How much money is in the dog industry?

Nowadays, the pace of life is getting faster and faster, making many people feel less warm and more lonely inside. In this case, the pet industry is gradually becoming hot. The improvement of the economic level also allows people to afford to keep pets, of which dogs are the most popular, with the company of dogs to enhance the happiness of life a lot.

Nowadays, the pet dog industry is the fastest-growing pet industry, which contains enormous profits, and it can even be said that the pet dog industry is a profitable industry. Faced with such a prosperous pet dog industry, many people have also asked questions: How big is the pet dog industry?

How much money is in the dog industry?

Professional technical articles in the top 8 quality pet food production lines in 2021 show that the pet industry is always in a stage of rapid development. Data show that the U.S. pet market sales revenue in the past decade increased year by year, from $50.96 billion in 2011 to an estimated $ 99.1 billion last year, the total market size increased by 51.4%. The dog industry has the largest share, followed by cats.

The reason why the pet industry is so hot is mainly due to the improvement of the public economy. The improvement of the economy also allows pet owners to have more funds to buy pet supplies. Of the total sales in the United States in 2020, $42 billion will be spent on pet food, and snacks, up 9.7% year-over-year; $31.4 billion will be spent on veterinary care and product sales, up 7.2%; and $22.1 billion will be spent on supplies, live animals and over-the-counter drugs, up 15.1% from 2019.

From this, we can see that where owners spend the most is on dog food, with 61% of pet owners willing to pay more for food that meets their dog’s dietary needs, according to the survey.

The pet food industry is one of the most critical components of the pet industry. Pet owners are well aware of the impact pet food has on their pet’s health, with 43% of dog owners typically willing to pay more money for better quality dog food. According to the latest pet food industry statistics, dog food e-commerce sales have also increased, with Amazon being one of the leaders, with sales up 45% over the previous year.

Online pet food sales statistics show that 73 percent of pet owners buy food online, while 68 percent buy food at pet specialty stores.

The growth in the dog food industry can be attributed to an increase in the number of choices, with owners being able to choose from a variety of types of dog food for their dogs, including:

1. Regular, natural, and organic canned dog food

2. Dry food for adult dogs

3. Wet food for puppies

4. Puppy dry food

The increased selectivity has kept the dog food industry in a rapid growth phase.

The amazing profits have attracted countless people who want to engage in this industry. Although the pet dog industry includes dog food, dog snacks, grooming, and medical treatment, the fastest growing and largest proportion is the dog food industry. In this industry, you will gain a huge customer base.

The production of nutritious and safe dog food will ensure that manufacturers can gain maximum profits. You can not only harvest loyal customers but also harvest the friends behind the customers. Because dog breeders usually have their own fixed circle, they will often exchange dog breeding experiences and discuss what are the high-quality dog food. This word-of-mouth influence degree is far greater than other industries.

Therefore, it is necessary for manufacturers to develop quality formulas and use quality production equipment when producing dog food.

Pet Food Production Line is a new type of equipment developed by our engineers with advanced experience at home and abroad. With superior performance, made of stainless steel and internationally renowned brand accessories, durable and not easy to damage, the quality is very reliable. The self-cleaning system and the highly automated production method make the production more simple and efficient.

Pet Food Production Line can produce a wide range of animal feeds such as dog food, cat food, fish food, etc., which is widely applicable and cost-effective. If you have special production needs, you can contact our engineers, and they will provide you with customized services.

The pet dog industry has huge market potential and is developing very rapidly. It is an excellent opportunity to start a business now. If you encounter any problems, please contact us, and we will serve you wholeheartedly!