The global pet food market size reached USD 130.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 192.8 Billion by 2033, exhibiting a growth rate (CAGR) of 4.4% during 2025-2033. The market is experiencing stable growth driven by the increasing pet ownership, a growing preference for premium and natural pet food products, and the rising awareness among pet owners about the nutritional needs of their pets.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2025-2033. Our report has categorized the market based on pet type, product type, pricing type, ingredient type, and distribution channel.

The Pet Food Market is segmented by Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets), by Pets (Cats, Dogs), by Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets) and by Region (Africa, Asia-Pacific, Europe, North America, South America). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of pet food by products, distribution channels, and pets.

The pet food market in the United States was worth approximately 24.6 billion U.S. dollars in 2016. This figure was estimated to increase by over five billion to around 30.01 billion U.S. dollars by 2022. Sales of pet food worldwide reached 75.25 billion U.S. dollars in 2016, showing that the U.S. accounted for around a third 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 9.3 percent. In comparison, the North American market is expected to grow by just 2.3 percent in the same time period.

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.

Country wise Insights

Category-wise Insights

The Dog Food Market is segmented by Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets), by Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets) and by Region (Africa, Asia-Pacific, Europe, North America, South America). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of pet food by products, distribution channels, and pets.

The Cat Food Market is segmented by Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets), by Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets) and by Region (Africa, Asia-Pacific, Europe, North America, South America). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of pet food by products, distribution channels, and pets.

The global pet food market is likely to expand from USD 113.92 billion in 2024 to USD 217.49 billion by 2037, exhibiting a CAGR of around 5.1% during the forecast timeline, between 2025 and 2037. Key industry players include J.M. Smucker Company, Wellness Pet, LLC., Affinity Petcare SA, among others.

The cat food market value is expected to total US$ 44,744 million in 2023, as per the recent Future Market Insights (FMI) study. The overall sales are expected to reach US$ 60,951.4 million by 2033, capturing a CAGR of 3% from 2023 to 2033.

Country-wise Insights

Scope of Report

[182+ Pages Report] The Global Pet Food Market Size & share is estimated to reach USD 90,500 Million by 2026, at a CAGR value of 4.5% during 2021-2026.

The United States is leading the ranking by revenue in the 'Pet Food' segment of the food market, recording 57.4 billion U.S. dollars. Following closely behind is China with 7.4 billion U.S. dollars, while Egypt is trailing the ranking with 119.98 million U.S. dollars, resulting in a difference of 57.3 billion U.S. dollars to the ranking leader, 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 global natural pet food market size reached USD 31.42 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 57.2 Billion by 2033, exhibiting a growth rate (CAGR) of 6.87% during 2025-2033. Moreover, the global organic pet food market size reached USD 2,543 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 5,658 Million by 2033, exhibiting a growth rate (CAGR) of 9.29% during 2025-2033. The increasing incidence of pet allergies, the rising awareness about pet obesity, the growing concerns regarding pet digestive health, the availability of organic certification, and the changing retail landscape with online sales are some of the factors propelling the market.

Global Natural Pet Food Market:

Global Organic Pet Food Market:

IMARC Group provides an analysis of the key trends in each segment of the global organic and natural pet food market report, along with forecasts at the global, regional and country levels from 2025-2033. Our report has categorized the market based on pet type, product type, packaging type and distribution channel.

Global DTC Pet Food Market Report 2022 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.

In 2023, year-end sales of pet food worldwide were forecast to reach 133.9 billion U.S. dollars. This would be an increase of almost 40 billion dollars since 2019.

U.S. pet industry

Americans spent over 136 billion U.S. dollars on their pets in 2022. With each consecutive year, U.S. pet industry expenditures have gone up. Ten years earlier for example, total pet owner expenses amounted to some 53 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 58 billion U.S. dollars’ worth of animal pet food was sold in 2022.

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.

According to Future Market Insights (FMI), the demand for pet food in the United States is anticipated to rise at a lucrative CAGR of 4.0% during 2023 to 2033. The market is further expected to reach US$ 60,234.0 million by 2033, growing from US$ 40,860.8 million in 2023.

Scope of the Report

The market is expected to be worth almost USD 2,397 Million by 2035, and is predicted to grow at a compound annual growth rate (CAGR) of 4.5% during the forecast period. Greater demand for omega-rich pet food One of the recent market trends causing this upward trend in pet ownership is the demand for GMO and grain-free pet food.

Country-wise Outlook

Competitive Outlook

The global wet pet food market size is estimated to be valued at US$ 22.6 billion in 2023. Furthermore, with the rising adoption of pets worldwide, the overall demand for wet pet food is poised to grow at a steady CAGR of 5.5% between 2023 to 2033, totaling a market valuation of US$ 37.7 billion by 2033.

The Report Covers Global Dry Dog Food Manufacturers and the Market is Segmented by Animal Type (Dogs, Cats, and Other Animals), Product Type (Kibble and Other Product Types), Ingredient Type (Protein, Cereal and Cereal Derivatives, and Other Ingredient Types), Distribution Channel (Specialized Pet Shops, Online Channels, Supermarkets/Hypermarkets, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The Report Offers the Market Size for all the Above Segments in Terms of Value (USD).

The Chinese pet food sector revenue amounted to 190 billion yuan in 2023, more than double the figure in 2018. The market was expected to maintain its momentum, reaching a value of 380 billion yuan by 2028. Increased focus on pet health Interestingly, the market has been growing much faster than the population of cats and dogs kept in urban households as pets. One reason for its significant growth was Chinese pet owners’ increased awareness of pet health. They used to feed their pets with leftovers or self-prepared meals, but now are more willing to buy food for their fur-children regularly. Many of them also buy treats and nutritional supplements to keep their pets happy and healthy. Market structure With the popularity of e-commerce, online shopping has become the main channel for buying pet food in China. Tmall is the e-market leader, accounting for over half of pet food’s total online sales value. International brands have a stronghold on the market. However, over the past few years, millions of domestic companies have set foot in the country’s booming pet market, with some of them soon catching up with foreign competitors.

Global Freeze Dried Pet Food Market size was valued at USD 17.56 Billion in 2023 and is predicted to reach USD 27.01 Billion by the end of 2032, with a CAGR of 4.9%.

According to Cognitive Market Research, The global Pet market size will be USD 18.5 billion in 2023 and will rise at a compound annual growth rate (CAGR) of 8.50% from 2024 to 2031.

The demand for pets is rising due to the growing pet ownership.
Demand for pet food remains higher in the Pet market.
The pet food product category held the highest Pet market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific Pet market will experience the strongest growth until 2030.

High Spending on Pets to Provide Viable Market Output

Advancements in veterinary care, including specialized treatments, surgeries, and preventive care, have expanded the range of available services, prompting pet owners to spend more on their pets' health. As pet owners growingly view their pets as beloved family members, they are willing to invest more in their pets' well-being, leading to the purchase of premium pet products and services.

Over 40% of pet owners in the United States are willing to pay for preventive pet care services, such as vaccinations and wellness checkups.

The pet food industry has seen drastic growth in the premium and organic segments as owners prioritize high-quality and nutritious diets for their pets, driving overall market expansion. The increasing popularity of pet insurance options further encourages responsible pet ownership by covering unexpected medical expenses, ultimately leading to higher overall pet care spending. The growth of the pet care market is also fuelled by the rise of pet-related services such as grooming, training, boarding, and pet-sitting, as pet owners seek to ensure their pets' happiness and well-being.

Initiatives for Advanced Pet Care Products to Propel Market Growth

Initiatives for advanced pet care products drive the pet market by spurring innovation and offering pet owners cutting-edge solutions for their pets' well-being. As research and development in the pet industry continue to expand, new, technologically advanced products are introduced, such as wearable health monitors, smart feeding systems, and personalized nutrition plans, enticing pet owners to invest more in their pets.

Zoetis and the American Animal Hospital Association (AAHA) have partnered to develop a program to help veterinarians provide preventive care to pets.

These initiatives also focus on enhancing the safety and comfort of pets, leading to the development of pet-friendly, eco-conscious products, such as hypoallergenic pet bedding, environmentally sustainable toys, and non-toxic grooming products. Furthermore, the pet care industry benefits from partnerships between pet product manufacturers and healthcare providers, leading to a growing range of prescription pet medications, therapeutic diets, and rehabilitation tools, especially for aging or ailing pets.

Rising focus on pet health is driving market growth

Market Dynamics of Pet

Rising Cost of Pet Ownership to Hinder Market Growth

The expenses associated with pet care, including veterinary bills, high-quality pet food, grooming, and accessories, have increased significantly, making it financially challenging for some individuals or families to take on the responsibility of pet ownership. As a result, potential pet owners may be deterred by the long-term financial commitments required to provide proper care for their pets. Additionally, economic uncertainties, as experienced during recessions or global crises, can further limit people's willingness to invest in pet ownership due to concerns about job security and disposable income.

Impact of COVID–19 on the Pet Market

The COVID-19 pandemic had a significant impact on the pet market. Initially, there was a surge in pet adoption and pet-related purchases as people sought companionship and comfort during lockdowns. However, disruptions in supply chains and economic uncertainties led to changes in pet care spending, with some owners scaling back on non-essential pet-related expenses. Additionally, the pet care industry, particularly veterinary services and pet food sales, had to adapt to new safety protocols and telehealth options, which could reshape the industry's future dynamics. Introduction of Pet

The pet market, encompassing pet care and pet products, is a rapidly expanding industry driven by the strong bond between humans and their pets. It includes...