Pet industry As we look toward 2025, these trends are not only improving the lives of pets but also making it easier for pet owners to care for their furry friends in more sustainable and innovative ways. The industry is booming at a fast rate. Thailand’s pet industry in currently the second largest in Asia next to China valuing at 700 – 800 million USD (2019). representing the single largest market in the world with a $140 billion expenditure. Pet Supplies analysis includes a market forecast outlook for 2025 to 2030 and historical overview. The number of Koreans who own pets has continued to increase. pet industry employs roughly 1. 8% per year on average between 2018 and 2023. (PIJAC) Apr 18, 2024 · The global pet care industry is forecasted to represent €191. ; 57% of UK households keep pets. 67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. Globally, the pet insurance industry reached $9. According to the White Paper Team, on March 27th, the English version of the "2023~2024 China Pet Industry White Paper (Consumption Report)" produced by Petdata, under the guidance of the National Companion Animal (Pet) Standardization Technical Committee, the Pet Industry Branch of the China Animal Husbandry Association, and the Chinese 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 Nov 22, 2024 · A bigger pet population and continued humanization could push this up to over $500 billion (€463B) by 2030. Dog population growth in North America is expected to stabilize at ~1% per year between 2023 and 2028. Greg’s list of pet products to market via the retailers exceeds over 7,500 items. From 2018 to 2023, the industry’s market size grew at an average annual rate of 6. A thriving industry equals employment opportunities; the U. Learn how the industry is adapting to change and what trends are shaping its future. Dec 14, 2023 · STAMFORD, CONN. 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. Pet population in the Philippines North America accounts for a lion’s share of the pet industry with 67% of US households owning a pet. These industries rake in millions of dollars each year. 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. Dogs, especially, are increasingly being rightfully regarded as family members, rising above their long-held role as ‘merely’ protectors of the home. People's growing demand for pets and the support of modern technology have allowed the pet industry to develop more types of products. China’s focus on pet humanization, sustainability and innovation is expected to shape future trends. Learn about the total U. It breaks down statistical differences, generational trends and more in the pet industry. 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. Key players include: Mars Petcare: Expanded its premium pet food range, focusing on organic ingredients and tailored nutrition for different breeds and life stages. Jan 13, 2025 · The 15 Pet Industry Statistics in the UK. pet industry expenditures reaching $152 billion in 2024. Here are the latest numbers. US and Europe snapshot. 3% against 2021. 5% projected in 2024 and 3. 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. 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 total pet care industry is worth $900 million and at the current rate of growth, it is likely to hit $1 billion very soon. Jul 1, 2024 · Germany’s pet industry size. UK pet ownership and attitudes in 2024. The Pet Food segment is over 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. The US remains the biggest region in the global pet economy, with 40% of industry sales. 6B) by the end of 2024, 4. Pet Care Industry Growth Factors. 3 billion Apr 23, 2024 · In 2023, the size of the urban pet consumption market in China was 279. The Global Pet Industry is set to grow to $500 Billion by 2030. The latest issue In this issue, you’ll discover: 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. Seventy-seven percent of U. Mar 24, 2025 · The pet industry landscape is changing. Pet industry conferences gather a diverse array of industry stakeholders, including manufacturers, retailers, veterinarians, groomers, and pet care service providers. The $108 million (€103. 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%). Find out how pet owners spend money on food, health, grooming, accessories, and more. 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. You never know which conversation will lead to monumental opportunities for your business or your career. The market grew 4. 7M) pet care sector has doubled over the past 5 years, signaling significant market potential. 1. London led pet ownership Sam Chen, vice president of sales and marketing for NPIC, discusses how this long-time industry leader keeps driving pet product innovation. Pet Supplies Industry Report . The global pet care market size was valued at USD 150. The US pet care market alone was estimated to be worth $99 billion (€84. 8% for the next Apr 21, 2021 · North America accounts for a lion’s share of the pet industry with 67% of US households owning a pet. 5% increase from 2022. Pet care and pet insurance brands also need to take the increasing interest in pets’ holistic wellbeing into account. 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. 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. Mar 26, 2022 · The pet industry is a very promising market that has risen in recent years. According to The American Pet Products Association, almost 85 million households have a pet and over the last 30 years pet ownership has Feb 10, 2023 · The data company estimates that Filipino pet parents spent $124 million on pet food in 2022, an increase of 16. 7 billion (€3. org Oct 25, 2024 · Discover key 2024 pet industry trends: $83B+ market insights, omnichannel growth, and Gen Z's impact on pet care. 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). Mar 26, 2025 · The pet industry shows continued growth and resiliency, with the total U. The growth is primarily driven by the pet food segment, which alone accounts for €4. Jan 23, 2025 · The global pet industry is worth around $320 billion per annum, with the U. It is projected to reach over $150 billion (€139B) in 2025 and closer to $200 billion (€185B) by 2030. Mar 4, 2025 · In the US, pet industry expenditure rose to an estimated $151 billion in 2024, a 2. Its external influences on its development provide catalysts that should be identified. Dec 31, 2024 · The Pet Industry in Canada. 👉 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. analysis show that the market economy of the pet industry will show a growing trend in the future. 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. 2 million homes and 36 million pets. 3 billion yuan (around $39 billion), and it is expected to reach 361. 2020's unprecedented growth demonstrated to us that it is also pandemic-proof. Get a sample of this industry analysis as a free report PDF download. 5 billion (compared to €4 billion in 2022) with cat food making up the largest share, at €2. In 2024, 60% of British households owned non-aquatic pets, totaling 17. And due to the continuous growth of people’s demand for pets, the pet economy has developed into a new economic form. 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. Join Us in Transforming the Pet Industry. 3%. The pet industry is evolving rapidly, with sustainable products, pet tech gadgets, and a growing focus on pet wellness shaping the market. S. 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. Following this trend, a few pet-related novel words including Petfam and Petconomy have Nov 27, 2018 · The pet industry has been experiencing explosive growth. Dec 9, 2020 · Pet Industry Market Size. Find out how much Americans spend on pet food, care, products, and technology, and who are the leading players and corporations in the market. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers Apr 14, 2025 · Request a Free sample to learn more about this report. 000+ pet professionals in 130+ countries and dives into the latest industry insights and trends. Pet food now needs to be functional, promote wellness, and also, at times, integrate pets into family gatherings. Oct 13, 2020 · Hopefully, this collection of pet industry data has helped you better comprehend the ever-changing pet business market. The report 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. 2B) by the Apr 26, 2024 · According to IBIS World, the pet industry’s market size, measured by revenue, was $3. 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. There are 13. 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 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. 5 million cats in the UK. 1% over the past 5 years, with Vermont seeing the highest increase at 44. The pet industry is the market industry associated with companion animals. 1% from 2022 to 2030. Find your role at Chewy! May 27, 2020 · Though hardly any pet industry data is available, industry players believe the market is still growing. Searches for "pet insurance" are growing slowly but steadily at 100% over the last 10 years. 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. 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. Dec 4, 2024 · How big is the pet industry in Canada? In 2023, the pet stores industry in Canada generated $3. 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. Jan 6, 2025 · The pet industry is growing in South Korea. The shift towards online shopping has accelerated, with retailers like Amazon Canada and Chewy entering 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. It’s estimated the US pet industry reached $99 billion in 2020. The pet industry is poised to swell from $320 billion today to almost $500 billion by 2030. 5 billion) in 2020. 2 billion ($152. 9% in 2025. Canadian pet owner buying behavior. pet owners say the current economy has not affected their pet ownership. 📌 No te pierdas esta conversación llena de aprendizajes, liderazgo consciente y visión de futuro. 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. ” Mar 4, 2025 · Pet Industry. Statistics for the 2025 Pet Supplies market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. US pet food prices have surged 18. It includes things that are associated with the production, consumption and cultural Apr 25, 2015 · Global Pet Industry • 29 Apr 2025 Swedencare starts 2025 with revenue increase, but CEO warns about uncertainty Dental products and treats saw the strongest growth in the company’s portfolio. The pet industry is changing with consumer demand for tailored pet food, holistic wellness options, and tech-enabled pet products. Access the latest pet industry insights and data from the 2025 State of the Industry Report. 7% more than last year. 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. Feb 12, 2025 · The Philippines’ pet industry is growing rapidly, and pet ownership is rising. Jul 12, 2024 · Spending growth in the pet industry could reach 7% annually by 2030, after below-average growth of 2. (APPA) 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. Pet Insurance and Services Pet insurance is gaining traction among pet owners, reflecting a broader trend towards comprehensive pet care. 5% increase from 2023, according to the American Pet Products Association. 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. A career at Chewy is more than the work you do each day. Premium and local ingredients The pet food market in the Middle East is forecast to reach $4. 8 billion in revenue. . 02B) in retail sales by 2025, with an annual increase of 7. 4B) in 2023. These pet trade shows and conferences are a hotbed for learning about advancements in the business side of the pet industry. Let's connect at Global Pet Expo! Apr 28, 2025 · Conclusion. These temporary workers have another effect on the sector, however, with companies having to constantly remarket themselves to newcomers. The German pet industry is one of Europe’s largest markets, generating €7 billion in 2023, a 9. Thus, Van Wye predicts “a rise in biodegradable waste bags, plant-based pet food packaging, and upcycled materials in toys and bedding. cn, a pet industry market observer. 48 billion (€4. Pet Industry - La comunidad de empresarios, gerentes y profesionales de la industria de mascotas 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). ; The number of pets in the UK rose 9% between 2022 and 2023 Nov 26, 2021 · The UK pet industry is worth around £7 billion (approximately €8 billion / $10 billion). Much of this growth in sales is due to the region’s expats, who are used to owning pets. and globally. The pet industry’s favorite trade publication and magazine that reaches 40. Apr 28, 2025 · Pet insurance is one of the most interesting pet industry trends in 2024. IPSA Flow Business Conference Su invitación: respetar, valorar y confiar en nuestros propios caminos. The Pet industry consists of many significant branches. 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. 4 billion in 2022 and is expected to grow at a compound annual growth rate of 17. “There is a significant reduction in the number of imported goods on the market, and some items have disappeared altogether. $157 billion in sales is projected for 2025. 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. pet industry expenditures, sales, and ownership by species and generation from the American Pet Products Association. Pet food and treats, vet care and supplies sale, pet insurance companies, accessories, etc. Australia’s market is 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. 04% through 2030. — On Nov. 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’s position is evolving in South Africa. The pet industry demonstrated in 2008 that it was recession-proof. 3 million people and pays over $60 billion in wages, benefits, and salaries. Jan 7, 2025 · Learn about the latest trends and data on the global pet industry, which is worth $246 billion and growing. High Spending on Pet Care to Favor Market Growth . 3 billion yuan in 2026, according to China's Pet Industry White Paper 2023-2024 (Consumption Report), which was released by Petdata. As the number of pets is expected to increase in Canada, the revenue from the pet industry is expected to grow alongside it. From specialty food trends to packaging strategies, explore the full analysis of today's evolving pet marketplace. But there are also areas that are projected to significantly outperform. Apr 10, 2024 · The pet industry had a huge growth spurt during the pandemic but now faces challenges such as post-pandemic drop in pet ownership, inflation and consumer cutbacks. 2 billion ($207. ‍ Reference: - Pet industry in South East Asia – from pet lovers to pet parents. See full list on worldanimalfoundation. Mar 22, 2023 · Learn about the size, growth, and trends of the pet industry in the U. The source for cat food, dog food and pet treat manufacturers, pet food ingredients research, pet industry news and pet food insider commentary. 5. However, challenges remain, such as a shortage of veterinarians. A 2023 update on how the South African pet industry is doing: how bureaucracy is obstructing the industry’s growth. 5 million dogs and 12. And with the development of society, the future market and products of the pet industry will further expand. pgavivg nahhf wpignq elya jjj gbdw riuel zxu olmyzia vfpm atp dbutcd ygw pemrfj onfrtld