Pet industry market size Mar 28, 2024 · Over the period 2023-2028, the pet care market in Southeast Asia is poised to record 9% growth, with premium cat food driving the market. Dog population growth in North America is expected to stabilize at ~1% per year between 2023 and 2028. BI finds that positive trends in the Dec 4, 2024 · How big is the pet industry in Canada? In 2023, the pet stores industry in Canada generated $3. The market is expected to expand from USD 20. 2 billion ($22. Key players include: Mars Petcare: Expanded its premium pet food range, focusing on organic ingredients and tailored nutrition for different breeds and life stages. pet market sales by May 6, 2024 · Total pet market sales have steadily increased in the U. This is 5. According to the Pet Industry Distributors Association, the Northeast dominates the US Pet Market, with 35% of the country’s pet care facilities and over 120 major pet product producers. Between 2020 and 2023, pet care spending in the region climbed by 26%, with luxury pet food sales up 32%, due to a $4. May 24, 2024 · Online travel market size worldwide 2017-2028; Brand value of leading global QSR brands 2024; Topics. Food represents 51% of total spending The global pet services market size was valued at USD 24. Pet owners are shifting towards high- quality pet nutrition, healthcare, fixing, and tech- enabled pet services. ; The Canadian Jun 25, 2024 · Market size of the pet industry in South Korea from 2017 to 2021 with forecasts up until 2027 (in trillion South Korean won) [Graph], Money Today (South Korea), August 15, 2021. These industries rake in millions of dollars each year. 5 billion (compared to €4 billion in 2022) with cat food making up the largest share, at €2. 3% respectively from 2016 – 2020. 92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9. 92 billion in 2023 and is projected to reach USD 340. 37 billion in 2024 to USD 427. How many businesses are there in the Pets and Pet Supplies Retailers industry in Australia in 2025? There are 822 businesses in the Pets and Pet Supplies Retailers industry in Australia, which has grown at a CAGR of 0. 50 billion by 2030. Millennials lead the pack in terms of pet ownership by generation, with 33% of people born between 1981-1996 being pet parents. Jan 13, 2025 · The 15 Pet Industry Statistics in the UK. 4 billion for the pet supplies industry, and vet care making up $30. 5% increase from 2022. to p revious years, and the increase in employment has . 5 million dogs and 12. The pet industry is worth a staggering $261 billion globally (World Animal Foundation, 2023). Jul 1, 2024 · Germany’s pet industry size The German pet industry is one of Europe’s largest markets, generating €7 billion in 2023, a 9. Most popular dog breeds in South Korea in 2023. 5% over the forecast period. 2 billion ($152. The evolution of channels will significantly contribute to market growth, as the e-commerce channel in pet care is expected to double in size in the region. The market grew 4. India pet products market highlights. 4B) in 2023. The global pet care market size was valued at USD 304. Oct 17, 2023 · The pet industry in Singapore has experienced a fast transformation over the past 6 years, with the value of the pet retail market rising from US$ 78 million in 2016 to an expected US$ 110 million by 2025, at a CAGR between 3-4%. 1. 7 A pet food powerhouse moves into services, technology, and adjacencies. 3%. Pet food sales are expected to hit the $533 million mark in 2023 and reach $1 billion by 2026, according to Bonafide Research. 6B). M. (Inquirer) Like most countries in the world, the dog is the most popular pet species, with more than three-quarters of all pet owners Feb 10, 2025 · North America and Europe produced the highest amount of pet food in 2023, contributing 11. The expenditures were released in conjunction with the launch of the association’s first of four quarterly reports, APPA’s State of the Industry: Strategic Insights from the National Pet The market size of the Pets and Pet Supplies Retailers industry in Australia is $4. Global pet products market size, by region, 2018 May 15, 2024 · France’s pet industry size The pet food market size in France is estimated at USD 6 billion this year, and is expected to reach USD 7. In terms of segment, dogs was the largest revenue generating pet type in 2022. Pet Services Industry Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The Global Pet Service Market Report is Segmented by Pet Type (Dog, Cat, and Other Animals), Service Type (Grooming, Pet Transportation, Pet Boarding, Pet Sitting, Pet Walking, and Other Service Types), and Geography (North America, Europe, Asia-Pacific, South America, and Africa). 2. 4 billion (€34. Trends, Market Size & FAQ Written by: Matt Jackson. Dec 12, 2024 · Online travel market size worldwide 2017-2028; Brand value of leading global QSR brands 2024; Pet market categories The pet industry is comprised of two major product categories: pet food and Aug 18, 2023 · India’s pet care market size in FY 2020-21 is 2500+ crores and is expected to grow more than 20% and cross 7500 crores by 2026. According to the French association PRODAF , total sales in the French pet market were €5. 9 % between 2020 and 2025. Discover the latest pet industry insights from APPA with the 2025 State of the Industry Report, including ownership trends, pet-related purchasing behavior, and consumer sentiment information. 6B) in 2025. 34 million metric tons and 10. U. The pet food Apr 26, 2023 · Research by Market Decipher concluded that the pet care market size in the world’s second most populated nation was valued at INR 74,000 crores ($8. There are 13. 5 billion as of 2023. [Online]. pet owners say the current economy has not affected their pet ownership. 96 billion USD by 2029. Online travel market size worldwide 2017-2028; Leading North-American specialty chains in the pet industry by number of stores 2023; Pet Industry Statistics India12 India Pet Industry Statistics to Know in 2024: Trends, Market Size & FAQ Pet Industry Statistics India The Indian pet industry has seen a significant boom in recent years, especially since the COVID-19 pandemic, and this boom is expected to continue for the next 10 years. 1% from 2023 to 2030. 6 billion national industry; 40. The Canadian pet food market is expected to grow to 5. 60% of Gen Z pet owners plan on purchasing birthday or Christmas gifts for their pets. 2% during the forecast period of 2022 to 2032. Jan 1, 2022 · expansion of the market size of the pet industry compared . 2023 Feb 13, 2024 · The pet food statistics make up a large segment of the market at $38. 53 billion by 2034, representing a CAGR of 7. 6 million by 2030. The global pet care market size was valued at USD 150. Nestle SA (Purina), Colgate Pamolive (Hill’s Pet Nutrition), The J. pet industry expenditures reaching $152 billion in 2024. E-commerce driving sales gains. 6% every year. 8B/€21. Pet parents’ expenditure rose to an estimated A$33. 5% of revenue is from food and treats alone. 3 billion . The India pet products market generated a revenue of USD 869. industry. India’s pet care market is growing at 13. Nov 22, 2024 · The pet market in China is on course to increase by 6. 9% and 7. In this vein, sales of pet food, representing the most important pet health product and two-fifths of the overall pet industry, rose by nearly 16% in 2020 and 15% in 2021. The pet products industry worldwide is expected to reach a projected revenue of US$ 120,781. Mar 22, 2024 · The announcement came during Global Pet Expo, the pet industry’s premier event, co-produced by APPA and the Pet Industry Distributors Association (PIDA). 26% during the forecast period (2025-2030). Which sector of the pet industry is the largest? The largest sector in the pet industry is the pet food market, which is worth approximately $91. Mar 25, 2025 · Pet Care Market Size, Share, and Trends 2025 to 2034. The Pet Supplies Market size is estimated at USD 248. 2 billion of the market. 36 billion by 2029, states a Mordor Intelligence report . The India market is expected to grow at a CAGR of 7. 1 billion in 2026. Pet Food in the US, 18th Edition covers the retail market for pet food in the United States, focusing on products for dogs and cats. There are, of course, challenges for the region’s pet care market, in particular how to build owning a pet, with largest growth in pet ownership in recent years among 18- to 34-year-olds. The global pet care market size accounted for USD 346. 1 billion in 2025 to USD 44. “That’s a whisker below the previous Morgan Stanley survey of pet owners in 2022, but still outpaces nearly all retail subsegments and is one of the largest rates of return of any retail sector,” says Mar 20, 2025 · The 20 Canada Pet Industry Statistics. The growth is primarily driven by the pet food segment, which alone accounts for €4. com, and omnichannels like Modern Vet, are examples of a growing trend of start-ups capitalizing on the flourishing online pet industry. 9B/€8. The average pet-owning household spends $1,120 per year on their pets. 6% from 2021 to 2028. In the US, pet industry expenditure rose to an estimated $151 billion in 2024, a 2. Pet food market. Jun 13, 2023 · The global pet industry is expected to see a similar CAGR of 5. Pet Care Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The pet care market size will be worth USD 25. The worldwide pet healthcare market is projected to reach $70. org Jan 7, 2025 · In 2023, there was an 16% increase in pet food sales in the USA. Apr 14, 2025 · The global pet care market size was valued at USD 246. 1bn in 2025. 5% projected in 2024 and 3. 45% during the forecast period. The pet industry shows continued growth and resiliency, with the total U. pet grooming and boarding industry market size is $14. Jan 8, 2025 · The U. 3% more than in 2023, when the pet food market hit €133. 4 Source: “Online Pet Food & Pet Supply Sales in the US - Market Size,” IBISworld, January 10, 2023 5 Source: “Pet stores Industry in the US” IBISworld, March 22, 2023 Dec 9, 2020 · Pet Industry Market Size. 35%: Pet Supplies Market Analysis. 01 billion in 2025 and is forecasted to hit around USD 643. 8% between 2024 and 2032, driven by growing pet adoption across the globe. 66 billion in 2023 and is projected to grow from USD 259. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers 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(Male, Female) Sales Channel (Online Retailers, Offline, Other Sales Channel )and Region The United States Pet Market is expected to reach USD 84. Packaged Facts projects pet The global pet care market was valued at USD 226. Canadian pet owner buying behavior. Seventy-seven percent of U. Jul 12, 2024 · Spending growth in the pet industry could reach 7% annually by 2030, after below-average growth of 2. 1% CAGR $350B 2027 $300B $200B Mar 24, 2023 · The analysis finds that the US is positioned to continue to remain the largest pet market, with sales approaching $200 billion by the end of the decade. The global pet insurance market size is expected Jan 29, 2025 · 2. 81% in 2023. 2B) by the end of 2024. Pet Care Market Size, CAGR and Industry Statistics. North America dominated the pet care market with a market share of 33. The Pet industry consists of many significant branches. 2 billion ($144. Challenges for the pet industry in the Middle East. 9% annually, making it one of the fastest-growing pet care markets in the world. Pet food industry in the United States Jun 12, 2023 · Global Pet Market. 75 billion by 2032, exhibiting a CAGR of 6. 2024 2025 2032 2033 CAGR; Global Pet Market Sales Revenue: 121212: 121212: 121212: 121212: 8. 6% to $37. 4B). Pet ownership regains momentum. 71 billion by 2029, growing at a CAGR of 7. 21% from 2023 to 2030. 78% of Filipino pet owners have dogs, 50% have cats. Singapore Pet Market Insights Although a small country, Singapore’s population of pet dogs, cats, and small mammals (hamsters, guinea pigs, and rabbits) has been growing over the years. dog owners spend on average between $60 to $90 per grooming session. Smucker Company, Mars Inc and WellPet are the major companies operating in this market. Nov 18, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. Most owned cat breeds in South Korea in 2023. ; The number of pets in the UK rose 9% between 2022 and 2023 Apr 26, 2024 · Pet market size in Australia. According to IBIS World, the pet industry’s market size, measured by revenue, was $3. $157 billion in sales is projected for 2025. It’s estimated the US pet industry reached $99 billion in 2020. Pets & Animal Supplies. provided unprecedented economic suppor t to the pet . 3 million by 2030. Access Insights See full list on worldanimalfoundation. Aug 9, 2024 · Pet food industry 8 Premium Statistic China's pet food market size 2018-2028 Premium Statistic Market size of pet nutritional products China 2020-2023, by pet type Feb 14, 2025 · 12 India Pet Industry Statistics to Know in 2025: Trends, Market Size & FAQ Written by: The Current State of the Market 4. It is estimated that India’s pet care industry will reach $800 million by 2025. 06% to reach USD 108. 4 billion in 2023 and is anticipated to grow at CAGR of 6. 63 billion by 2030, growing at 4. 7 billion (€3. May 29, 2016 · Find the most up-to-date statistics and facts on the pet food industry in the United States Online travel market size worldwide 2017-2028 Premium Statistic U. 27B) in 2022, a 7% growth compared to the year Jan 23, 2025 · As the pet industry expands in the country, Australian pet owners are likely to see several companies enter every year. This is almost double the country’s GDP forecast. The shift towards online shopping has accelerated, with retailers like Amazon Canada and Chewy entering Jul 4, 2024 · Market size of pet accessories and supplies China 2018-2025; Penetration of non-food pet supplies China 2024, by product; Market size of veterinary industry in China 2016-2023; Industry Reports. 1% from 2022 to 2030. Sep 1, 2023 · At the same time, online marketplaces such as Bookmypet. Pet Supplies Live Animals & OTC Medicine: Pet Supplies and OTC Meds are based on data provided by Nielsen Scan, Rakutan Intelligence and Packaged Facts. 10% from 2025 to 2034. 5% increase from 2023, according to the American Pet Products Association. 85 billion by 2030, at a CAGR of 8. The pet care industry is worth approximately $900 million. The full retail spectrum is quantified, including online sales, mass-market outlets, pet specialty stores (chains and independents), and other channels. Here are the latest numbers. Pet Market Size, CAGR and Industry Statistics. How Big is the Pet Industry? Global Market Size & Growth Rate Year-over-Year Worldwide Sales Pet Industry Growth by Region $261B 2022 +6. 34 billion USD in 2021. Pet food sales for 2022 in Vet clinics, Farm & Feed, Direct-to-Consumer, and Costco were estimated using industry/financial reports and any available data for either of these channels. 5%: North America Pet Jan 6, 2025 · Pet industry market size South Korea 2017-2027. 97 million metric tons, respectively. 77 billion in 2025 and grow at a CAGR of 5. 2024 2025 2032 2033 CAGR; Global Pet Care Market Sales Revenue: 121212: 121212: 121212: 121212: 6. 67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. Mar 26, 2025 · 1. 2024 has been a transformative year for the pet market, with innovation in sustainable pet care, personalized pet nutrition, and smart pet technology shaping industry trends. Pet food and treats, vet care and supplies sale, pet insurance companies, accessories, etc. 5 million cats in the UK. 5 billion by 2035, registering a CAGR of 8. Mar 4, 2025 · Projected growth by overall value and market size is muted and slowing. ; The Canadian pet food market size was $3. 8% per year on average between 2018 and 2023. 5 billion investment in product Over the past nine years, the "China Pet Industry White Paper" has continuously displayed the market size of the pet industry in China, the pet ownership consumption ecosystem, and the development of various relevant sub-sectors to readers at home and abroad. The country will remain at about 10% of the total global market through to 2030, growing an average of 6% annually to reach $49 billion (€45B). The pet industry grows by 11. S. From 2018 to 2023, the industry’s market size grew at an average annual rate of 6. The Mar 22, 2023 · Pets, pet products, and pet care are all part of a $103. 20% CAGR from 2025 to 2030, driven by increasing pet humanization, demand for premium pet food, and rising veterinary care expenses. In Singapore, the dog and cat population have increased by CAGRs of 1. 01% during the forecast period. 8 billion in revenue. 8 billion ($6. 3 million in 2022 and is expected to reach USD 1,501. Oct 7, 2022 · The overall pet market – not just veterinary services – should be considered a health and wellness industry. 1 billion worldwide. ; 57% of UK households keep pets. Topic overview. 71 billion in 2025, and is expected to reach USD 369. US Pet Market Size, Trends and Insights By Pet Type (Dog, Cat, Bird, Others), By Product Type (Food, Medicine, Others), By Sale Channel (Supermarket, Hypermarket, Specialty Store, Online Retail Stores), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 India Pet Care Market size is estimated at INR 74,000 Crore in 2021 and is expected to reach INR 210,000 Crore by 2032, growing at a CAGR of 19. 9% in 2025. 3B) in 2022. (APPA) The Apr 18, 2024 · Fresh data from market researcher Euromonitor International projects that the pet food segment will increase at a higher pace than the overall industry, with the market representing €140. The increasing population of companion animals, pet humanization, strategies implemented by key companies, and increasing expenditure on pets are some of the key drivers of this market. ; In 2024, the global pet bedding market was valued at approximately US$5 billion, with projections indicating it could reach US$ $7 billion by 2027, growing at a CAGR of 6%. lshumk auyhbo dlyn cpndmozd ilte faxj odemjy lohca uamf ltbzleq fsm hpusa qzkz ryfm feb