One of the most powerful industries in the world is for the sure the pet industry. According to all dog food statistics, industry records increase every year. In
The United States is one of the leading countries because of the number of households that own at least one dog. One of the main costs when having a dog is food, do you know how much average dog owners spend annually on dog food and treats?
During the global pandemic, there were some changes in food sales, and one of the most known websites-Amazon – revealed the statistics during the first year of the pandemic. If you want to check all the newest statistics and facts about this interesting topic, keep on reading this article.
Top 8 Dog Food Facts
- In 2020., the pet food industry worth $38.4 billion.
- Average dog owners will spend $300 on dog food and treat.
- About 61% of pet owners will pay more for dog food than their pet’s needs.
- Amazon increased sales by up to 45% during a pandemic.
- Around $2.94 billion dog treats were sold in 2020.
- More than 10% of dog owners feed their pets with plant-based diets.
- At least 95% of dog food products must be named ingredients.
- The global pet food market is expected to grow by around 4.5% by 2025.
16 Newest Dog Food Statistics
1. In 2020., the pet food industry worth $38.4 billion
One of the biggest industries is for the sure pet industry, which is worth it in 2020. was about $99 billion. Out of this number, pet food and treats went around $38.4 billion. Because there is more and more dog adoption, there is an expected increase in the pet food industry in the future.
2. Average dog owners will spend $300 on dog food and treat
According to pet food industry statistics in the last few years, analysis shows that dog owners will spend around $300 on dog food and treats every year. About $76 will go on treats and $259 on dog food.
The amount of money the owner will spend on dog food depends on the breed, quality of food, and the size of a dog.
3. Around 43% of dog owners buy premium pet food
There are different types of pet food on the market, and one of the most expensive is premium pet food which usually includes better ingredients as well as more practical and better-looking packaging that catch everyone’s eye.
According to the latest dog statistics, about 43% of dog owners buy premium pet food every month. Comparing it to the second most popular pet, about 41% of cat owners are buying premium food every month.
4. About 61% of pet owners will pay more for dog food than their pet’s needs
Dog owners are more aware of the impact dog food has, so they’re really focusing to target specific types of food for their pet’s dietary needs. According to statistics, in the United States, about 61% of pet owners will buy more for specifically healthy food, including dry and wet food or treats.
5. The global pandemic increased pet food sales
One of the effects of pandemics because of the Covid-19 virus was an increase in pet food sales through 2020. homes that have around $70,000 incomes increased their pet food purchases by 25%.
The increase of the purchases was mostly online, which is still the easiest and safest way for purchase during the global pandemic.
6. Dog owners spend $442 on dog food during a pandemic
Even if there are many statistics that show that the average dog owner will spend around $300 dollars on dog food, according to surveys from 2020, results are much higher.
Surveyed dog owners stated that they spent about $442 dollars in 2020., which is the year when the global pandemic because of Covid-19 started. The reason why the owners spend much more on dog food which includes the treat is that many of the citizens were at home.
7. Amazon increased sales by up to 45% during a pandemic
The Covid-19 pandemic affects all the prices, including dog food prices, as well. In the last year, Amazon increased sales by up to 45% compared to the year before the pandemic. Because the dog food was way too expensive during a pandemic, this move was necessary.
The result showed that most of the dog owners bought wet dog food, around 63% of them. In the second place as the most bought food treat, about 52% of dog owners buy some of the treats from sale on Amazon. With 32%, in the third-place is dry dog food.
8. Around $2.94 billion dog treats were sold in 2020
According to data from 2020, in the United States sales value was about $5.35 billion, and approximately $2.94 billion dog treat was sold till this year. The pandemic because of the Covid-19 virus impact the sale of dog treats and increase it because many humans stayed at home during the quarantine.
9. Three out of ten dog owners buy dry food
Even if wet food is one of the top buying food according to Amazon data, statistics show that 3 out of 10 dog owners are still using dry food. Dry food is very practical for use but it doesn’t need to be the only type of food for a dog.
Other interesting statistics show that 40% of dog owners who’re buying dry food every week will spend more money on extra wellness services like grooming, bathing, etc.
10. More than 10% of dog owners feed their pets with plant-based diets
One of the food that become very popular in the last few years is plant-based or organic pet food. In 2020. this vegan market had $22.8 billion. According to dog ownership statistics, more than 10% of dog owners feed their dogs with organic food
Even if the organic food industry is very controversial, because of animal rights activists who try to raise awareness of meat trades, this industry continues the increase every year. Dogs are carnivores, and replacing normal food with a plant-based diet can have really negative consequences for health.
11. One in four dog owners gave their pet CBD oil-infused products
One of the biggest trends in the pet food industry is CBD oil-infused products and they’re one of the top buying products on the market. Natural and organic statistics reveal that 1 in 4 dog owners gave their dog some CBD oil-infused product.
According to surveys, 2 of 3 owners will buy some of the CBD product again, mostly because they saw many benefits from using it.
12. Only 169 new pet food products launched in 2020
Mintel Global New Products Database revealed the results from 2017 to 2020 which show the number of launches of new pet products on the market.
In 2017. there were 632 new pet launches and comparing it to the year when the pandemic started, 2020. there were only 169 pet products, including those for dogs. We can conclude that in the last few years there was a decrease in the launches.
13. The global food market size was $93.94 billion in 2020
Even if the Covid-19 pandemic has a bad impact on all industries, including the supply chain on the pet industry, the result was still very good and the market size was $93.94 billion in 2020. North America currently holds the majority of this market.
Manufactures continue with an effort to make a maximum of dog food and supplies which results in the growth of 3.5% comparing it to average yearly growth from 2017-2019.
14. The global pet food market is expected to grow by around 4.5% by 2025
The pet food market is one of the biggest industries that’s records growth every year, mostly because of the constant increase in dog adoption, according to dog ownership statistics.
In 2018. the pet food market was valued at $83.02 billion. According to all statistics, there is an expected annual growth rate of 4.5% till 2025.
15. With 58, 34% dogs are leading revenue contributors
According to Global Pet Food Market Share by type of animal, results show that in 2020. dogs are leading revenue contributors with 58.34%. According to North America Pet Food Market Share, dogs are also dominant animals with 61.93%.
The dominance of this pet in the global pet market was the result of the increase in adoption, and according to statistics, every year there is more and more dog adoption in the United States so it is expected that this animal will continue its dominance.
16. At least 95% of dog food products must be named ingredient
The name of the product is one of the marketing tricks which usually give the first clue about ingredients. According to dog food statistics, dog owners that are buying specific ingredients will base their buying decision on the product name.
To make sure that dog owners will buy a specific ingredient that their dog needs to be healthy, especially if they’re on a strict diet, The The Association of American Feed Control Officials has rules.
There is a 95% rule which means that 95% of products must be named ingredients, for example, chicken. If there was added water, the pet product needs to contain at least 70% of the main ingredient that is named on the label.
To Sum Up
According to all dog food statistics and facts from our article, we can summarize that food industry reconrd increase every year.In the United States, the average dog owners will spend around $300 on doog food and treats, whiele during pandemic the cost was even more. OTill 2025. the expcted annual growth rate of food industry is around 4.5%. More and more dog owners buying a premium pet food and the high-quality food that will target their dog’s dietary needs.