Pet industry trends.

Pet industry trends Where to Learn More. Key trends are clearly and succinctly summarised alongside the most current research data available. 7 billion) by 2030. ; The number of pets in the UK rose 9% between 2022 and 2023 Pet Industry Trends for 2022 as customer preference for shopping for pet products on ecommerce sites is estimated to grow at 9. 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. Subscription Models are gaining popularity, with 17% of dog owners and 13% of cat owners embracing Mar 10, 2023 · There are several significant trends that are currently impacting the pet food industry and pet food brands. 92 billion in 2025 to $193. Making the pet industry a safer place for pets and pet parents is a team effort Q2 2022 Pet Trends Report Pet care prices rise month by month 124 122 120 118 116 114 112 110 108 106 104 102 100 98 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Aug 2021 First case of Delta variant discovered in US Dec 2021 First case of Omicron variant discovered in US Mar 2022 Mask mandates The report identifies the key consumer and industry trends that will impact the global pet food industry over the next five years. From functional foods to smarter playtime, these 2025 pet industry trends are reshaping what pet parents want and what savvy retailers need to stock. Statistics for the 2025 Pet Supplies market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Discover key trends and opportunities for pet businesses in 2025 with TGM Global Pet Care Report 2024. The pandemic has upended the lives of humans, but for pets, it's been a bonanza: Their owners have been home all day, showering them with attention and treats. (Pet Food Industry) Australia really loves its pets, and the country has an estimated pet population of 30 million animals. For Jul 28, 2023 · 4. Shifting Inclination Toward Dietary Food Items to Accelerate Market Expansion. The US pet food market is expected to grow to $59. The pet market was worth R7. 6%. Oct 7, 2022 · The overall pet market – not just veterinary services – should be considered a health and wellness industry. 1% from 2022 to 2030. A compound annual growth rate of 4. In addition, Packaged Facts has published a variety of other pet industry market research reports that may interest you including: Pet grooming services hold 10%, growing due to rising demand for pet wellness, hygiene, and luxury grooming experiences. This time around, the company expects technological advancements to be a harbinger for industry growth in the coming year. Feb 5, 2025 · Pet Care Inflation declined from a peak of 15. Pet supplies are another major part of the pet industry, and this could include products with many different potential uses, some of which are essential, while others may be viewed as luxuries. Feb 3, 2025 · In January, 300 industry insiders met in Prague to explore challenges, trends, and opportunities in the pet industry. It examines collectively and separately four sectors of pet products and services – pet food, non-food pet supplies, veterinary services, and non-medical pet services. Annual pet-related spending is about $75 billion in the U. The content of this article is intended to provide a general guide to the subject matter. A difficult post-pandemic economy has made companies more careful about acquiring new brands, and a strongly antitrust Biden administration has not been friendly to the growth of megacorporations, including in the pet space. The global pet care market is estimated to grow from $246 billion in 2023 to $368 billion by 2030 Recent trends in human consumption are also impacting the pet market and pushing spending up, with natural, organic, and free-from products gaining traction within the industry. 3 billion yuan (around $39 billion), and it is expected to reach 361. Feb 14, 2025 · The pet care industry includes pet food and treats, as well as accessories, veterinary and health care, insurance, and services like walking, grooming, pet sitting, and daycare services. ; The Canadian pet food market size was $3. 41 billion was spent on pet food and treats (a 10. Smart devices for dogs will become even more advanced, incorporating AI to offer personalised insights into health and Sep 10, 2024 · The pet care industry is evolving rapidly, driven by new trends and technological advancements. Aug 6, 2024 · Now conducted annually, the APPA National Pet Owners Survey will monitor consumer habits, identify short- and long-term trends and discover new opportunities in pet ownership, pet product and service consumption across four APPA Research Insights Reports produced quarterly, including State of the Industry, Dog & Cat, Fish & Reptiles and Horse Nov 27, 2018 · The pet industry has seen explosive growth, especially among young, independent brands. 2025 Global Consumer Trends - Download Mar 24, 2023 · BI finds that positive trends in the largest pet industry category, alongside elevated levels of stickiness as pet owners continue to be reluctant to switch diets for their pets, may allow the Top players operating in the pet care industry include Hill’s Pet Nutrition, Inc. Searches for Mars’ Royal Canin and pet supplies store Pet Planet show the highest interest decline of -24% each. Global pet industry PETS International | September 2021 58 China pet industry trends in 2021 Today’s pet consumer in the world’s most populous country is young and upwardly mobile. , pet care, food, health, etc. Pet Supplies Industry Report . 7% more than last year. The pet industry is projected to grow, just as we mentioned in the introduction. These industries rake in millions of dollars each year. M. 8% increase from 2022) Jan 8, 2025 · Overall Market of Pet Industry Trends 1. Mar 22, 2024 · Pet industry expenditures remain strong over time. Read more about our new Trust & Safety measures in section 5. Jun 26, 2024 · 5 Infographic: Functional dog, cat food and pet treat trends, Petfood Industry 6 Market penetration rate is defined as how much pet food products are being used by customers compared to the total estimated pet food consumption. 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. Value Hackers Responding to high inflation and escalating costs, consumers are resorting to cost-cutting behaviors, attempting to “outsmart the system” by adopting more creative approaches to stretch The pet products industry worldwide is expected to reach a projected revenue of US$ 120,781. In 2023, the pet industry supplied an overall economic contribution of US$303 billion, an increase of 16% from US$260 billion in 2022. households as Gen Z drives multi-pet adoption. ” UPDATE: For the most recent information, please see our new article covering pet industry trends for 2024. 52% during the forecast period Jan 9, 2025 · The research notes that pet industry M&A activity has been “muted” in 2024, continuing a drop-off that began in 2022. However, pet owners are increasingly pushed for time and swayed by convenience. 5 million U. Aug 19, 2024 · Learn about the latest data and trends on pet ownership, spending, services, and products in the US and global markets. 34 billion USD in 2021. Low shedding and inadequate grooming can lead to hair matting and further problems. Jan 14, 2025 · Well, according to industry experts themselves, it means some top trends dedicated to furthering that goal, including tailored pet food solutions (customization); functional ingredients covering a variety of preventive and acute health and nutrition challenges; and continued premiumization of all trends, in spite of current economic challenges. Mar 13, 2024 · This section will explore consumer trends and how much revenue each segment of the pet industry generates. ; People in the USA spent $89 billion on their pets in 2023. Pet Market Outlook, 2022-2023 by Packaged Facts. Nov 27, 2023 · Value Hackers, Delightful Distractions and Wellness Pragmatists are among the global consumer trends shaping the Pet Care market in 2024. Each year, Americans spend $136. This article draws insights from the TGM Global Pet Care Report 2024, based on 18,000+ respondents across 34 countries, offering guidance for brands to meet modern pet owners' needs. Two (2) corporations consume 49% of the pet industry’s market share. (And have the potential to see further growth over the next 12-18 months. Feb 25, 2025 · Modern pet parents are stepping it up when it comes to their pets' overall wellness—and the pet industry is responding. 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 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. Here are the top trends to look out for in 2021. Jan 31, 2025 · An overview of the pet industry in the United States in 2024, including the most recent statistics and trends. 4% in April 2023 to just 3. Oct 25, 2024 · The pet industry is undergoing a significant transformation as consumer behaviors shift and new trends emerge. Conclusion. S. Nestle SA (Purina), Colgate Pamolive (Hill’s Pet Nutrition), The J. E-commerce Dominance in Pet Retail: The rise of e-commerce has significantly impacted the pet industry in the UK, and online shopping for pet products will continue to dominate. 2 billion Between 2012 and 2021, the market size of Australia’s pet industry has grown on average 4. The pet technology market is forecast to expand significantly. The Asian Pet Research Institute, in conjunction with Tmall Pet, Ali Mama, and Euro Rui International, has released the "Pet Industry Blue Book: 2022 China Pet Industry Development Report" at the 11th International Pet Industry Summit-Asian CEO Summit. Pet Industry Trends: Growth & Statistics in 2022 and Beyond. Nanhe District in Hebei has emerged as a key hub for pet food production, accounting for 60% of the country’s pet food output. 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 Oct 15, 2024 · According to the APPA and its State of the Industry Report, total industry sales topped $147 billion in 2023, an increase of about $10. The average pet-owning household spends $1,120 per year on their pets. 2B) by the Nov 22, 2024 · A bigger pet population and continued humanization could push this up to over $500 billion (€463B) by 2030. Get a sample of this industry analysis as a free report PDF download. Apr 3, 2024 · Pet product prices are inflated to an all-time high–how is this impacting consumer preferences? Download NIQ’s Q3 2023 Pet Trends report for valuable insights into the current trends shaping the pet industry. ; The pet population increased just over 1% between 2022 and 2023. 2 billion ($207. Dec 9, 2020 · Read on to discover more about the latest statistics and trends in the pet industry! Pet Industry Market Size. 06% to reach USD 108. We can even walk them in strollers like babies. Sustainability and Eco-Friendly Pet Nov 30, 2021 · The U. Jan 2, 2025 · The multi-billion-dollar global pet care industry continues to grow, bringing about changes in consumer behavior. (Colgate Palmolive Company), Mars Incorporated, Nestle Purina PetCare (Nestle S. Pet food sales Feb 10, 2025 · Additionally, human food trends like farm-to-table, food as medicine, home-cooking, plant-based foods, alternative proteins, fermented or gut-focused foods and others are expected to continue making their way through the pet food industry, especially as today’s pet owners continue to prioritize their pets’ health and wellbeing — and, at The pet care industry is evolving with shifting consumer behavior, pet health focus, and pet humanization. What’s been missing, though, is real insight on the state of pet healthcare now, several years post-pandemic, and what that grow The White Paper uses data to understand pet ownership consumption, records industrial development, fully displays industry changes, and shares consumption trends in pet-keeping. Mar 8, 2024 · Explore the dynamic shifts and emerging trends shaping the pet industry in 2024 and beyond. Bloomberg says that “ as pet owners continue to be reluctant to switch diets for their pets, (this) may allow the global pet food market to top $135 billion by the end of the 3 days ago · Pet Industry Trends to Know; The Ultimate List of Pet Industry Stats; Pet Startups with a Promising Future; This is a list of fast-growing pet products in 2025. $64. ), and PetSmart Inc. 1. pet grooming services industry over the forecast period. Oct 29, 2024 · The pet retail industry is thriving, driven by shifting consumer habits and innovative technologies — and understanding emerging pet retail industry trends gives businesses a competitive edge in meeting the demands of today's pet-loving consumers. Although the pet industry is gaining value at a remarkable rate, it’s not without pet parents. The cat’s out of the bag and pets are now officially part of the family. Smucker Company, Mars Inc and WellPet are the major companies operating in this market. Dec 30, 2024 · While the pet food sub-sector is relatively mature, accounting for 41% of overall pet industry sales in 2022, given it has relatively low barriers to entry and provides staple goods, the market for pet medical care, pet medicine and pet insurance remain in the early stage of development in China, suggesting there is significant growth potential. pet industry. 1% Apr 9, 2025 · 🔮 Top 2025 Pet Industry Trends from Global Pet Expo. Sharing insights and data to educate the public and our users through our industry report is one of many tools helping us continuously improve welfare standards for all pets. This report analyzes current and projects future retail sales and trends across the U. ; The Canadian Mar 18, 2024 · This sentiment was a large part of the story told by three pet industry experts — Shannon Landry Brown, pet brand manager at Packaged Facts, David Sprinkle, former publisher and research director of Packaged Facts, and David Lummis, president of Marigny Research Group — in a webinar hosted by Packaged Facts on March 13. 2024 was a big year for pets too! From plant-based diets to festive outfits, pet wellness is booming in India. Live Animals includes fish Mar 26, 2025 · 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 across each generation. Pet ownership trends are evolving, with more people viewing their pets as integral family The United States Pet Market is expected to reach USD 84. Jan 2021; R Roberts; Roberts, R. Pet industry statistics by trends and projections. This Dec 4, 2024 · Canada’s latest statistics and trends highlight a growing pet population, booming pet industry, and shifting towards premium products and services. 8 billion (€8B) by 2030, and domestic brands such as Gambol are poised to benefit from premiumization trends and the shift toward e-commerce. Apr 21, 2021 · This is in tune with the average estimated CAGR of 6% for the global pet industry, which is estimated to reach a value of $343 billion (€292. Feb 13, 2025 · The pet food industry is undergoing a remarkable transformation driven by global population growth and the increasing humanization of pets. 77 billion in 2025 and grow at a CAGR of 5. 96 billion USD by 2029. Apr 7, 2021 · The $100 billion pet industry is poised to nearly triple to $275 billion by 2030 thanks to a surge in new owners, favorable demographics and increased per-pet spending. Growth rates Chinese pet industry sales reached almost ¥300 billion Explore the booming pet care industry in India, driven by rising pet ownership, changing lifestyles, and increased pet humanization. 6% is expected of the worldwide pet products industry from 2023 to 2030. Half of that revenue will be made in the United States. Pet Market Outlook, 2021-2022 by Packaged Facts, a leading provider of consumer market research and a division of MarketResearch. There are approximately 30 million pets in Australia. Therefore, the increasing prevalence of obesity among pet dogs & cats will offer newer industry growth opportunities. Jul 28, 2022 · The Impact of pet inflation trends on pricing ; Share of U. Pet food and treats, vet care and supplies sale, pet insurance companies, accessories, etc. Visitors: Driving Paid Traffic Modern pet owners generally have disposable income. ; 57% of UK households keep pets. From the rise of pet influencers driving consumer choices to the increasing demand for sustainable and traceable products, discover how eco-consciousness and dietary preferences are transforming the market. Feb 13, 2025 · The 7 Top Pet Industry Trends This Year 1. GlobalPETS highlights key takeaways from the 2-day event. Pet salons, hotels and wellness products are becoming more common, creating new opportunities for brands to meet changing consumer needs. Jan 8, 2025 · Food Industry Trends Within the Pet Industry 6. households owning at least one pet. Jun 12, 2023 · What Are The Latest Pet Industry Trends For 2023? The latest pet industry trends for 2023 include a focus on pet health and wellness, increased demand for natural and organic pet products, and a growing interest in sustainable and eco-friendly pet products. The US pet food market reached $43. 4% from 2024-2032. Here are the latest numbers. US Pet Market Outlook, 2025-2026 Industry Reports. Presented by the American Pet Products Association (APPA) and the Pet Industry Distributors Association (PIDA), the exhibit floor showcased 1,100+ companies, including 300 first-time exhibitors. (2021). The COVID-19 pandemic has made them more particular about the products they buy for their pets. A. Jun 13, 2023 · The U. has a market share of 40% of the pet industry. Along with shifting consumer preferences and advances in technology, a deeper understanding of pet behavior and development is innovating our entire approach to pet care. Global pet industry PETS International | May 2021 58 Global developments and trends in the pet industry 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. 5. 2 billion (7. 1 Furry family THE TOP PET INDUSTRY TRENDS FOR 2018 THE TOP PET INDUSTRY TRENDS FOR 2018 • Careful and considerate pricing strategies will be required by pet related product and service providers to fulfill the needs of the new generational pet loving power purchaser as their disposable incomes vary from those of the baby boomer generation. As approach 2025, it’s clear that the marketplace is becoming increasingly omnichannel, with more pet parents opting for online shopping while traditional in-store sales soften. Jan 22, 2024 · Pet-Spend Trend 1: Non-Essential But Suddenly Must-Have Products. Discover the trends shaping pet care, including healthier food, grooming spas, adoption initiatives, and a focus on mental stimulation. 2-in-3 American households include at least one pet. E-commerce driving sales gains 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. People’s growing demand for pets and the support of modern technology have allowed the pet industry to develop more types of products. Fresh and Raw Diets: 16% of dog owners and 12% of cat owners now opt for fresh pet food. Jan 1, 2022 · Pet industry TRENDS, growth & statistics in 2021 and Beyond: Unleashing your Ecommerce Pet marketing strategies. Nowadays, pet owners prefer dietary food items to avoid obesity & unexpected weight loss issues among their kids. . 2 This impact is no different for the pet food industry, with more pet owners choosing to buy pet food online. 6% every year. So, whether you’re looking for a category to add to your eCommerce site. 31% of pet industry customers are Millennials & GenZ. Jan 13, 2025 · The 15 Pet Industry Statistics in the UK. 2 billion ($152. 5 million dogs and 12. Pet Subscriptions/Online Delivery. 4. Jan 16, 2025 · These trends demonstrate a growing demand for pet care products, increases in pet ownership in general, and gradual shifts in which generations constitute pet industry consumers. Pet industry TRENDS, growth & statistics Apr 16, 2024 · On March 20-22, 2024, pet industry professionals from across the globe gathered at the Orange County Convention Center in Orlando, Florida, for the Global Pet Expo. The pet industry performed much better than other sectors of the Australian economy. The pet industry’s favorite trade publication and magazine that reaches 40. 50 billion by 2030. Find out how much people are willing to spend on their furry friends and what are the fastest-growing segments of the pet industry. Jan 18, 2024 · Pet ownership is at an all-time high, with 66% of U. The pet care industry in the Philippines is expanding, with more demand for grooming, specialty services and pet-friendly businesses. Jan 29, 2024 · This data pointed out that pet parents worldwide are increasingly worried about their pets’ health and are searching for ways to personalize their diets: premium, fresh and tailored nutrition are among the top searches. If products are available to help, pet Sep 15, 2024 · As a Futurist focused on purpose-driven business, I recognize that as we look ahead, pets are more than just animals; they are beloved members of our families and integral to our wellness. Based on data from 2018 to 2023, the pet industry is in a good spot—in fact, it's on an upward trajectory: Overall spending in the U. As pet owners’ needs and priorities for their furry family members evolve, new trends emerge, offering valuable insight into where this industry is heading and identifying areas with potential for significant growth. Nutrition The largest shifts, in value terms, have been in pet nutrition. 1 billion ($384,075,494) in 2023. “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 Jan 7, 2025 · The 20 Pet Industry Statistics. The global pet market is worth $246 billion. Adapting for the future. pet market amounted to a staggering $147 billion in 2023. Surveys show that a majority of owners consider their pets members of their family, and this societal shift in perspective is expanding across major pet-owning markets. 65 billion by 2032, at a CAGR of 5. Apr 21, 2025 · Pet Care Market Trends. The market size of the pet industry in Australia is $3. Trends in pet food preferences. The pet grooming market is on a good path to become one of the most important pet industry trends in 2024. These trends often appear within the specific markets that make up the pet industry (i. The key industry players are consistently involved in creating new opportunities in the veterinary industry. These trends are what’s happening now in the industry and these new companies are the ones exploiting Sep 16, 2024 · Major pet brands. Who Shaped the Year. Key players include: Mar 24, 2025 · Mintel looks at how the latest pet ownership trends are impacting the pet care industry. total sales in-store vs online ; A new finding in pet health and wellness trends due to the impact of inflation; Discover the marketplace views and data that can help pet care brands understand the latest consumer purchase trends in our new Q2 2022 Pet Trends Report. The results of the analysis show that the market economy of the pet industry will show a growing trend in the future. 70% or 90. More pet service evolve based on market demand including cat hotel & pet cremation. Our team of category experts has analyzed major pet industry trends and the key drivers behind this impressive growth. 8 billion as of 2020. Apr 19, 2024 · Three consumer trends—Value Hackers, Delightful Distractions and Wellness Pragmatists—stand out as the most relevant for the pet care industry in 2024, primarily due to the impact of inflation, pet humanisation and health concerns. Dec 22, 2023 · As each of these trends played out over the course of the year, ADM is back with a new set of trends and expectations for the pet industry in 2024. US and Europe snapshot. 6% by June 2024, offering pet owners a reprieve. 9 billion at the end of 2023. Health and nutrition are critical 2024 trends, as well as sustainability and searching for quality at a lower price. 5 Nov 8, 2024 · This industry is experiencing a dynamic surge fueled by a growing pet population and the premiumization of products and services—a direct result of the continued humanization of pets. Pets play, poop and grow like babies. 8 billion in 2024, up 2. Globally, the pet industry is worth $232 billion. Predictions show that the pet grooming industry will increase to $14. Visitors: Driving Paid Traffic The video delves into the exciting and ever-changing trends in the pet industry, exploring the latest developments in premium pet food, the emergence of innovative services that go beyond traditional daycare and grooming, and pet fashion. Jun 26, 2023 · The growth of eCommerce has played a major role in CPG growth over the past few years. Premium Pet Foods . While the forecast is strong across every category, some segments are seeing a significant amount of growth. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers Apr 26, 2024 · Learn about the pet population, ownership trends, and concerns about pet care costs. State of the Pet Industry: Key Statistics. Due to COVID-19 in 2020, more people than ever relied on online shopping and subscription services to get what they needed. According to pet industry trends and projections, the pet industry will continue to grow with no signs of slowing down. These trends have sustained the sector’s growth for over a decade, and their influence continues to deepen. The Pet industry consists of many significant branches. Pet Supplies Live Animals & OTC Medicine: Pet Supplies and OTC Meds are based on data provided by Nielsen Scan and Packaged Facts. (Bloomberg Intelligence) It may be no surprise how much the global pet market is worth. Anticipating challenges and adapting to meet customer demands is central to success in this space. Challenges Facing Retailers in the Pet Industry. Jan 17, 2024 · In an industry as substantial as the global multi-billion-dollar pet industry, trends help tell a story of where things are heading, the latest innovations, and a glimpse of the evolving needs of pet parents. Pet Supplies analysis includes a market forecast outlook for 2025 to 2030 and historical overview. 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. pet industry had a record year and soared to $107 billion, according to the report U. The data cited in this video discussion is drawn from the recent report U. What’s been missing, though, is real insight on the state of pet healthcare now, several years post-pandemic, and what that grow Oct 28, 2023 · The pet industry continues to evolve rapidly, with new trends emerging that cater to the ever-changing needs of pet owners and their furry companions. Jan 19, 2025 · In fact, pet owners are now 40% less likely to add a new pet to their pack compared to two years ago. The question is: which trends will drive this growth? Pet Ownership Trends. The most important upcoming trends in the pet food market are analysed and succinctly presented alongside relevant insights from Mintel’s consumer data. Apr 21, 2025 · The global pet food market size is projected to grow from $132. The policies of the new Trump administration have cast a cloud of uncertainty over the US economy that makes navigating the pet industry waters – already uncertain due to high prices and stagnant pet population growth – all the more challenging in 2025. According to Michigan State University, the pet industry had an overall economic contribution in 2023 of $303 billion, an increase of 16% from 2022. The pet industry is changing with consumer demand for tailored pet food, holistic wellness options, and tech-enabled pet products. May 19, 2022 · Of course, we want the pet population to increase, but it’s almost a moot point. 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. households own at least one pet. 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. "Real insight on the state of pet healthcare now. Apr 18, 2024 · The global pet care industry is forecasted to represent €191. Our latest report, Paw Power: Pet Purchasing Trends, digs into what’s happening in the pet world and how business leaders in the pet industry can keep wagging through these changing times. Pet Industry Spending . Source: American Pet Products Association. com. The market is primed for growth. 9% in 2025. 21% from 2023 to 2030. It is projected to reach over $150 billion (€139B) in 2025 and closer to $200 billion (€185B) by 2030. There are 13. Freeze-Dried & Air-Dried Pet Foods Go Mainstream. As we look towards 2025, several key developments are poised to reshape the landscape of pet care centers, making them more efficient, engaging, and beneficial for both pets and their owners. The pet industry is undergoing significant Nov 27, 2023 · Pet retailers find themselves at the shoreline of an ocean of possibility. 3% every year. e. Whether you’re a devoted pet parent or a curious observer, these top pet industry trends will undoubtedly make an impact in 2024 and 2025. Apr 10, 2024 · The pet industry is doing fantastic in 2024 so far. 6B) by the end of 2024, 4. Apr 10, 2025 · The pet industry continues to thrive, with increased spending, changing shopping patterns, and new product categories reshaping the landscape. Market Trends and Reports US pet food sales hit US$65. 000+ pet professionals in 130+ countries and dives into the latest industry insights and trends. The US remains the biggest region in the global pet economy, with 40% of industry sales. Jan 23, 2025 · Australian Pets 1. 现正式发布由派读宠物行业大数据平台整理译制的《2023~2024年中国宠物行业白皮书（消费报告）》英文版，满足全球宠物行业 Mar 22, 2024 · For more information, be sure to read the report US Pet Market Outlook, 2024-2025 from Packaged Facts, which analyzes current and projects future retail sales and trends across the US pet industry. While there was no shortage of exciting developments, a few dominant themes stood out. Pet Type Insights Understand the latest market trends and future growth opportunities for the Pet Care industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation. Consumers want whole-food nutrition without the prep. Harringtons Pet Food, a brand owned by Inspired Pet Nutrition, has the lowest search volume of 390. Pet food continues to be a driving force in the pet industry. alone. Said APPA President and CEO Pete Scott, "The pet industry continues to demonstrate resilience, even amid economic uncertainty. The latest issue In this issue, you’ll discover: Premiumisation trends are boosting the sale of pet food in specialist retailers. 5% projected in 2024 and 3. Pet owners in Malaysia spend average RM250 per pet for pet supplies & services each month. With this shift in perspective comes a wave of trends that reflect our growing understanding of their needs and Oct 13, 2020 · 3. Frequent visits to grooming service providers by pet owners who own dogs and cats with low shedding characteristics and quick-growing coats are anticipated to fuel the growth of the U. In fact, eCommerce spending is expected to reach $36 billion in 2023 — a 20% projected increase from 2022. Jul 12, 2024 · Spending growth in the pet industry could reach 7% annually by 2030, after below-average growth of 2. Pet owners appreciate the convenience of ordering pet supplies online, benefiting from doorstep delivery and a wide range of choices. The Canadian pet food market is expected to grow to 5. cn, a pet industry market observer. Most trends in the past year were in line with those previously witnessed by the industry. Pet food is the industry's largest product segment, as all owners must purchase food to ensure their pets are well-fed and looked after. 5 million cats in the UK. To get started, here are some statistics to sum up the current state of the pet industry. Sep 18, 2023 · The pet food segment is the main force driving most revenue in the pet industry and the UK pet food market is second only to the US, the biggest pet market globally. Mar 18, 2025 · Looking ahead, the dog industry is poised for further growth and innovation. These expectations, combined with their interest in health and providing the best for their pets, fuel these pet industry trends. Despite the economic setbacks associated with the COVID-19 pandemic, the U. pet industry has been an investor favorite for years, but 2020 only intensified its appeal. ; In 2023, there was an 16% increase in pet food sales in Pet food sales for 2024 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. Apr 23, 2024 · In 2023, the size of the urban pet consumption market in China was 279. However, the increase in market size from 2020 to 2021 is predicted to be 11. ‍Read on to discover more about the latest statistics and trends in the pet industry! ‍ The global pet accessories industry is anticipated to showcase strong growth in the coming years driven by rising pet adoption trends, increasing demand for pet-related products and services, and pet humanization trends. This is attributed to more people owning pets worldwide as well as more premium options being available for pet food and other goods. (IMARC Grou) The highest market share is dog food at 40%, with cat food and other types of food both at 30%. According to IBIS World, the pet industry’s market size, measured by Mar 22, 2023 · The pet industry grows by 11. Powered by evolving perceptions of pet ownership across the globe, the pet care industry is poised for continued growth in 2024. 45%) from 2022. Pet care is the top dog in the fast-moving consumer goods (FMCG) category – now and before COVID-19 – surpassing even grocery and dairy. ), and are fueled May 2, 2023 · Global Pet Expo is the largest pet industry trade show in the world and the place where pet industry professionals gather to showcase their new products, network, attend educational seminars and Mar 20, 2025 · The 20 Canada Pet Industry Statistics. Mar 4, 2025 · The 15 South Africa Pet Industry Statistics. Stay ahead of the curve by delving into the realm of plant-based diets for pets and the Economic Uncertainty Adds to Pet Industry Challenges in 2025. Canada’s expanding pet demographics In 2024, the pet population in Canada showcases the country’s enduring love for animals and the number of pets in the country is expected to exceed 28. The global pet care market size was valued at USD 150. Growth in Pet Tech. Jan 29, 2025 · The pet industry in the Philippines is worth an estimated $100 million a year and this is expected to grow as the population moves away from its continued reliance on table and raw food, towards a Mar 21, 2025 · The pet food industry in China is expected to reach $8. Oct 10, 2024 · The pet industry exploded during the pandemic but after it ended, buyer’s remorse set in and the cost of owning a pet became more burdensome for many new pet owners. However, their search volumes remain significant at 22,200 and 18,100, respectively. Here’s a closer look at the biggest trends shaping the pet industry this year. Feb 12, 2025 · Philippines’ pet industry booms with rising premium demand. The growing pet population in the United States The American dream: a happy way of living wouldn’t be complete without a pet. APPA’s 2025 State of the Industry report shows pet ownership reaching 94 million U. Millennials, who represent the largest share of pet ownership, have an average household budget of about $85,000 per year. 3 billion yuan in 2026, according to China's Pet Industry White Paper 2023-2024 (Consumption Report), which was released by Petdata. 67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. Pet Industry Trends: Pet Spending Statistics in 2024 In the US, over 66% of households own a pet and collectively spend over $136 billion per year! Pet spending has increased nearly every year for the last several decades and there’s no sign of it slowing down. Overall, pet food brands that can meet the growing demand for natural, sustainable, personalized, and alternative protein sources, while also leveraging the benefits of eCommerce, are likely to be successful in the coming years. pet industry is worth about $76. 8 billion on pet products ( APPA ) 2020 was the first year the pet industry crossed the $100 billion sales mark . Pet Supplies Live Animals & OTC Medicine: Pet Supplies and OTC Meds are based on data provided by Nielsen Scan, Rakutan Intelligence and Packaged Facts. 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 Feb 6, 2025 · This momentum underscores PET|VET's ability to facilitate high-value transactions and strategic growth within the pet care industry. They could order everything from the comfort of their couch without needing to be around anyone and have it delivered straight to their door. 92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9. The U. The global pet market today is worth roughly $320 billion. Respondents include owners of dogs, cats, fish, horses, reptiles, birds and small mammals, that were at least 18 years old. Oct 20, 2023 · Trends Highlighted at the Global Pet Expo What trends will define the pet care industry in 2024? ‍There are a number of compelling trends pet businesses should be tracking going into 2024, including CBD supplements, personalized nutrition, pet tracking technology, sustainable toys, and pet probiotics. " Google “pet healthcare trends” and you’ll find no shortage of articles and “data” highlighting our industry’s exponential growth. which account for an approximate share of 25% in 2023. 4% — a sizable increase over its already 13% market share. 3 million by 2030. ; The South African pet Mar 26, 2022 · This article will focus on using data analysis to figure out the dynamics of the pet market. The Boom of Ecommerce’s Pet Market; Pet Ownership and Buying Behaviors; Data on Three Verticals within the Industry; Pet Stores, Retail, and Pop-Ups; Amazon: The Elephant Great Dane in the Room; Pet Industry Marketing: Unleashing Your Ecommerce Strategy. By 2025, several key trends are expected to shape the sector: 1. 9 billion by 2032, for a market growth rate of 3. Here are 9 significant trends in the pet industry for 2023 and beyond, reflecting how our relationship with pets is becoming more sophisticated and integrated into our lifestyles. Pet parents are aware of the link between food and health, and they want to give their pet the best nutrition. This included 1,000+ product launches Sep 28, 2024 · As someone who loves pets, I’m fascinated by how the industry is adapting to our evolving relationships with our pets and the changing expectations of pet owners. Apr 30, 2025 · Your portal to the global pet industry Although the total number of pets remains steady at 65 million, ownership trends have shifted between 2021 and 2024. 5 billion by 2025. Most pet food sold is processed ready-to-eat kibble, canned food and packed treats. Pet accessories encompass a diverse range of products such as collars, leashes & harnesses, bedding, feeding accessories The global pet services market size was valued at USD 24. Pet Industry Statistics Dec 14, 2023 · From pet ownership trends to consumer spending behaviors to the industry’s economic impact, APPA’s new report covers the gamut of the entire pet and pet nutrition industries. tbp fyiu twb xdlmvadi lcfybmbji ivelq cilbvqd dprmo lsnf fekbn iaca cywrvqb xznnnq bsiljrz ggtp