Pet industry statistics 2023 worldwide The APPA 2024 State of the Industry Report is created to serve pet industry professionals including manufacturers, suppliers, distributors, retailers, direct-to-consumer brands, economists, and venture capitalists. 7% of the global pet market. 55 billion in 2025 and grow at a CAGR of 8. May 13, 2025 · Pet Industry Statistics. Sep 26, 2024 · Automotive industry worldwide - statistics & facts; Premium Statistic Global pet food sales channel share 2021 U. 2023 The United States Pet Market is expected to reach USD 84. The latest figures from UK Pet Food concluded that 13% of UK pet owners admitted to relinquishing a pet last year. 06% to reach USD 108. 2023 GlobalPETS - Your portal to the global pet industry Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. View Report. Number of German pet supply retailers worldwide 2016-2023; Gross revenue of Fressnapf in Germany and Europe 2004-2023; Oct 21, 2023 · Statistics about Top Pet Food Companies in the U. 70% from 2023 to 2032. Fresh data from market researcher Euromonitor International projects that the pet food segment will increase at a higher pace than the overall industry, with the market representing €140. 7 billion kilograms (+16. 01% during the forecast period. The Indian veterinary healthcare market is valued at $169 million and is expected to reach $186 million by 2027. 92 billion in 2025 to USD 193. Pet Supplies analysis includes a market forecast outlook for 2025 to 2030 and historical overview. With a tremendous increase Jul 4, 2024 · Automotive industry worldwide - statistics & facts; Tesla - statistics & facts; Top Report. Premium and local ingredients The pet food market in the Middle East is forecast to reach $4. 8 billion in 2024 and is expected to grow USD 192. 7% growth between 2015 and 2020. Premium Statistic Leading global pet food companies based on revenue growth 2022-2023 Premium Statistic Leading North-American specialty chains in the pet industry by number of stores 2023 Expert industry market research on the Pets and Pet Supplies Retailers in Australia (2015-2030). Jan 8, 2025 · Overall Market of Pet Industry Trends 1. May 29, 2024 · Whether it be free-from, organic, or low-calorie, consumers are likely to be able to find a wide range of options while browsing in-store or online. 2023 Aug 13, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. , was the second leading pet food company worldwide in 2023 based on revenue. Smucker Company are the major companies operating in the market. Jul 9, 2024 · Automotive industry worldwide - statistics & facts; Tesla - statistics & facts; Top Report. Feb 10, 2025 · North America and Europe produced the highest amount of pet food in 2023, contributing 11. 4% CAGR. ; In Kenya, pet owners may spend 2,200–3,000 Kenyan shillings (Sh), or roughly Global humanization trends and increasing pet populations continue to drive consistent growth across the pet care industry. 5 billion (compared to €4 billion in 2022) with cat food making up the largest share, at €2. Since 2014, Mars Petcare Inc. ), Mars Incorporated, Nestle (Purina) and The J. 5% of revenue is from food and treats alone. Worldwide: Revenue in the Pet Food market amounts to US$158. 6 billion by 2028, exhibiting a growth rate (CAGR) of 5. 2023 May 29, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. 8 billion in 2022, representing an increase of 10. The statistics portal. The global pet food market has exhibited a remarkable growth trajectory over the past few years at a CAGR of 5. While some markets may lag, statistics indicate that economic downturns do little damage to the industry as a whole. The market grew 4. Dec 30, 2024 · In our view, we believe China's pet market has substantial growth potential supported by rising pet ownership, sub-sector diversification and consumption upgrade. “Taken with our survey results, we can infer that vets directly influenced up to $12 billion of that spend and up to $26 billion indirectly on pet care above and beyond what pet Sep 11, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. The market is expected to grow from 12. Employment in the pet food industry in Europe Mar 21, 2025 · Explore a range of pet ownership statistics with our handy guide to 2024 and beyond. Pet products and services are among the fastest-growing industries in the United States. The shift towards online shopping has accelerated, with retailers like Amazon Canada and Chewy entering The global pet care market size was valued at USD 246. Feb 16, 2024 · PET industry, global, active PET capacity of top 10 countries (mtpa), 2023. Food represents 51% of total spending Oct 11, 2023 · Future Market Insights is the company offering the second highest forecast. Dec 31, 2024 · The pet grooming and boarding industry is growing in Canada. , more than triple of its global peers. 2 billion (€80. 2 million this 2023. families owns an exotic animal as a pet; Pet Ownership Statistics. 52% during the forecast period. Pet Supplies Industry Report . Continuing increases: France, UK Jan 31, 2025 · In 2023, PetSmart was the first pet retailer to work with Uber Eats to get its products delivered quickly, directly to its customers’ doorsteps. Here we explore a variety of pet statistics, including the world’s most owned pets, the current dog population, pet industry spending statistics, pet shelter statistics, house sitting numbers, pet sitting statistics and more. 1 million to China in 2023, compared to $86. What age groups are driving pet population growth? Trends in pet ownership are closely linked to global demographic changes. 66 billion in 2024. 6 billion national industry; 40. 9% CAGR to Rmb756. households own a pet , which equates to 86. Every year, 600,000 pets are adopted in India. 05 percent). The average pet-owning household spends $1,120 per year on their pets. Global Pet Industry • 14 May 2025 Petz revenue up 8%, with services and private label building momentum The Brazilian retailer’s own brand products posted a 31% increase in the first quarter of 2025. 3%. Pet market has been segmented with the help of its Product Type, Pet Type Distribution Channel, and others. 2% in 2022 to 7. We also take a sneak peek at how Apr 7, 2025 · The global volume in the 'Pet Food' segment of the food market was forecast to continuously increase between 2025 and 2030 by in total 8. 2023 Mar 4, 2025 · The 15 South Africa Pet Industry Statistics. 2023 Mar 25, 2025 · The global pet care market size was valued at USD 323. 2 Aug 9, 2024 · Market revenue of the pet food industry in China from 2018 to 2023, with estimates until 2028 (in billion yuan) Premium Statistic Market size of pet nutritional products China 2020-2023, by pet type Mar 22, 2023 · Pet Industry Statistics. PET is commonly used to produce plastic beverage bottles, among Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. Americans will recognize many of the big names in the pet food industry but might be surprised to learn that these giants make many of the food products in our pantry, notably Nestle and Mars. By 2030, global pet care e-commerce is expected to grow to $49. 71 billion by 2029, growing at a cagr of 7. 2023 Apr 21, 2021 · The largest shifts, in value terms, have been in pet nutrition. 3 million by 2030. State of the Industry. During the forecast period 2023 to 2033, global pet food sales are likely to soar at 6. 4B) in 2023. Jul 19, 2023 · In the UK, the proportion of British households that own an animal fell by 1. While the U. com has released its "Pet Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report which noted today's market reached $118. 50 billion by 2030. Pet market sales in the United Jan 23, 2025 · The global pet industry is worth around $320 billion per annum, with the U. Looking forward the market is will grow to US$161. Here is some Pet Care Market Growth Data: Americans spent $147 billion on their pets in 2023. 2023 2023-2024 APPA National Pet Owners Survey Statistics: Pet Ownership & Annual Expenses According to the 2023-2024 APPA National Pet Owners Survey , 66% of U. In 2023, the pet care e-commerce market was 23. 2. 5% increase from 2022. However, the industry was hit hard by the pandemic. FEDIAF’s data reveals that 34% of British households had a dog last year, and 28% had a cat. Mar 12, 2025 · The pet industry is changing with consumer demand for tailored pet food, holistic wellness options, and tech-enabled pet products. 2023 Mar 24, 2023 · Global Pet Industry To Grow To $500 Billion By 2030, Bloomberg Intelligence Report Finds New York, March 24, 2023 — The pet industry is poised to swell from $320 billion today to almost $500 Apr 18, 2024 · A worldwide perspective. If you have any data queries, do contact the team [email protected]. Mar 21, 2025 · As China’s pet market continues to expand, driven by a growing pet population and shifting consumer preferences toward premium, sustainable products, the country is positioning itself as a major player in the global pet industry. In this section, we reveal an in-depth analysis of the key factors influencing Pet Industry growth. According to China’s Pet Food White Paper 2023, China’s pet food consumer market has developed into two polarities, high-end and low-price pet food markets. 6% is expected of the worldwide pet products industry from 2023 to 2030. 42bn in 2025. The company generated over 21. S. The cost of grooming depends on the breed and size of your pet and can cost between $50 and $250. As of 2022, 70% of U. is the nation’s largest pet store; its 2025 revenue will total over $8. Market Jan 13, 2025 · Global Pet Food Market Overview Global Pet Food Market Size Statistics. pet industry is forecasted to see a CAGR of 5. This includes pet food and treats, veterinary care and products, supplies, live animals, over the counter (OTC) medications, and other services. The global pet market today is worth roughly $320 billion. 2 billion in gross premiums. Pet Industry Market Size. Pet care in Thailand continues to experience solid growth, albeit against a backdrop of inflationary pressures that is contributing to an ongoing increase in retail prices. (Bloomberg Intelligence) It may be no surprise how much the global pet market is worth. (Global Pet Industry) Canada exported just $35. The high-end consumption is relatively stable, while the brand competition among the low-price pet food market has become increasingly fierce, causing product prices to drop significantly. Discover the latest pet industry insights from APPA with the 2025 State of the Industry Report, including ownership trends, pet-related purchasing behavior, and consumer sentiment information. 6%. 21% from 2023 to 2030. Dec 4, 2024 · How big is the pet industry in Canada? In 2023, the pet stores industry in Canada generated $3. 42 billion by 2030. A significant 66% of U. The global pet food market is growing annually Jun 13, 2023 · The global pet industry is expected to reach $325. The global pet tech market size was estimated at USD 10. To 1. 91 billion, and by the end of 2019, it had increased to USD 98. 8% between 2024 and 2032. 75 billion by 2032, exhibiting a CAGR of 6. Brands can fuel growth through sustainability, responsible sourcing, and subscription pet service as consumer’s view their pets as family members and shoppers seek out premium, health-oriented products. Jul 12, 2024 · And respondents said they relied on vet recommendations when buying pet food and treats, which make up about 44% of all pet spending, totaling $147 billion in 2023. Automotive industry worldwide - statistics & facts; Tesla - statistics INSIGHTS REPORT 2024. , was the leading pet food company worldwide in 2023 based on revenue global pet care market - focused insights 2024-2029. 8 billion in revenue. Compare industry financial ratios and benchmarks to help quantify the risk of doing business. The market is projected to grow from USD 132. 4% in April 2023 to just 3. 6B) by the next decade. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. Dec 10, 2024 · Premium Statistic Leading global pet food companies based on revenue growth 2022-2023 Premium Statistic Leading North-American specialty chains in the pet industry by number of stores 2023 Jan 7, 2025 · The pet industry in Australia was worth a staggering AUS$13 billion in 2023, with AUS$3 billion of that revenue generated by pet food alone. 8 billion (€127. May 29, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. The growth is primarily driven by the pet food segment, which alone accounts for €4. Forecast Period: 2024-2032. The global pet market is worth $246 billion. Feb 10, 2023 · At a time when consumer behavior is rapidly changing, and there’s more and more competition, pet industry players will be actively looking for ways to get to know consumers better in 2023. 2 billion) by 2023. 6 percent of global polyethylene terephthalate (PET) packaging consumption in 2019. Jan 2, 2025 · Pet ownership in the U. Euromonitor International is the leading provider of strategic market research reports. 4%, even though incomes have been rising steadily for more than 20 years. Smucker Company, Mars Inc and WellPet are the major companies operating in this market. 196,000 Americans work in over 17,420 pet stores nationwide. PET industry, global, planned and announced capacity additions by countries, (mtpa), 2028 Aug 18, 2023 · Dogs are the most popular pets in India, with an estimated 31 million pet dogs projected by the end of 2023. 3 billion (compared to €2 billion in 2022). Despite the surge in pet ownership, access to veterinary care remains challenging, with only 1 veterinarian for every 10,000 pet owners. 79% (CAGR 2025-2030). Global PET Industry, Capacity Share vis-à-vis Growth by Key Countries, 2018–2023. Mar 28, 2024 · In particular, Thailand and Indonesia are expected to be among the world’s top 10 countries with the highest absolute growth in pet care from 2023-2028. households—about two-thirds or 66% of the population—owned a pet in 2023–2024. China's pet food market size 2018-2028; Market size of pet nutritional products China 2020-2023, by pet type Mitigate risk with Industry research. Feb 6, 2025 · In 2023, U. The average annual growth rate since 2002 has been just 5. 2023 The population of pets in other markets includes: Sources:4 ,5 6 7 8 9 10 11 12 13 14 15 16 17 18 How many people own a pet? Billions of households around the world Nov 18, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 92 billion in 2023 and is projected to reach usd 340. 6% by June 2024, offering pet owners a reprieve. 2023 Apr 1, 2025 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 6% last year, according to the Bureau of Labor Statistics (BLS). According to IBIS World, the pet industry’s market size, measured by revenue, was $3. 48 billion (€4. billion / €57. 2023 Mar 26, 2025 · The expenditures were released alongside the association’s 2025 State of the Industry Report during Global Pet Expo, the pet industry’s premier event. 02B) in retail sales by 2025, with an annual increase of 7. 9 million households. Section 2: 65% of Feb 12, 2025 · Other news about the pet industry in the Philippines Gap in the market The pet care landscape in the Philippines is evolving, with increasing opportunities in insurance, sustainability, and nutrition. The data is released every Spring - usually towards the end of March. Share of pet industry China 2023, by segment; Pet product sales revenue on Taobao China 2023, by Mar 24, 2023 · According to the American Pet Products Association’s (APPA) 2022 State of the Industry data, total pet industry sales topped $136. representing the single largest market in the world with a $140 billion expenditure. In the U. 8% from 2021. The pet industry is a real tail-wagger, and it's not just a local phenomenon—it's a global love affair with our furry friends. Mar 20, 2025 · The 20 Canada Pet Industry Statistics. 5 million homes) own a pet. Below, we report on the pet ownership statistics by species-type and by generational segment. M. Get a sample of this industry analysis as a free report PDF download. pet market sales by category 2018-2023. 62 billion by 2027. 2023 This report is produced by HealthforAnimals, the global animal health association, and was informed by interviews with experts in the pet world. 2 billion(€80. 8 billion on their pets in 2022, marking a substantial increase from the previous year. This number has declined 2. 8 Source: “Pet Industry Market Size, Trends & Ownership Statistics,” americanpetproducts. 2 billion ($207. 37 billion in 2024 to USD 427. 3% from 2020 to 2025. As per the latest American Pet Products Association 2025 stats, 94 million U. 8 billion by 2033, at a CAGR of 4. Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 2% in 2022). 4 billion) in 2020. Historical Data: 2017 to 2023. 0% over the past five years Pet care in 2024: The big picture. ; The South African pet Feb 10, 2025 · The pet toy market is a significant segment of the pet accessories industry, and thus, the global pet toy market was around USD 9 billion in 2023. The pet industry grows by 11. 7 billion in 2024 to 41. pet stores will net a total of $31. How many dogs are in the world 2023? As of 2023, it’s estimated that there are over 600 million dogs worldwide, though exact numbers Nov 29, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. Cutting down on non-essentials Feb 10, 2025 · North America led the global pet food market in 2023, holding 39. The United States plays a significant role in the global pet product market, acting as both a major importer and exporter. Aug 19, 2024 · The global pet market industry was valued at $246. It’s estimated the US pet industry reached $99 billion in 2020. This market was valued at $94. [1] That’s up from 56% in 1988, pet ownership Among other pet market studies, the American Pet Products Association (APPA) also shows that pet industry sales will reach $143. 69 billion in 2023. 70% of pet owners have a Bachelor Jul 25, 2024 · Nestlé Purina PetCare, headquartered in the U. 1 percent during the forecast period of 2023 to 2030. We estimate the industry could expand at a 12. Pet owners have gravitated towards healthy pet foods over the past decade, and this trend accelerated substantially in 2020 as the availability of pet healthcare became a challenge in certain regions. In view of these dynamic trends and evolving consumer preferences, businesses should not miss the chance to capitalize on the emerging opportunities in this region. the COVID-19 pandemic, the global pet industry is expected to adapt and grow at a CAGR of 6% in the coming decade. 92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9. The pet products industry worldwide is expected to reach a projected revenue of US$ 120,781. Petsmart, Inc. 72 billion in 2024 and is expected to hit around USD 643. Leading global pet food companies based on revenue growth 2022-2023; Pet food production worldwide 2024, by region The data company estimates that Filipino pet parents spent $124 million on pet food in 2022, an increase of 16. For the period 2023-2024 retail value sales are expected to grow 10%, while retail volume is expected to grow at 5%. From 2022 to 2023, pet industry revenue increased by 16 percent Sep 1, 2023 · Everything from pet food to services such as grooming, pet daycare, pet gyms, boarding, training and pet- friendly accommodation is seeing a rise in demand. In 2023, there was an 16% increase in pet food sales Jun 12, 2023 · As of 2023, the pet industry continues to thrive, capturing the hearts and wallets of millions of people worldwide, and there is no sign of it slowing down. A compound annual growth rate of 4. has jumped significantly over the past three decades. The increasing population of companion animals, pet humanization, strategies implemented by key companies, and increasing expenditure on pets are some of the key drivers of this market. 9 billion in 2022. The value of the pet tech market in 2022 was $5 billion. 7% more than last year. ADM, Colgate-Palmolive Company (Hill's Pet Nutrition Inc. Apr 26, 2024 · Pet market size in Australia. 2023 6 days ago · Report Highlights. dollars) Statista, https://www May 8, 2025 · Premium Statistic Leading global pet food companies based on revenue growth 2022-2023 Premium Statistic Leading North-American specialty chains in the pet industry by number of stores 2023 The global pet services market size was valued at USD 24. Food is set to remain the biggest pet expense. Is Recognized as the Leading Pet Food Company in the World (Pet Food . Mar 21, 2025 · Top 10 Kenya Pet Industry Statistics. We thank the following people for their participation: Alex Douzet, Dana Brooks, Edival Santos, Lawson Cairns, Leonardo Brandao, Marie-Jose Enders, Siraya Chunkekamrai, Shane Ryan and Wolfgang Dohne. The valuation will be USD 15 billion by 2032, and the market will grow at a CAGR of 6. org, March 2023 9 Source: “Growth in Fresh Pet Food Market in US 2021-2025” PRNewswire, February 23, 2021 10 Source: “Pet Tech Market” Global Market Insights, February 2023 5 2023 KPMG LLP, a Delaware limited liability partnership and a member The Global Pet Food Market is expected to reach USD 208. The U. pet market still sees double-digit growth, the pace slowed slightly in 2022, showing a Expert industry market research on the Pet Stores in the US (2015-2030). More than half (51%) of millennials buy gifts for their pets. 1 billion ($384,075,494) in 2023. Now,the"2023~2024 China Pet Industry White Paper (Consumption Report)" compiled and translated by Petdata is officially released to meet the needs of global pet industry professionals. At the end of 2022, the US pet insurance market surpassed $3. the global pet care market was valued at usd 226. 93 billion in 2021, the industry would see a CAGR of 5. 8% for the next Jan 6, 2025 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. households (90. ; In 2024, the global pet bedding market was valued at approximately US$5 billion, with projections indicating it could reach US$ $7 billion by 2027, growing at a CAGR of 6%. Purchase the World Market for Pet Care Global Briefings as part of our Pet Care research for June 2024. 2 million to 16. pet industry expenditures reached $147 billion (American Pet Products Association) Pet Industry Careers Statistics. May 24, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 9%, driven by growing awareness of pet health and wellness. 1 In 2024, pet brands need to globalize and diversify their offerings to remain competitive. Americans are responsible for 44. Base Year: 2023. 6 billion in 2025, up 9. The rising trend of pet humanization and increased consumer spending on pet care products and veterinary services are the major growth drivers. Pet Feb 21, 2024 · Pet Market Growth: The global pet market was valued at USD 261 billion in 2021 and is projected to reach USD 350 billion by 2027, signifying significant growth and opportunities in the pet industry. Forecast predicts the global pet care market will reach $358. The 2025 State of the Industry Report provides comprehensive analysis and visuals of industry expenditures, ownership trends, consumer habits, sentiment and behaviors with comparative data Jan 16, 2025 · To get started, here are some statistics to sum up the current state of the pet industry. The APAC and LATAM regions are in the lead with higher-than-average CAGR compared to the rest of the world. U. 34 million metric tons and 10. Statistics for the 2025 Pet Supplies market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 6B) by the end of 2024, 4. (Global Pet Industry) Finance Bill 2024, put forth by Pakistan’s Federal Board of Revenue in July 2024, will impose a Mar 7, 2025 · Leading global pet food companies based on revenue growth 2022-2023 Leading North-American specialty chains in the pet industry by number of stores 2023 Leading pet food companies in the U. Nov 22, 2024 · The pet industry in Latin America, Asia and Africa could reach $98 billion (€91B) in 2025, representing a 7% annual increase, and grow at a compounded average rate of high-single digits to $137. 57 billion. 72% from 2024. Feb 5, 2025 · Pet Care Inflation declined from a peak of 15. 如需了解中文版报告信息，请戳：《2023-2024年中国宠物行业白皮书（消费报告）》。 Dec 9, 2020 · The Key Pet Industry Statistics in Review. China’s focus on pet humanization, sustainability and innovation is expected to shape future trends. Of the 56% of respondents who own a cat or dog, 47% are first-time pet owners. " Google “pet healthcare trends” and you’ll find no shortage of articles and “data” highlighting our industry’s exponential growth. May 14, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. According to the report of FMI, the global pet food market industry size is expected to reach USD 117. 全球宠物市场价值2610亿美元(Global Industry Analysts)宠物产业不仅在美国发展，而且在国际范围内也在发展，人们对宠物作为伴侣的需求增加，从而提高了收养率。宠物收养数量的增加促进了不同宠物行业分支的财务… Apr 28, 2025 · The global pet food market size was valued at USD 126. In 2018, the market’s revenue stood at USD 88. 5 billion U. 66 billion in 2023. 4 billion in 2023 and is anticipated to grow at CAGR of 6. The global pet care market size was valued at USD 150. This is attributed to more people owning pets worldwide as well as more premium options being available for pet food and other goods. 67%. 2022 Malaysian pet food market is projected to register a CAGR of 6. ; The pet population increased just over 1% between 2022 and 2023. S Aug 25, 2023 · FAQs About Pet Ownership Statistics and Facts in 2023 Has pet ownership increased? Yes, pet ownership has seen a significant rise in recent years, reflecting a global trend of embracing pets as family members. households (71%) own a pet, while 86. The market is expected to grow annually by 5. 65 billion by 2032, exhibiting a CAGR of 5. Jun 28, 2024 · Automotive industry worldwide - statistics & facts growing at CAGR of 4. As of May 2023, the median annual wage was $31,200 for animal caretakers and $38,810 for animal trainers (U. Pet owners have gravitated towards healthy pet foods Hotel industry worldwide - statistics & facts; Top Report. 74 billion in 2028. Jan 7, 2025 · The 20 Pet Industry Statistics. 1% from 2022 to 2030. Pets, pet products, and pet care are all part of a $103. Global Pet Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. 5 billion in 2023. 2-in-3 American households include Aug 19, 2024 · Pet Industry Worth. Premium Statistic Leading pet food companies worldwide 2023, based on revenue Key market figures Sep 6, 2024 · Figures from the Japan Pet Food Association (JPFA) indicate a decline in the number of annually adopted animals between 2022 and 2023: 7% fewer dogs and 17% fewer cats. The African pet food market is expected to grow at an annual rate of 12. Cats are more popular pets among men than women, with 52% of men owning cats compared to 48% of women. 1. 6 billion by 2023, an increase of only 5% compared to the previous year. 3 billion in 2032, at a CAGR of 15. Based on data from 2018 to 2023, the pet care industry is in a good spot—in fact, it’s on an upward trajectory. 4% from 2025-2033. Let's break down some of the numbers so you can see just how pawsitively successful it is: Global Pet Industry Valuation. 3% of total revenues, driven by trends in pet humanization. 2023 Jan 7, 2025 · 5. e. 56% to reach USD 314. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers Hotel industry worldwide - statistics & facts; Top Report. M. Retailers currently have much more focused consumer-related data than manufacturers, allowing them to personalize their products and services. Millennial pet parents Young, highly educated, a high income and married: that is the current profile of many pet parents in China. 9 million U. May 6, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. The pet grooming and boarding industry saw 3. From 2018 to 2023, the industry’s market size grew at an average annual rate of 6. 66 billion in 2023 and is projected to grow from USD 259. 10%. 6% every year. Bureau of Labor Statistics) Dec 12, 2024 · Find the most up-to-date statistics about pet market in Europe volume of pet food produced worldwide in 2023, by region in Europe 2010-2023. Canadian pet owner buying behavior. 2 billion ($22. 53 billion by 2034, growing at a CAGR of 7. The global pet care industry is forecasted to represent €191. Feb 14, 2025 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. The pet industry is one of the most massive sectors of the American economy, with many more years of growth potential. 2023 Jan 27, 2025 · AgileIntel Research (ChemIntel360), Market value of polyethylene terephthalate worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in billion U. 97 million metric tons, respectively. 8% per year on average between 2018 and 2023. 77 billion in 2025 and grow at a CAGR of 5. dollars in revenue Mar 4, 2025 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. Statista R identifies May 7, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 2023 Jan 10, 2024 · Bottled water accounted for 34. Most viewed statistics. Jan 3, 2024 · ResearchandMarkets. Each year, UK Pet Food publishes pet food market data, in addition to the pet population figures, so that we can provide our members and the public with useful statistics. May 8, 2025 · Premium Statistic Leading global pet food companies based on revenue growth 2022-2023 Premium Statistic Leading North-American specialty chains in the pet industry by number of stores 2023 "Real insight on the state of pet healthcare now. 1 million in 2022 and $170 million in 2021. 35% during 2023-2028. Worldwide, the pet industry is rolling in at a whopping $222. 3% against 2021. We can witness an upward trend, as 70% of General Pet Industry Statistics. households, accounting for a staggering 86. 2% during 2021 – 2026 (Mordor Intelligence, 2021) There are currently 6 million dogs and 5 million cats in Malaysia, however, the ownership of dogs are at 398,000 and cats are at 658,000 in 2019, this shows that owning cats are more popular in the country. 8B/€21. US Total Cat and Dog Food Ingredient Quantities According to the American Feed Industry Association, the following chart explains the ingredient quantities from farm to pet bowl, including dog treats, dog food moist, cat Pet Market - Global Size, Share & Industry Trends 2024-2032 Global Pet Market. Trends in pet food preferences Fresh and Raw Diets: 16% of dog owners and 12% of cat owners now opt for fresh pet food . 9 million homes, own a pet (American Pet Products Association, 2023). State of the Pet Industry: Key Statistics. Leverage industry reports and risk ratings to mitigate the threats you can control and plan for the ones you can’t. Nestlé Purina PetCare, headquartered in the U. Having nails trimmed will cost from $10 to $35. 3B) in 2022. 6 billion. Millennials, adults between their early 20s and late 30s, represent a growing constituency of pet owners as they are more likely to have children later in life, work from home or in hybrid formats and have a higher income and level of education. Up from a value of $222. People in the USA spent $89 billion on their pets in 2023. Global pet food segment. The pet food market in India is over $310 million. S Jan 8, 2025 · Overall Market of Pet Industry Trends 1. The proportion of women is higher than that of men. 94 Leading global pet food companies based on revenue growth 2022-2023 Leading North-American specialty chains in the pet industry by number of stores 2023 Leading pet food companies in the U. The global pet care market size was valued at USD 304. 2023 Oct 14, 2024 · The 2024 Global Pet Parent Study estimates the global pet population at around 1 billion. The pet market was worth R7. Nutrition The largest shifts, in value terms, have been in pet nutrition. 5bn over 2022-30E and expect the sector to deliver a 2023-25E EPS CAGR of 28%, i. Assess the industry from all sides to avoid blind spots and make smarter strategic decisions. Apr 25, 2025 · Almost 1 in 10 U. 8% in 2023 (up from 10. United States and the import and export of pet products. Imported pet food to Pakistan may soon see a 50% regulatory tax. 7 billion (€3. This marks the end of a 3-year increase driven by the pet industry’s pandemic boom. Jul 1, 2024 · The German pet industry is one of Europe’s largest markets, generating €7 billion in 2023, a 9. Pet parents’ expenditure rose to an estimated A$33. Nestle SA (Purina), Colgate Pamolive (Hill’s Pet Nutrition), The J. Feb 9, 2024 · On the other side of the pond, inflation in pet food in the US reached 10. Price hikes in pet supplies decreased from 9. 6% during this period. Millennials account for 27% (born since 1985) and 33% (born since 1990) of pet ownership. alone, pet owners spent USD 136. 45% during the forecast period. According to data from local pet food producer Pimlico, the offline channel – grocery retailers and pet stores – dominated sales, accounting for 84% of all purchases in 2021. What’s been missing, though, is real insight on the state of pet healthcare now, several years post-pandemic, and what that grow May 14, 2024 · Pet industry expenditure in the United States reached over 147 billion U. Hotel industry worldwide - statistics & facts; Top Report. 2023 Jul 18, 2024 · In 2023, around 22 percent of households in China kept pets. The global pet food market size was valued at USD 130. wti jxutn wrdtv xrkjnx sviv wfrl jflia mcrg jilqdnv qwtdxwc