The global pet food market, valued at USD 112.3 billion in 2024, is projected to grow from USD 118.14 billion in 2025 to USD 142.6 billion by 2033, registering a robust CAGR of 5.2% during the forecast period (2025–2033). This significant growth is fueled by rising pet ownership, the trend of pet humanization, and the rapid expansion of e-commerce channels, according to a comprehensive analysis by Straits Research.
Get Free Sample Report : https://straitsresearch.com/report/pet-food-market/request-sample
Key Growth Drivers
Pet Humanization Fuels Demand
The growing trend of pet humanization, where pets are increasingly treated as family members, is a major driver of market growth. According to the American Pet Products Association (APPA), over 85 million U.S. households owned pets in 2019–2020, with dogs making up a significant portion. In China, pet adoption rates have surged, with 11.8% for dogs and 19.8% for cats in 2018, supported by organizations like Pet Form, which helped over 10,000 rescued pets find homes between 2011 and 2019. This shift has led to increased demand for premium and natural pet food products that prioritize health, nutrition, and quality.
E-Commerce Revolutionizes Pet Food Sales
The rise of e-commerce has transformed the pet food industry, making it one of the fastest-growing online categories. Leading brands like Mars Petcare have partnered with platforms such as Tmall, JD, and Amazon to capitalize on this trend. In developing markets like India, startups like BarkNBond are enhancing accessibility to pet-related products through innovative apps. The convenience of online shopping, coupled with increased internet penetration and innovative marketing strategies, is driving significant growth in pet food sales globally.
Rising Demand for Natural and Organic Pet Food
Consumer preference for natural and organic pet food is on the rise, driven by heightened awareness of pet health and environmental concerns. In the U.S., organic pet food sales grew from USD 5.4 billion in 2016 to USD 6.8 billion in 2019. Products like holistic cat and dog food, natural flea repellents, and organic pet treats are gaining traction as pet owners prioritize food safety and sustainability.
Regional Insights
-
North America: The largest market, expected to grow at a CAGR of 5.1%, driven by high pet ownership rates (67% of U.S. households) and increased spending on premium pet food. Key players like Old Mother Hubbard dominate with a strong online presence on platforms like Amazon and Petco.
-
Europe: The fastest-growing region, projected to reach USD 47,160 million by 2030 at a CAGR of 4.9%. Germany’s mature market, led by brands like Mars and Nestlé, sees strong demand for premium and dry pet food.
-
Asia-Pacific: The third-largest region, with China’s growing pet population (27.4 million pet dogs in 2018) and rising demand for organic products driving market expansion.
Market Challenges
Stringent regulations, such as China’s Announcement 20 (2018), which mandates import registration certificates for pet food, and increasing product recalls pose challenges to market growth. However, opportunities in natural and organic segments continue to offset these restraints.
Get Free Sample Report : https://straitsresearch.com/report/pet-food-market/request-sample
Market Segmentation
-
By Animal Type: Dogs lead with a projected CAGR of 5.3%, driven by global pet ownership trends.
-
By Product Type: Dry pet food dominates with a CAGR of 5.1%, favored for convenience and variety.
-
By Ingredient Type: Animal-derived ingredients hold the largest share, with human-grade pet food gaining popularity.
-
By Sales Channel: Specialized pet shops lead with a CAGR of 4.9%, driven by demand for personalized products.
-
By Pricing Type: The premium segment, with high-quality ingredients, holds the largest share at a CAGR of 5%.
Recent Developments
-
August 2022: Purina’s Beggin’ dog treats partnered with Walmart for a crowdsourcing campaign to vote on new flavors, engaging consumers directly.
-
June 2022: Purina-sponsored research highlighted the mental health benefits of therapy dogs.
-
April 2022: Purina’s studies showcased the positive impact of pets on families with autistic children.
Key Players
Leading companies in the pet food market include Mars Incorporated, Nestlé, Purina Pet Food, Nutriara Alimentos Ltda, Invivo NSA, Yamaha Pet Care, Colgate-Palmolive Company, JM Smucker, Wellpet LLC, Blue Buffalo, and Diamond Pet Foods.
About Straits Research
Straits Research is a leading market research firm providing actionable insights and detailed market analysis. For a comprehensive report scope, strategic insights, and data frameworks, visit Straits Research Pet Food Market.