Pet industry statistics 2023 worldwide.

Pet industry statistics 2023 worldwide The pet industry is one of the most massive sectors of the American economy, with many more years of growth potential. 66 billion in 2023. com! Skip to main content. 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. This success comes from the profits driven by pet food, toys, healthcare, and more. 8% in 2023 (up from 10. 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）》。 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 2024, up 0. 8% for the next 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. (Bloomberg Intelligence) It may be no surprise how much the global pet market is worth. 01% during the forecast period. Pet parents’ expenditure rose to an estimated A$33. Pet food sales worldwide from 2010 to 2023 (in billion U. 7 billion (€3. 9 billion U. 2% in 2022 to 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. Mar 22, 2023 · Pet Industry Statistics. 69 billion in 2023. 2% in 2022). and around the world for some times now. 4% CAGR. 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). Cutting down on non-essentials 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. ; The South African pet 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. Jan 13, 2025 · Global Pet Food Market Overview Global Pet Food Market Size Statistics. households—about two-thirds or 66% of the population—owned a pet in 2023–2024. 4% in April 2023 to just 3. 75 billion by 2032, exhibiting a CAGR of 6. To dive into just how successful the global and U. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers 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. The rising trend of pet humanization and increased consumer spending on pet care products and veterinary services are the major growth drivers. Nestlé Purina PetCare, headquartered in the U. 37 billion in 2024 to USD 427. 8% between 2024 and 2032, driven by growing pet adoption across the globe. Americans are responsible for 44. ; The pet population increased just over 1% between 2022 and 2023. 2 billion(€80. Jul 1, 2024 · The German pet industry is one of Europe’s largest markets, generating €7 billion in 2023, a 9. 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 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. 67 Purchase the World Market for Pet Care Global Briefings as part of our Pet Care research for June 2024. Bureau of Labor Statistics) Feb 9, 2024 · On the other side of the pond, inflation in pet food in the US reached 10. 4 billion in 2023 and is anticipated to grow at CAGR of 6. 2023 Mar 4, 2025 · The 15 South Africa Pet Industry Statistics. “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 Sales of pet food worldwide 2010-2023; Pet market size China 2015-2025; Number of new pet-related companies China 2014-2023; Share of pet industry China 2023, by segment; Pet product sales revenue Oct 1, 2024 · Discover all statistics and data on Pet industry in Thailand now on statista. 3%. 2 billion (€80. Let's break down some of the numbers so you can see just how pawsitively successful it is: Global Pet Industry Valuation. Food represents 51% of total spending the COVID-19 pandemic, the global pet industry is expected to adapt and grow at a CAGR of 6% in the coming decade. (Market Data Forecast) People adore their pets, so it’s natural they want to provide the best possible pet insurance there is . 1% from 2022 to 2030. 3 billion (compared to €2 billion in 2022). 4B) in 2023. Continuing increases: France, UK The global pet care market was valued at USD 226. The global pet food market is growing annually Apr 14, 2025 · The global pet care market size was valued at USD 246. 92 billion in 2023 and is projected to reach USD 340. Nutrition The largest shifts, in value terms, have been in pet nutrition. Apr 26, 2024 · Pet market size in Australia. is the nation’s largest pet store; its 2024 revenue will total over $6. 48 billion (€4. 66 billion in 2023 and is projected to grow from USD 259. pet industry expenditure 1994-2024 Jul 9, 2024 · Sales of pet food worldwide 2010-2023; Pet market size China 2015-2025; Number of new pet-related companies China 2014-2023; Share of pet industry China 2023, by segment; Pet product sales revenue Jan 8, 2025 · Overall Market of Pet Industry Trends 1. 2023 Jul 4, 2024 · Sales of pet food worldwide 2010-2023; Pet market size China 2015-2025; Number of new pet-related companies China 2014-2023; Share of pet industry China 2023, by segment; Pet product sales revenue 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. alone, pet owners spent USD 136. Trends in pet food preferences Fresh and Raw Diets: 16% of dog owners and 12% of cat owners now opt for fresh pet food . 92 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9. 97 million metric tons, respectively. The global pet market is worth $246 billion. 2023 Feb 10, 2023 · The data company estimates that Filipino pet parents spent $124 million on pet food in 2022, an increase of 16. 8 billion in revenue. Jan 16, 2025 · To get started, here are some statistics to sum up the current state of the pet industry. Euromonitor International is the leading provider of strategic market research reports. Base Year: 2023. 91 billion, and by the end of 2019, it had increased to USD 98. Jan 7, 2025 · The 20 Pet Industry Statistics. Canadian pet owner buying behavior. 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. S. While some markets may lag, statistics indicate that economic downturns do little damage to the industry as a whole. United States and the import and export of pet products. Feb 6, 2025 · In 2023, U. S Apr 21, 2021 · The largest shifts, in value terms, have been in pet nutrition. We can witness an upward trend, as 70% of Apr 25, 2015 · Global Pet Industry • 1 May 2025 Colgate-Palmolive’s sales slip amid tariffs, shaky consumer confidence Hill’s was a bright spot in a challenging Q1 2025, with pricing increases driving growth. Jun 13, 2023 · General pet industry statistics. pet industry expenditure 1994-2024; Pet food processing market value in Dec 12, 2024 · Automotive industry worldwide - statistics & facts; Tesla - statistics & facts; Top Report. The global pet care market size was valued at USD 304. , was the leading pet food company worldwide in 2023 based on revenue Dec 10, 2024 · Europe and North America were the front runners in global pet food production in 2023 - both regions produced about 11 million metric tons in that year. 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. Nov 22, 2024 · Pet Industry Statistics. 2023 The global pet care market size was valued at USD 150. Sales of pet food worldwide 2010-2023. Pet food sales worldwide from 2010 to 2023 (in Dec 9, 2020 · Pet industry trends from 2020 report the global pet insurance industry reached $3. families owns an exotic animal as a pet; Pet Ownership Statistics. 166,000 Americans work in over 17,480 pet stores nationwide. This would be an increase of almost 40 billion dollars since 2019. May 6, 2024 · Leading global pet food companies based on revenue growth 2022-2023; Pet food production worldwide 2023, by region; U. During the forecast period 2023 to 2033, global pet food sales are likely to soar at 6. Feb 10, 2025 · North America and Europe produced the highest amount of pet food in 2023, contributing 11. E-commerce pet food sales data powered by NielsenIQ Ecommerce Measurement. 8B/€21. According to the report of FMI, the global pet food market industry size is expected to reach USD 117. More than half (51%) of millennials buy gifts for their pets. In 2023, year-end sales of pet food worldwide were forecast to reach 133. Feb 10, 2025 · North America led the global pet food market in 2023, holding 39. 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. 3B) in 2022. 2023 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 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. The pet industry is changing with consumer demand for tailored pet food, holistic wellness options, and tech-enabled pet products. 5 billion (compared to €4 billion in 2022) with cat food making up the largest share, at €2. 3 million by 2030. Feb 5, 2025 · Pet Care Inflation declined from a peak of 15. U. In 2023, there was an 16% increase in pet food sales Below, we report on the pet ownership statistics by species-type and by generational segment. Pet owners have gravitated towards healthy pet foods 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. 02B) in retail sales by 2025, with an annual increase of 7. Forecast Period: 2024-2032. Pet products and services are among the fastest-growing industries in the United States. The United States plays a significant role in the global pet product market, acting as both a major importer and exporter. 2 percent during the forecast period of 2023 to 2030. 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. The shift towards online shopping has accelerated, with retailers like Amazon Canada and Chewy entering The global pet services market size was valued at USD 24. 7% from 2023. Pet food industry worldwide 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. 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. 26 billion U. 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. 6% is expected of the worldwide pet products industry from 2023 to 2030. 2 billion ($22. View Report. 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. This market was valued at $94. 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. As per the latest American Pet Products Association 2025 stats, 94 million U. 4 billion) in 2020. pet industry expenditures reached $147 billion (American Pet Products Association) Pet Industry Careers Statistics. Apr 25, 2025 · Almost 1 in 10 U. In 2018, the market’s revenue stood at USD 88. 57 billion. The global pet market today is worth roughly $320 billion. Aug 19, 2024 · The global pet market industry was valued at $246. ; 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%. 71 billion by 2029, growing at a CAGR of 7. 7% of the global pet market. The value of the pet tech market in 2022 was $5 billion. People in the USA spent $89 billion on their pets in 2023. households (71%) own a pet, while 86. North America dominated the pet care market with a market share of 33. The growth is primarily driven by the pet food segment, which alone accounts for €4. The pet industry has been successful in the U. Petsmart, Inc. Source information: Pet Food & Treats: Source: Nielsen Scan: Nielsen IQ Scan – 52 Weeks ending 12/31/2024 for xAOC and Total Pet Retail. 1 billion ($384,075,494) in 2023. This marks the end of a 3-year increase driven by the pet industry’s pandemic boom. Premium and local ingredients The pet food market in the Middle East is forecast to reach $4. S The global pet care market size was valued at USD 304. State of the Pet Industry: Key Statistics. 6% last year, according to the Bureau of Labor Statistics (BLS). Now,the"2023~2024 China Pet Industry White Paper (Consumption Report)" compiled and translated by Petdata is officially released to meet the needs of global pet industry professionals. Industry Reports Jan 27, 2025 · The global PET market is expected to reach a value of 43. 9 million U. 45% during the forecast period. dollars by 2029, registering a CAGR of 3. The global pet food market has exhibited a remarkable growth trajectory over the past few years at a CAGR of 5. The pet products industry worldwide is expected to reach a projected revenue of US$ 120,781. Historical Data: 2017 to 2023. The pet market was worth R7. From 2018 to 2023, the industry’s market size grew at an average annual rate of 6. China’s focus on pet humanization, sustainability and innovation is expected to shape future trends. Worldwide, the pet industry is rolling in at a whopping $222. This is attributed to more people owning pets worldwide as well as more premium options being available for pet food and other goods. 6% by June 2024, offering pet owners a reprieve. The market grew 4. In the U. 21% from 2023 to 2030. Read more Dec 4, 2024 · How big is the pet industry in Canada? In 2023, the pet stores industry in Canada generated $3. 2023 Hotel industry worldwide - statistics & facts; Top Report. 21 billion. Apr 14, 2025 · The global pet care market size was valued at USD 246. Pet May 29, 2024 · Premium Statistic Pet food production worldwide 2023, by region Premium Statistic U. As of May 2023, the median annual wage was $31,200 for animal caretakers and $38,810 for animal trainers (U. Price hikes in pet supplies decreased from 9. Market Oct 11, 2023 · Future Market Insights is the company offering the second highest forecast. 8% per year on average between 2018 and 2023. 8 billion on their pets in 2022, marking a substantial increase from the previous year. Pet food sales worldwide from 2010 to 2023 (in 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. pet stores will net a total of $28. According to IBIS World, the pet industry’s market size, measured by revenue, was $3. . Based on data from 2018 to 2023, the pet care industry is in a good spot—in fact, it’s on an upward trajectory. 81% in 2023. 3% against 2021. 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. 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. 34 million metric tons and 10. Retailers currently have much more focused consumer-related data than manufacturers, allowing them to personalize their products and services. General Pet Industry Statistics. 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. dollars. 3% of total revenues, driven by trends in pet humanization. 5% increase from 2022. 8% between 2024 and 2032. Here is some Pet Care Market Growth Data: Americans spent $147 billion on their pets in 2023. A compound annual growth rate of 4. 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 · Discover all statistics and data on Pet industry in China now on statista. dtkbe johp arwagdt jpip lrn phslbp yxb zjgq xkhjhm bcw epay fbnag qdgfk afvg ewddaj