In 2024, year-end sales of pet food worldwide were forecast to reach ***** billion U.S. dollars. This would be an increase of almost ** billion dollars since 2019. U.S. pet industry Americans spent over *** billion U.S. dollars on their pets in 2024. With each consecutive year, U.S. pet industry expenditures have gone up. Ten years earlier for example, total pet owner expenses amounted to some ** billion U.S. dollars. Pet owners frequently need to pay for things, such as pet food, vet care, and over-the-counter medicine. In 2022, as well as previous years, pet food was the highest-selling pet market category in the United States: roughly ** billion U.S. dollars’ worth of animal pet food was sold in 2023. PetSmart There are various pet specialty chains to be found in North America, such as PETCO, Pet Supplies Plus, and Woof Gang Bakery. One of the largest companies in the business is PetSmart. The company is based in Arizona, United States, and focuses on selling specialty pet animal products. As of March 2022, PetSmart had the highest number of stores in North America, namely close to 1,700.

The Dog Food Market report segments the industry into Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets), Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets, Other Channels), and Region (Africa, Asia-Pacific, Europe, North America, South America). Get five years of historical data and five-year forecasts.

Comparing the 25 selected regions regarding the revenue in the 'Pet Food' segment of the food market, the United States is leading the ranking (**** billion U.S. dollars) and is followed by China with *** billion U.S. dollars. At the other end of the spectrum is Egypt with ****** million U.S. dollars, indicating a difference of **** billion U.S. dollars to the United States. Find other insights concerning similar markets and segments, such as a ranking of subsegments in Vietnam regarding revenue in the Food market as a whole and a ranking by country regarding per capita sales volume in the processed fish & seafood segment of the food market.The Statista Market Insights cover a broad range of additional markets.

The pet food market in the United States was worth approximately **** billion U.S. dollars in 2016. This figure was estimated to increase by over **** billion to around ***** billion U.S. dollars by 2022. Sales of pet food worldwide reached ***** billion U.S. dollars in 2016, showing that the U.S. accounted for around a ***** of global sales in that year. Country comparisons The U.S. towers above other countries in the pet food market. The UK comes a distant second when it comes to a worldwide country comparison of industry revenue. This comes as no surprise when you consider that most of the leading pet food companies worldwide are based in the United States. When it comes to future market development, however, Asia Pacific is the region expected to grow the most by 2022, with a forecast growth rate of *** percent. In comparison, the North American market is expected to grow by just *** percent in the same time period.

The Thailand Pet Food Market report segments the industry into Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets), Pets (Cats, Dogs, Other Pets), Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets, Other Channels). The study provides historical data and five-year forecasts.

The global grain-free pet food sector is estimated to be worth USD 49.1 billion in 2024 and is projected to reach a value of USD 80.5 billion by 2034, expanding at a CAGR of 6.4% over the assessment period of 2024 to 2034

Attributes	Description
Estimated Global Grain-free Pet Food Size (2024E)	USD 49.1 billion
Projected Global Grain-free Pet Food Value (2034F)	USD 80.5 billion
Value-based CAGR (2024 to 2034)	6.4%

Semi-Annual Update

Particular	Value CAGR
H1	5.2% (2023 to 2033)
H2	5.7% (2023 to 2033)
H1	6.2% (2024 to 2034)
H2	6.4% (2024 to 2034)

Country-wise Insights

Countries	CAGR 2024 to 2034
United States	4.6%
Germany	3.4%
Japan	5.1%
China	6.2%
India	7.3%

Category-Wise Insights

Segment	Conventional (Nature)
Value Share (2024)	66.4%

Segment	Dry (Form)
Value Share (2024)	58.8%

Revenue from the global direct-to-customer pet food market is expected to reach US$ 2.8 billion in 2024 and thereafter increase rapidly at 20.6% CAGR to settle at US$ 18.3 billion by the end of 2034.

Report Attributes	Details
Direct-to-Customer Pet Food Market Size (2024E)	US$ 2.8 Billion
Forecasted Market Value (2034F)	US$ 18.3 Billion
Global Market Growth Rate (2024 to 2034)	20.6% CAGR
East Asia Market Share (2024E)	24.7%
North America Market Value (2024E)	US$ 600 Million
Sales of Dry Pet Food (2034F)	US$ 12.7 Billion
D2C Sales of Food Meant for Dogs (2034F)	US$ 10.7 Billion
Key Companies Profiled	Mars Incorporated; Simmons Pet Food; Nestle; The Farmer's Dog, Inc.; The J.M. Smucker Company; Hill's Pet Nutrition; JustFoodForDogs, LLC; The NomNomNow, Inc.; Diamond Pet Foods; Heristo Aktiengesellschaft; Farmina Pet Foods Holding B.V.; WellPet, LLC; Ollie Pets Inc.; General Mills

Country-wise Insights

Attribute	China
Market Value (2024E)	US$ 500 Million
Growth Rate (2024 to 2034)	20.9% CAGR
Projected Value (2034F)	US$ 3.3 billion

Attribute	United States
Market Value (2024E)	US$ 500 Million
Growth Rate (2024 to 2034)	20.1% CAGR
Projected Value (2034F)	US$ 2.9 billion

Category-wise Insight

Attribute	Dry Pet Food
Segment Value (2024E)	US$ 1.9 Billion
Growth Rate (2024 to 2034)	20.7% CAGR
Projected Value (2034F)	US$ 12.7 billion

Attribute	Dogs
Segment Value (2024E)	US$ 1.6 Billion
Growth Rate (2024 to 2034)	20.5% CAGR
Projected Value (2034F)	US$ 10.7 billion

Pet Food Market Outlook

According to our latest research, the global pet food market size reached USD 123.6 billion in 2024, reflecting robust consumer demand and evolving pet ownership trends worldwide. The market is projected to expand at a CAGR of 5.7% from 2025 to 2033, reaching an estimated USD 202.3 billion by the end of the forecast period. This consistent growth is driven by rising pet humanization, increased awareness of pet nutrition, and the proliferation of premium and specialty pet food products in both developed and emerging markets.

One of the primary growth factors for the pet food market is the ongoing trend of pet humanization, where pet owners view their animals as integral family members. This shift has significantly influenced purchasing behavior, with consumers opting for higher-quality, nutritionally balanced, and often specialized pet food products. The demand for organic, natural, and functional pet foods has surged, as owners seek to address specific health concerns such as weight management, digestive health, and allergies. This has led to a rapid expansion of product portfolios by leading manufacturers, who are investing in research and development to innovate and cater to the nuanced needs of various pet species and breeds. Moreover, the rise in disposable incomes in emerging economies has enabled a broader segment of the population to afford premium pet food, further fueling market expansion.

Another significant growth driver is the increasing penetration of e-commerce and online retail platforms, which have transformed the way consumers purchase pet food. The convenience of home delivery, access to a wider range of products, and the ability to compare prices and reviews online have made digital channels a preferred option for many pet owners. Major players in the pet food market are leveraging digital marketing strategies and direct-to-consumer models to enhance brand visibility and customer engagement. Subscription-based services and personalized pet food solutions have also gained traction, offering tailored nutrition based on pet age, size, breed, and health status. These digital advancements are not only expanding the market reach but also fostering brand loyalty and repeat purchases.

Health and wellness trends are increasingly shaping the pet food market, with a growing emphasis on clean label ingredients, transparency, and sustainability. Consumers are more conscious about the sourcing and processing of pet food ingredients, driving demand for ethically produced, non-GMO, and environmentally friendly products. This has prompted manufacturers to adopt sustainable practices, such as using recyclable packaging and sourcing ingredients from certified suppliers. Additionally, the integration of advanced technologies like artificial intelligence and data analytics enables companies to track consumer preferences and optimize product formulations. These factors collectively contribute to the sustained growth and evolution of the market, positioning it for continued expansion through 2033.

Regionally, North America continues to dominate the pet food market, accounting for the largest share in 2024 due to high pet ownership rates, advanced retail infrastructure, and a strong presence of leading industry players. Europe follows closely, driven by stringent regulations, rising demand for premium products, and increasing awareness of pet health and nutrition. The Asia Pacific region is emerging as a high-growth market, fueled by rapid urbanization, rising incomes, and changing lifestyles that favor pet adoption. Latin America and the Middle East & Africa are also witnessing steady growth, supported by expanding middle-class populations and increasing investment in the pet care sector. These regional dynamics highlight the global nature of the market and the diverse opportunities for stakeholders across different geographies.

Product Type Analysis

The pet food market by product type is segmented into dry food, wet food, semi-moist food, treats & snacks, and others. Among these, dry food holds the

The pet food market is valued at USD 132.4 billion in 2025 and is expected to reach USD 247.7 billion by 2035, registering a CAGR of 6.5%.

Metric	Value
Market Value (2025)	USD 132.4 billion
Forecast Value (2035)	USD 247.7 billion
CAGR (2025 to 2035)	6.5%

The online revenue share concerning the 'Pet Food' market in the United States was forecast to continuously decrease between 2024 and 2029 by in total *** percentage points. According to this forecast, in 2029, the online revenue share will have decreased for the fourth consecutive year to ***** percent. Find further information concerning the revenue in the food e-commerce market in India and the revenue in the food e-commerce market in the United States.The Statista Market Insights cover a broad range of additional markets.

The demand for global Organic Pet Food market is expected to be valued at USD 2.50 Billion in 2025, forecasted at a CAGR of 7.8% to have an estimated value of USD 4.50 Billion from 2025 to 2035. From 2020 to 2025 a CAGR of 6.3% was registered for the market.

Attributes	Description
Estimated Global Industry Size (2025E)	USD 2.50 Billion
Projected Global Industry Value (2035F)	USD 4.50 Billion
Value-based CAGR (2025 to 2035)	7.8%

Country wise Insights

Countries	CAGR 2025 to 2035
United States	8.2%
UK	6.5%
Germany	5.8%

Category-wise Insights

Segment	Value Share (2025)
Dogs (Pet Type)	37%

Segment	Value Share (2025)
Dry Food (Food Type)	53%

The past five years have marked a turning point for premium pet food producers, as the boom-and-bust revenue cycles of the last decade gave way to more modest growth. Pet acquisition rates stabilized and, for the first time in years, even slipped. While sales growth slowed, the industry has held onto most of its pandemic-era gains. This is, in part, thanks to premium foods’ growing foothold with middle-income owners, who’ve gravitated toward products with transparent labels and functional claims. With price-sensitive buyers now in the mix, premium brands are more exposed to the broader economic cycle, making volume growth less about a wave of new pet adoptions and more about building engagement with today’s mainstream consumer. Since 2020, revenue has been growing at a CAGR of 0.1%, including a 0.5% rise in 2025, totalling $3.2 billion. Profit tells a more complex story. Across the industry, average profit has slipped back toward pre-pandemic norms, reflecting an environment where high input costs and marketing outlays routinely outpace producers’ ability to raise retail prices. The largest producers—those posting the biggest revenue gains—are often the most aggressive spenders, regularly reinvesting earnings into infrastructure, digital operations and consumer acquisition. This arms race for share and scale means that even as top-line sales consolidate under the likes of Freshpet and The Farmer’s Dog, operational losses and razor-thin profit are increasingly common at the top. Across much of the industry, it’s smaller and mid-sized brands that have kept profit steadier by focusing on measured growth and prudent cost control, but that discipline comes at the cost of ceding national footprint to larger rivals. Producers are set to walk a tightrope between innovation, digital engagement and cost discipline. Sustainable production, hyper-personalization delivered through AI-powered subscriptions and ingredient innovation will be essential for securing loyalty and supporting price premiums. At the same time, operational challenges will rise: sustainability investments and new compliance rules will push up costs, while digital-first delivery models and subscription fulfillment call for heavy tech spending. The biggest producers, particularly Freshpet and The Farmer’s Dog, have the capital to pursue national scale, but they’ll need to prove their business models can deliver more than just revenue growth. Profit discipline and agile adaptation will become the hallmarks of long-term winners. Revenue is forecast to grow at a CAGR of 1.5% over the next five years, reaching $3.5 billion in 2030.

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Pet Food Market Size 2025-2029

The pet food market size is forecast to increase by USD 44.1 billion, at a CAGR of 6.3% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for organic and natural options. Consumers are increasingly prioritizing the health and wellbeing of their pets, leading to a surge in demand for pet food with savory ingredients and smaller portions. This trend is further fueled by the rising instances of pet allergies, necessitating the production of allergy-friendly pet food. However, companies in this market face challenges, including the need to maintain product quality and safety while catering to diverse consumer preferences. Additionally, the growing competition and the increasing complexity of regulatory requirements pose significant challenges. To capitalize on opportunities and navigate these challenges effectively, companies must stay abreast of evolving consumer trends and adapt their product offerings accordingly. By focusing on innovation, quality, and consumer education, they can differentiate themselves in the market and build strong brand loyalty.

What will be the Size of the Pet Food Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by various dynamics and applications across numerous sectors. Weight management remains a significant focus, with sales data indicating a growing demand for weight management formulas. Pet specialty stores and online retailers are key distribution channels, leveraging marketing strategies such as social media marketing and advertising campaigns to reach consumers. Pet nutritionists play a crucial role in addressing the pet obesity epidemic, advocating for balanced diets and appropriate feeding practices. Dry kibble and wet food both have their merits, with some pet owners opting for raw food or freeze-dried options for perceived health benefits. Life stage formulas cater to specific needs, from kitten food and puppy food to senior food and prescription diets. Ethical sourcing and novel protein sources are becoming increasingly important, as consumers prioritize transparency and sustainability. Functional ingredients, such as omega-3 fatty acids, sweet potatoes, and vegetable oil, offer health benefits for pets, supporting joint health, digestive health, immune system support, and more. Subscription services and personalized nutrition plans further cater to diverse consumer preferences. Pet healthcare costs continue to rise, driving demand for affordable options and pet insurance. Pet food safety remains a top concern, with ongoing efforts to improve regulations and industry standards. The pet industry research is rich with insights, revealing ongoing trends, such as the increasing popularity of plant-based options and the integration of technology into pet feeding and care.

How is this Pet Food Industry segmented?

The pet food industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductDry foodWet foodSnacks and treatsTypeDog foodCat foodOthersDistribution ChannelSpecialty Pet StoresSupermarkets & HypermarketsOnline RetailVeterinary ClinicsMass MerchandisersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By Product Insights

The dry food segment is estimated to witness significant growth during the forecast period.The market encompasses various product categories, including dry kibble and wet food, each catering to diverse consumer preferences and pet needs. Dry pet food, a staple choice for many pet owners, offers advantages such as ease of storage and transportation, facilitating cost savings. Moreover, dry food aids in maintaining oral hygiene and can be used in food puzzle toys for controlled feeding. The market is witnessing significant growth due to the increasing pet population, particularly in developing regions. Senior pets and pets with specific health conditions, like joint issues or dental concerns, require specialized food offerings, leading to the rise of senior food and prescription diets. Ethical sourcing of protein sources, such as meat meal and animal fat, is a growing trend, reflecting consumers' focus on pet health and wellbeing. Marketing strategies, including social media campaigns and advertising, influence consumer choices, with life stage formulas and weight management formulas being popular choices. Freeze-dried food and raw food alternatives also gain traction, while vegetable oil and functional ingredients add value to pet nutritio

The wet pet food market is projected to be valued at USD 25.1 billion in 2025 and is anticipated to grow to USD 42.1 billion by 2035, registering a compound annual growth rate (CAGR) of 5.3% over the forecast period.

Metric	Value
Industry Size (2025E)	USD 25.1 billion
Industry Value (2035F)	USD 42.1 billion
CAGR (2025 to 2035)	5.3%

Country-wise Outlook

Country	CAGR (2025 to 2035)
United States	5.5%

Country	CAGR (2025 to 2035)
United Kingdom	5.1%

Region	CAGR (2025 to 2035)
European Union	5.2%

Country	CAGR (2025 to 2035)
Japan	4.9%

Country	CAGR (2025 to 2035)
South Korea	5.6%

The demand for pet food in the United States has a strong potential growth, with a forecast of USD 44.2 billion in 2025. The growth of the overall sector is expected to achieve a CAGR of 4.0% during the estimated period, which is between the years 2025 and 2035. The estimated value of the industry is predicted to be USD 65.4 billion in the long run by 2035.

CAGR Analysis

CAGR	(2025 to 2035)
USA	8.2%

Competitive Outlook

Company Name	Estimated Market Share (%)
Mars Petcare (Pedigree, Royal Canin, Nutro)	35-40%
Nestlé Purina PetCare (Purina, Fancy Feast)	30-35%
J.M. Smucker Co. (Meow Mix, Milk-Bone)	8-12%
Hill’s Pet Nutrition (Colgate-Palmolive)	5-9%
Blue Buffalo (General Mills)	4-8%
Other Players (Combined)	8-15%

The Japan Pet Food Market report segments the industry into Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets), Pets (Cats, Dogs, Other Pets), and Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets, Other Channels). It provides five years of historical data and five-year market forecasts.

The natural pet food market comprises pet nutrition products made with minimally processed, high-quality, and preservative-free ingredients, often free from artificial flavors, colors, and synthetic additives. It caters to health-conscious pet owners who prioritize holistic, organic, grain-free, and raw food options for dogs, cats, and exotic pets.

Key Market Metrics

Metric	Value
Market Size in 2025	USD 15,276.8 Million
Projected Market Size in 2035	USD 23,052.0 Million
CAGR (2025 to 2035)	4.2%

Country-wise Outlook

Country	CAGR (2025 to 2035)
USA	4.5%

Country	CAGR (2025 to 2035)
UK	4.0%

Country	CAGR (2025 to 2035)
EU	3.9%

Country	CAGR (2025 to 2035)
Japan	4.2%

Country	CAGR (2025 to 2035)
South Korea	4.3%

Segmentation Outlook

Segmentation Type	Market Share (2025)
Dogs	53.1%

Segmentation Type	Market Share (2025)
Dry Pet Food	46.9%

Competitive Outlook

Company/Organization Name	Estimated Market Share (%)
Mars Petcare Inc.	18-22%
Nestlé Purina PetCare	14-18%
The J.M. Smucker Company	12-16%
Champion Petfoods LP	10-14%
Wellness Pet Company	8-12%
Others	26-32%

Revenue in the Pet Food Production industry has fluctuated over recent years. Pet food manufacturers have faced operational challenges in delivering orders amid the COVID-19 pandemic and fluctuating disposable incomes. More and more consumers are seeking high-quality pet food products, bolstering sales of premium pet foods in Australia. Manufacturers have responded by releasing gourmet product varieties, like salmon and white fish with olive oil kibble for cats and products with dietary benefits, like grain-free and grain-reduced dog food. Overall, industry revenue is expected to have fallen at an annualised 2.4% over the five years through 2024-25, to $3.1 billion. This includes an anticipated dip of 2.0% in 2024-25 as negative consumer sentiment weighs on discretionary spending. Even though pet food producers have benefited from greater sales of premium products over recent years, pressure from private-label products has persisted. Budget-conscious consumers have opted for less costly private-label products rather than regular-priced branded pet food. This trend has favoured producers that specialise in manufacturing products for private labels. Private-label trends have hurt producers of less popular branded products by reducing available shelf space in supermarkets. Economic uncertainty has forced many consumers to be more price-sensitive and opt for lower priced dry pet food alternatives. Industry enterprise numbers have dropped since 2021-22. With larger producers accounting for around 60% of industry revenue, new smaller players have struggled to enter the industry. Several smaller manufacturers have succeeded by targeting niche markets and products. Industry revenue is forecast to climb at an annualised 0.9% over the five years through 2029-30, to total $3.2 billion. Competition from private-label products is poised to continue pressuring pet food producers, while growing urbanisation is set to limit growth in Australia's pet population. However, expanding discretionary incomes and continued demand for premium products are set to assist revenue growth.

Recent years have provided boons and challenges for pet food producers. The pandemic sparked a surge in pet ownership, particularly cats and dogs, prompting a short-lived revenue hike. However, as supply chain disruptions ensued and input costs soared, producers prioritized steadying profit over sales. Following the initial downturn in 2021, producers have boosted prices and passed costs along to consumers, generating steady profit gains at the detriment of overall revenue. Still, since 2019, sales have only been dropping at a CAGR of 0.8%. Recent dips in poultry prices, aided by eases in red meat and agricultural prices, provide producers with greater negotiating power. As a result, revenue will climb 1.8% in 2024, reaching $27.6 billion.Pet parenthood has become more prevalent among consumers. As birth rates have decelerated and heightened inflationary pressures continue influencing consumers' purchasing power, pet ownership has served as an alternative to outright parenthood. Pet parents are typically more willing to splurge on organic and premium pet food products, which helped stimulate revenue growth. The trend has coincided with a boost in the industry's globalization, which has created unique opportunities and challenges. While exports have remained high, rising industry globalization has meant manufacturers grapple with growth in imported pet food.Pet ownership rates will continue ballooning in the coming years as consumers find themselves with more disposable income and feel more confident in the financial responsibility of owning a pet. Despite unsteady growth during the previous period, new entrants will continue flooding the scene, intensifying competition and potentially diluting market share concentration. Manufacturers will focus on innovation, developing and marketing pet food formulas that offer advanced benefits, such as age-specific nutrition and sustainable, all-natural ingredients, to more effectively compete; however, imported pet food brands will mitigate growth. Revenue is forecast to climb at a modest CAGR of 0.7% over the next five years, reaching $28.6 billion in 2029.

The European pet food industry presents a thriving market with a value of XX million in 2023 and a projected CAGR of 6.20% through 2033. This growth is driven by factors such as increasing pet ownership, rising disposable incomes, and a growing trend towards pet humanization. The market is segmented into pet food products, pets, and distribution channels, with kibble-based dry pet food dominating the product segment and dogs being the most popular pet. Key trends shaping the industry include the rise of premium pet food, the increasing demand for natural and organic ingredients, and the growing popularity of e-commerce channels. However, the market also faces certain restraints, such as concerns over animal welfare in the meat industry and the impact of inflation on consumer spending. Major players in the European pet food market include ADM, Affinity Petcare SA, General Mills Inc., Mars Incorporated, and Nestle (Purina). The market is expected to continue its growth trajectory, with a particular focus on innovation and sustainability in the coming years. Recent developments include: July 2023: Hill's Pet Nutrition introduced its new MSC (Marine Stewardship Council) certified pollock and insect protein products for pets with sensitive stomachs and skin lines. They contain vitamins, omega-3 fatty acids, and antioxidants.May 2023: Nestle Purina launched new cat treats under the Friskies "Friskies Playfuls - treats" brand. These treats are round in shape and are available in chicken and liver and salmon and shrimp flavors for adult cats.May 2023: Virbac acquired its distributor (GS Partners) in the Czech Republic and Slovakia, which became Virbac's 35th subsidiary. This new subsidiary allows Virbac to expand its presence more in these countries.. Key drivers for this market are: Increased Demand for Meat, Initiatives By the Key Players; Focus on Animal nutrition and Health. Potential restraints include: Shift Toward Vegan- Based Diet, Changing Raw Material Prices and Strict Government Rules to Restrict Market Growth. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.