Pet industry.

Pet industry Apr 30, 2025 · Muntajat marks 20 years with a new brand identity, signaling its continued commitment to innovation and leadership in Saudi Arabia’s pet care industry. 3 $132 €521. A career at Chewy is more than the work you do each day. Jan 7, 2025 · Learn about the latest trends and data on the global pet industry, which is worth $246 billion and growing. During Spring Festival last year, revenue from pet supplies and clothing increased by 40 percent and 65 percent, respectively, according to a report by Taobao Live, a consumer live broadcast Jul 28, 2022 · Despite soaring pet care product costs, consumers are still making purchases. Pet Insurance and Services Pet insurance is gaining traction among pet owners, reflecting a broader trend towards comprehensive pet care. May 19, 2022 · This report analyzes retail sales and trends across the U. The growth of the pet industry is driven by several factors, including the increasing number of pet owners in the U. A variety of national and international brands compete for the pet market share in Colombia. Compared to the previous year, the demand for puppies rose 104%. 3 million by 2030. which account for an approximate share of 25% in 2023. The Canadian pet food market is expected to grow to 5. Considering how many households in Canada have at least one pet, it is not surprising that the pet industry market is important to the country’s economy. The COVID-19 pandemic has made them more particular about the products they buy for their pets. org Mar 22, 2023 · Learn about the size, growth, and trends of the pet industry in the U. Data from ASSALCO shows that the Italian pet industry is approaching €3 billion ($3. 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. According to Michigan State University, the pet industry had an overall economic contribution in 2023 of $303 billion, an increase of 16% from 2022. You never know which conversation will lead to monumental opportunities for your business or your career. The US remains the biggest region in the global pet economy, with 40% of industry sales. IPSA Flow Business Conference Join Us in Transforming the Pet Industry. Su invitación: respetar, valorar y confiar en nuestros propios caminos. The rise of e-commerce and mobile apps has also made it easier for pet owners to access pet-related products and services, opening up opportunities Mar 12, 2025 · Despite these encouraging developments, the U. 8% for the next Apr 26, 2024 · According to IBIS World, the pet industry’s market size, measured by revenue, was $3. 3 million people and pays over $60 billion in wages, benefits, and salaries. This directory is the most complete database in the industry and features more than 20,000 industry players worldwide. Leverage our quarterly research reports to inform your business strategies so that you can meet the needs of pet owners, and use our economic forecasts to plan your long-term initiatives. 👉 Este video hace parte del evento Mujeres Poderosas 2025, organizado por Heel Vet y SilverAgro, con el respaldo de la revista Pet Industry y Mujeres Pet Industry. The pet industry is undergoing significant Feb 28, 2025 · Shenzhen: a pet industry hub. It should be noted that the source used a new research methodology from 2018, therefore, direct Apr 15, 2024 · Pet industry size in Italy. 54 billion U. New data through 2024 Global pet industry PETS International | September 2021 58 China pet industry trends in 2021 Today’s pet consumer in the world’s most populous country is young and upwardly mobile. 7%. households owning a pet, according to the American Pet Products Association’s State of the Industry report, the stakes are higher than ever for the pet […] Formulation Focus: How Innovative Ingredients Enhance a Pet’s Health, Well-Being Mar 27, 2025 · “The pet industry continues to demonstrate resilience, even amid economic uncertainty,” said APPA president and CEO Pete Scott. 5% increase from 2022. Pet care market sizes in Germany, Switzerland and Austria in 2019 (mln) Pet food Pet products Pet food Pet products Pet food Pet products €3,301. “What’s encouraging is that pet ownership itself is expanding, with 94 million U. 5 €452. 62% of UK households own a pet. 1% from 2022 to 2030. pet owners say the current economy has not affected their pet ownership. And with the development of society, the future market and products of the pet industry will further expand. It is projected to reach over $150 billion (€139B) in 2025 and closer to $200 billion (€185B) by 2030. According to The American Pet Products Association, almost 85 million households have a pet and over the last 30 years pet ownership has Jan 6, 2025 · The pet industry is growing in South Korea. Find out how pet owners spend money on food, health, grooming, accessories, and more. See full list on worldanimalfoundation. 8B) by 2025. 48 billion (€4. Mar 18, 2024 · This sentiment was a large part of the story told by three pet industry experts — Shannon Landry Brown, pet brand manager at Packaged Facts, David Sprinkle, former publisher and research director of Packaged Facts, and David Lummis, president of Marigny Research Group — in a webinar hosted by Packaged Facts on March 13. ), and PetSmart Inc. The pet industry demonstrated in 2008 that it was recession-proof. In 2024, 60% of British households owned non-aquatic pets, totaling 17. Pet industry conferences gather a diverse array of industry stakeholders, including manufacturers, retailers, veterinarians, groomers, and pet care service providers. Following this trend, a few pet-related novel words including Petfam and Petconomy have Jan 31, 2025 · The rise in e-commerce has made it easier for pet owners to access a wide variety of products, often at competitive prices, further driving the expansion of the pet industry in the United States. 8 billion in 2022, representing an increase of 10. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers Jan 23, 2025 · The global pet industry is worth around $320 billion per annum, with the U. . Learn how generational shifts, online shopping and animal health innovations could shape the sector in the next decade. 9 #1,413. Nov 26, 2021 · The UK pet industry is worth around £7 billion (approximately €8 billion / $10 billion). Pet Industry - La comunidad de empresarios, gerentes y profesionales de la industria de mascotas Apr 28, 2025 · Pet insurance is one of the most interesting pet industry trends in 2024. The $108 million (€103. 8% and 13. A compound annual growth rate of 4. Globally, the pet insurance industry reached $9. 34 billion USD in 2021. Top-performing companies, however, are still being sold for high prices, according to the latest Cascadia Capital Pet Industry Overview. The Pet industry consists of many significant branches. Learn about the market industry associated with companion animals, including its size, trends, and products. Oct 31, 2023 · According to industry players, the steady rise in pet parents opting for manufactured pet food directly links to increased product accessibility, education about pet nutrition and pet humanization. 4 Source: Euromonitor International Mar 8, 2024 · Explore the dynamic shifts and emerging trends shaping the pet industry in 2024 and beyond. Nov 27, 2018 · The pet industry has been experiencing explosive growth. ; 57% of UK households keep pets. The biggest contributors to this number are cat and dog food and snack products, with a total of €2. 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. 5 $3,988. Jan 16, 2025 · The American pet food industry relies on a global supply chain that could face significant disruption. These pet trade shows and conferences are a hotbed for learning about advancements in the business side of the pet industry. ; The South African pet Pet Industry News readers can access an exclusive 20 per cent discount on tickets for Australia’s biggest marketing conference. The industry is expected to reach $368. A difficult post-pandemic economy has made companies more careful about acquiring new brands, and a strongly antitrust Biden administration has not been friendly to the growth of megacorporations, including in the pet space. 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. The pet care industry includes pet food and treats, as well as accessories, veterinary and health care, insurance, and services like walking, grooming, pet sitting, and daycare services. Despite pet shops being considered essential and allowed to remain open during the pandemic, there has been a noticeable shift towards online and delivery-based subscription services. Feb 12, 2025 · The Philippines’ pet industry is growing rapidly, and pet ownership is rising. 8% per year on average between 2018 and 2023. 5 million cats in the UK. Pet care and pet insurance brands also need to take the increasing interest in pets’ holistic wellbeing into account. “There is a significant reduction in the number of imported goods on the market, and some items have disappeared altogether. Get a sample of this industry analysis as a free report PDF download. Sep 1, 2023 · A 2023 update on how the South African pet industry is doing: how bureaucracy is obstructing the industry’s growth. 96 billion USD by 2029. The report considers animals, such as dogs, cats, fish, and birds, that are groomed as pets. Use the sidebar to browse or use the search bar to directly find what you’re looking for. The pandemic years of 2020 and 2021 were boom years for the U. Apr 19, 2023 · The "U. 3%. Pet Industry Statistics Jan 8, 2025 · How many people are employed within the pet industry? The pet industry is obviously a booming business with no signs of slowing down. Let's connect at Global Pet Expo! Feb 14, 2025 · The pet care industry includes pet food and treats, as well as accessories, veterinary and health care, insurance, and services like walking, grooming, pet sitting, and daycare services. 2 $148. — On Nov. A thriving industry equals employment opportunities; the U. Greg’s savvy Pet industry know-how makes him a great resource to any new or struggling company, which is critical in understanding the ever-changing Pet industry landscape. Jul 1, 2024 · Germany’s pet industry size. E-commerce driving sales gains Pet supplies are a leading industry category in the United States, with sales of approximately 4. Pet products and services. Dec 31, 2024 · The Pet Industry in Canada. The pet’s position is evolving in South Africa. 5 This impact is no different for the pet food industry, with more pet owners choosing to buy pet food online. The German pet industry is one of Europe’s largest markets, generating €7 billion in 2023, a 9. These industries rake in millions of dollars each year. ; The pet population increased just over 1% between 2022 and 2023. Nov 18, 2024 · Pet industry in China Pets and pet care in Australia Key figures Key figures. Read story Symrise posts mixed results for pet portfolio, eyes expansion Oct 25, 2024 · The pet industry is undergoing a significant transformation as consumer behaviors shift and new trends emerge. North America accounts for a lion’s share of the pet industry with 67% of US households owning a pet. French pet industry imports and exports. The report examines pet food, non-food pet supplies, veterinary services, and non-medical pet services — paying particular attention to the market impact of e-commerce and technology. As one of the regions with potential for the pet industry, Matthias Koch from Anibene wrapped up the event with a snapshot of the Southeast Asian pet market and provided strategies on how to enter this potentially lucrative area. ; The number of pets in the UK rose 9% between 2022 and 2023 Mar 4, 2025 · In the US, pet industry expenditure rose to an estimated $151 billion in 2024, a 2. pet food industry remains aware of the challenges ahead in 2025. China’s focus on pet humanization, sustainability and innovation is expected to shape future trends. Oct 29, 2024 · The pet retail industry is thriving, driven by shifting consumer habits and innovative technologies — and understanding emerging pet retail industry trends gives businesses a competitive edge in meeting the demands of today's pet-loving consumers. But there are also areas that are projected to significantly outperform. They’ll keep you in the know about pet industry news, trade shows, products, tips, trends, and ongoing education. 4B) in 2023. pet industry, factoring in the longer-term impacts of the coronavirus pandemic. pet ownership regains momentum, with 94 million households having at least one pet, and Gen Z is driving a remarkable shift in multi-p Amid a year that disrupted everything, pet owners and the pet industry appear to be shaking off the habits of “old dogs” and learning “new tricks. Our survey has evolved over time and we are regularly quoted by welfare organisations, pet industry colleagues, government and the media. pet food makers remain particularly vulnerable to trade disputes. U. Its share of revenue also spread due to the “pet parenting” trend, in which pet Feb 21, 2025 · There can be several reasons why you should join the pet industry, but keep reading to discover why this year may be the ideal time to invest. 8M) in 2021. 8 billion in revenue. The pet industry is changing with consumer demand for tailored pet food, holistic wellness options, and tech-enabled pet products. Asian and European markets have also witnessed a steady increase in pet adoption, and the pet care markets in these regions are estimated to grow at a Mar 26, 2022 · The pet industry is a very promising market that has risen in recent years. Increasing spending on pet products such as food, healthcare, pet insurance, pet ownership, grooming, and others will likely ease such products’ consumption rate, thereby driving the market growth. ), and are fueled Pet food sales for 2022 in Vet clinics, Farm & Feed, Direct-to-Consumer, and Costco were estimated using industry/financial reports and any available data for either of these channels. representing the single largest market in the world with a $140 billion expenditure. Conclusion. 000+ pet professionals in 130+ countries and dives into the latest industry insights and trends. pet industry expenditures, sales, and ownership by species and generation from the American Pet Products Association. The Pet Industry Leadership Summit is the only high-level industry event that taps the collective expertise of top executives from every segment of the pet care channel. In addition, Packaged Facts has published a variety of other pet industry market research reports that may interest you including: Oct 13, 2020 · Hopefully, this collection of pet industry data has helped you better comprehend the ever-changing pet business market. Greg’s list of pet products to market via the retailers exceeds over 7,500 items. 66 billion in 2023. Pet food is the largest sector with 60% of the market and pet care products, which include pet toys, bedding, and supplies with 40% of the market. Dec 14, 2023 · STAMFORD, CONN. Given the increase in per capita The Pet Industry Leadership Summit is the only high-level industry event that taps the collective expertise of top executives from every segment of the pet care channel. 5% increase from 2023, according to the American Pet Products Association. The Global Pet Industry is set to grow to $500 Billion by 2030. MORE The development history of pet industry and the present situation of pet market in China were introduced,and the market size and market segmentation on cats and dogs consumption were analyzed. Two (2) corporations consume 49% of the pet industry’s market share. 3 billion 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. These trends often appear within the specific markets that make up the pet industry (i. 88 billion by 2030, growing at a CAGR of 5. Many say this could cause a sharp rise in costs for companies and, ultimately, consumers. 2-in-3 American households include at least one pet. Its external influences on its development provide catalysts that should be identified. pet industry, with sales up 9. 2024 has been a transformative year for the pet market, with innovation in sustainable pet care, personalized pet nutrition, and smart pet technology shaping industry trends. 7M) pet care sector has doubled over the past 5 years, signaling significant market potential. Seventy-seven percent of U. Much of this growth in sales is due to the region’s expats, who are used to owning pets. In this vein, sales of pet food, representing the most important pet health product and two-fifths of the overall pet industry, rose by nearly 16% in 2020 and 15% in 2021. Mar 22, 2024 · The announcement came during Global Pet Expo, the pet industry’s premier event, co-produced by APPA and the Pet Industry Distributors Association (PIDA). $157 billion in sales is projected for 2025. 67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. It breaks down statistical differences, generational trends and more in the pet industry. May 15, 2024 · In 2022, French pet food manufacturers invested €180 million ($193M) in improving their products and production facility technology, an increase from €164 million ($175. 3B) in 2023 , which could become costly if other nations retaliate against American Aug 1, 2023 · The Pet Industry is divided into two sectors: pet food and pet care products. ACCC urges businesses to review card payment surcharges Misleading surcharges and add-on costs are a compliance priority for the ACCC in the 2025-26 financial year. pet industry employs roughly 1. Pet Market - Global Size, Share & Industry Trends 2024-2032 Pet Market Global Industry Analysis and Forecast (2024-2032) By Pets Type(Dogs, Cats, Others) Price Range(Premium, Economy) Gender(Male, Female) Sales Channel (Online Retailers, Offline, Other Sales Channel )and Region GlobalPETS is the go-to resource for the international pet industry: PETS International Magazine: Reaching over 40,000 decision-makers in the pet industry in 130+ countries, 6 issues per year; Industry directory: Featuring 22,000+ companies worldwide; News updates: Discover daily news updates on our website. 1% over the past 5 years, with Vermont seeing the highest increase at 44. 8% from 2021. 2020's unprecedented growth demonstrated to us that it is also pandemic-proof. Jan 17, 2024 · In an industry as substantial as the global multi-billion-dollar pet industry, trends help tell a story of where things are heading, the latest innovations, and a glimpse of the evolving needs of pet parents. Learn about the total U. US pet food prices have surged 18. Jan 19, 2025 · In fact, pet owners are now 40% less likely to add a new pet to their pack compared to two years ago. The pet industry’s favorite trade publication and magazine that reaches 40. Mar 22, 2023 · The pet industry grows by 11. Pet industry expenditure in the United States reached over 147 billion U. As the number of pets is expected to increase in Canada, the revenue from the pet industry is expected to grow alongside it. 4 billion in 2022 and is expected to grow at a compound annual growth rate of 17. 92%. Mar 26, 2025 · Top 15 UK Pet Industry Statistics. This has led to a rise in direct-to-consumer pet food brands, which can offer a wider range of products and faster shipping times. pet market amounted to a staggering $147 billion in 2023. According to information from local authorities, Shenzhen, a southeastern Chinese city where the average age of residents is only 32. 2%). Pet Care Industry Growth Factors. 4 days ago · Jon Balousek, chief executive officer of Primal Pet Group, joins Pet Food Processing Editor Kimberlie Clyma to discuss the evolution of Primal Pet Foods, from its founding by Matt Koss in 2001 and its acquisition by Kinderhook Industries to its newest production facility in Abilene, Texas; and how the company is keeping pace with consumer demand. Mar 6, 2024 · The South African pet industry, shaped by the increasing ownership and affection for pets, has shown significant growth over recent years. 5 billion) in 2020. Feb 6, 2025 · This momentum underscores PET|VET's ability to facilitate high-value transactions and strategic growth within the pet care industry. Pets+ is an all-inclusive pet industry library of information that keeps growing alongside the booming pet industry. US pet food manufacturers exported products worth $2. Feb 3, 2025 · The pet care market in the Asia-Pacific (APAC) region was poised to reach $29 billion (€27. In contrast to our busy, boisterous trade shows, it’s an ideal place to exchange ideas and tackle problems in a relaxed, collaborative atmosphere. Mar 4, 2025 · Pet Industry. The rest are breeders (37. Pet Supplies Live Animals & OTC Medicine: Pet Supplies and OTC Meds are based on data provided by Nielsen Scan, Rakutan Intelligence and Packaged Facts. They also highlight independent pet businesses that are making BIG splashes! For more than 50 years, APPA has led the pet industry in U. 5, currently has over 84,000 pet-related enterprises, up sixfold from 12,000 in 2020. This includes pet food and treats, veterinary care and products, supplies, live animals, over the counter (OTC) medications, and other services. The market grew 4. 22B) in yearly sales. (APPA) The global pet care market size was valued at USD 150. As approach 2025, it’s clear that the marketplace is becoming increasingly omnichannel, with more pet parents opting for online shopping while traditional in-store sales soften. Statistics for the 2025 Pet Supplies market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 3% against 2021. Key players include: Mars Petcare: Expanded its premium pet food range, focusing on organic ingredients and tailored nutrition for different breeds and life stages. May 27, 2020 · Though hardly any pet industry data is available, industry players believe the market is still growing. Jan 1, 2022 · PDF | On Jan 1, 2022, Wangyi Zhang and others published Analysis of the Future Development Trend of the Pet Industry | Find, read and cite all the research you need on ResearchGate Oct 28, 2024 · The American Pet Products Association (APPA) Releases 2025 State of the Industry Report. 5B) in 2024. Feb 5, 2025 · With changes in legislation, new trade agreements and ongoing industry adaptations, the pet industry in the UK is positioning itself for continued growth and innovation. It was expected that brands reshuffle and online-offline Top players operating in the pet care industry include Hill’s Pet Nutrition, Inc. 5M). 96B) in sales, a 15% increase compared to 2021. Jul 12, 2024 · The pet industry is expected to grow at 7% annually by 2030, driven by increased spending on veterinary care and services, as well as a surge in new pet ownership. Aug 9, 2024 · Pet food industry 8 Premium Statistic China's pet food market size 2018-2028 Premium Statistic Market size of pet nutritional products China 2020-2023, by pet type Mar 24, 2023 · New York, March 24, 2023 — The pet industry is poised to swell from $320 billion today to almost $500 billion by 2030, according to a new report from Bloomberg Intelligence (BI). Globally, the pet industry is worth $232 billion. Mar 20, 2025 · The 20 Canada Pet Industry Statistics. Jan 6, 2025 · These new product offerings help pet parents kick off 2025 with the latest trends across toys, apparel, accessories, beds, bowls, home décor and more. 5 billion (compared to €4 billion in 2022) with cat food making up the largest share, at €2. cn, a pet industry market observer. Beyond the broader trade concerns surrounding tariffs on steel and aluminum, industrial goods and agricultural exports, U. 1 billion ($384,075,494) in 2023. Searches for "pet insurance" are growing slowly but steadily at 100% over the last 10 years. 1 billion and had the largest market value in the pet care industry. Find your role at Chewy! Jan 13, 2025 · The 15 Pet Industry Statistics in the UK. analysis show that the market economy of the pet industry will show a growing trend in the future. 9% of pet owners acquired their pets between March 2020 and May 2021. These temporary workers have another effect on the sector, however, with companies having to constantly remarket themselves to newcomers. ‍ Reference: - Pet industry in South East Asia – from pet lovers to pet parents Jan 27, 2023 · The COVID-19 also accelerated the shift to more online consumption of pet products and services, contributing to a large part of the pet industry's growth. From pet tracking devices to smart feeding solutions, technology has made pet ownership more convenient and enjoyable. Jan 7, 2025 · 5. Here are the latest numbers. Pet Market Outlook, 2023-2024" report has been added to ResearchAndMarkets. 5 million dogs and 12. London led pet ownership The total pet care industry is worth $900 million and at the current rate of growth, it is likely to hit $1 billion very soon. Growth rates Chinese pet industry sales reached almost ¥300 billion The Asian Pet Research Institute, in conjunction with Tmall Pet, Ali Mama, and Euro Rui International, has released the "Pet Industry Blue Book: 2022 China Pet Industry Development Report" at the 11th International Pet Industry Summit-Asian CEO Summit. Pet food now needs to be functional, promote wellness, and also, at times, integrate pets into family gatherings. Nov 1, 2024 · In researching the pet market, Pet Age examined data on the top performing pet brands along with input from retailers, distributors, industry experts and analysts to derive the 50 companies that are demonstrating the sort of forward thinking and professionalism that are needed from today’s manufacturers. Dogs, especially, are increasingly being rightfully regarded as family members, rising above their long-held role as ‘merely’ protectors of the home. Pet Supplies Industry Report . Mar 4, 2025 · The 15 South Africa Pet Industry Statistics. e. 8%) and around 180 legally established pet food industries (0. Dog population growth in North America is expected to stabilize at ~1% per year between 2023 and 2028. Generally, pet dogs and cats are the most popular pets in Thailand at 47% and 42% respectively, followed by Fish (11%), Bird (4%), Rabbit (3%), and Rodents (3%). (PIJAC) North America accounts for a lion’s share of the pet industry with 67% of US households owning a pet. ; The Canadian Oct 17, 2023 · Technology is playing an instrumental role in the pet industry’s evolution. Asian and European markets have also witnessed a steady increase in pet adoption, and the pet care markets in these regions are estimated to grow at The American Pet Products Association is the leading research provider of pet industry statistics, market size and insights for the pet product industry. 6% is expected of the worldwide pet products industry from 2023 to 2030. 8 $546. households now owning at least one pet, up from 82 million in 2023. Australia’s market is Mar 26, 2025 · The pet industry shows continued growth and resiliency, with the total U. There are 34 million pets in the UK. The growth is primarily driven by the pet food segment, which alone accounts for €4. pet consumer insights through the National Pet Owners Survey, now conducted annually. Dec 4, 2024 · How big is the pet industry in Canada? In 2023, the pet stores industry in Canada generated $3. 8 €109. Load more {{title}} Thailand’s pet industry in currently the second largest in Asia next to China valuing at 700 – 800 million USD (2019). Once a motley crew of shopkeepers selling shampoos and biscuits, the pet market The new NPOS Data Platform from the American Pet Products Association (APPA) is a powerful resource for pet industry businesses. Jan 29, 2025 · The pet industry is worth around $100 million a year. Thus, Van Wye predicts “a rise in biodegradable waste bags, plant-based pet food packaging, and upcycled materials in toys and bedding. 5. Jan 9, 2025 · The research notes that pet industry M&A activity has been “muted” in 2024, continuing a drop-off that began in 2022. 9 $630. Dive into pet industry state and national data. 7 billion (€3. Our latest report, Paw Power: Pet Purchasing Trends, digs into what’s happening in the pet world and how business leaders in the pet industry can keep wagging through these changing times. Apr 10, 2024 · The pet industry is doing fantastic in 2024 so far. In 2021, pet food generated £3. UK pet ownership and attitudes in 2024. , pet care, food, health, etc. State of the Pet Industry: Key Statistics. Having commissioned the population survey for over 15 years, we have become established as the UK's trusted source of pet data. Sep 1, 2023 · The difficulties with imports have stimulated local manufacturing for the pet industry in Egypt, with alternative brands such as Alpha, Migma, Legends and Ozzo emerging to cope with the demand. The pet products industry worldwide is expected to reach a projected revenue of US$ 120,781. Oct 10, 2024 · The pet industry exploded during the pandemic but after it ended, buyer’s remorse set in and the cost of owning a pet became more burdensome for many new pet owners. INDUSTRY GROWTH. The paper pointed out that the development potential of pet market in China was huge. dollars and positive sales growth of 2. From 2018 to 2023, the industry’s market size grew at an average annual rate of 6. 6 out of 10 are pet stores, veterinary practices and clinics, agrostores and food retail. The shift towards online shopping has accelerated, with retailers like Amazon Canada and Chewy entering Feb 10, 2023 · The data company estimates that Filipino pet parents spent $124 million on pet food in 2022, an increase of 16. 2 million homes and 36 million pets. Pet population in the Philippines Apr 23, 2024 · In 2023, the size of the urban pet consumption market in China was 279. Mar 22, 2024 · For more information, be sure to read the report US Pet Market Outlook, 2024-2025 from Packaged Facts, which analyzes current and projects future retail sales and trends across the US pet industry. 6% every year. (Global Pet Industry) Finance Bill 2024, put forth by Pakistan’s Federal Board of Revenue in July 2024, will impose a 3 Industry Trends Due to the overall willingness to pay in the industry, the strong interest of millennials to increase their pet ownership, and the catalyst effects of COVID-19, the Pet Industry shows to be a rapidly growing industry and more recession- May 24, 2024 · The U. Key expenditure areas include pet food, veterinary care, grooming services, and pet accessories, underlining the seriousness with which South Africans approach pet care. The pet market was worth R7. Mar 20, 2023 · The U. 📌 No te pierdas esta conversación llena de aprendizajes, liderazgo consciente y visión de futuro. Discover the latest pet industry trends with comprehensive insights and intelligence from NielsenIQ that can help brands navigate current pet inflation trends. Feb 25, 2025 · Modern pet owners are looking to minimize their environmental footprint by seeking out eco-friendly and sustainable options within the pet care industry. ” The effects of the COVID-19 pandemic appear to be finally pouring gasoline on the smoldering spark of e-commerce in the pet services space, everywhere from delivery to marketing, challenging Nov 21, 2023 · The global pet care industry is a massive and growing market, valued at $246. dollars in 2023. This includes continuing investments in premium pet products, services, and technology. Find out how much Americans spend on pet food, care, products, and technology, and who are the leading players and corporations in the market. Currently, our surveys are online and we receive feedback from over 8000 households. 7%, respectively. Mar 24, 2023 · According to the American Pet Products Association’s (APPA) 2022 State of the Industry data, total pet industry sales topped $136. 4 billion (€2. Sam Chen, vice president of sales and marketing for NPIC, discusses how this long-time industry leader keeps driving pet product innovation. However, challenges remain, such as a shortage of veterinarians. The American pet industry has an impact of over $222 billion in total economic output. S. May 12, 2023 · The latest figures released during the celebration of Pet World Arabia show that the local pet industry is currently worth $300 million (€271. Oct 7, 2022 · The overall pet market – not just veterinary services – should be considered a health and wellness industry. From the rise of pet influencers driving consumer choices to the increasing demand for sustainable and traceable products, discover how eco-consciousness and dietary preferences are transforming the market. and globally. Pet food and treats, vet care and supplies sale, pet insurance companies, accessories, etc. 02B) in retail sales by 2025, with an annual increase of 7. A. Find out the latest data on pet ownership, expenditures, healthcare, and food markets in the U. People's growing demand for pets and the support of modern technology have allowed the pet industry to develop more types of products. Sep 1, 2022 · The number of companies in the Brazilian pet sector exceeded 285,000 in 2021. The expenditures were released in conjunction with the launch of the association’s first of four quarterly reports, APPA’s State of the Industry: Strategic Insights from the National Pet NIQ delivers critical insights with industry-leading pet coverage backed by our trusted measurement and panel data. Expansion in pet industry and pet ownership The pet industry has been growing rapidly, reaching over 300 billion in Oct 1, 2024 · Thailand's pet industry is growing, driven by increasing pet ownership and humanization trends. Although the pet industry includes various opportunities and markets, it can be important to consider a macro viewpoint when evaluating an industry you may want to join. Pet Supplies analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Access five years of trended insights from the National Pet Owners Survey and robust visualization and analysis tools to help you make data-driven decisions quickly and effectively. , the To get started, here are some statistics to sum up the current state of the pet industry. Since 2020, the pet industry in the country has registered an annual growth rate of 22%. Canadian pet owner buying behavior. Our robust suite of solutions and unmatched coverage of the total pet industry deliver the Full View™ and meet the needs of retailers, manufacturers, emerging brands, and pet industry associations. Dec 18, 2024 · In the pet industry, the pace of acquisition activity continued to slow in 2024 due to a combination of industry environment and acquirers being more diligent and purposeful than ever. pet industry expenditures reaching $152 billion in 2024. The pet industry is poised to swell from $320 billion today to almost $500 billion by 2030. 3 billion yuan in 2026, according to China's Pet Industry White Paper 2023-2024 (Consumption Report), which was released by Petdata. S pet industry, comprising of related sub-industries, offers an array of products and services that cater to the various needs of pet owners. 76 billion ($2. It’s estimated the US pet industry reached $99 billion in 2020. Dec 9, 2020 · Pet Industry Market Size. US and Europe snapshot. S, the trend of pet humanization, and the impact of the COVID-19 pandemic. Nov 22, 2024 · A bigger pet population and continued humanization could push this up to over $500 billion (€463B) by 2030. The US pet care market alone was estimated to be worth $99 billion (€84. The source for cat food, dog food and pet treat manufacturers, pet food ingredients research, pet industry news and pet food insider commentary. Far from staying there, local players aim to take the industry to a value of $2 billion (€1. Based on data from 2018 to 2023, the pet industry is in a good spot—in fact, it's on an upward trajectory: Overall spending in the U. The key industry players are consistently involved in creating new opportunities in the veterinary industry. Stay ahead of the curve by delving into the realm of plant-based diets for pets and the With 71 percent of U. The most important key figures provide you with a compact summary of the topic of "Pet industry in Japan" and take you Discover top pet industry companies and your next business partners. Mar 10, 2023 · In fact, eCommerce spending is expected to reach $36 billion in 2023 — a 20% projected increase from 2022. Aug 18, 2023 · This has made way for the pet industry to bring about as many resources and tools to help people navigate pet parenthood. com's offering. ” Mar 24, 2025 · The pet industry landscape is changing. Access the latest pet industry insights and data from the 2025 State of the Industry Report. 28, the American Pet Products Association (APPA) released its new report, “Strategic Insights for the Pet Industry: Pet Owners 2023 and Beyond,” to provide additional insights on its National Pet Owners Survey (NPOS). There are 13. The latest issue In this issue, you’ll discover: Join us at Global Pet Expo March 26 - 28, 2025 in Orlando, Florida! With nearly 20,000 pet industry professional in attendance, it's easy to meet new people and make new connections at Global Pet Expo. ; The Canadian pet food market size was $3. The Indian pet industry has come a long way in terms of market value and customer service during the past decade. 04% through 2030. A pet is an animal primarily tamed or domesticated, kept as a companion, or treated with care rather than as a working animal. Pet Health in the Palm of Your Hands Josselyn Buck, senior brand manager for HICC Pet, reveals how the company harnesses the healing properties of hypochlorous acid to help pets recover quickly. 1. 3 billion yuan (around $39 billion), and it is expected to reach 361. And due to the continuous growth of people’s demand for pets, the pet economy has developed into a new economic form. The number of Koreans who own pets has continued to increase. (Colgate Palmolive Company), Mars Incorporated, Nestle Purina PetCare (Nestle S. 8 €123. In the U. The industry is booming at a fast rate. is a pet-loving nation with many households home to animal companions. The average pet-owning household spends $1,120 per year on their pets. The Pet Food segment is over Jan 16, 2025 · The pet industry has experienced substantial growth in recent years, thanks, in part, to the rise of social media and pet influencer marketing. The French pet industry is, for the most part, self-sufficient: 80% of pet food sold in France is also made in the country. The report Apr 21, 2025 · Request a Free sample to learn more about this report. Premium and local ingredients The pet food market in the Middle East is forecast to reach $4. 7 $1,707. High Spending on Pet Care to Favor Market Growth . Imported pet food to Pakistan may soon see a 50% regulatory tax. (Global Pet Industry) Although the country has one of the largest pet populations of any country in the world, the national pet industry is Pet industry coalition forms to address tariff impacts, host educational webinar Seven leading trade groups are collaborating to assess and respond to tariff-related challenges affecting pet food, live animals, pharmaceuticals and other industry sectors. United States Pet Industry Segmentation. ybw ocfgq ubjwqny cgee bvgj pngccacg univ tyslfaq dftmjfk trxi ubanmym cfqnq rbysoafo wommic efy