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$ 8.64 Billion Growth in Fresh Pet Food Market in US During 2021-2025 | Featuring Key Vendors Including Artemis Pet Food Co., Carnivore Meat Co. LLC, and Freshpet Inc. | Technavio

·4 min read

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Technavio announces the release of its latest report on the fresh pet food market in the US. The market is segmented by product (dog food, cat food, and others) and distribution channel (supermarkets and hypermarkets, pet specialty stores and vet clinics, convenience stores, and others). Get a Free Sample Report Delivered Instantly

Fresh Pet Food Market in US - Forecast and Analysis 2021-2025
Fresh Pet Food Market in US - Forecast and Analysis 2021-2025

The report offers an in-depth analysis of recent developments, changes in market regulations, product approvals, product launches, and the market behavior across various segments.

Fresh Pet Food Market in US: Key Findings

  • Fresh pet food market in US value to grow by USD 8.64 billion at almost 24% CAGR during 2021-2025

  • Based on the distribution channel, the supermarkets and hypermarkets segment will offer maximum opportunities for vendors during the forecast period

  • Based on the product, the dog food segment will offer maximum opportunities for vendors during the forecast period

  • Fresh pet food market in the US is expected to have a positive impact due to the spread of COVID-19

Fresh Pet Food Market in the US: Growth Drivers

New product launches is one of the prime factors driving the growth of the market. Vendors in the market are focusing on expanding their business and attract more customers by introducing new products. For instance, in April 2019, Tiki Pets, a brand of Whitebridge Pet Brands, launched its new fresh cat and dog food product line. The new product line includes a moisture-rich diet of fresh meats and is free from carbohydrates. Similarly, in February 2019, Freshpet announced the launch of Homestyle Creations. The new product line includes USDA-certified chicken and beef patties and is available at selected Target and Meijer stores. Such increasing product offerings are expected to foster the growth of the fresh pet food market in the US during the forecast period.

"Increasing adoption of pets in the US and the rising adoption of customized fresh pet foods will further boost market growth during the forecast period", says a senior analyst at Technavio.

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Fresh Pet Food Market in US: Major Vendors

Artemis Pet Food Co.

Artemis Pet Food Co. operates its business through the Unified segment. The company provides fresh pet food under the brands, Heat Isolate Technology, Fresh mix, and Osopure.

Carnivore Meat Co. LLC

Carnivore Meat Co. LLC operates its business through the Unified segment. The company manufactures premium-quality, raw frozen, and freeze-dried pet food and treats.

Freshpet Inc.

Freshpet Inc. operates its business through the Unified segment. The company manufactures fresh, refrigerated dog and cat food with no preservatives.

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Related Reports on Consumer Staples Include:

Global Wet Pet Food Market – Global wet pet food market is segmented by product (wet cat food, wet dog food, and others), distribution channel, and geography (North America, Europe, APAC, South America, and MEA). Get an Exclusive Free Sample Report

Global Organic Pet Food Market – Global organic pet food market is segmented by product (dry organic food and wet organic food), animal type (organic dog food, organic cat food, and others), and geography (APAC, Europe, MEA, North America, and South America). Get an Exclusive Free Sample Report

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Newsroom: https://www.technavio.com/news/fresh-pet-food-market

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Technavio (PRNewsfoto/Technavio)
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SOURCE Technavio