Global Pet Industry, From humanized care and smart devices to eco-conscious materials and cross-border trade, the future of Spending growth in the pet industry could reach 7% annually by 2030, after below-average growth of 2. 01% (CAGR 2026-2030). 692 million metric tons (mt) in 2024, a 4. 90% CAGR. 2 billion by 2033, at a CAGR of 5. What are the effects on the pet industry of inflation stabilization? As inflation continues to level off from its historic 2022 high, PETS International takes a look at where and why prices are now The global pet care market reached USD 207. According to BI, the global pet industry is The latest report from the World Animal Foundation highlights a remarkable trend: even during economic downturns, the pet industry remains Recent strength in food sales by companies including Mars and J. Global economic and political pressures, tariff turbulence and an overall picture of uncertainty remain the backdrop for the pet industry. Was that growth truly beneficial for the industry? An overview of the pet industry in the United States in 2024, including the most recent statistics and trends. 8 billion by 2033, at a CAGR In-depth analysis of the pet industry statistics, including innovations, financial trends, supply and demand, and employment. New York, March 24, 2023 — The pet industry is poised to swell from $320 billion today to almost $500 billion by 2030, according to a new report from Bloomberg Intelligence (BI). 2% compound annual rate through 2033, driven by rising pet ownership and demand for natural ingredients, according to Growth Market From a global perspective, North America and Europe continue to dominate the pet industry, with well-established markets and regulatory frameworks that shape industry trends. S. Despite significant and enduring market shifts due to the COVID-19 pandemic, the global pet industry is expected to adapt and grow at a CAGR of 6% in the coming decade. Pet Services Market Summary The global pet services market size was valued at USD 65. The pet care market and pet ownership are growing globally; in the US, online sales and product claims carrying from human food to pet food are The GlobalPETS Forum (GPF) 2025, held in Prague from 22 to 24 January, marked its 25th edition and brought together pet industry insiders from around the world to discuss some of the The pet food industry is undergoing a remarkable transformation driven by global population growth and the increasing humanization of pets. Analyze competitive insights and forecasts. Explore the latest pet industry statistics and trends for 2026. Global Pet Industry's topics section is likely a treasure trove of information covering various aspects of the pet industry. This directory is the most complete database in the industry and features more than Purchase the World Market for Pet Care Global Briefings as part of our Pet Care research for June 2024. Even in the case of the Covid-19 epidemic GlobalPETS inspires, informs and connects pet professionals in 130+ countries. 5% of the pet food market size in 2025, while pet veterinary diets will be the fastest-growing segment, Some pet owners have begun or are considering trading down the amount they spent on pet supplies, while others are switching to more affordable brands. 50% from 2023 to 2030. From booming markets and expanding product segments to the rise of pet ownership Pets Market Outlook According to our latest research, the global pet care market size in 2025 stands at USD 264. The pet industry now has a well-established system that does more than just buy and sell pets, and the market size of the pet industry is growing every year [1]. The dog segment holds the largest market share and shows significant growth, with the fastest-growing CAGR of 6. 50 billion by 2034, exhibiting a CAGR of 5. 86 billion kilograms. Pet Care Market: Challenges Lack of standardization in terms of pet care products and services is a key challenge The global pet care market is plagued with a significant lack of standardization policies The pet industry experienced a significant boom during the pandemic but now we're seeing the aftermath. 01 billion in 2025 and is expected to reach around USD 685. 6% during this period. The global pet food market size reached US$ 118. 1 billion by 2034, growing at a CAGR of 6. The global pet industry is considered one of the fastest growing market segments. 9% from The source for cat food, dog food and pet treat manufacturers, pet food ingredients research, pet industry news and pet food insider commentary. Dogs represented the largest pet type in 2024, with a 41. 5% increase from the previous year, according to Alltech’s newly released The global pet industry is expected to reach $325. 46 billion in 2026 to $199. Pet industry expenditures reached $158 billion in 2025 (+3. 69% Pet care, driven primarily by pet food, faces stable volume consumption growth as, despite economic challenges, spend on pets remains Whatever pet you have, our list of pet industry statistics for 2026 will help you understand the latest trends of the pet industry. Discover trends, perspectives, and key players in the field from leading experts. 3%. It creates extensive employment opportunities across a range of sectors, including The global pet care market is projected to reach USD 476. 1% PETS International magazine The pet industry’s favorite trade publication and magazine that reaches 40. The global pet industry will expand by more than 45 percent over the next six years, surpassing $500 billion by 2030, according to a new report from Bloomberg Intelligence (BI). 92 BILLION IN 2023 AND IS PROJECTED TO REACH USD 340. 85 billion by 2030. NEW YORK — The global pet industry is expected to reach $500 billion in revenue by 2030, an increase of more than 45%, according to a new According to industry analysts, the global pet care market is expected to surpass $350 billion by 2026, with services such as training, vet. The global pet care market size was evaluated at USD 346. This Growing awareness about pet longevity and disease prevention, combined with the humanization of pets, has significantly increased spending on healthcare services, wellness products, and specialized The source for cat food, dog food and pet treat manufacturers, pet food ingredients research, pet industry news and pet food insider commentary. 4% from 2025 to 2034. The American Pet Products Association is the leading research provider of pet industry statistics, market size and insights for the pet product industry. 26% to reach USD 369. It integrates various The pet food market report includes the analysis of the regional as well as global pet food market trends, key players, market segments, application areas, and market growth strategies. The pet care industry has a significant socio-economic impact, contributing billions of dollars annually to global economies. 7%) and are projected to The Full View of The Pet Industry: A Comprehensive Analysis of Consumer and Product Trends Key Trends in the Omni Marketplace Today, the Pet Care Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2031) The Pet Care Market Report is Segmented by Product Type (Pet Food, Pet Healthcare, Pet Grooming Key Report Takeaways By pet food product, food was the largest segment, with a 67. 6 billion in 2026 to USD 125. 65 Billion by 2035 at 5. 5 billion in 2023 and will rise at a compound annual growth rate (CAGR) of 8. The global pet industry is projected to reach $300 billion by 2030. 7 billion in 2025 and is projected to grow from USD 135. 72bn in 2026. The global pet industry is set to grow more than 45% over the next five years, surpassing US$500 billion by 2030, according to Bloomberg Intelligence’s newly released 2025 Pet Economy Pet care market is expanding rapidly, offering a variety of products and services ranging from premium food and designer clothing to luxurious grooming and spa treatments. Smucker has set the stage for the global pet industry to expand more than 45% to exceed $500 billion by 2030. Over 60% of households Inflation and a slowdown in pet population growth affected the pet care market in 2024. It includes things that are associated with the production, consumption and cultural activities linked to the market. 71 billion in 2025 and grow at a CAGR of 8. 6 Billion by 2028, exhibiting a growth rate (CAGR) of 5. 67 billion by 2033, according to a new report by Grand View Research, Inc. Pet Care Market is segmented by Offering Type (Products, Professional Services, Value Added Services, Crisis Relief Services), Pet Type (Dogs, Cats, Birds, Fish and Reptiles, Small Pets, Knowledge center Discover the latest pet industry developments, new research, interesting insights and more. This change of attitude is The global pet food market size is projected to grow from $134. Nevertheless, global retail sales of pet food, treats and The power of connection. Market Growth and Consumer Spending: The pet care industry is expanding significantly Changing Shopping Behaviors: Traditional retail Worldwide: Revenue in the Pet Food market amounts to US$161. 24 Billion in 2025, projected at USD 367. 0 million in 2020, and is estimated to reach $269,497. Pet Food Market Summary The global pet food market size was valued at USD 128. 82 billion by 2035, with a CAGR of 7. Looking forward, the market is set to reach US$ 161. Why trade shows are essential for the industry As the pet sector continues to make advances globally, pet-focused trade events have grown in size and Pet Industry Statistics on pet food reveal that, as of 2024, the volume of pet food is projected to reach 52. Definition: The Pet Food market covers food that has Global Pet Market Future Outlook The future of the pet market looks promising, driven by ongoing trends in pet humanization and technological advancements in pet care. Pet food production reached 37. Global brings the pet industry together to do business. 000+ pet professionals in 130+ countries and dives Industry Outlook & US Pet Ownership The U. 71 BILLION BY 2029, GROWING AT A CAGR OF 7. The question is: which trends will drive this Explore 2025's top pet care trends—pricing, premiumisation & health—driving global growth in cat and dog food. The market is expected to grow annually by 5. M. From food to tech-enabled Home - Consumer - Pet Care Market Analysis Pet Care Market Analysis 2026 Proprietary Database, Market Surveys, Strategic Consultation & Advisory Services, Industry & Competitive Intelligence — Pet Care Market Summary The global pet care market size was valued at $138,270. pet market continues to show resilience and momentum. 35% during Pet Industry Overview Explore the dynamic growth and evolving trends in the global pet care industry. We would like to show you a description here but the site won’t allow us. It is projected to reach over $150 billion (€139B) in 2025 The global pet care market analysis provides an in-depth study of market insights, size, and forecast by distribution channel, as well as all other market segments included in the report. 01% Here are 7 important trends in the pet industry for 2025 and beyond. 5% projected in 2024 and 3. . Countries Reports: Explore the Global Pet Industry Market Insights. Pet Market - Global Size, Share & Industry Trends 2024-2032 Pet Market Global Industry Analysis and Forecast (2024-2032) By Pets Type (Dogs, Cats, Others) Price Range (Premium, Economy) Gender Pet Care Market Overview: The pet care industry is a continuously growing sector that emphasizes on offering Pets and services that improve the well-being of pets. The market is anticipated to expand at a CAGR of 5. 05% in the forecast period Attend Global Pet Expo March 26-28, 2025 in Orlando, FL at the Orange County Convention Center. The Discover top pet industry companies and your next business partners. 9% in 2025. 2% from 2021 to Get Key Insights on Market Forecast (PDF) Get Free Sample How is the Pet Care Market Segmented? The pet care industry research report provides comprehensive data (region-wise segment analysis), Industry Insights: Stay informed with comprehensive analyses, trends, and developments within the global pet industry. A pet industry global icon For half a century, the Classic brand has been more than just a name in the pet industry – it’s a symbol of British ingenuity, quality and reliability. 5 million by 2030, registering a CAGR of 6. And Classic’s future The major factors influencing the growth of the global pet market are mobile pet grooming, strategic initiatives by the major market players, growing humanization and manufacturers opting for e The pet economy is expected to grow more than 50% in coming years, powered by spending on sophisticated drugs and treatments — and more Additional coverage includes sustainability trends, smart pet technologies, pet insurance adoption, online retail growth, and regulatory developments shaping the future of the global Pet Care The global pet food market by pet type is categorized into dog, cat, and others. Based on similar market projections, it is expected to The global Pet market size will be USD 18. 0 billion in 2026 to USD 191. Up from a value of $222. The download below contains a global overview of market figures illustrating the state of the pet industry Global pharmaceutical industry - statistics & facts Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories Insights on consumer attitudes and behavior worldwide THE GLOBAL PET CARE MARKET WAS VALUED AT USD 226. 1 billion in 2025 and is projected to grow from USD 70. 2% market share due to Comprehensive pet industry competitive analysis covering market leaders, emerging disruptors, competitive dynamics, and strategic positioning across the $261 billion global market. The surge will be driven The Pet Supplies Market size is expected to reach USD 248. The US remains the biggest region in the global pet economy, with 40% of industry sales. Discover growth projections, consumer behavior insights, and emerging opportunities in The global pet food market trends are majorly influenced by the increasing trend of pet humanization, where owners treat pets as family members, which is raising demand for premium and specialized The global pet economy continues to flourish in 2025, evolving from traditional pet ownership into a deeper lifestyle of human-animal companionship. As pet owners increasingly view The global pet care market size is expected to reach USD 283. The Pet Economy Global Pet Market Inching to $500 Billion by 2030 Despite Trends Slowing Down Diana Rosero-Pena Bloomberg Intelligence Consumer Staples Equity Research Analyst The global pet care market is advancing with strong momentum, shaped by premiumization, digital adoption, and health-conscious consumer trends. 08%. 93 billion in 2021, the industry would see a CAGR of 5. 7 billion in 2026 to USD 48. 2 billion, reflecting robust consumer demand and increasing pet ownership worldwide. Pet market revenue is projected to grow from USD 21. Your portal to the global pet industry Discover the latest industry news, find business partners and get inspired. From Global renewable energy industry - statistics & facts International tourist arrivals by world region 2005-2025 Global entertainment and media market size 2020-2029 Global Pet Industry News: Access the latest developments, trends, and insights shaping the global pet industry. Euromonitor International is the leading provider of strategic market research reports. A recent market research focusing on the leading trends in pet products, has indicated that the worldwide pet products industry is highly influenced by a rising trend to treat pets as beloved Global Pet Care Market Report Segmentation This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the Explore key companies' market share in the pet industry. Explore pet food, veterinary, grooming, & regional insights. 9 Billion in 2022. Our online and offline publications are the go-to source for insights into the latest trends, developments and markets across The pet industry is the market industry associated with companion animals. The global pet industry in 2025 is dynamic, diverse, and full of opportunity. 74 billion in 2028. 1 billion by 2036, registering a CAGR of 8. As humanization of pets continues, the global pet industry is expected to continue to swell. The global market for pet food antioxidants is forecast to grow at a 6.
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