Pet market size by country 79% (CAGR 2025-2030). 63 billion by 2032, recording a CAGR of 9. 2 billion ($22. Asia Pet Care Market Size, By Value (USD Billion) 2013-25F 7. 99 Billion. The global pet care market size was valued at $138,270. 00 Billion in 2023, and is Projected to Reach USD 39. 56 billion in 2023 and is projected to reach USD 87. In terms of revenue, the North America accounted for 52. us, the global Pet Food market size is projected to reach USD 169. The German pet industry is one of Europe’s largest markets, generating €7 billion in 2023, a 9. 1 billion in 2023, is projected to hit $38. 2% from 2021 to 2030. The report 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. 9% and 7. The global pets market size was USD 16. 7 billion by 2033, up from USD 105. 1 Europe Pet Market Size By Country 2021 - 2033 The global Pet market size will be USD 18. In 2024, China will contribute to the highest sales in the region, with a market size of $13. The overall market size for the pet care market was USD 243,498. 01% during the forecast period. Pet parents’ expenditure rose to an estimated A$33. List the top 5 countries contributing to the pet care market. 5. 53 billion by 2032, growing at a CAGR of 5. 2% CAGR. The Pet Care Market size was valued at USD 263. 61 billion by 2029. The Europe Pet Food Market is expected to reach USD 58. Jan 7, 2025 · 5. It will help you to understand which region is dominating the market and is expected to grow significantly in the following years. The market grew 4. 4 billion (€34. 3 billion 1. The United States generated the highest revenue in the pet food market in 2023, contributing 57,384. 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. 3. 94 billion in 2021 and is expected to grow. Market size. S. 2. 7 billion (€3. Pet Care Market to gain USD 101. China’s pet market is projected to grow by 6. Middle East and Africa 5. 5% from 2024 to 2033. 9% from 2023 to 2033. The market is expected to grow from 12. 6B) in 2025. 5 million by 2030, registering a CAGR of 6. 2 billion in 2023, growing at a CAGR of 4. 92 billion by 2030. 1. B. 6%, reaching $114 billion (€103B) in 2025 and expand at an average annual rate of 6% through 2030, reaching $49 billion (€45B). 56% to reach USD 314. The global pet tech market size was estimated at USD 10. Europe 5. 83 billion in 2025 and grow at a CAGR of 7. 88 billion in 2024 to USD 233. 5 percent compared with 2023. South America 6. 43 billion in 2023 and is projected to grow from USD 52. 29% to reach USD 36. 3% of the pet food market in 2023, favored for benefits like promoting healthy teeth in dogs. Asia-Pacific Polyethylene Terephthalate (PET) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029 The Asia-Pacific Polyethylene Terephthalate (PET) Market is segmented by End User Industry (Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging) and by Country (Australia, China, India, Japan, Malaysia, South Korea). 6% from 2025 to 2032, reaching nearly USD 406. Jan 6, 2025 · Market size of the pet industry in South Korea from 2017 to 2021 with forecasts up until 2027 (in trillion South Korean won) Premium Statistic Pet care market size South Korea 2017-2026 As per the analysis shared by our research analyst, the US Pet market is estimated to grow annually at a CAGR of around 7. 45% during the forecast period. Global Pet Industry • 29 Apr 2025 Swedencare starts 2025 with revenue increase, but CEO warns about uncertainty Oct 11, 2023 · Based on the data of the 4 companies that have recently updated their reports, it can be said that the pet food market size is around USD 117. 92 billion in 2023 and is projected to reach USD 340. org The global pet care market size was valued at USD 304. Total sales were estimated to reach a peak of over 123 billion U. The global pet care market was valued at USD 226. 6% from 2021 to 2028. 5% during the forecast period, from 2021 to 2030. Apr 14, 2025 · The global pet care market size was valued at USD 246. Asia Pacific 5. Between 2020 and 2023, pet care spending in the region climbed by 26%, with luxury pet food sales up 32%, due to a $4. By country, the U. 95 Billion by 2032, growing at a CAGR of 5. The Global Pet Toys Market size is expected to surpass USD 5. Feb 10, 2025 · Overall, over the last five years, the global pet food market has been recording a notable growth in volume. 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. Jun 13, 2023 · The global pet industry is expected to see a similar CAGR of 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. Definition: The Pet Food market covers food that has Dec 12, 2024 · Find the most up-to-date statistics about pet market in Europe. 7 billion in 2024 to 41. Canada; Mexico; Rest of North America; Market Size (USD Mn) Forecast for North America 2023-2032; Latin America Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million) Introduction; Regional Market Trends; Historical Market Size (USD Mn) Analysis By Country, 2017-2022 The report gives an exhaustive investigation of the Middle East Pet market at country & regional levels, and provides an analysis of the industry trends in each of the regions, from sales, revenue, and consumption. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers 4 days ago · As Korea’s pet market expands, MEGAZOO offers global buyers a front-row seat to the region’s innovation boom. 81% in 2023. ), Mars Incorporated and Nestle (Purina) are the major companies operating in the market. Asia Region Share by Value: 2020 vs 2025 5. 68B) by 2028, up from $3. Global pet food sales are on the up. The global pet insurance market was valued at $10. Food represents 51% of total spending Global Pet Food Market size was valued at USD 141. By 2030, China will maintain about 10% of the global pet market. 94 billion in 2024 to USD 109. The PET bottles market size is estimated to be worth USD 46. 7% of the global pet products market in 2022. In terms of revenue, the US Pet market size was valued at around USD 45. 4% during the forecast period, 2023 – 2031. M. Explore trends & get a free sample from Technavio’s 2025–2029 forecast. Europe Pet Market Trends And Status Updates: Europe Market Trends: We have analyzed various aspects of the market, such as consumer behavior, industry practices, technological advancements, economic indicators, competitive landscapes, etc. Private labels pet food PET Bottles Market Outlook from 2025 to 2035. India’s pet industry is experiencing rapid and significant growth. This is almost double the country’s GDP forecast. The size of the dog consumer market increased 4. Jan 12, 2024 · Revenue of the pet food market worldwide by country 2024; Pet market size forecast in South Korea 2015-2027; Leading pet care retailers ranked by sales value in the United Kingdom (UK) 2017; 3. 5 billion (compared to €4 billion in 2022) with cat food making up the largest share, at €2. 1B). 4 billion in 2023 and is anticipated to grow at CAGR of 6. A pet is an animal that is tamed and maintained for companionship and recreation more often as a source of amusement or playthings. 36% to reach USD 83. 35 million, by 2032. Global Pet Care Market Size, By Volume (000 Tonnes)2013-25F 3. 11 Billion by 2031, expanding at a CAGR of 7. 0 million in 2020, and is estimated to reach $269,497. It also boasts the highest absolute value change (the country’s projected growth) in the APAC region, even though its CAGR to 2029 is 3. 1% from 2022 to 2030. de C. 7. The global market for recycled PET (rPET) is primarily driven by two significant factors. The report gives an exhaustive investigation of the Asia Pacific Pet market at country & regional levels, and provides an analysis of the industry trends in each of the regions, from sales, revenue, and consumption. ), Mars Incorporated, Nestle (Purina) and The J. 59 Billion in 2024 to USD 405. ADM, Colgate-Palmolive Company (Hill's Pet Nutrition Inc. Sales are projected to rise at a CAGR of 3. May 29, 2024 · The global pet food market is growing annually at a steady pace. . ,Ltd. 42bn in 2025. The growth is primarily driven by the pet food segment, which alone accounts for €4. 8 billion in 2023 and is poised to grow from USD 149. 3B) in 2022. The revenue generated by PET bottles in 2024 was USD 44. 99 billion in 2024 and grow at a CAGR of 6. 34 billion on average in 2023. 5 billion in 2023 and will rise at a compound annual growth rate Apr 7, 2025 · Online travel market size worldwide 2017-2028; Brand value of leading global QSR brands 2024; Topics. The global pet care market size was calculated at USD 323. 19 Billion in 2024 and the total Pet Care revenue is expected to grow at a CAGR of 5. Consumers in the region remain conscious of their pet’s health and welfare hence this increasing trend for quality and natural products for their Pet Care Market size was valued at USD 235. 3% respectively from 2016 – 2020. 10%. 11 United States Pet Market Segmentation By Type, Pet Type, Distribution Channel (2016-2026) 9. In that context, innovations around functional pet food and pet supplements going beyond basic physical health are paramount. The pet market size in Europe was worth USD 6. 9%, driven by growing awareness of pet health and wellness. 09 Billion by 2032, Growing at a CAGR of 9 % From 2024-2032. Asia Country Share by Value: 2020 vs 2025 6. 37 billion in 2024 to USD 427. 2 billion in 2025 and is anticipated to reach a value of USD 67. Smucker Company are the major companies operating in the market. , Far Eastern New Century Corporation, Indorama Ventures Public Company Limited and Sanfame Group are the major companies operating in the market. The report gives an exhaustive investigation of the South America Pet market at country & regional levels, and provides an analysis of the industry trends in each of the regions, from sales, revenue, and consumption. Mar 24, 2023 · New York, March 24, 2023 — The pet industry is poised to swell from $320 billion today to almost $500 billion by 2030, according to a new report from Bloomberg Intelligence (BI). 4B) in 2023. The market is expected to expand from USD 20. Dry food accounted for 43. The market is expected to reach $7 billion (€6. , and included a detailed qualitative analysis under this section of the final deliverable report copy. dollars in 2022. 76 Billion in 2023 and the total Polyethylene Terephthalate (PET) revenue is expected to grow at a CAGR of 5. 55 billion in 2025 and grow at a CAGR of 8. Pets are increasingly regarded as companions and support providers in Europe. 5% over the forecast period (2024-2032). Pet food sales worldwide from 2010 to 2023 (in billion U. 13 Canada Pet Market: Size and Forecast (2016-2026) Europe Pet Market Size. 1 billion in 2025 to USD 44. 2 Africa Pet Care Market Size by Product Type 2021 - 2033 . 39 billion by 2033. Online travel market size worldwide 2017-2028 EU pet food sales value growth by country in 2023. Pet Care Market Research, 2030. Pet owners are shifting towards high- quality pet nutrition, healthcare, fixing, and tech- enabled pet services. 53 billion by 2034, expanding at a CAGR of 7. 6% during the forecast period (2025-2032). The pet food market size by country shows that United States and Mexico have the largest contribution to the North American pet food market because the both the countries have huge pet owner base. 10 United States Pet Market Size, Market size and forecast period (2016-2026) 9. 1 billion by 2035. 74 billion in 2025, growing at a CAGR of 8. 3 billion by 2033, growing at a CAGR of 14. 43B) in 2024. 0 billion in 2023 to USD 15. Feb 10, 2025 · According to Market. 6 percent compared with 2023, while the cat The Global Pet Food Market is expected to reach USD 208. 7% during the forecast period (2025-2032). 1 billion worldwide. 2 billion (€12. 75 billion by 2032, exhibiting a CAGR of 6. Global Pet Care Market Size, By Value (USD Billion) 2013-25F 2. 70 billion by 2033 from USD 6. 8B/€21. 92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9. Revenue of Pet Food Market By Country 2023. 64 million US dollars. is projected to lead the global market in terms of revenue in 2030. 5 billion by 2035, registering a CAGR of 8. The global Recycled PET market size is expected to grow from USD 11. 5% over the forecast period. 6% to $37. The growth of the global rPET market is driven by factors such as increasing demand for sustainable packaging and growing awareness about environmental issues. Pet Tech Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033. Pet Accessories Market Size and Forecast, by Region (2024-2032) 5. 24% from 2025 to 2033. 9 billion (302 billion yuan), an increase of 7. 42 billion by 2030. 8% between 2024 and 2032, driven by growing pet adoption across the globe. ADM, Affinity Petcare SA, Colgate-Palmolive Company (Hill's Pet Nutrition Inc. North America dominated the pet care market with a market share of 33. Alfa S. 6 billion (€3. 12 United States Economic & Industrial Outlook 9. A. 9 billion. Apr 14, 2025 · The global polyethylene terephthalate (PET) market size was USD 48. 0 billion by 2028, at a CAGR of 6. , China Resources (Holdings) Co. 5% CAGR, it can be projected that the global pet food market will grow to USD 201. 2 billion by 2029, with 7. Global Pet Tech market size 2025 was XX Million. By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 189. 1 Europe Pet Tech Historical Market Size (USD Mn) Analysis By Country, 2017-2022 U. North America 5. 5% increase from 2022. 4. 3%. Nov 22, 2024 · The pet market in China is on course to increase by 6. 3. North America Pet Accessories Market Size and Forecast (by Value USD and Volume Units) 6. 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. By Derya Yildiz 9. North America Pet Accessories Market Size and Forecast, by Product Type (2024 Apr 26, 2024 · Pet market size in Australia. 67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. 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. (Grand View Research) As the statistics about the pet industry’s worth demonstrate, people are adopting more and 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 The Global Polyethylene Terephthalate (PET) Market is expected to reach USD 26. PET Bottles Market (Capacity: Up to 500 ml, 500 ml to 1000 ml, 1000 ml to 2000 ml, and More than 2000 ml) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2032 Report Preview Mar 21, 2025 · China’s pet market. 14 Billion by 2030. 23 billion in 2024. 5% during the forecast period. E-commerce continues to expand as consumers value convenience and products tailored to pets’ needs. V. 5 billion investment in product The global pet services market size was valued at USD 24. Worldwide: Revenue in the Pet Food market amounts to US$158. 1 Africa Pet Care Market Size By Country 2021 - 2033 . Per-capita volume sales in the pet food market worldwide by country in 2024; Mar 25, 2025 · Pet Care Market Size and Forecast 2025 to 2034. 5 billion in 2023. Pet Market Size Was Valued at USD 18. Jul 1, 2024 · Germany’s pet industry size. The pet-sitting market size was $1. 8% per year on average between 2018 and 2023. Assuming an average growth expectation of 5. According to IBIS World, the pet industry’s market size, measured by revenue, was $3. 48% from 2024 to 2030, reaching nearly USD 46. 66 Billion in 2022 and is likely to reach USD 32. The number of pet food manufacturers in China has tripled over the past 5 years. 01 billion in 2025 to approximately USD 643. 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). Global Pet Food Company Share, By Value, 2020 4. The Polyethylene Terephthalate (PET) Market size was valued at USD 31. 3 billion in 2032, at a CAGR of 15. See full list on worldanimalfoundation. The global recycled PET (rPET) market is expected to grow at a CAGR of 6. dollars) Revenue of the pet food market worldwide by country in 2024 (in million U Apr 7, 2025 · India’s pet industry size and sales numbers. Digitalisation continues to boost sales in the pet care industry. In Singapore, the dog and cat population have increased by CAGRs of 1. The European market is estimated to be worth USD 12. 21% from 2023 to 2030. 1 Africa Food Market Size The global pet care market size was valued at USD 150. Jul 24, 2024 · Over $100 per pet. 8% over the forecast period between 2025 and 2035. 75 Billion by 2031, expanding at a CAGR of 7. 41 Billion in 2023 and is poised to grow from USD 248. 9 North America Pet Market - By Country Market Share, 2020 & 2026 9. 4 million by 2030. 66 billion in 2023 and is projected to grow from USD 259. 72 billion in 2024 and is predicted to increase from USD 346. 7 million in 2025. 8% during 2023–2031 Decelerated but resilient consumer market growth1 While China’s pet (dog and cat) consumer market growth started to slow down in 2024, the total market size grew to $41. The market is expected to grow annually by 5. 71 billion by 2029, growing at a CAGR of 7. izfghpt foxdsy xfdxx aob scv czwwy hyduxvi ssiw rlkkfl ulk lkju tycllvx lemh rxr kkytvf