The US Pet Industry Market Report is Segmented by Pet Type (Dog, Cat, Bird, Fresh Water Fish, and More), by Product Type (Food, Supplies/OTC Medicine, and More), by Distribution Channel (Supermarkets/Hypermarkets, Pet Specialty Stores, Online Retail Stores, and More). The Market Forecasts are Provided in Terms of Value (USD).

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.

The US Pet Market size was worth around USD 45.56 billion in 2023 and is predicted to grow to around USD 87.35 million by 2032 with a CAGR of roughly 7.5%.

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.

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...

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.

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 US pet industry, a significant segment of the global market, exhibits robust growth potential. With a 2025 market size estimated at $100 billion (extrapolated from global data and considering the US market's substantial share), it’s projected to maintain a Compound Annual Growth Rate (CAGR) of approximately 5% through 2033. This expansion is fueled by several key drivers: the increasing humanization of pets, leading to higher spending on premium pet food and healthcare; the growing popularity of pet insurance, mitigating the financial burden of veterinary care; and the rise of e-commerce, offering convenient access to a wider range of pet products. Furthermore, shifting demographics, including a rise in single-person households and an aging population, contribute to the expanding pet ownership base, further boosting market demand. Significant growth is expected across various segments. The premium pet food segment, encompassing both dog and cat food, is expected to experience above-average growth, driven by consumer preference for higher-quality, natural ingredients. Similarly, the pet healthcare segment, including veterinary services and over-the-counter medications, is projected to expand significantly due to increasing pet lifespan and a greater focus on preventative care. Online retail channels will continue to gain market share, facilitated by enhanced convenience and competitive pricing. While economic downturns could pose a temporary restraint, the overall resilience of the pet industry, particularly concerning essential products like food, suggests continued growth trajectory. Key players, including Mars, Nestlé Purina, and Hill's Pet Nutrition, are strategically positioning themselves to capitalize on these trends through product innovation, expansion into new segments, and acquisition of smaller brands. 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: Temptations, a brand under Mars Incorporated, expanded its treats offerings with a new product called Temptation Tender Fills treats and two new flavors of its Temptations Creamy Purrrr-ee treats.February 2023: Nestle SA acquired the US pet treats factory from investor-backed local supplier Red Collar Pet Foods to expand its pet food business in North America.. Notable trends are: Dogs are the Major Pets in the United States.

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.

As of March 2023, shoppers aged between 25 and 44 accounted for the majority of pet store revenue with a 37.2 percent share, thus making them the largest target market in the United States (U.S.). Those aged between 45 and 64 made up the second largest market by a very tight margin, providing 37.1 percent of pet store revenue in the same year. Pet stores in the U.S. There are 18,323 pet store establishments in the U.S. and California is the state with the largest number of pet stores, with 2,120 establishments. Florida closely follows, with 1,606 pet stores. The leading pet store company in the U.S. is the retail chain PetSmart Inc., with a market share of almost one-quarter. PetSmart Inc. and its main competitor, PETCO Animal Supplies, have a total market share of close to 40 percent. Pet stores in the U.S. generate revenue of almost 22 billion U.S. dollars annually. Online purchase of pet food and supplies in the U.S. The sales value of pet food in the U.S. amounts to almost 52 billion U.S. dollars. The store-based retailing channel generates close to 34 billion U.S. dollars of the total sales value, as compared to the e-commerce sale, with approximately 18 billion U.S. dollars. The website chewy.com is the leading online store in the pet supplies segment in the U.S. by a large margin. Chewy's generates over 11.1 billion U.S. dollars in net sales, offering various foods and supplies. However, for the online purchase of pet products in the U.S., the websites of Amazon and Walmart are the main destinations.

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.

The North America 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), and Country (Canada, Mexico, United States, Rest of North America).

From 2024 to 2025, pet industry revenue iwas projected to ncreased by over ***** percent. The market was projected to reach over *** billion U.S. dolars in 2025.

The South America PET Market report segments the industry into End User Industry (Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging, Other End-user Industries) and Country (Argentina, Brazil, Rest of South America). Includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects.

The global pet market is estimated to be valued at USD 20.1 billion in 2025 and is projected to reach USD 44.5 billion by 2035, growing at a robust compound annual growth rate (CAGR) of 8.5%.

Attribute	Detail
Industry Size (2025)	USD 20.1 billion
Industry Size (2035)	USD 44.5 billion
CAGR (2025 to 2035)	8.5%

Per Capita Spending on Pet Market

Country	United States
Population (millions)	345.4
Estimated Per Capita Spending (USD)	190.50

Country	China
Population (millions)	1,419.3
Estimated Per Capita Spending (USD)	78.20

Country	Germany
Population (millions)	84.1
Estimated Per Capita Spending (USD)	152.30

Country	United Kingdom
Population (millions)	68.3
Estimated Per Capita Spending (USD)	135.10

Country	Japan
Population (millions)	123.2
Estimated Per Capita Spending (USD)	110.40

Country-Wise Outlook

Country	CAGR (2025 to 2035)
United States	6.5%

Country	CAGR (2025 to 2035)
United Kingdom	6.2%

Country	CAGR (2025 to 2035)
Germany	6.3%

Country	CAGR (2025 to 2035)
India	7.0%

Country	CAGR (2025 to 2035)
China	7.4%

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.

Metrics	Values
Industry Size (2025E)	USD 14.63 billion
Industry Value (2035F)	USD 24.04 billion
CAGR (2025 to 2035)	5%

Country-wise Analysis

Country	CAGR (2025 to 2035)
USA	6.3%
Canada	5.1%

Competitive Outlook

Company Name	Estimated Market Share (%)
Chewy, Inc	22-26%
The Clorox Company	14-17%
Spectrum Brands Holdings, Inc.	12-15%
Earthbath	8-10%
Coastal Pet Products	6-8%
Other Companies (Combined)	30-38%

US Online Pet Food and Supplies Market Valuation – 2024-2031US Online Pet Food And Supplies Market was valued at USD 4.08 Billion in 2024 and is projected to reach USD 5.27 Billion by 2031, growing at a CAGR of 3.27% during the forecast period 2024-2031.US Online Pet Food And Supplies Market DriversRising Pet Ownership: The increasing number of pet owners, particularly in urban areas, is driving demand for convenient and efficient ways to purchase pet products.E-commerce Growth: The surge in e-commerce has made online shopping a preferred choice for many consumers, including pet owners.Convenience and Time-Saving: Online shopping offers the convenience of 24/7 access, doorstep delivery, and hassle-free returns, saving time and effort for busy pet owners.US Online Pet Food And Supplies Market RestraintsProduct Touch and Feel: While online shopping offers convenience, some consumers prefer to physically inspect products, especially for items like toys and accessories.Shipping Costs and Delivery Times: Shipping costs and delivery times can impact the overall cost and convenience of online purchases, particularly for bulkier items.

The South America 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), and Country (Argentina, Brazil, Rest of South America).

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 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. The U.S. pet food industry has been a growth sector driven by the humanization of pets and greater awareness of their nutrition. Increasingly, owners are looking for high-quality and nutritious food for their pets as a way of supporting their pets' health and well-being. This has translated into an uptrend in premium and specialized products, such as grain-free and organic, among others. Breed-specific formulas, for instance, are now found in many niches. The demand for natural and sustainable ingredients has increased in recent years. Many pet food brands now rely on higher-quality protein sources like chicken, beef, and fish, avoiding artificial additives and preservatives. Additional trends include the rise of plant-based diets for pets and the inclusion of functional ingredients such as probiotics and antioxidants. The U.S. pet food market also benefits from the increasing pet ownership rate, with consumers spending more on their pets, leading to innovations in both product offerings and packaging. 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. .