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Market research firm Packaged Facts breaks down global pet food sales, with the United States leading the charge with an estimated $59 billion by the end of 2020.
The market research firm has highlighted opportunities for cat product proliferation, ingredient and sourcing claims, private label brand growth and other opportune areas for the industry to grow.
Although pet services are still expected to decline, Packaged Facts expects non-food pet product sales to grow 8% to $59 billion by the end of the year.
Packaged Facts discusses impacts to pet food and treat products, non-food products, non-medical and veterinary services and e-commerce expected during and after COVID-19.