The price per unit in the 'Pet Food' segment of the food market in Canada was forecast to continuously increase between 2024 and 2029 by in total 0.3 U.S. dollars (+8.98 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 3.68 U.S. dollars and therefore a new peak in 2029. Notably, the price per unit of the 'Pet Food' segment of the food market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Pet Food market covers food that has been specifically created to meet the nutritional requirements of domesticated animals, including dogs, cats, as well as feed products for other less common house pets such as rodents and reptiles. Various components that supply vital nutrients for the animal’s health and wellness are often included in pet food.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista. (September 27, 2024). Average price of pet food per unit in Canada from 2019 to 2029 (in U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/forecasts/1428405/pet-food-average-price-canada
Statista. "Average price of pet food per unit in Canada from 2019 to 2029 (in U.S. dollars)." Chart. September 27, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/forecasts/1428405/pet-food-average-price-canada
Statista. (2024). Average price of pet food per unit in Canada from 2019 to 2029 (in U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/forecasts/1428405/pet-food-average-price-canada
Statista. "Average Price of Pet Food per Unit in Canada from 2019 to 2029 (in U.S. Dollars)." Statista, Statista Inc., 27 Sep 2024, https://www.statista.com/forecasts/1428405/pet-food-average-price-canada
Statista, Average price of pet food per unit in Canada from 2019 to 2029 (in U.S. dollars) Statista, https://www.statista.com/forecasts/1428405/pet-food-average-price-canada (last visited October 31, 2024)
Average price of pet food per unit in Canada from 2019 to 2029 (in U.S. dollars) [Graph], Statista, September 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1428405/pet-food-average-price-canada