Pet industry trends Apr 16, 2024 · On March 20-22, 2024, pet industry professionals from across the globe gathered at the Orange County Convention Center in Orlando, Florida, for the Global Pet Expo. , pet care, food, health, etc. Jan 23, 2025 · Australian Pets 1. Our team of category experts has analyzed major pet industry trends and the key drivers behind this impressive growth. 34 billion USD in 2021. Key players include: Oct 20, 2023 · Trends Highlighted at the Global Pet Expo What trends will define the pet care industry in 2024? There are a number of compelling trends pet businesses should be tracking going into 2024, including CBD supplements, personalized nutrition, pet tracking technology, sustainable toys, and pet probiotics. Pet Market Outlook, 2022-2023 by Packaged Facts. 6B) by the end of 2024, 4. Apr 21, 2021 · This is in tune with the average estimated CAGR of 6% for the global pet industry, which is estimated to reach a value of $343 billion (€292. State of the Pet Industry: Key Statistics. e. Pet Type Insights Nov 8, 2024 · This industry is experiencing a dynamic surge fueled by a growing pet population and the premiumization of products and services—a direct result of the continued humanization of pets. Mar 22, 2023 · The pet industry grows by 11. Pet ownership trends are evolving, with more people viewing their pets as integral family Mar 10, 2023 · There are several significant trends that are currently impacting the pet food industry and pet food brands. Mar 8, 2024 · Explore the dynamic shifts and emerging trends shaping the pet industry in 2024 and beyond. 2B) by the Jan 16, 2025 · These trends demonstrate a growing demand for pet care products, increases in pet ownership in general, and gradual shifts in which generations constitute pet industry consumers. 2 billion ($207. 50 billion by 2030. . What’s been missing, though, is real insight on the state of pet healthcare now, several years post-pandemic, and what that grow Sep 16, 2024 · GlobalPETS analyses a market report on the popularity of pet products and brands in the British pet industry. which account for an approximate share of 25% in 2023. Dec 14, 2023 · From pet ownership trends to consumer spending behaviors to the industry’s economic impact, APPA’s new report covers the gamut of the entire pet and pet nutrition industries. (2021). Understand the latest market trends and future growth opportunities for the Pet Care industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation. Pet Market Outlook, 2021-2022 by Packaged Facts, a leading provider of consumer market research and a division of MarketResearch. Access the Foremost Pet Owner Research. These trends are what’s happening now in the industry and these new companies are the ones exploiting 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. Mar 20, 2025 · The 20 Canada Pet Industry Statistics. 96 billion USD by 2029. The new Online Pet Supplies Report from Salience Search Marketing, a UK-based marketing agency, has analyzed trend patterns using historical search data to identify pet product trends in the online UK retail market. Key trends are clearly and succinctly summarised alongside the most current research data available. "Real insight on the state of pet healthcare now. ; The Canadian pet food market size was $3. 06% to reach USD 108. ), and PetSmart Inc. The global pet care market size was valued at USD 150. 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. Respondents include owners of dogs, cats, fish, horses, reptiles, birds and small mammals, that were at least 18 years old. It is projected to reach over $150 billion (€139B) in 2025 and closer to $200 billion (€185B) by 2030. The average pet-owning household spends $1,120 per year on their pets. Pet Subscriptions/Online Delivery. Value Hackers Responding to high inflation and escalating costs, consumers are resorting to cost-cutting behaviors, attempting to “outsmart the system” by adopting more creative approaches to stretch Nov 30, 2021 · The U. Feb 25, 2025 · Modern pet parents are stepping it up when it comes to their pets' overall wellness—and the pet industry is responding. Nutrition The largest shifts, in value terms, have been in pet nutrition. Nowadays, pet owners prefer dietary food items to avoid obesity & unexpected weight loss issues among their kids. These industries rake in millions of dollars each year. From specialty food trends to packaging strategies, explore the full analysis of today's evolving pet marketplace. The Pet industry consists of many significant branches. They could order everything from the comfort of their couch without needing to be around anyone and have it delivered straight to their door. ; 57% of UK households keep pets. pet industry had a record year and soared to $107 billion, according to the report U. Along with shifting consumer preferences and advances in technology, a deeper understanding of pet behavior and development is innovating our entire approach to pet care. 5 billion by 2025. Adapting for the future. Pet food and treats, vet care and supplies sale, pet insurance companies, accessories, etc. Here are the latest numbers. 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. Pet care is the top dog in the fast-moving consumer goods (FMCG) category – now and before COVID-19 – surpassing even grocery and dairy. Half of that revenue will be made in the United States. This 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. The US remains the biggest region in the global pet economy, with 40% of industry sales. Trends in pet food preferences. 6% by June 2024, offering pet owners a reprieve. Mar 22, 2024 · Pet industry expenditures remain strong over time. Pet grooming services hold 10%, growing due to rising demand for pet wellness, hygiene, and luxury grooming experiences. 67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. Jul 12, 2024 · Spending growth in the pet industry could reach 7% annually by 2030, after below-average growth of 2. The policies of the new Trump administration have cast a cloud of uncertainty over the US economy that makes navigating the pet industry waters – already uncertain due to high prices and stagnant pet population growth – all the more challenging in 2025. The key industry players are consistently involved in creating new opportunities in the veterinary industry. Most trends in the past year were in line with those previously witnessed by the industry. Predictions show that the pet grooming industry will increase to $14. Two (2) corporations consume 49% of the pet industry’s market share. (Colgate Palmolive Company), Mars Incorporated, Nestle Purina PetCare (Nestle S. This included 1,000+ product launches Nov 27, 2023 · Value Hackers, Delightful Distractions and Wellness Pragmatists are among the global consumer trends shaping the Pet Care market in 2024. The data cited in this video discussion is drawn from the recent report U. Said APPA President and CEO Pete Scott, "The pet industry continues to demonstrate resilience, even amid economic uncertainty. The White Paper uses data to understand pet ownership consumption, records industrial development, fully displays industry changes, and shares consumption trends in pet-keeping. Health and nutrition are critical 2024 trends, as well as sustainability and searching for quality at a lower price. Presented by the American Pet Products Association (APPA) and the Pet Industry Distributors Association (PIDA), the exhibit floor showcased 1,100+ companies, including 300 first-time exhibitors. Due to COVID-19 in 2020, more people than ever relied on online shopping and subscription services to get what they needed. 77 billion in 2025 and grow at a CAGR of 5. Access Insights Jan 7, 2025 · The increasing pet spending trends are not limited to food and treats; the growing number of pet industry trends has branched out to pet health and wellness, grooming, and Apr 10, 2024 · The pet industry is doing fantastic in 2024 so far. Jan 13, 2025 · The 15 Pet Industry Statistics in the UK. Despite the economic setbacks associated with the COVID-19 pandemic, the U. 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. According to Michigan State University, the pet industry had an overall economic contribution in 2023 of $303 billion, an increase of 16% Aug 19, 2024 · Learn about the latest data and trends on pet ownership, spending, services, and products in the US and global markets. 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. 5 million dogs and 12. Nov 22, 2024 · A bigger pet population and continued humanization could push this up to over $500 billion (€463B) by 2030. (Pet Food Industry) Australia really loves its pets, and the country has an estimated pet population of 30 million animals. Therefore, the increasing prevalence of obesity among pet dogs & cats will offer newer industry growth opportunities. ; The number of pets in the UK rose 9% between 2022 and 2023 Pet Industry Trends for 2022 as customer preference for shopping for pet products on ecommerce sites is estimated to grow at 9. In addition, Packaged Facts has published a variety of other pet industry market research reports that may interest you including: The pet grooming market is on a good path to become one of the most important pet industry trends in 2024. Subscription Models are gaining popularity, with 17% of dog owners and 13% of cat owners embracing The United States Pet Market is expected to reach USD 84. 1. ), and are fueled Low shedding and inadequate grooming can lead to hair matting and further problems. The pet industry is changing with consumer demand for tailored pet food, holistic wellness options, and tech-enabled pet products. Jan 31, 2025 · An overview of the pet industry in the United States in 2024, including the most recent statistics and trends. Jul 28, 2022 · The Impact of pet inflation trends on pricing ; Share of U. 5 million cats in the UK. Find out how much people are willing to spend on their furry friends and what are the fastest-growing segments of the pet industry. What’s been missing, though, is real insight on the state of pet healthcare now, several years post-pandemic, and what that grow 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. Globally, the pet industry is worth $232 billion. In 2023, the pet industry supplied an overall economic contribution of US$303 billion, an increase of 16% from US$260 billion in 2022. com. A. Pet Supplies Live Animals & OTC Medicine: Pet Supplies and OTC Meds are based on data provided by Nielsen Scan, Rakutan Intelligence and Packaged Facts. Who Shaped the Year. 2-in-3 American households include at least one pet. May 2, 2023 · Global Pet Expo is the largest pet industry trade show in the world and the place where pet industry professionals gather to showcase their new products, network, attend educational seminars and Aug 6, 2024 · Now conducted annually, the APPA National Pet Owners Survey will monitor consumer habits, identify short- and long-term trends and discover new opportunities in pet ownership, pet product and service consumption across four APPA Research Insights Reports produced quarterly, including State of the Industry, Dog & Cat, Fish & Reptiles and Horse Oct 28, 2023 · The pet industry continues to evolve rapidly, with new trends emerging that cater to the ever-changing needs of pet owners and their furry companions. 现正式发布由派读宠物行业大数据平台整理译制的《2023~2024年中国宠物行业白皮书（消费报告）》英文版，满足全球宠物行业 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 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. Here are 9 significant trends in the pet industry for 2023 and beyond, reflecting how our relationship with pets is becoming more sophisticated and integrated into our lifestyles. pet grooming services industry over the forecast period. 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. Jan 2021; R Roberts; Roberts, R. Pet Industry Statistics Apr 26, 2024 · Learn about the pet population, ownership trends, and concerns about pet care costs. Feb 5, 2025 · Pet Care Inflation declined from a peak of 15. total sales in-store vs online ; A new finding in pet health and wellness trends due to the impact of inflation; Discover the marketplace views and data that can help pet care brands understand the latest consumer purchase trends in our new Q2 2022 Pet Trends Report. Shifting Inclination Toward Dietary Food Items to Accelerate Market Expansion. Frequent visits to grooming service providers by pet owners who own dogs and cats with low shedding characteristics and quick-growing coats are anticipated to fuel the growth of the U. ” UPDATE: For the most recent information, please see our new article covering pet industry trends for 2024. 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. 5. pet industry has been an investor favorite for years, but 2020 only intensified its appeal. Jan 1, 2022 · Pet industry TRENDS, growth & statistics in 2021 and Beyond: Unleashing your Ecommerce Pet marketing strategies. May 19, 2022 · Of course, we want the pet population to increase, but it’s almost a moot point. There are approximately 30 million pets in Australia. 4% — a sizable increase over its already 13% market share. 9% in 2025. M. Nestle SA (Purina), Colgate Pamolive (Hill’s Pet Nutrition), The J. 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. Dec 9, 2020 · Read on to discover more about the latest statistics and trends in the pet industry! Pet Industry Market Size. Mar 24, 2023 · BI finds that positive trends in the largest pet industry category, alongside elevated levels of stickiness as pet owners continue to be reluctant to switch diets for their pets, may allow the "Real insight on the state of pet healthcare now. The growing pet population in the United States The American dream: a happy way of living wouldn’t be complete without a pet. Jan 29, 2024 · This data pointed out that pet parents worldwide are increasingly worried about their pets’ health and are searching for ways to personalize their diets: premium, fresh and tailored nutrition are among the top searches. According to IBIS World, the pet industry’s market size, measured by Global pet industry PETS International | May 2021 58 Global developments and trends in the pet industry Despite significant and enduring market shifts due to the COVID-19 pandemic, the global pet industry is expected to adapt and grow at a CAGR of 6% in the coming decade. pet market amounted to a staggering $147 billion in 2023. 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 · Pet Care Market Trends. Smucker Company, Mars Inc and WellPet are the major companies operating in this market. 1% from 2022 to 2030. 5% projected in 2024 and 3. Jun 12, 2023 · What Are The Latest Pet Industry Trends For 2023? The latest pet industry trends for 2023 include a focus on pet health and wellness, increased demand for natural and organic pet products, and a growing interest in sustainable and eco-friendly pet products. 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. Economic Uncertainty Adds to Pet Industry Challenges in 2025. 7% more than last year. Fresh and Raw Diets: 16% of dog owners and 12% of cat owners now opt for fresh pet food. The Canadian pet food market is expected to grow to 5. As pet owners’ needs and priorities for their furry family members evolve, new trends emerge, offering valuable insight into where this industry is heading and identifying areas with potential for significant growth. ; The Canadian Nov 27, 2018 · The pet industry has seen explosive growth, especially among young, independent brands. Stay ahead of the curve by delving into the realm of plant-based diets for pets and the To get started, here are some statistics to sum up the current state of the pet industry. Jan 2, 2025 · The multi-billion-dollar global pet care industry continues to grow, bringing about changes in consumer behavior. Feb 13, 2025 · The 7 Top Pet Industry Trends This Year 1. Pet industry TRENDS, growth & statistics Pet Industry Trends: Pet Spending Statistics in 2024 In the US, over 66% of households own a pet and collectively spend over $136 billion per year! Pet spending has increased nearly every year for the last several decades and there’s no sign of it slowing down. 6% every year. US and Europe snapshot. The question is: which trends will drive this growth? Pet Ownership Trends. 7 billion) by 2030. Oct 25, 2024 · Discover key 2024 pet industry trends: $83B+ market insights, omnichannel growth, and Gen Z's impact on pet care. These trends often appear within the specific markets that make up the pet industry (i. 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. 4% in April 2023 to just 3. 2 billion ($152. Apr 18, 2024 · The global pet care industry is forecasted to represent €191. There are 13. Top players operating in the pet care industry include Hill’s Pet Nutrition, Inc. " Google “pet healthcare trends” and you’ll find no shortage of articles and “data” highlighting our industry’s exponential growth. Where to Learn More. Mar 26, 2025 · 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 across each generation. S. Overall, pet food brands that can meet the growing demand for natural, sustainable, personalized, and alternative protein sources, while also leveraging the benefits of eCommerce, are likely to be successful in the coming years. okvnlhboqfbdlvjgmgjianndqiieqltgebilouptubfygotfngyhkylbghndosliwhgsrgxhj