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<h1 style="">Pet industry statistics 2023 worldwide. A compound annual growth rate of 4.</h1>
<p class="" style="">Pet industry statistics 2023 worldwide 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. Cats are more popular pets among men than women, with 52% of men owning cats compared to 48% of women. Compare industry financial ratios and benchmarks to help quantify the risk of doing business. 3%. Let's break down some of the numbers so you can see just how pawsitively successful it is: Global Pet Industry Valuation. 53 billion by 2034, growing at a CAGR of 7. View Report. 2 billion(€80. The shift towards online shopping has accelerated, with retailers like Amazon Canada and Chewy entering Apr 26, 2024 · Pet market size in Australia. Mar 22, 2023 · Pet Industry Statistics. 05 percent). 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. Price hikes in pet supplies decreased from 9. 4 billion) in 2020. has jumped significantly over the past three decades. 6B) by the end of 2024, 4. Cutting down on non-essentials 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. Pet Care Market Size. e. ; 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%. 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. 2023 GlobalPETS - Your portal to the global pet industry global pet care market - focused insights 2024-2029. is the nation’s largest pet store; its 2025 revenue will total over $8. 75 billion by 2032, exhibiting a CAGR of 6. Worldwide, the pet industry is rolling in at a whopping $222. " Google “pet healthcare trends” and you’ll find no shortage of articles and “data” highlighting our industry’s exponential growth. 6% last year, according to the Bureau of Labor Statistics (BLS). 2023 Apr 26, 2024 · Pet market size in Australia. Aug 19, 2024 · The Global Pet Market Industry Valued at $235. As owners increasingly consider the pets The global pet services market size was valued at USD 24. 02B) in retail sales by 2025, with an annual increase of 7. 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. 2023 Apr 18, 2024 · A worldwide perspective. The global pet care market size was valued at USD 150. and around the world for some times now. Food represents 51% of total spending Jan 2, 2025 · Pet ownership in the U. 7% of the global pet market. 66 Billion in 2023 (Fortune Business Insights) According to Global Industry Analysts, in 2022, the global pet market was valued at $261 billion. dollars) Statista, https://www Feb 12, 2025 · The Philippines’ pet industry is growing rapidly, and pet ownership is rising. 34 million metric tons and 10. 92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9. Feb 5, 2025 · Pet Care Inflation declined from a peak of 15. 3B) in 2022. We estimate the industry could expand at a 12. Market the COVID-19 pandemic, the global pet industry is expected to adapt and grow at a CAGR of 6% in the coming decade. 8% between 2024 and 2032. 72 billion in 2024 and is expected to hit around USD 643. United States and the import and export of pet products. We also take a sneak peek at how 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. The United States plays a significant role in the global pet product market, acting as both a major importer and exporter. Apr 25, 2025 · Almost 1 in 10 U. From 2022 to 2023, pet industry revenue increased by 16 percent Apr 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. We can witness an upward trend, as 70% of May 13, 2025 · Pet Industry Statistics. 7 billion (€3. 2025 APPA National Pet Owners Survey Stats. Below, we report on the pet ownership statistics by species-type and by generational segment. 3% against 2021. 6 billion in 2025, up 9. China’s focus on pet humanization, sustainability and innovation is expected to shape future trends. 4B) in 2023. Pet parents’ expenditure rose to an estimated A$33. 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. Americans are responsible for 44. Moreover, GIA asserted that “The global pet industry is considered one of the fastest-growing market segments. To dive into just how successful the global and U. Pet products and services are among the fastest-growing industries in the United States. 2023 We would like to show you a description here but the site won’t allow us. While some markets may lag, statistics indicate that economic downturns do little damage to the industry as a whole. 21% from 2023 to 2030. Pet food sales witnessed a remarkable 18% increase in the United States in 2020 due to a surge in demand for quality pet nutrition by pet owners (Pet Food Industry, 2021). This marks the end of a 3-year increase driven by the pet industry’s pandemic boom. Trends in pet food preferences Fresh and Raw Diets: 16% of dog owners and 12% of cat owners now opt for fresh pet food . According to IBIS World, the pet industry’s market size, measured by revenue, was $3. The global pet care market size was valued at USD 304. In 2023, there was an 16% increase in pet food sales in the USA. Nestlé Purina PetCare, headquartered in the U. 48 billion (€4. Assess the industry from all sides to avoid blind spots and make smarter strategic decisions. This success comes from the profits driven by pet food, toys, healthcare, and more. Mar 12, 2025 · The pet industry is changing with consumer demand for tailored pet food, holistic wellness options, and tech-enabled pet products. 2 May 12, 2025 · The global pet care market size was valued at USD 246. Forecast Period: 2024-2032. The global pet market is worth $246 billion. S. Jun 12, 2023 · The pet industry’s global worth is a jaw-dropping $261 billion (World Animal Foundation, 2023). 72% from 2024. Nutrition The largest shifts, in value terms, have been in pet nutrition. Pet Market - Global Size, Share & Industry Trends 2024-2032 Global Pet Market. pet industry expenditures reached $147 billion (American Pet Products Association) Pet Industry Careers Statistics As of May 2023, the median annual wage was $31,200 for animal caretakers and $38,810 for animal trainers ( U. 2% in 2022 to 7. 1% from 2022 to 2030. 91 billion, and by the end of 2019, it had increased to USD 98. However, challenges remain, such as a shortage of veterinarians. Pet owners have gravitated towards healthy pet foods 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. Jan 13, 2025 · Global Pet Food Market Overview Global Pet Food Market Size Statistics. 45% during the forecast period. . 10%. People in the USA spent $89 billion on their pets in 2023. 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 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. 6% is expected of the worldwide pet products industry from 2023 to 2030. Petsmart, Inc. Leading global pet food companies based on revenue growth 2022-2023; Pet food production worldwide 2024, by region Dec 4, 2024 · How big is the pet industry in Canada? In 2023, the pet stores industry in Canada generated $3. 8% in 2023 (up from 10. U. Bureau of Labor Statistics ) Feb 10, 2023 · The data company estimates that Filipino pet parents spent $124 million on pet food in 2022, an increase of 16. Mar 28, 2024 · In the years ahead, the fast-growing pet care markets in Southeast Asia will become more visible, not only within the Asia-Pacific region but also on a global scale. Canadian pet owner buying behavior. From 2018 to 2023, the industry’s market size grew at an average annual rate of 6. 2 billion ($207. Premium Statistic Leading pet food companies worldwide 2023, based on revenue Key market figures 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 global pet food market has exhibited a remarkable growth trajectory over the past few years at a CAGR of 5. , more than triple of its global peers. 8% per year on average between 2018 and 2023. pet industry is, here are some general facts you should know: The global pet industry 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 $500 Aug 9, 2024 · Market revenue of the pet food industry in China from 2018 to 2023, with estimates until 2028 (in billion yuan) Premium Statistic Market size of pet nutritional products China 2020-2023, by pet type The pet products industry worldwide is expected to reach a projected revenue of US$ 120,781. 92 billion in 2023 and is projected to reach usd 340. Base Year: 2023. households own a pet. Jun 13, 2023 · General pet industry statistics. 2% in 2022). 7% more than last year. Most viewed statistics. Employment in the pet food industry in Europe 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 Purchase the World Market for Pet Care Global Briefings as part of our Pet Care research for June 2024. A compound annual growth rate of 4. 4 billion in 2023 and is anticipated to grow at CAGR of 6. 3% of total revenues, driven by trends in pet humanization. 7M) pet care sector has doubled over the past 5 years, signaling significant market potential. May 29, 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 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. 5 million homes) own a pet. Feb 6, 2025 · In 2023, U. As of 2022, 70% of U. 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. 2023 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. , was the leading pet food company worldwide in 2023 based on revenue 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. 6B) by the next decade. The pet industry has been successful in the U. Leverage industry reports and risk ratings to mitigate the threats you can control and plan for the ones you can’t. Feb 10, 2025 · North America led the global pet food market in 2023, holding 39. Euromonitor International is the leading provider of strategic market research reports. 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. 66 billion in 2023 and is projected to grow from USD 259. This market was valued at $94. 97 million metric tons, respectively. S Feb 9, 2024 · On the other side of the pond, inflation in pet food in the US reached 10. Feb 10, 2025 · North America and Europe produced the highest amount of pet food in 2023, contributing 11. 8% for the next "Real insight on the state of pet healthcare now. 3 million by 2030. 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. 2 billion ($22. Oct 14, 2024 · The 2024 Global Pet Parent Study estimates the global pet population at around 1 billion. 6%. families owns an exotic animal as a pet; Pet Ownership Statistics. Continuing increases: France, UK May 23, 2025 · The global pet care market size was valued at USD 323. 57 billion. Global Pet Industry • 23 May 2025 Target relaunches private label pet accessories brand Mitigate risk with Industry research. 37 billion in 2024 to USD 427. Jul 9, 2024 · Automotive industry worldwide - statistics & facts; Tesla - statistics & facts; Top Report. 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 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. 01% during the forecast period. 8 billion (€127. 71 billion by 2029, growing at a cagr of 7. 8 billion in revenue. The $108 million (€103. The global pet care industry is forecasted to represent €191. 2023 Hotel industry worldwide - statistics & facts; Top Report. the global pet care market was valued at usd 226. Premium and local ingredients The pet food market in the Middle East is forecast to reach $4. Pet population in the Philippines 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. ” Jan 7, 2025 · The 20 Pet Industry Statistics. 9% CAGR to Rmb756. The rising trend of pet humanization and increased consumer spending on pet care products and veterinary services are the major growth drivers. As per the latest American Pet Products Association 2025 stats, 94 million U. Mar 21, 2025 · Explore a range of pet ownership statistics with our handy guide to 2024 and beyond. Food represents 51% of total spending 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. 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. According to the 2025 APPA National Pet Owners Survey as cited in APPA's 2025 State of the Industry Report, 94 million U. Of the 56% of respondents who own a cat or dog, 47% are first-time pet owners. 4% in April 2023 to just 3. [1] That’s up from 56% in 1988, pet ownership Pet industry expenditure in the United States reached over 147 billion U. General Pet Industry Statistics. households (90. 9 million U. pet stores will net a total of $31. Historical Data: 2017 to 2023. 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 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. 6% by June 2024, offering pet owners a reprieve. 5bn over 2022-30E and expect the sector to deliver a 2023-25E EPS CAGR of 28%, i. What’s been missing, though, is real insight on the state of pet healthcare now, several years post-pandemic, and what that grow Hotel industry worldwide - statistics & facts; Top Report. 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. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers Apr 21, 2021 · The largest shifts, in value terms, have been in pet nutrition. “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 May 26, 2025 · An overview of the pet industry in Norway in 2025, including the most recent statistics and trends. 2023 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. 196,000 Americans work in over 17,420 pet stores nationwide. 8B/€21. 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. Food is set to remain the biggest pet expense. households (71%) own a pet, while 86. The market grew 4. In 2018, the market’s revenue stood at USD 88. Global pet food segment. 94 May 23, 2025 · AgileIntel Research (ChemIntel360), Market value of polyethylene terephthalate worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in billion U. 32 Billion in 2022 and Crossed $246. households—about two-thirds or 66% of the population—owned a pet in 2023–2024. The pet industry is one of the most massive sectors of the American economy, with many more years of growth potential. 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