The US Fresh Pet Food Market was valued at USD 5890.88 million in 2017 and is estimated to reach USD 11,177.6 million, progressing at a CAGR of 23.71% by 2027. The new product launches are a key factor driving the fresh pet food market growth in the US.
Technavio publishes the new report on “Fresh pet food market in the US by distribution channel (offline and online), product (dog food, cat food, and others), and material (fish, meat, vegetable, and others).” The fresh pet food market growth in the US by the offline segment will be significant during the forecast period.
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The fresh pet food market in the US structure is fragmented in nature and the vendors are deploying growth strategies such as acquisitions, product launches, and others to promote their businesses in the global market.
Some of the key offerings include
Some of the major fresh pet food markets in the US Companies areArrow Reliance Inc., Artemis Pet Food Co., Carnivore Meat Co. LLC, Cooking4Canines, Fromm Family Foods LLC, Great American Dog Food Co., Havegard Farm Inc., JustFoodForDogs LLC, Mars IncMy Perfect Pet Food Inc.,, NomNomNow Inc., Pauls Custom Pet Food LLC, Primal Pet Foods Inc., Rabbit Hole Hay Inc., Raised Right Pets LP, The Farmers Dog Inc., The J.M Smucker Co., Whitebridge Pet Brands LLC, Freshpet Inc., Nestle SA, etc. Technavio's report includes qualitative and quantitative analyses of core companies with a wider understanding of the business ecosystem.
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Factors Impacting the Fresh Pet Food Market in US Growth
The new product launches are a key factor driving the fresh pet food market value in the US.
The expansion of fresh pet food vendors is the major fresh pet food market trend in the US which will positively influence market growth.
Lower shelf life compared with processed pet foods is a major challenge to the fresh pet food market size in the US.
Technavio’s research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the fresh pet food market in the US.