Pet Food & Supplies Wholesaling in the US - Market Research Report (2013-2028)
New York, United States
Last Updated: December 2023
NAICS OD5879Revenue
$19.8bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
13,656
Businesses
963
Wages
$XXX.Xm
Pet Food & Supplies Wholesaling in the US industry analysis
Pet food and supply wholesalers have enjoyed climbing revenue as the popularity of owning animals as household companions continues to grow among different demographics. In 2023, the number of pets in the United States will reach 189.6 million. The increase in pet ownership has coincided with a growing tendency to treat pets as family members, encouraging consumers to buy higher-priced, premium pet food products that are marketed with special benefits, formulas or ingredients. The industry is expected to see total revenue rise at a CAGR of 2.4% to $19.8 billion over the five years to 2023, despite a contraction of 1.7% in 2023.
Trends and Insights
- Americans have increasingly humanized their pets, making them part of the family. This has led to increased spending on pets, working in concert with increased pet ownership to strengthen demand for pet food.
- Lower-cost dry pet food is the most popular product in the industry. The popularity has waned because of concerns over preservatives, though.
- The industry is geographically dispersed, with locations tied to the distribution of economic activity, access to transportation, proximity to retailers and general population density. These factors have made the Southeast, West, Mid-Atlantic and Great Lakes regions primary locations for wholesalers.
- Despite the industry's ease of entry, wholesalers face serious challenges from upstream manufacturers and downstream retailers. Competitors have cut costs by taking care of wholesale-type activities like purchasing and storage in-house, bypassing pet food and supply wholesalers.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has grown at a CAGR of 2.4 % over the past five years, to reach an estimated $19.8bn in 2023.
Trends and Insights
Pet ownership is on the rise
- Consumers have been getting married later and later in their lives on average and many are choosing to adopt a pet to find companionship in the meantime.
- Additional trends and insights available with purchase
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Positive economic trends will support spending on pets
- Rising pet ownership will lead to greater demand for discretionary and nondiscretionary products, including food, toys and services such as veterinary care and pet sitting.
Biggest companies in the Pet Food & Supplies Wholesaling in the US
| Company | Market Share (%)
2023 | Revenue ($short_0)
2023 | Profit ($short_0)
2023 | Profit Margin (%)
2023 |
|---|
There are no companies that hold a large enough market share in the Pet Food & Supplies Wholesaling in the US industry for IBISWorld to include in this product.
Products & Services Segmentation
Pet Food & Supplies Wholesaling in the US
Products & Services
Industry revenue is measured across several distinct product and services lines, including Dry dog food, Dry cat food and Wet cat food. Dry dog food is the largest segment of the Pet Food & Supplies Wholesaling in the US.
Trends and Insights
Lower-cost dry pet food is the industry-leader
- Pet food is the largest revenue segment as food is necessary for all living things.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Cattle & Hog Wholesaling in the US
- Farm Supplies Wholesaling in the US
- Pet Stores in the US
- Pet Grooming & Boarding in the US
International industries
- Soft Drink and Pre-Packaged Food Wholesaling in Australia
- Soft Drink and Pre-Packaged Food Wholesaling in New Zealand
- Juice, Mineral Water & Soft Drink Wholesaling in the UK
- Food, Beverage & Tobacco Wholesaling in Ireland
- Beverage and Tea Wholesalers in China
Table of Contents
About this industry
Industry definition
This industry includes businesses that purchase products from upstream industries for sale to downstream industries, including retailers, consumers and other wholesalers. Products sold in this industry include wet and dry food for dogs and cats, bird feed, other pet food and treats, food bowls, collars and leashes, litter, cages, travel carriers and other pet supplies and accessories. Companies in this industry may also wholesale pets.
What's included in this industry?
Wet pet food wholesalingDry pet food wholesalingBird feed wholesalingPet treats wholesalingDomesticated pet wholesalingPet collars, leashes, liter, food bowls, travel carriers and other pet supplies and accessories wholesalingCompanies
Purchase this report to view all major companies in this industry.
Related Terms
ELECTRONIC DATA INTERCHANGE (EDI)RADIO FREQUENCY IDENTIFICATION (RFID)DRY FOODWET FOODIndustry Code
NAICS 42449 - Pet Food & Supplies Wholesaling in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Americans have increasingly humanized their pets, making them part of the family. This has led to increased spending on pets, working in concert with increased pet ownership ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Lower-cost dry pet food is the most popular product in the industry. The popularity has waned because of concerns over preservatives, though.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2023
- Product innovation level
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The industry is geographically dispersed, with locations tied to the distribution of economic activity, access to transportation, proximity to retailers and general population...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each state in 2023
- Number and share of revenue each state accounts for in 2023
- Number and share of wages each state accounts for in 2023
- Number and share of employees in each state in 2023
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Despite the industry's ease of entry, wholesalers face serious challenges from upstream manufacturers and downstream retailers. Competitors have cut costs by taking care of w...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Pet food wholesaling is highly fragmented. The majority of companies are small operators that cater to local and niche markets.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Federal agencies regulate the international trade of pet food products. State governments also oversee testing and labeling to ensure products are properly made and advertise...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Purchases account for the overwhelming majority of all spending by wholesalers. Larger companies with expansive distribution networks can often secure more favorable purchase...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Industry Multiples (2016-2021)
- Industry Tax Structure (2016-2021)
- Income Statement (2016-2021)
- Balance Sheet (2016-2021)
- Liquidity Ratios (2016-2021)
- Coverage Ratios (2016-2021)
- Leverage Ratios (2016-2021)
- Operating Ratios (2016-2021)
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Pet Food & Supplies Wholesaling in the US industry in United States in 2024?
The market size of the Pet Food & Supplies Wholesaling in the US industry in United States is $19.8bn in 2024.
How many businesses are there in the Pet Food & Supplies Wholesaling in the US industry in 2023?
There are 963 businesses in the Pet Food & Supplies Wholesaling in the US industry in United States, which has declined at a CAGR of 2.6 % between 2018 and 2023.
Has the Pet Food & Supplies Wholesaling in the US industry in United States grown or declined over the past 5 years?
The market size of the Pet Food & Supplies Wholesaling in the US industry in United States has been growing at a CAGR of 2.4 % between 2018 and 2023.
What is the forecast growth of the Pet Food & Supplies Wholesaling in the US industry in United States over the next 5 years?
Over the next five years, the Pet Food & Supplies Wholesaling in the US industry in United States is expected to grow.
What does the Pet Food & Supplies Wholesaling in the US in United States include?
Wet pet food wholesaling and Dry pet food wholesaling are part of the Pet Food & Supplies Wholesaling in the US industry.
How competitive is the Pet Food & Supplies Wholesaling in the US industry in United States?
The level of competition is moderate and increasing in the Pet Food & Supplies Wholesaling in the US industry in United States.
