The global pet food industry is worth $199.5 billion. And is expected to grow at a CAGR of 7.28% over the next five years.
US DTC pet food sales currently amount to $10B. That number is forecast to reach $15.5B by 2025.
Unsurprisingly, dog food leads the way in terms of revenue spend, closely followed by cat food. Outdoor birds, fish, and small mammals make up the rest of the top five.