Sales of pet food worldwide 2010-2022

In 2022, year-end sales of pet food worldwide are forecast to reach 123.6 billion U.S. dollars. This would be an increase of almost 20 billion dollars since 2019.

U.S. pet industry

Americans spent over 123 billion U.S. dollars on their pets in 2021. With each consecutive year, U.S. pet industry expenditures have gone up. Ten years earlier for example, total pet owner expenses amounted to some 50.96 billion U.S. dollars. Pet owners frequently need to pay for things, such as pet food, vet care, and over-the-counter medicine. In 2021, as well as previous years, pet food was the highest-selling pet market category in the United States: roughly 50 billion U.S. dollars’ worth of animal pet food was sold in 2021.

PetSmart

There are various pet specialty chains to be found in North America, such as PETCO, Pet Supplies Plus, and Woof Gang Bakery. One of the largest companies in the business is PetSmart. The company is based in Arizona, United States, and focuses on selling specialty pet animal products. As of March 2022, PetSmart had the highest number of stores in North America, namely close to 1,700.