PET Food Processing - September 2020 - 66

SIT, STAY, READ

E-COMMERCE
GAINING SPEED

%

of online pet product
shoppers purchasing from...

Online sales are
expected to account
for 27% OF ALL PET
PRODUCT SALES by
the end of 2020, and
35% BY 2024.

60% | Chewy 54% | PetSmart.com 27%
Walmart.com 24% | Petco.com 23%

Amazon

E-commerce currently accounts for 22% OF PET FOOD AND
TREAT SALES AT $6.4 BILLION. All this means online sales
will become the pet industry's TOP RETAIL channel, including
for pet food and treats.

MASS CHANNEL GAINS
Fresh pet food
Alternative proteins
Sustainable ingredients

In April and May 2020, WALMART WAS THE TOP CHOICE
FOR 32% of pet food purchasers across the United States.
38% OF PET OWNERS purchased pet food at Walmart
between May 2019 and May 2020.

Science-based and
veterinary diets

CBD SURGING

Subscription-based pet
food services

Sales of CBD-infused pet products came in at $321
million in 2019, UP 946% from $31 million in 2018. This is
expected to grow to $810 million by 2024, according to
RestoraPet, representing a CAGR OF 53%.

Focus on cat food and
treat innovation

to Nielsen, sales of dog and cat food
CONTINUOUS According
have been slightly impacted by the COVID-19

GROWTH

pandemic. Overall cat food and treat sales
totaled $2.79 BILLION between January and
June 2020, an INCREASE OF 4.3% from January to June 2019 sales. Dog food
and treat sales also INCREASED 4.3% TO $5.74 BILLION over the same period.
DOLLAR SALES

DESCRIPTION
Total Cat Food
Dry cat food

Jan-Jun 2020
$2.79 billion
$1.2 billion

Jan-Jun 2019
6%
3.5%

Jan-Jun 2020
4.3%
1%

Wet cat food

$1.16 billion

$1.22 billion

8.4%

5.3%

Cat treats
Total Dog Food
Dry dog food

$327.48 million
$5.5 billion
$2.71 billion

$369.04 million
$5.74 billion
$2.67 billion

7%
6.7%
4%

12.7%
4.3%
-1.3%

$58.01 million
$1 billion

$60.48 million
$1.1 billion

1%
12.1%

4.3%
10%

$1.74 billion

$1.9 billion

8.3%

9.6%

Semi-moist dog food
Wet dog food
Dog treats

66

Jan-Jun 2019
$2.67 billion
$1.19 billion

PERCENTAGE CHANGE IN DOLLAR
SALES VS. PREVIOUS YEAR

PET FOOD PROCESSING | September 2020 | www.petfoodprocessing.net

Sources: Nielsen Answers, Total US xAOC, Packaged Facts, "U.S. Pet Market Outlook 2020-2021 (June 2020 Update)" and "Pet Food in the U.S., 15th Edition"

Hemp and CBD-infused
pet supplements

Pet food sales in the GROCERY CHANNEL GREW 6.7% in
2019, while DECLINING 1.5% IN PET SPECIALTY.

Art: ©roxxyphotos - stock.adobe.com

TO LOOK OUT FOR


http://www.PetSmart.com http://www.Walmart.com http://www.Petco.com http://www.petfoodprocessing.net

PET Food Processing - September 2020

Table of Contents for the Digital Edition of PET Food Processing - September 2020

PET Food Processing - September 2020 - 1
PET Food Processing - September 2020 - 1
PET Food Processing - September 2020 - 2
PET Food Processing - September 2020 - 3
PET Food Processing - September 2020 - 4
PET Food Processing - September 2020 - 5
PET Food Processing - September 2020 - 6
PET Food Processing - September 2020 - 7
PET Food Processing - September 2020 - 8
PET Food Processing - September 2020 - 9
PET Food Processing - September 2020 - 10
PET Food Processing - September 2020 - 11
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PET Food Processing - September 2020 - 14
PET Food Processing - September 2020 - 15
PET Food Processing - September 2020 - 16
PET Food Processing - September 2020 - 17
PET Food Processing - September 2020 - 18
PET Food Processing - September 2020 - 19
PET Food Processing - September 2020 - 20
PET Food Processing - September 2020 - 21
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PET Food Processing - September 2020 - 23
PET Food Processing - September 2020 - 24
PET Food Processing - September 2020 - 25
PET Food Processing - September 2020 - 26
PET Food Processing - September 2020 - 27
PET Food Processing - September 2020 - 28
PET Food Processing - September 2020 - 29
PET Food Processing - September 2020 - 30
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http://digital.petfoodprocessing.net/sosland/pfp/2020_09_01
http://digital.petfoodprocessing.net/sosland/pfp/2020_06_01
http://digital.petfoodprocessing.net/sosland/pfp/2020_03_01
http://digital.petfoodprocessing.net/sosland/pfp/2019_12_01
http://digital.petfoodprocessing.net/sosland/pfp/2019_10_01
http://digital.petfoodprocessing.net/sosland/pfp/2019_09_01
http://digital.petfoodprocessing.net/sosland/pfp/2019_06_01
http://digital.petfoodprocessing.net/sosland/pfp/2019_03_01
http://digital.petfoodprocessing.net/sosland/pfp/2018_12_01
http://digital.petfoodprocessing.net/sosland/pfp/2018_09_01
http://digital.petfoodprocessing.net/sosland/pfp/2018_06_01
http://digital.petfoodprocessing.net/sosland/pfp/2018_03_01
https://www.nxtbookmedia.com