|
20 |
|
|
|
21 |
US$30,000,000 |
|
|
22 |
US$6,000,000 |
|
|
23 |
US$3,311,000,000 |
|
|
24 |
|
|
|
25 |
US$200,000,000 |
|
|
26 |
|
|
|
27 |
|
|
|
28 |
US$2,694,000,000 |
|
|
29 |
US$30,800,000 |
|
|
30 |
US$100,000,000 |
|
|
31 |
|
|
|
32 |
|
|
|
33 |
US$19,000,000,000 |
|
|
34 |
US$485,000,000 |
|
|
35 |
US$115,070,000 |
|
|
36 |
US$80,000,000 |
|
|
37 |
US$264,000,000 |
|
|
38 |
US$16,500,000,000 |
|
|
39 |
US$108,000,000 |
|
|
40 |
US$80,000,000 |
|
|
41 |
US$22,000,000 |
|
|
42 |
|
|
|
43 |
US$40,000,000 |
|
|
44 |
US$54,620,000 |
|
|
45 |
US$62,000,000 |
|
|
46 |
US$40,000,000 |
|
|
47 |
US$1,000,000,000 |
|
|
48 |
US$50,000,000 |
|
|
49 |
US$664,190,000 |
|
|
50 |
US$52,400,000 |
|
|
51 |
US$350,000,000 |
|
|
52 |
US$59,100,000 |
|
|
53 |
US$22,000,000 |
|
|
54 |
US$40,000,000 |
|
|
55 |
|
|
|
56 |
US$15,000,000 |
|
|
57 |
US$308,500,000 |
|
|
58 |
|
|
|
59 |
US$700,000,000 |
|
|
60 |
|
|
|
61 |
US$150,000,000 |
Take part within the High Pet Meals Firms survey
The Petfood Trade High Pet Meals Firms venture yearly surveys pet meals corporations, all the time with an purpose of increasing the attain and scope of the businesses throughout the rankings. To be thought of for inclusion within the yearly rankings, please contact pettopco@wattglobal.com. The information is gathered every year by way of quite a lot of strategies, together with direct firm contact (a survey is emailed to taking part corporations), in-depth analysis and estimates.
Buy key information on main US pet meals producers
The knowledge is bought as a downloadable spreadsheet, permitting prospects to kind, filter and analyze the information to fit your particular wants. Knowledge factors embody, the place obtainable, mailing handle, kind of merchandise provided, manufacturers, variety of staff, variety of services and annual gross sales from 2017-2021. The businesses are ranked by 2021 income.
