Pet industry statistics 2023 worldwide.

• Pet industry statistics 2023 worldwide Nutrition The largest shifts, in value terms, have been in pet nutrition. 6B) by the end of 2024, 4. 2023 Jan 7, 2025 · 5. 2% during 2021 – 2026 (Mordor Intelligence, 2021) There are currently 6 million dogs and 5 million cats in Malaysia, however, the ownership of dogs are at 398,000 and cats are at 658,000 in 2019, this shows that owning cats are more popular in the country. We also take a sneak peek at how Apr 7, 2025 · The global volume in the 'Pet Food' segment of the food market was forecast to continuously increase between 2025 and 2030 by in total 8. 97 million metric tons, respectively. Employment in the pet food industry in Europe Mar 21, 2025 · Explore a range of pet ownership statistics with our handy guide to 2024 and beyond. Jul 9, 2024 · Automotive industry worldwide - statistics & facts; Tesla - statistics & facts; Top Report. Millennial pet parents Young, highly educated, a high income and married: that is the current profile of many pet parents in China. 8% per year on average between 2018 and 2023. By 2030, global pet care e-commerce is expected to grow to $49. Jun 28, 2024 · Automotive industry worldwide - statistics & facts growing at CAGR of 4. Smucker Company are the major companies operating in the market. 72% from 2024. 66 billion in 2023. alone, pet owners spent USD 136. 70% of pet owners have a Bachelor Jul 25, 2024 · Nestlé Purina PetCare, headquartered in the U. dollars in revenue Mar 4, 2025 · 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. 9%, driven by growing awareness of pet health and wellness. 6 billion by 2023, an increase of only 5% compared to the previous year. Here is some Pet Care Market Growth Data: Americans spent $147 billion on their pets in 2023. 10%. State of the Pet Industry: Key Statistics. The average annual growth rate since 2002 has been just 5. Millennials, adults between their early 20s and late 30s, represent a growing constituency of pet owners as they are more likely to have children later in life, work from home or in hybrid formats and have a higher income and level of education. dollars) Statista, https://www May 8, 2025 · Premium Statistic Leading global pet food companies based on revenue growth 2022-2023 Premium Statistic Leading North-American specialty chains in the pet industry by number of stores 2023 The global pet services market size was valued at USD 24. 2023 Apr 21, 2021 · The largest shifts, in value terms, have been in pet nutrition. People in the USA spent $89 billion on their pets in 2023. Forecast Period: 2024-2032. 2% in 2022 to 7. Jul 12, 2024 · And respondents said they relied on vet recommendations when buying pet food and treats, which make up about 44% of all pet spending, totaling $147 billion in 2023. The 2025 State of the Industry Report provides comprehensive analysis and visuals of industry expenditures, ownership trends, consumer habits, sentiment and behaviors with comparative data Jan 16, 2025 · To get started, here are some statistics to sum up the current state of the pet industry. However, the industry was hit hard by the pandemic. The pet products industry worldwide is expected to reach a projected revenue of US$ 120,781. The shift towards online shopping has accelerated, with retailers like Amazon Canada and Chewy entering The global pet care market size was valued at USD 246. 9 million households. Global Pet Industry • 14 May 2025 Petz revenue up 8%, with services and private label building momentum The Brazilian retailer’s own brand products posted a 31% increase in the first quarter of 2025. Base Year: 2023. Mar 28, 2024 · In particular, Thailand and Indonesia are expected to be among the world’s top 10 countries with the highest absolute growth in pet care from 2023-2028. FEDIAF’s data reveals that 34% of British households had a dog last year, and 28% had a cat. 62 billion by 2027. This market was valued at $94. 8 billion in 2024 and is expected to grow USD 192. 2023 This report is produced by HealthforAnimals, the global animal health association, and was informed by interviews with experts in the pet world. Dec 10, 2024 · Premium Statistic Leading global pet food companies based on revenue growth 2022-2023 Premium Statistic Leading North-American specialty chains in the pet industry by number of stores 2023 Jan 7, 2025 · The pet industry in Australia was worth a staggering AUS$13 billion in 2023, with AUS$3 billion of that revenue generated by pet food alone. 9 million U. 8% in 2023 (up from 10. The global pet care market size was valued at USD 304. Smucker Company, Mars Inc and WellPet are the major companies operating in this market. 35% during 2023-2028. The Indian veterinary healthcare market is valued at $169 million and is expected to reach $186 million by 2027. 2023 GlobalPETS - Your portal to the global pet industry 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. Jan 2, 2025 · Pet ownership in the U. This is attributed to more people owning pets worldwide as well as more premium options being available for pet food and other goods. 71 billion by 2029, growing at a cagr of 7. The market is expected to grow annually by 5. Market Jan 13, 2025 · Global Pet Food Market Overview Global Pet Food Market Size Statistics. 42 billion by 2030. Cats are more popular pets among men than women, with 52% of men owning cats compared to 48% of women. Global pet food segment. Canadian pet owner buying behavior. 69 billion in 2023. 7% of the global pet market. With a tremendous increase Jul 4, 2024 · Automotive industry worldwide - statistics & facts; Tesla - statistics & facts; Top Report. representing the single largest market in the world with a $140 billion expenditure. Pet Feb 21, 2024 · Pet Market Growth: The global pet market was valued at USD 261 billion in 2021 and is projected to reach USD 350 billion by 2027, signifying significant growth and opportunities in the pet industry. As per the latest American Pet Products Association 2025 stats, 94 million U. 2023 Oct 14, 2024 · The 2024 Global Pet Parent Study estimates the global pet population at around 1 billion. China’s focus on pet humanization, sustainability and innovation is expected to shape future trends. Now,the"2023~2024 China Pet Industry White Paper (Consumption Report)" compiled and translated by Petdata is officially released to meet the needs of global pet industry professionals. 2 billion ($207. This number has declined 2. Automotive industry worldwide - statistics & facts; Tesla - statistics INSIGHTS REPORT 2024. 70% from 2023 to 2032. 75 billion by 2032, exhibiting a CAGR of 6. 2023 May 29, 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. households, accounting for a staggering 86. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers Hotel industry worldwide - statistics & facts; Top Report. From 2018 to 2023, the industry’s market size grew at an average annual rate of 6. The global pet tech market size was estimated at USD 10. 2023 Mar 24, 2023 · Global Pet Industry To Grow To $500 Billion By 2030, Bloomberg Intelligence Report Finds New York, March 24, 2023 — The pet industry is poised to swell from $320 billion today to almost $500 Apr 18, 2024 · A worldwide perspective. May 14, 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. The growth is primarily driven by the pet food segment, which alone accounts for €4. ADM, Colgate-Palmolive Company (Hill's Pet Nutrition Inc. Americans will recognize many of the big names in the pet food industry but might be surprised to learn that these giants make many of the food products in our pantry, notably Nestle and Mars. The pet food market in India is over $310 million. Feb 14, 2025 · 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. Worldwide, the pet industry is rolling in at a whopping $222. Of the 56% of respondents who own a cat or dog, 47% are first-time pet owners. What’s been missing, though, is real insight on the state of pet healthcare now, several years post-pandemic, and what that grow May 14, 2024 · Pet industry expenditure in the United States reached over 147 billion U. 6% is expected of the worldwide pet products industry from 2023 to 2030. 7 billion (€3. 2023 Apr 1, 2025 · 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. 2 million this 2023. 02B) in retail sales by 2025, with an annual increase of 7. Feb 9, 2024 · On the other side of the pond, inflation in pet food in the US reached 10. 6%. ; The South African pet Feb 10, 2025 · The pet toy market is a significant segment of the pet accessories industry, and thus, the global pet toy market was around USD 9 billion in 2023. The global pet market is worth $246 billion. From 2022 to 2023, pet industry revenue increased by 16 percent Sep 1, 2023 · Everything from pet food to services such as grooming, pet daycare, pet gyms, boarding, training and pet- friendly accommodation is seeing a rise in demand. United States and the import and export of pet products. 8 billion by 2033, at a CAGR of 4. 37 billion in 2024 to USD 427. 8 billion in revenue. M. Here we explore a variety of pet statistics, including the world’s most owned pets, the current dog population, pet industry spending statistics, pet shelter statistics, house sitting numbers, pet sitting statistics and more. 55 billion in 2025 and grow at a CAGR of 8. 2 Aug 9, 2024 · Market revenue of the pet food industry in China from 2018 to 2023, with estimates until 2028 (in billion yuan) Premium Statistic Market size of pet nutritional products China 2020-2023, by pet type Mar 22, 2023 · Pet Industry Statistics. The United States plays a significant role in the global pet product market, acting as both a major importer and exporter. 2 million to 16. The valuation will be USD 15 billion by 2032, and the market will grow at a CAGR of 6. S Aug 25, 2023 · FAQs About Pet Ownership Statistics and Facts in 2023 Has pet ownership increased? Yes, pet ownership has seen a significant rise in recent years, reflecting a global trend of embracing pets as family members. As of May 2023, the median annual wage was $31,200 for animal caretakers and $38,810 for animal trainers (U. Since 2014, Mars Petcare Inc. The African pet food market is expected to grow at an annual rate of 12. 8 Source: “Pet Industry Market Size, Trends & Ownership Statistics,” americanpetproducts. 全球宠物市场价值2610亿美元(Global Industry Analysts)宠物产业不仅在美国发展，而且在国际范围内也在发展，人们对宠物作为伴侣的需求增加，从而提高了收养率。宠物收养数量的增加促进了不同宠物行业分支的财务… Apr 28, 2025 · The global pet food market size was valued at USD 126. , was the second leading pet food company worldwide in 2023 based on revenue. 1 million to China in 2023, compared to $86. May 29, 2024 · Whether it be free-from, organic, or low-calorie, consumers are likely to be able to find a wide range of options while browsing in-store or online. 4% CAGR. 2023 6 days ago · Report Highlights. 5 million homes) own a pet. Dec 4, 2024 · How big is the pet industry in Canada? In 2023, the pet stores industry in Canada generated $3. ), Mars Incorporated, Nestle (Purina) and The J. 7% more than last year. 6% last year, according to the Bureau of Labor Statistics (BLS). pet stores will net a total of $31. May 6, 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. 3 million by 2030. The pet industry grows by 11. 72 billion in 2024 and is expected to hit around USD 643. 9 billion in 2022. The pet industry is a real tail-wagger, and it's not just a local phenomenon—it's a global love affair with our furry friends. 2 billion in gross premiums. According to IBIS World, the pet industry’s market size, measured by revenue, was $3. Price hikes in pet supplies decreased from 9. Imported pet food to Pakistan may soon see a 50% regulatory tax. Historical Data: 2017 to 2023. 如需了解中文版报告信息，请戳：《2023-2024年中国宠物行业白皮书（消费报告）》。 Dec 9, 2020 · The Key Pet Industry Statistics in Review. Feb 10, 2025 · North America and Europe produced the highest amount of pet food in 2023, contributing 11. (Bloomberg Intelligence) It may be no surprise how much the global pet market is worth. Most viewed statistics. 6 billion. Jan 8, 2025 · Overall Market of Pet Industry Trends 1. ; In Kenya, pet owners may spend 2,200–3,000 Kenyan shillings (Sh), or roughly Global humanization trends and increasing pet populations continue to drive consistent growth across the pet care industry. 67%. According to data from local pet food producer Pimlico, the offline channel – grocery retailers and pet stores – dominated sales, accounting for 84% of all purchases in 2021. 5% of revenue is from food and treats alone. If you have any data queries, do contact the team [email protected]. ; 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%. Sep 26, 2024 · Automotive industry worldwide - statistics & facts; Premium Statistic Global pet food sales channel share 2021 U. pet industry is forecasted to see a CAGR of 5. 2023 Jan 10, 2024 · Bottled water accounted for 34. " Google “pet healthcare trends” and you’ll find no shortage of articles and “data” highlighting our industry’s exponential growth. 91 billion, and by the end of 2019, it had increased to USD 98. In 2023, there was an 16% increase in pet food sales Jun 12, 2023 · As of 2023, the pet industry continues to thrive, capturing the hearts and wallets of millions of people worldwide, and there is no sign of it slowing down. 5 billion (compared to €4 billion in 2022) with cat food making up the largest share, at €2. families owns an exotic animal as a pet; Pet Ownership Statistics. The pet market was worth R7. the COVID-19 pandemic, the global pet industry is expected to adapt and grow at a CAGR of 6% in the coming decade. ; The pet population increased just over 1% between 2022 and 2023. 4% in April 2023 to just 3. As of 2022, 70% of U. Jul 19, 2023 · In the UK, the proportion of British households that own an animal fell by 1. Mar 21, 2025 · Top 10 Kenya Pet Industry Statistics. , more than triple of its global peers. Assess the industry from all sides to avoid blind spots and make smarter strategic decisions. This marks the end of a 3-year increase driven by the pet industry’s pandemic boom. In view of these dynamic trends and evolving consumer preferences, businesses should not miss the chance to capitalize on the emerging opportunities in this region. 77 billion in 2025 and grow at a CAGR of 5. 3%. The high-end consumption is relatively stable, while the brand competition among the low-price pet food market has become increasingly fierce, causing product prices to drop significantly. 06% to reach USD 108. A compound annual growth rate of 4. households—about two-thirds or 66% of the population—owned a pet in 2023–2024. Every year, 600,000 pets are adopted in India. How many dogs are in the world 2023? As of 2023, it’s estimated that there are over 600 million dogs worldwide, though exact numbers Nov 29, 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. “Taken with our survey results, we can infer that vets directly influenced up to $12 billion of that spend and up to $26 billion indirectly on pet care above and beyond what pet Sep 11, 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. (Global Pet Industry) Canada exported just $35. 5bn over 2022-30E and expect the sector to deliver a 2023-25E EPS CAGR of 28%, i. 6% every year. At the end of 2022, the US pet insurance market surpassed $3. Americans are responsible for 44. 196,000 Americans work in over 17,420 pet stores nationwide. State of the Industry. Mar 21, 2025 · As China’s pet market continues to expand, driven by a growing pet population and shifting consumer preferences toward premium, sustainable products, the country is positioning itself as a major player in the global pet industry. 50 billion by 2030. We estimate the industry could expand at a 12. the global pet care market was valued at usd 226. [1] That’s up from 56% in 1988, pet ownership Among other pet market studies, the American Pet Products Association (APPA) also shows that pet industry sales will reach $143. The APAC and LATAM regions are in the lead with higher-than-average CAGR compared to the rest of the world. M. Feb 6, 2025 · In 2023, U. 4 billion) in 2020. For the period 2023-2024 retail value sales are expected to grow 10%, while retail volume is expected to grow at 5%. 65 billion by 2032, exhibiting a CAGR of 5. (Global Pet Industry) Finance Bill 2024, put forth by Pakistan’s Federal Board of Revenue in July 2024, will impose a Mar 7, 2025 · Leading global pet food companies based on revenue growth 2022-2023 Leading North-American specialty chains in the pet industry by number of stores 2023 Leading pet food companies in the U. In this section, we reveal an in-depth analysis of the key factors influencing Pet Industry growth. Nov 22, 2024 · The pet industry in Latin America, Asia and Africa could reach $98 billion (€91B) in 2025, representing a 7% annual increase, and grow at a compounded average rate of high-single digits to $137. Pet Industry Market Size. Forecast predicts the global pet care market will reach $358. May 29, 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. Get a sample of this industry analysis as a free report PDF download. Feb 5, 2025 · Pet Care Inflation declined from a peak of 15. Premium and local ingredients The pet food market in the Middle East is forecast to reach $4. 6 billion by 2028, exhibiting a growth rate (CAGR) of 5. 3% of total revenues, driven by trends in pet humanization. 79% (CAGR 2025-2030). 1% from 2022 to 2030. 2023 Jul 18, 2024 · In 2023, around 22 percent of households in China kept pets. 8 billion (€127. Is Recognized as the Leading Pet Food Company in the World (Pet Food . Leading global pet food companies based on revenue growth 2022-2023; Pet food production worldwide 2024, by region The data company estimates that Filipino pet parents spent $124 million on pet food in 2022, an increase of 16. 2 billion) by 2023. The proportion of women is higher than that of men. 8% between 2024 and 2032. In 2018, the market’s revenue stood at USD 88. Pet products and services are among the fastest-growing industries in the United States. , was the leading pet food company worldwide in 2023 based on revenue global pet care market - focused insights 2024-2029. Pet market has been segmented with the help of its Product Type, Pet Type Distribution Channel, and others. Pet owners have gravitated towards healthy pet foods over the past decade, and this trend accelerated substantially in 2020 as the availability of pet healthcare became a challenge in certain regions. households own a pet , which equates to 86. pet industry expenditures reached $147 billion (American Pet Products Association) Pet Industry Careers Statistics. View Report. pet market still sees double-digit growth, the pace slowed slightly in 2022, showing a Expert industry market research on the Pet Stores in the US (2015-2030). 2023 Aug 13, 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. 3% against 2021. 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. Having nails trimmed will cost from $10 to $35. Feb 16, 2024 · PET industry, global, active PET capacity of top 10 countries (mtpa), 2023. More than half (51%) of millennials buy gifts for their pets. 6% during this period. 52% during the forecast period. S. Nestle SA (Purina), Colgate Pamolive (Hill’s Pet Nutrition), The J. Mar 12, 2025 · The pet industry is changing with consumer demand for tailored pet food, holistic wellness options, and tech-enabled pet products. The cost of grooming depends on the breed and size of your pet and can cost between $50 and $250. Nestlé Purina PetCare, headquartered in the U. 4B) in 2023. 8B/€21. The market is expected to grow from 12. 1. According to China’s Pet Food White Paper 2023, China’s pet food consumer market has developed into two polarities, high-end and low-price pet food markets. 01% during the forecast period. During the forecast period 2023 to 2033, global pet food sales are likely to soar at 6. Hotel industry worldwide - statistics & facts; Top Report. billion / €57. 21% from 2023 to 2030. 92 billion in 2023 and is projected to reach usd 340. Cutting down on non-essentials Feb 10, 2025 · North America led the global pet food market in 2023, holding 39. 3 billion (compared to €2 billion in 2022). Millennials account for 27% (born since 1985) and 33% (born since 1990) of pet ownership. The statistics portal. Leverage industry reports and risk ratings to mitigate the threats you can control and plan for the ones you can’t. Statista R identifies May 7, 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. Section 2: 65% of Feb 12, 2025 · Other news about the pet industry in the Philippines Gap in the market The pet care landscape in the Philippines is evolving, with increasing opportunities in insurance, sustainability, and nutrition. 5% increase from 2022. 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. The data is released every Spring - usually towards the end of March. 2% in 2022). 6 percent of global polyethylene terephthalate (PET) packaging consumption in 2019. 4% from 2025-2033. 1 percent during the forecast period of 2023 to 2030. 53 billion by 2034, growing at a CAGR of 7. 9% CAGR to Rmb756. 93 billion in 2021, the industry would see a CAGR of 5. 1 In 2024, pet brands need to globalize and diversify their offerings to remain competitive. 45% during the forecast period. Continuing increases: France, UK Jan 31, 2025 · In 2023, PetSmart was the first pet retailer to work with Uber Eats to get its products delivered quickly, directly to its customers’ doorsteps. May 8, 2025 · Premium Statistic Leading global pet food companies based on revenue growth 2022-2023 Premium Statistic Leading North-American specialty chains in the pet industry by number of stores 2023 "Real insight on the state of pet healthcare now. Global PET Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023. S Jan 8, 2025 · Overall Market of Pet Industry Trends 1. 6 billion in 2025, up 9. 2023 Mar 25, 2025 · The global pet care market size was valued at USD 323. 57 billion. 74 billion in 2028. 3B) in 2022. 2023 Jan 27, 2025 · AgileIntel Research (ChemIntel360), Market value of polyethylene terephthalate worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in billion U. The global pet food market has exhibited a remarkable growth trajectory over the past few years at a CAGR of 5. org, March 2023 9 Source: “Growth in Fresh Pet Food Market in US 2021-2025” PRNewswire, February 23, 2021 10 Source: “Pet Tech Market” Global Market Insights, February 2023 5 2023 KPMG LLP, a Delaware limited liability partnership and a member The Global Pet Food Market is expected to reach USD 208. com has released its "Pet Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report which noted today's market reached $118. Looking forward the market is will grow to US$161. The pet industry is one of the most massive sectors of the American economy, with many more years of growth potential. e. 2 billion (€80. 94 Leading global pet food companies based on revenue growth 2022-2023 Leading North-American specialty chains in the pet industry by number of stores 2023 Leading pet food companies in the U. 2-in-3 American households include Aug 19, 2024 · Pet Industry Worth. 2023 The United States Pet Market is expected to reach USD 84. While the U. To 1. The company generated over 21. The APPA 2024 State of the Industry Report is created to serve pet industry professionals including manufacturers, suppliers, distributors, retailers, direct-to-consumer brands, economists, and venture capitalists. 4 billion in 2023 and is anticipated to grow at CAGR of 6. Pets, pet products, and pet care are all part of a $103. Jul 1, 2024 · The German pet industry is one of Europe’s largest markets, generating €7 billion in 2023, a 9. 92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9. 6% by June 2024, offering pet owners a reprieve. 9 million homes, own a pet (American Pet Products Association, 2023). 66 billion in 2023 and is projected to grow from USD 259. Retailers currently have much more focused consumer-related data than manufacturers, allowing them to personalize their products and services. 7% growth between 2015 and 2020. Up from a value of $222. PET industry, global, planned and announced capacity additions by countries, (mtpa), 2028 Aug 18, 2023 · Dogs are the most popular pets in India, with an estimated 31 million pet dogs projected by the end of 2023. 2. In the U. 5 billion U. 8% for the next Jan 6, 2025 · 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. The average pet-owning household spends $1,120 per year on their pets. Pet care in Thailand continues to experience solid growth, albeit against a backdrop of inflationary pressures that is contributing to an ongoing increase in retail prices. Pet market sales in the United Jan 23, 2025 · The global pet industry is worth around $320 billion per annum, with the U. Dec 30, 2024 · In our view, we believe China's pet market has substantial growth potential supported by rising pet ownership, sub-sector diversification and consumption upgrade. 67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. Pet Supplies Industry Report . 2023 Mar 26, 2025 · The expenditures were released alongside the association’s 2025 State of the Industry Report during Global Pet Expo, the pet industry’s premier event. 6B) by the next decade. is the nation’s largest pet store; its 2025 revenue will total over $8. Dec 31, 2024 · The pet grooming and boarding industry is growing in Canada. has jumped significantly over the past three decades. Global Pet Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. 92 billion in 2025 to USD 193. 4%, even though incomes have been rising steadily for more than 20 years. Compare industry financial ratios and benchmarks to help quantify the risk of doing business. Premium Statistic Leading pet food companies worldwide 2023, based on revenue Key market figures Sep 6, 2024 · Figures from the Japan Pet Food Association (JPFA) indicate a decline in the number of annually adopted animals between 2022 and 2023: 7% fewer dogs and 17% fewer cats. pet market sales by category 2018-2023. Feb 10, 2023 · At a time when consumer behavior is rapidly changing, and there’s more and more competition, pet industry players will be actively looking for ways to get to know consumers better in 2023. The market is projected to grow from USD 132. May 13, 2025 · Pet Industry Statistics. Trends in pet food preferences Fresh and Raw Diets: 16% of dog owners and 12% of cat owners now opt for fresh pet food . This includes pet food and treats, veterinary care and products, supplies, live animals, over the counter (OTC) medications, and other services. May 24, 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. 5 billion in 2023. The U. It’s estimated the US pet industry reached $99 billion in 2020. Euromonitor International is the leading provider of strategic market research reports. The rising trend of pet humanization and increased consumer spending on pet care products and veterinary services are the major growth drivers. Share of pet industry China 2023, by segment; Pet product sales revenue on Taobao China 2023, by Mar 24, 2023 · According to the American Pet Products Association’s (APPA) 2022 State of the Industry data, total pet industry sales topped $136. Pet owners have gravitated towards healthy pet foods Hotel industry worldwide - statistics & facts; Top Report. The market grew 4. 1 billion ($384,075,494) in 2023. Food is set to remain the biggest pet expense. 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. 6 billion national industry; 40. While some markets may lag, statistics indicate that economic downturns do little damage to the industry as a whole. 3% from 2020 to 2025. 0% over the past five years Pet care in 2024: The big picture. 2023 Mar 4, 2025 · The 15 South Africa Pet Industry Statistics. The global pet market today is worth roughly $320 billion. 34 million metric tons and 10. Jan 3, 2024 · ResearchandMarkets. 7 billion in 2024 to 41. Despite the surge in pet ownership, access to veterinary care remains challenging, with only 1 veterinarian for every 10,000 pet owners. Statistics for the 2025 Pet Supplies market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Apr 26, 2024 · Pet market size in Australia. 66 billion in 2024. Premium Statistic Leading global pet food companies based on revenue growth 2022-2023 Premium Statistic Leading North-American specialty chains in the pet industry by number of stores 2023 Expert industry market research on the Pets and Pet Supplies Retailers in Australia (2015-2030). 7 billion kilograms (+16. Aug 19, 2024 · The global pet market industry was valued at $246. Jan 7, 2025 · The 20 Pet Industry Statistics. According to the report of FMI, the global pet food market industry size is expected to reach USD 117. 8 billion in 2022, representing an increase of 10. US Total Cat and Dog Food Ingredient Quantities According to the American Feed Industry Association, the following chart explains the ingredient quantities from farm to pet bowl, including dog treats, dog food moist, cat Pet Market - Global Size, Share & Industry Trends 2024-2032 Global Pet Market. We can witness an upward trend, as 70% of General Pet Industry Statistics. We thank the following people for their participation: Alex Douzet, Dana Brooks, Edival Santos, Lawson Cairns, Leonardo Brandao, Marie-Jose Enders, Siraya Chunkekamrai, Shane Ryan and Wolfgang Dohne. The value of the pet tech market in 2022 was $5 billion. Purchase the World Market for Pet Care Global Briefings as part of our Pet Care research for June 2024. In 2023, the pet care e-commerce market was 23. Brands can fuel growth through sustainability, responsible sourcing, and subscription pet service as consumer’s view their pets as family members and shoppers seek out premium, health-oriented products. U. households (90. Apr 25, 2025 · Almost 1 in 10 U. 2 billion ($22. What age groups are driving pet population growth? Trends in pet ownership are closely linked to global demographic changes. 1 million in 2022 and $170 million in 2021. households (71%) own a pet, while 86. Each year, UK Pet Food publishes pet food market data, in addition to the pet population figures, so that we can provide our members and the public with useful statistics. The global pet food market is growing annually Jun 13, 2023 · The global pet industry is expected to reach $325. 2 billion(€80. A significant 66% of U. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. The latest figures from UK Pet Food concluded that 13% of UK pet owners admitted to relinquishing a pet last year. Let's break down some of the numbers so you can see just how pawsitively successful it is: Global Pet Industry Valuation. 05 percent). Pet Supplies analysis includes a market forecast outlook for 2025 to 2030 and historical overview. 2022 Malaysian pet food market is projected to register a CAGR of 6. The pet grooming and boarding industry saw 3. PET is commonly used to produce plastic beverage bottles, among 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. 2023 2023-2024 APPA National Pet Owners Survey Statistics: Pet Ownership & Annual Expenses According to the 2023-2024 APPA National Pet Owners Survey , 66% of U. The global pet care industry is forecasted to represent €191. Worldwide: Revenue in the Pet Food market amounts to US$158. Mar 20, 2025 · The 20 Canada Pet Industry Statistics. China's pet food market size 2018-2028; Market size of pet nutritional products China 2020-2023, by pet type Mitigate risk with Industry research. 8% from 2021. 3 billion in 2032, at a CAGR of 15. 2023 The population of pets in other markets includes: Sources:4 ,5 6 7 8 9 10 11 12 13 14 15 16 17 18 How many people own a pet? Billions of households around the world 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. Number of German pet supply retailers worldwide 2016-2023; Gross revenue of Fressnapf in Germany and Europe 2004-2023; Oct 21, 2023 · Statistics about Top Pet Food Companies in the U. 48 billion (€4. Bureau of Labor Statistics) Dec 12, 2024 · Find the most up-to-date statistics about pet market in Europe volume of pet food produced worldwide in 2023, by region in Europe 2010-2023. 56% to reach USD 314. Petsmart, Inc. Based on data from 2018 to 2023, the pet care industry is in a good spot—in fact, it’s on an upward trajectory. 42bn in 2025. Below, we report on the pet ownership statistics by species-type and by generational segment. Food represents 51% of total spending Oct 11, 2023 · Future Market Insights is the company offering the second highest forecast. The global pet food market size was valued at USD 130. 8 billion on their pets in 2022, marking a substantial increase from the previous year. Pet parents’ expenditure rose to an estimated A$33. The global pet care market size was valued at USD 150. 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. pbwlxz rskcx vrlsov znda xgtgaom jmg sipag tqpv ieffuv dnqi