The Pet Food Market Report is Segmented by Pet Food Product (Food, Nutraceuticals/Supplements, Treats, and Veterinary Diets), Pets (Cats, Dogs, and Other Pets), Distribution Channel (Convenience Stores, Online, Specialty Stores, Supermarkets/Hypermarkets, and Other Channels), and Geography (Africa, Asia-Pacific, Europe, North America, and South America). Market Forecasts are in Value (USD) and Volume (Metric Tons).

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%

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 Thailand Pet Food Market Report is Segmented by Pet Food Product (Food, Pet Nutraceuticals/Supplements, and More), Pets (Cats, Dogs, and Other Pets), and Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

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 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%

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.

Pet Food Market is accounted for USD 90 Billion in 2019, growing at a robust CAGR of 5.2% during forecast period.

The size of the U.S. Pet Food Market was valued at USD 36.46 billion in 2023 and is projected to reach USD 47.02 billion by 2032, with an expected CAGR of 3.7 % during the forecast period. Recent developments include: In December 2023, Nestlé Purina collaborated with Alpharetta-based LailaAliLifestyle.com to launch EverRoot Dog Supplements Soft Chews. It is a customizable soft chew designed to meet unique pet needs and diversifies Purnia’s product line. , In February 2023, The J.M. Smucker Company announced selling five pet food brands to Post Holdings, Inc. The transaction was valued at USD 1.2 billion , In January 2023, Hill’s Pet Nutrition announced an introduction of a novel therapeutic pet diet specifically crafted to address reduced appetite and offer high-quality nutrition for both cats and dogs diagnosed with cancer. .

Snapshot img

Pet Food Market Size 2025-2029

The pet food market size is valued to increase USD 44.1 billion, at a CAGR of 6.3% from 2024 to 2029. Growing demand for organic pet food will drive the pet food market.

Major Market Trends & Insights

North America dominated the market and accounted for a 33% growth during the forecast period.
By Product - Dry food segment was valued at USD 48.80 billion in 2023
By Type - Dog food segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 86.92 billion
Market Future Opportunities: USD 44.10 billion
CAGR : 6.3%
North America: Largest market in 2023

Market Summary

The market is a dynamic and continually evolving industry, driven by various factors that shape its growth and development. Core technologies and applications, such as the increasing use of natural and organic ingredients, are reshaping the market landscape. The demand for pet food with savory ingredients and smaller portions is on the rise, reflecting changing consumer preferences. Moreover, the growing instances of pet allergies among pet owners have led to a surge in demand for hypoallergenic pet food options. According to a recent study, the organic the market is projected to reach a 15% market share by 2025, highlighting its significant impact on the industry's future trajectory. Despite these opportunities, challenges such as stringent regulations and increasing competition persist. The market is an intriguing space to watch as it continues to unfold, offering both challenges and opportunities for stakeholders.

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

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Pet Food Market Segmented and what are the key trends of market segmentation?

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.

In the dynamic and evolving the market, dry pet food maintains a significant share due to its advantages in storage, cost savings, oral hygiene, and controlled intake. According to recent industry reports, the dry pet food segment accounts for approximately 60% of the global market, with this trend expected to continue. The increasing pet population, particularly in developing regions like India and Malaysia, is fueling market expansion. Regarding market performance, food safety regulations have become increasingly stringent, leading to a 25% increase in the number of companies investing in advanced mineral content testing. Shelf life stability and digestive health remain top priorities, with a 17% rise in the demand for omega-3 fatty acids and probiotics. The calcium phosphorus ratio is another crucial factor, with a 12% surge in the adoption of pet food formulations ensuring optimal ratios. Moreover, the ongoing focus on improving pet health has led to advancements in pet food extrusion technology, enhancing protein digestibility by 15%. Sensory evaluation and taurine levels are also under close scrutiny, with a 9% rise in the demand for antioxidant-rich ingredients. Fat metabolism and hair coat condition are essential aspects, with a 20% increase in the use of prebiotics and probiotics to support gut microbiota health. Ingredient sourcing and vitamin supplementation have gained significant attention, with a 14% increase in the demand for high-quality, locally sourced ingredients and natural vitamin supplements. Probiotics efficacy and energy density are also essential considerations, with a 10% rise in the adoption of AAFCO standards to ensure quality and consistency. In the realm of nutritional labeling, there is a growing emphasis on transparency, with a 22% increase in the demand for clear, easy-to-understand labels. Arachidonic acid, moisture content, and allergen detection are other critical factors, with a 13% rise in the implementation of stringent quality control measures to address ingredient interactions and microbial contamination. In conclusion, the market is a continuously evolving landscape, with ongoing trends centered around improving pet health, ensuring food safety, and maintaining transparency. The future holds promising growth, with a projected 16% increase in the adoption of advanced pet food fo

The global pet food market size exceeded USD 125.09 billion in 2025 and is set to register a CAGR of more than 5.3%, exceeding USD 209.66 billion revenue by 2035, attributed to surge in production of organic pet food.

The United Kingdom Pet Food Market Report is Segmented by 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 Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

According to Cognitive Market Research, The Global Dry Pet Food market will grow at a compound yearly growth rate (CAGR) of 5.50% from 2023 to 2030.

The demand for dry pet food is rising due to the increasing operational efficiency and saving higher costs.
Demand for dogs category remains higher in the dry pet food market.
The Kibble category held the highest dry pet food market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific dry pet food market will experience the strongest growth until 2030.

Growing Pet Ownership across Developing Countries to Aid Growth

It is anticipated that one of the key factors driving the market would be the rising rate of pet ownership throughout the world, particularly in emerging areas. The pace of market expansion is further accelerated by the growing urbanisation and pet humanization, which encourage pet owners to choose wholesome and premium pet food. The growing per capita income of consumers encourages them to spend money on organic and nutritious pet food items to improve the health of their pets.

The introduction of Tastefuls, a new line of cat food, was announced by General Mills, Inc. The item is specifically made to support with cognitive growth.

(Source:www.generalmills.com/news/stories/one-taste-is-all-it-takes-with-new-blue-buffalo-cat-food)

Moreover, the convenience and nutritional benefits associated with dry pet food make it an attractive option for pet owners in busy urban environments. As a result, the market is poised for sustained growth in the foreseeable future.

Market Dynamics of Dry Pet Food

Stringent Regulations Associate with Pet Food to Obstruct Market Growth

Pet food comes under the most highly regulate food products, especially across the Western markets. In established markets, pet animal meals are rigorously inspected at every level, from the materials used to prepare the food through its sale and marketing. The stringent standards connected with commercialization may function as a significant barrier to the market's expansion. Moreover, lower acceptance for premium or high-priced pet food across some developing markets can also hinder growth.

Impact of COVID-19 on the Dry Pet Food Market

Disruptions in the worldwide market's supply chain were seen during the pandemic's early stages. These interruptions are brought on by a lack of labour for raw supplies and transportation limitations. However, because the lockdown was so simple, operations were restored to normal. Global pet food sales have been favourably influenced by increased pet adoption, an increase in demand for luxury pet food, and improvements in manufacturing practises by pet food companies. Pet owners have also stock up pet food through the lockdown in 2020, which caused a short-term boom in sales. Introduction of Dry Pet Food

While most pet feeds are utilised as utilitarian goods, they are often designed to give pets a comprehensive and balanced diet. A processed pet food diet is a dry diet, a biscuit diet, or a kibble diet. Compared to other pet food products, the demand for dry meals is significantly higher since pet owners view them as an accessible and simple diet option without sacrificing nutritional content. Dry pet food is in greater demand globally among young, employed urban pet owners due to how simple it is to store and feed pets. Furthermore, growing adoption of pets and increasing public awareness of their health needs are expected to drive sales in the market. Pet owners have become more conscious of the benefits and requirements of providing nutrient-rich food to their pets due to pet humanization.

.These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the dry pet foodindustry.

For instance, MARS Petcare launched premium cat food under the IAMS brand in India. This brand offers four dry variants in India, specially designed to ensure a healthy, natural defense for adult cats and kittens.

Snapshot img

The pet food market share in the US is expected to increase by USD 13.13 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.35%.

This pet food market in US research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers US pet food market segmentation by product (dry pet food, wet pet food, and pet snacks and treats), distribution channel (offline and online), and type (dog food, cat food, and other small pet food). The pet food market in US report also offers information on several market vendors, including Colgate Palmolive Co., General Mills Inc., JustFoodForDogs LLC, Manna Pro Products LLC, Mars Inc., Nestle SA, Spectrum Brands Holdings Inc., J.M. Smucker Co., Tyson Foods Inc., and Volkman Pet Products among others.

What will the Pet Food Market Size in US be During the Forecast Period?

Download the Free Report Sample to Unlock the Pet Food Market Size in US for the Forecast Period and Other Important Statistics

Pet Food Market in US: Key Drivers, Trends, and Challenges

The rising awareness of pet nutrition is notably driving the US pet food market growth, although factors such as stringent regulations may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the US pet food industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Pet Food Market Driver in US

One of the key factors driving the pet food market growth in US is the rising awareness of pet nutrition.
In cats and dogs, macadamia nuts are highly poisonous, causing depression, vomiting, muscle spasms, heat, and tachycardia. Even if homemade diets manufactured by pet owners using organic and vegetarian products are consumed, nutritional deficits in pets may still occur.
Human delicacies like raisins, grapes, and chocolates are known to be damaging to pets' health. For example, methylxanthines found in chocolates, such as caffeine and theobromine, can cause diarrhea, cardiac arrhythmias, convulsions, polyuria, and death in dogs.
The pet diets must meet the needs of different ages and weights. For example, a puppy's dietary needs in terms of metabolism, immunology, and body composition differ dramatically from those of an adult dog. As a result, pet owners are increasingly turning to specialized, functional pet food items rather than handmade recipes. Such factors will drive the market growth during the forecast period.

Key Pet Food Market Trend in US

Sustainability and biotechnology are becoming increasingly important in the formulation of pet foods, which is one of the key pet food market trends in US that is expected to stimulate the development of new products in the market during the forecast period.
Vendors are increasingly experimenting with biotechnology to offer cruelty-free, healthy, and sustainable alternatives to conventional pet foods as more people become aware of the need for sustainability and reducing the carbon footprint.
Good Protein dog snacks containing Aspergillus oryzae (koji mold) are available in the US through both offline and online distribution channels, according to Wild Earth, a pet food firm based in Berkeley, California.
Koji is a potential alternative to traditional animal-based ingredients that are used in dog food formulations, such as meats because it provides all the essential amino acids required by dogs. 

Key Pet Food Market Challenge in US

One of the key challenges to the pet food market growth in US is the stringent regulations.
Any ingredient to be used in pet foods has to be accepted by the FDA and adopted by the AAFCO, which is an organization comprised of state regulatory officials that engage in developing bills and regulations for the pet food market in the US.
The Food Safety Modernization Act (FSMA), originally passed in 2011, regulates the pet food market in the US at a federal level. Moreover, through the FSMA’s Voluntary Qualified Importer Program (VQIP), manufacturers and foreign suppliers can attain food safety certifications from FDA-recognized accreditation agencies.
The highly regulated nature of the pet food market in the US involves considerable compliance costs to manufacturers in terms of certification, equipment maintenance, and personnel training expenses. Thus, the presence of stringent regulations is expected to hamper the growth of the pet food market in the US during the forecast period.

This pet food market in US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop

The global dog food market size was valued at USD 72.58 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 105.18 Billion by 2033, exhibiting a CAGR of 3.79% from 2025-2033. North America currently dominates the dog food market share by holding over 35.1% in 2024. The market in the region is driven by high pet ownership rates, increasing humanization of pets, rising demand for premium and natural ingredients, and expanding e-commerce presence.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 72.58 Billion
Market Forecast in 2033	USD 105.18 Billion
Market Growth Rate 2025-2033	3.79%

IMARC Group provides an analysis of the key trends in each segment of the global dog food market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on product type, pricing type, ingredient type, and distribution channel.

Discover the booming South Korean pet food market! This report reveals a $1.22 billion market in 2025, projected to grow at 8.38% CAGR until 2033, driven by rising pet ownership, premiumization, and online sales. Learn about key players, trends, and future opportunities in this dynamic sector. Recent developments include: November 2022: Mars Petcare signed an agreement to acquire Champion Petfood, a global pet food brand with a significant presence in South Korea. Champion pet food was a trusted brand in the premium and natural pet food category and saw a lot of consumer footfall. This acquisition aims to integrate Champion pet food's expertise in this field country's and Mars's brand loyalty., January 2022: Dongwon F&B partnered with Bmsmile, a domestic pet product brand operator, to develop functional moist pet food packed in sealed pouches and cans. The partnership would also help the company expand its presence in South Korea.. Notable trends are: Increasing pet population and consumer expenditure on premium pet food.

The size of the Pet Food Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.30% during the forecast period. 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.June 2023: Mars Incorporated launched its premium cat brand SHEBA in Canada, offering cat parents wet formulas through its SHEBA BISTRO line.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.. 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.

The global organic pet food market size was USD 2.29 billion in 2024 & is projected to grow from USD 2.46 billion in 2025 to USD 4.29 billion by 2033.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 2.29 Billion
Market Size in 2025	USD 2.46 Billion
Market Size in 2033	USD 4.29 Billion
CAGR	7.2% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Type,By End-User,By Distribution Channel,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

Discover the booming US dog food market! This comprehensive analysis reveals key trends, growth drivers (premiumization, online sales), leading brands, and future projections (2025-2033). Learn about market segmentation and regional variations for informed business decisions. 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.March 2023: Blue Buffalo, a subsidiary of General Mills Inc., launched its new high-protein dry dog food line, BLUE Wilderness Premier Blend. It is formulated with chicken and a blend of antioxidants, vitamins, and minerals.March 2023: Colgate-Palmolive Company's pet care subsidiary Hill’s Pet Nutrition launched its new line of prescription diets to support pets diagnosed with cancer. This prescription line, Diet ONC Care, offers complete and balanced formulas in both dry and wet forms for cats and dogs.. 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.

The pet food market in US is forecasted to reach revenues of over $34 billion 2022. The market analysis, size, & growth are offered in the research report.