The US Pet Industry Market report segments the industry into By Pet Type (Dog, Cat, Bird, Fresh Water Fish, Other Pet Types), By Product Type (Food, Supplies/OTC Medicine, Other Product Types), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Retail Stores, Other Distribution Channels). The report features historical trends and future market forecasts for five years.

Total pet market sales have steadily increased in the U.S. over past years. Pet food and treats was the highest selling pet market product category in the United States in 2024. Approximately **** billion U.S. dollars of pet food and treats were sold in that year. The vet care and products segment brought in the third highest revenue, with sales amounting to around ** billion U.S. dollars in 2024. American consumer pet expenditure When surveyed, the majority of pet owners in the United States stated that they spend up to *** U.S. dollars on their pets per year. When it comes to affluent households, average annual expenditure on pets increases to ***** U.S. dollars. These costs generally include regular supplies such as food, toys and medical costs. American consumers are also spending in more unique ways; the total spend on gifts for pets for Valentine's Day in the U.S. reached around *** billion U.S. dollars in 2023.

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...

Pet industry expenditure in the United States reached over 147 billion U.S. dollars in 2023. It should be noted that the source used a new research methodology from 2018, therefore, direct comparisons to previous years should be avoided. The increase in the household penetration rate for pet-ownership in the U.S. could partly explain the rise in pet industry expenditure over the years. In 2023, some 66 percent of American households owned one or more pets, in comparison to a 56 percent pet-ownership rate in 1988.

Which product categories are most lucrative?

In 2022, pet food was the highest selling pet market product category with sales of around 58 billion U.S. dollars. Vet care and supplies/OTC medicine ranked in second and third places, with sales of around 35.9 and 31.5 billion dollars respectively. Within the pet food segment, dry dog food is by far the highest selling product type, followed by dog treats and wet cat food.

Pet stores prospered in recent years as households have become more financially stable and pet ownership has risen. Pet parents have increasingly lavished their pets with premium food products, designer pet accessories and luxury grooming services. The industry has expanded despite mounting competition from supermarkets, mass merchandisers and online retailers. These competitors offer similar products at greater convenience and competitive prices. Traditional brick-and-mortar stores have successfully positioned themselves as pioneers and exclusive providers of high-quality food and additional service offerings, like grooming or day care. Pet store revenue is expected to climb at a CAGR of 0.3% to $31.6 billion through the end of 2025, including growth of 1.4% in 2025 alone. The revenue growth rate was suppressed because revenue jumped 18.6% to begin the period, as pet ownership skyrocketed in response to the pandemic. Since pets are widely viewed as family members, pet owners have shifted their preferences to higher-quality organic, gluten-free and grain-free pet foods to keep their pets happy and healthy. These premium products and services are high-margin, enabling profit gains for pet stores. Sales of designer dog breeds have also jumped in recent years, contributing to recent growth. While stores have capitalized on growing pet ownership trends, pet store sales growth was constrained by online retailers' surging popularity. Moving forward, pet stores will continue to exhibit revenue growth, albeit slower than before. While positive consumer trends will benefit pet stores, competition from online retailers, mass merchandisers and discount department stores will be more vigorous, limiting the expansion. An aging population will contribute to higher sales of pets and pet-related products as older consumers adopt pets to fulfill their needs for companionship. Younger consumers will continue to buy pets as companions and to round out their budding families. Stores will push premium products and pets to cater to growing appetites for luxury among many consumers. Pet store revenue is expected to swell at a CAGR of 2.4% to $35.6 billion through the end of 2030.

The Report Covers Pet Care and Grooming Service Statistics in the United States. It is Segmented by Pet Type (cat, Dog, Horse, and Other Animals), Product Type (pet Food, Grooming Products, and Pet Care), and Service Type (grooming, Pet Transportation, Pet Boarding, Pet Sitting, Pet Walking, and Other Services). The Report Offers the Value (in USD) for the Above Segments.

US Pet Market size was valued at USD 143.6 Billion in 2024 and is projected to reach USD 206.8 Billion by 2031, growing at a CAGR of 4.7% from 2025 to 2032.

Key Market Drivers:

Increasing Pet Ownership: According to the American Pet Products Association (APPA), 70% of US families will possess a pet in 2023, up from 67% in 2020, with millennials and Generation Z driving the increase. The boom in pet ownership, fuelled by lifestyle changes and remote working tendencies, has greatly increasing the pet market.

Humanization of Pets: Pets are increasingly being considered as family members, resulting in higher spending on premium pet supplies, healthcare and wellness services. According to APPA data, Americans spent $136.8 billion on their pets in 2022, up 14% from the previous year, reflecting this emotional and financial investment.

The USA and Canada pet care products market is set to witness a valuation of USD 14.63 billion in 2025. The industry is poised to grow at 5% CAGR during the study period, reaching USD 24.04 billion by 2035.

Country-wise Analysis

Competitive Outlook

The USA Pet Market size is valued at USD 76.5 billion in 2023, driven by market opportunities, industry trends, and strategic insights. Explore market dynamics, revenue projections, and top players.

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.

This statistic displays the year-on-year growth of the pet industry in the United States from 2009 to 2018, with an estimated figure for 2019. In 2018, the size of the American pet market grew by 4.4 percent compared to the previous year.

United States Pet Food Market was valued at USD 78.71 billion in 2024 and is anticipated to grow USD 120.34 billion by 2030 with a CAGR of 7.39%.

The US Pet Treats Market report segments the industry into Sub Product (Crunchy Treats, Dental Treats, Freeze-dried and Jerky Treats, Soft & Chewy Treats, Other Treats), Pets (Cats, Dogs, Other Pets), and Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets, Other Channels). Includes five years of historical data and market forecasts for the next five years.

The United States 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). Get five years of historical data alongside five-year market forecasts.

The US pet industry, a robust market valued at $80.69 billion in 2025, is projected to experience consistent growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.06% from 2025 to 2033. This expansion is fueled by several key drivers. The increasing humanization of pets, leading to higher spending on premium pet food, healthcare, and accessories, is a significant factor. The growing trend of pet ownership, particularly among millennials and Gen Z, further contributes to market growth. Furthermore, the rising awareness of pet health and wellness is driving demand for specialized pet foods and veterinary services. The market is segmented by pet type (dogs, cats, birds, fish, others), product type (food, supplies/OTC medicine, other products), and distribution channels (supermarkets, specialty stores, online retail). The dominance of dogs and cats in pet ownership directly impacts the demand for their respective products. Online retail channels are experiencing significant growth, driven by convenience and expanding product availability. Major players like Nestle Purina, Mars Inc., and Colgate-Palmolive (Hill's Pet Nutrition) compete in this dynamic landscape, constantly innovating to cater to evolving consumer preferences. Regional variations exist within the US market. While precise regional breakdowns are not provided, we can assume that states with higher population densities and greater disposable incomes (such as California, New York, and Florida) will likely hold larger market shares. The Midwest and Southeast regions, while potentially having slightly lower per capita spending, may still exhibit significant growth due to their large populations. The competitive landscape is fiercely contested, with established players facing challenges from emerging brands focused on natural, organic, and specialized pet products. This competitive pressure pushes the industry towards constant product innovation and improved customer service, ultimately benefiting pet owners. The forecast for the US pet industry suggests continued expansion, driven by the ongoing trends discussed above, making it an attractive market for both established players and new entrants. Key drivers for this market are: Increased Pet Humanization, Growing Trend of E-commerce. Potential restraints include: Rising Cost of Raw Material Production, Growing Concern Over Environment and Pet Health. Notable trends are: Increase in the Number of Pet Owners and Increased Expenditures on Pets.

Premium pet food production is enjoying revenue growth driven by the quantity of pets, namely cats and dogs, in the United States, which boomed through the COVID-19 pandemic as consumers were shut in at home. Consumer preference has continued to move to premium pet food because of the growing availability of information on pet nutrition information and the humanization of pets, expanding demand. International trade boomed as large companies with globalized operations sought to most efficiently capture this growing demand, but smaller domestic producers were challenged by rising competition as import growth outpaced export growth. Revenue has been growing at a CAGR of 4.4% over the past five years and is expected to reach $2.8 billion in 2024 when sales will expand an estimated 1.1%. Widespread inflation in 2022 gave premium pet food producers cover to lift their prices, and the concentration producers meant that price-based competition was less of a threat. Combined with the use of automation tech like remote assistance and artificial intelligence, the largest producers expanded profit. Four of the five companies that dominate pet food production report profit upwards of 25.0%. While average profit remains high for a manufacturing industry, the growing competition has dampened average profit. Premium pet food's growth will slightly decelerate moving forward as falling input costs lower the price of premium pet food. Still, more pets and greater disposable income will keep premium pet food producers on an upward trajectory. Demand will continue expanding, especially from e-commerce segments, and brands will focus more on sustainability initiatives. Industry revenue is forecast to grow at a CAGR of 2.0% over the next five years, reaching $3.1 billion in 2029.

The sales of PET preform in USA are estimated to be worth USD 3,937.5 million in 2025 and anticipated to reach a value of USD 5,500.8 million by 2035. Sales are projected to rise at a CAGR of 3.4% over the forecast period between 2025 and 2035. The revenue generated by PET preform in 2024 was USD 3,883.1 million. The industry is anticipated to exhibit a Y-o-Y growth of 3.2% in 2025.

Category-wise Insights

The United States Pet Food Packaging Market is Segmented By Material Type (Paper and Paperboard, Metal, Plastic), By Product Type (Pouches, Folding Cartons, Metal Cans, Bags), By Pet Food Type (Dry Food, Wet Food, Chilled and Frozen), and By Animal (Dog, Cat).

The USA plant-based pet food market is projected to reach a value of USD 8,345.0 Million in 2025, growing at a CAGR of 7.8% over the next decade to an estimated value of USD 17,719.8 Million by 2035.

Expert industry market research on the Online Pet Food & Pet Supply Sales in the US (2004-2030). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.