Pet industry statistics 2023 worldwide The growth is primarily driven by the pet food segment, which alone accounts for €4. Retailers currently have much more focused consumer-related data than manufacturers, allowing them to personalize their products and services. Worldwide, the pet industry is rolling in at a whopping $222. A compound annual growth rate of 4. 166,000 Americans work in over 17,480 pet stores nationwide. 02B) in retail sales by 2025, with an annual increase of 7. Source information: Pet Food & Treats: Source: Nielsen Scan: Nielsen IQ Scan – 52 Weeks ending 12/31/2024 for xAOC and Total Pet Retail. Based on data from 2018 to 2023, the pet care industry is in a good spot—in fact, it’s on an upward trajectory. In 2023, there was an 16% increase in pet food sales Below, we report on the pet ownership statistics by species-type and by generational segment. 2% in 2022 to 7. 8 billion in revenue. 2023 Mar 4, 2025 · The 15 South Africa Pet Industry Statistics. The global pet food market is growing annually Apr 14, 2025 · The global pet care market size was valued at USD 246. 75 billion by 2032, exhibiting a CAGR of 6. Bureau of Labor Statistics) Feb 9, 2024 · On the other side of the pond, inflation in pet food in the US reached 10. Read more Dec 4, 2024 · How big is the pet industry in Canada? In 2023, the pet stores industry in Canada generated $3. 8% in 2023 (up from 10. and around the world for some times now. Cutting down on non-essentials Apr 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. Feb 10, 2025 · North America and Europe produced the highest amount of pet food in 2023, contributing 11. Jan 13, 2025 · Global Pet Food Market Overview Global Pet Food Market Size Statistics. 2% in 2022). 7 billion (€3. 37 billion in 2024 to USD 427. 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. 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. 4 billion in 2023 and is anticipated to grow at CAGR of 6. Historical Data: 2017 to 2023. Jan 7, 2025 · The 20 Pet Industry Statistics. The global pet market today is worth roughly $320 billion. 57 billion. Americans are responsible for 44. U. (Market Data Forecast) People adore their pets, so it’s natural they want to provide the best possible pet insurance there is . Mar 28, 2024 · In the years ahead, the fast-growing pet care markets in Southeast Asia will become more visible, not only within the Asia-Pacific region but also on a global scale. alone, pet owners spent USD 136. 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 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. Base Year: 2023. 45% during the forecast period. The rising trend of pet humanization and increased consumer spending on pet care products and veterinary services are the major growth drivers. 3 billion (compared to €2 billion in 2022). Apr 25, 2025 · Almost 1 in 10 U. is the nation’s largest pet store; its 2024 revenue will total over $6. The global pet market is worth $246 billion. 8% between 2024 and 2032. May 6, 2024 · Leading global pet food companies based on revenue growth 2022-2023; Pet food production worldwide 2023, by region; U. 67 Purchase the World Market for Pet Care Global Briefings as part of our Pet Care research for June 2024. 92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9. 66 billion in 2023. 6% is expected of the worldwide pet products industry from 2023 to 2030. Industry Reports Jan 27, 2025 · The global PET market is expected to reach a value of 43. Continuing increases: France, UK The global pet care market was valued at USD 226. Apr 26, 2024 · Pet market size in Australia. pet industry expenditure 1994-2024; Pet food processing market value in Dec 12, 2024 · Automotive industry worldwide - statistics & facts; Tesla - statistics & facts; Top Report. 6% last year, according to the Bureau of Labor Statistics (BLS). The pet industry is one of the most massive sectors of the American economy, with many more years of growth potential. 2023 Jul 4, 2024 · Sales of pet food worldwide 2010-2023; Pet market size China 2015-2025; Number of new pet-related companies China 2014-2023; Share of pet industry China 2023, by segment; Pet product sales revenue 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. 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). 4% in April 2023 to just 3. 8 billion on their pets in 2022, marking a substantial increase from the previous year. (Bloomberg Intelligence) It may be no surprise how much the global pet market is worth. 3% against 2021. 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. According to the report of FMI, the global pet food market industry size is expected to reach USD 117. 01% during the forecast period. Nestlé Purina PetCare, headquartered in the U. com! Skip to main content. We can witness an upward trend, as 70% of Apr 25, 2015 · Global Pet Industry • 1 May 2025 Colgate-Palmolive’s sales slip amid tariffs, shaky consumer confidence Hill’s was a bright spot in a challenging Q1 2025, with pricing increases driving growth. 67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. families owns an exotic animal as a pet; Pet Ownership Statistics. Pet May 29, 2024 · Premium Statistic Pet food production worldwide 2023, by region Premium Statistic U. ; The pet population increased just over 1% between 2022 and 2023. 3B) in 2022. Mar 22, 2023 · Pet Industry Statistics. Nov 22, 2024 · Pet Industry Statistics. Jan 16, 2025 · To get started, here are some statistics to sum up the current state of the pet industry. The United States plays a significant role in the global pet product market, acting as both a major importer and exporter. United States and the import and export of pet products. Here is some Pet Care Market Growth Data: Americans spent $147 billion on their pets in 2023. 69 billion in 2023. 6% by June 2024, offering pet owners a reprieve. Trends in pet food preferences Fresh and Raw Diets: 16% of dog owners and 12% of cat owners now opt for fresh pet food . 9 million U. General Pet Industry Statistics. 1 billion ($384,075,494) in 2023. Feb 6, 2025 · In 2023, U. 2023 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. The global pet care market size was valued at USD 304. More than half (51%) of millennials buy gifts for their pets. dollars. This marks the end of a 3-year increase driven by the pet industry’s pandemic boom. 7% of the global pet market. 92 billion in 2023 and is projected to reach USD 340. 8% for the next 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. 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. 2023 The global pet care market size was valued at USD 150. North America dominated the pet care market with a market share of 33. Jun 13, 2023 · General pet industry statistics. In 2018, the market’s revenue stood at USD 88. . 9 billion U. 91 billion, and by the end of 2019, it had increased to USD 98. 2 percent during the forecast period of 2023 to 2030. 8B/€21. 66 billion in 2023 and is projected to grow from USD 259. 1% from 2022 to 2030. This success comes from the profits driven by pet food, toys, healthcare, and more. 3 million by 2030. 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 stores will net a total of $28. 4B) in 2023. The pet market was worth R7. pet industry expenditures reached $147 billion (American Pet Products Association) Pet Industry Careers Statistics. 21 billion. households—about two-thirds or 66% of the population—owned a pet in 2023–2024. State of the Pet Industry: Key Statistics. Pet owners have gravitated towards healthy pet foods 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. Sales of pet food worldwide 2010-2023. Premium and local ingredients The pet food market in the Middle East is forecast to reach $4. Pet food sales worldwide from 2010 to 2023 (in 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. 5 billion (compared to €4 billion in 2022) with cat food making up the largest share, at €2. 2023 Feb 10, 2023 · The data company estimates that Filipino pet parents spent $124 million on pet food in 2022, an increase of 16. , was the leading pet food company worldwide in 2023 based on revenue Dec 10, 2024 · Europe and North America were the front runners in global pet food production in 2023 - both regions produced about 11 million metric tons in that year. ; The South African pet 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. Market Oct 11, 2023 · Future Market Insights is the company offering the second highest forecast. The global pet food market has exhibited a remarkable growth trajectory over the past few years at a CAGR of 5. 71 billion by 2029, growing at a CAGR of 7. 8% between 2024 and 2032, driven by growing pet adoption across the globe. While some markets may lag, statistics indicate that economic downturns do little damage to the industry as a whole. Pet food sales worldwide from 2010 to 2023 (in billion U. pet industry is, here are some general facts you should know: The global pet industry 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 $500 Aug 9, 2024 · Discover all statistics and data on Pet industry in China now on statista. 48 billion (€4. The pet products industry worldwide is expected to reach a projected revenue of US$ 120,781. Food represents 51% of total spending the COVID-19 pandemic, the global pet industry is expected to adapt and grow at a CAGR of 6% in the coming decade. This market was valued at $94. ; 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%. 2 billion(€80. 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. In 2023, year-end sales of pet food worldwide were forecast to reach 133. From 2018 to 2023, the industry’s market size grew at an average annual rate of 6. 8% per year on average between 2018 and 2023. 5% increase from 2022. 21% from 2023 to 2030. 4% CAGR. Price hikes in pet supplies decreased from 9. S. In the U. Apr 14, 2025 · The global pet care market size was valued at USD 246. The market grew 4. 6%. “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 Sales of pet food worldwide 2010-2023; Pet market size China 2015-2025; Number of new pet-related companies China 2014-2023; Share of pet industry China 2023, by segment; Pet product sales revenue Oct 1, 2024 · Discover all statistics and data on Pet industry in Thailand now on statista. Feb 10, 2025 · North America led the global pet food market in 2023, holding 39. 2023 Hotel industry worldwide - statistics & facts; Top Report. View Report. The value of the pet tech market in 2022 was $5 billion. Aug 19, 2024 · The global pet market industry was valued at $246. 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. Pet products and services are among the fastest-growing industries in the United States. As of May 2023, the median annual wage was $31,200 for animal caretakers and $38,810 for animal trainers (U. People in the USA spent $89 billion on their pets in 2023. 2 billion ($22. Canadian pet owner buying behavior. 3% of total revenues, driven by trends in pet humanization. Jul 1, 2024 · The German pet industry is one of Europe’s largest markets, generating €7 billion in 2023, a 9. 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. Pet food industry worldwide 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. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers 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. Feb 5, 2025 · Pet Care Inflation declined from a peak of 15. Petsmart, Inc. 4 billion) in 2020. Pet parents’ expenditure rose to an estimated A$33. 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. The shift towards online shopping has accelerated, with retailers like Amazon Canada and Chewy entering The global pet services market size was valued at USD 24. Pet food sales worldwide from 2010 to 2023 (in Dec 9, 2020 · Pet industry trends from 2020 report the global pet insurance industry reached $3. This would be an increase of almost 40 billion dollars since 2019. 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. dollars by 2029, registering a CAGR of 3. Let's break down some of the numbers so you can see just how pawsitively successful it is: Global Pet Industry Valuation. 34 million metric tons and 10. Forecast Period: 2024-2032. 26 billion U. 7% from 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. Euromonitor International is the leading provider of strategic market research reports. pet industry expenditure 1994-2024 Jul 9, 2024 · Sales of pet food worldwide 2010-2023; Pet market size China 2015-2025; Number of new pet-related companies China 2014-2023; Share of pet industry China 2023, by segment; Pet product sales revenue Jan 8, 2025 · Overall Market of Pet Industry Trends 1. 2 billion (€80. households (71%) own a pet, while 86. E-commerce pet food sales data powered by NielsenIQ Ecommerce Measurement. The pet industry has been successful in the U. To dive into just how successful the global and U. S Apr 21, 2021 · The largest shifts, in value terms, have been in pet nutrition. 97 million metric tons, respectively. 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. During the forecast period 2023 to 2033, global pet food sales are likely to soar at 6. S The global pet care market size was valued at USD 304. Nutrition The largest shifts, in value terms, have been in pet nutrition. China’s focus on pet humanization, sustainability and innovation is expected to shape future trends. 8 billion in 2024, up 0. 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. The pet industry is changing with consumer demand for tailored pet food, holistic wellness options, and tech-enabled pet products. 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）》。 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. 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. 81% in 2023. According to IBIS World, the pet industry’s market size, measured by revenue, was $3. As per the latest American Pet Products Association 2025 stats, 94 million U. 3%. This is attributed to more people owning pets worldwide as well as more premium options being available for pet food and other goods. nhndrzvmdzylitrobyubuadcjspwecryuvaomrskccqmdveuhvdlfayyijyexviotrvovp