The global pet care market size was exhibited at USD 159.05 billion in 2022 and is projected to hit around USD 264.06 billion by 2032, growing at a CAGR of 5.2% during the forecast period 2023 to 2032.
Key Pointers:
Pet Care Market Report Scope
| Report Coverage | Details |
| Market Size in 2023 | USD 167.32 Billion |
| Market Size by 2032 | USD 264.06 Billion |
| Growth Rate From 2023 to 2032 | CAGR of 5.2% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Pet type, Type |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Regional Scope | North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa |
| Key Companies Profiled | Ancol Pet Products Limited; Blue Buffalo Co., Ltd.; Champion Petfoods LP; Hill`s Pet Nutrition, Inc.; Mars, Incorporated; Nestle Purina PetCare; Petmate Holdings Co; Saturn Petcare GmbH; Tail Blazers; The Hartz Mountain Corporation |
The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers. People are also adopting little pets (cats, dogs, etc.) Since they are easier to humanize and indulge than larger pets. As a result, people are willing to spend more to ensure their pets get the best care. Hence, pet care products such as feeders, bowls, and waterers have become more popular.
The pet sector has been exploding in recent years. According to the American Pet Products Association, about 85 million homes own a pet, with pet ownership increasing from 56 % to 68 % in the last 30 years. Technology and the introduction of internet purchases have contributed to some of the changes in pet ownership.
Many people were forced to stay at home for an extended amount of time as a result of COVID-19's impacts, whether owing to shelter-in-place orders or work-from-home advice. Soon after this increased time spent at home, and pet shelters recorded an increase in adoptions and fostering.
However, the majority of the expansion is due to cultural shifts. As millennial and Generation Z consumers have grown into adulthood, they have embraced their pet-owning and pet-loving lives significantly more than their predecessors. In 2020, households headed by the younger generation account for roughly 60% of pet ownership, whilst households headed by baby boomers account for about 30% of pet ownership.
Furthermore, pet owners are demonstrating a strong desire to learn more about pet health issues. They are promoting companion animal preventive care. As a result, responsible pet ownership has been increasingly popular in recent years. This is also a crucial trend that is driving pet care product sales and, as a result, the pet care industry.
Moreover, people are making lifestyle upgrades to mark their share in reducing the ecological footprint in daily lives which includes pet products too. A significant share of pet accessories is made with more sustainable and recyclable materials instead of plastics. For instance, in February 2022, Neo Bites became the first Carbon-negative dog food company in the U.S.
Some of the prominent players in the Pet Care Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Pet Care market.
By Pet Type
By Type
By Region
Chapter 1. Methodology and Scope
1.1. Market Segmentation& Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Nova one advisor’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Pet Type Outlook
2.3. Type Outlook
2.4. Regional Outlook
Chapter 3. Pet care market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Impact of COVID-19 on the Pet Care Market
3.4. Industry Value Chain Analysis
3.4.1. Sales/Retail Channel Analysis
3.4.2. Profit Margin Analysis
3.5. Market Dynamics
3.5.1. Driver Impact Analysis
3.5.2. Restraint Impact Analysis
3.5.3. Industry Challenges
3.5.4. Industry opportunities
3.6. Business Environment Analysis
3.6.1. Industry Analysis - Porter’s Five Forces
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.7. Roadmap of Pet Care Market
3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Pet care market: Gender Estimates & Trend Analysis
5.1. Pet Type Movement Analysis & Market Share, 2023 & 2032
5.2. Dog
5.2.1. Market estimates and forecast, 2020 - 2032
5.3. Cat
5.3.1. Market estimates and forecast, 2020 - 2032
5.4. Fish
5.4.1. Market estimates and forecast, 2020 - 2032
5.5. Bird
5.5.1. Market estimates and forecast, 2020 - 2032
5.6. Others
5.6.1. Market estimates and forecast, 2020 - 2032
Chapter 6. Pet care market: Type Estimates & Trend Analysis
6.1. Type Movement Analysis & Market Share, 2023 & 2032
6.2. Products
6.2.1. Market estimates and forecast by types, 2020 - 2032
6.2.2. Pet Litter
6.2.2.1. Market estimates and forecast by pet litter, 2020 - 2032
6.2.3. Pet Grooming Products
6.2.3.1. Market estimates and forecast by pet grooming products, 2020 - 2032
6.2.4. Fashion, Toys, and Accessories
6.2.4.1. Market estimates and forecast by fashion, toys, and accessories, 2020 - 2032
6.3. Pet Food
6.3.1. Market estimates and forecast by pet food, 2020 - 2032
6.3.2. Dry Food
6.3.2.1. Market estimates and forecast by dry food, 2020 - 2032
6.3.3. Wet/ Canned Food
6.3.3.1. Market estimates and forecast by wet/ canned food, 2020 - 2032
6.3.4. Treats/Snacks
6.3.4.1. Market estimates and forecast by treats/snacks, 2020 - 2032
Chapter 7. Pet care market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2023 & 2032
7.2. North America
7.2.1. Market estimates and forecast, 2020 - 2032
7.2.2. Market estimates and forecast, by pet type,2020 - 2032
7.2.3. Market estimates and forecast, by type,2020 - 2032
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2020 - 2032
7.2.4.2. Market estimates and forecast, by pet type,2020 - 2032
7.2.4.3. Market estimates and forecast, by type,2020 - 2032
7.3. Europe
7.3.1. Market estimates and forecast, 2020 - 2032
7.3.2. Market estimates and forecast, by pet type,2020 - 2032
7.3.3. Market estimates and forecast, by type,2020 - 2032
7.3.4. U.K.
7.3.4.1. Market estimates and forecast, 2020 - 2032
7.3.4.2. Market estimates and forecast, by pet type,2020 - 2032
7.3.4.3. Market estimates and forecast, by type,2020 - 2032
7.3.5. France
7.3.5.1. Market estimates and forecast, 2020 - 2032
7.3.5.2. Market estimates and forecast, by pet type,2020 - 2032
7.3.5.3. Market estimates and forecast, by type,2020 - 2032
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2020 - 2032
7.4.2. Market estimates and forecast, by pet type,2020 - 2032
7.4.3. Market estimates and forecast, by type,2020 - 2032
7.4.4. China
7.4.4.1. Market estimates and forecast, 2020 - 2032
7.4.4.2. Market estimates and forecast, by pet type,2020 - 2032
7.4.4.3. Market estimates and forecast, by type,2020 - 2032
7.4.5. India
7.4.5.1. Market estimates and forecast, 2020 - 2032
7.4.5.2. Market estimates and forecast, by pet type,2020 - 2032
7.4.5.3. Market estimates and forecast, by type,2020 - 2032
7.4.6. Japan
7.4.6.1. Market estimates and forecast, 2020 - 2032
7.4.6.2. Market estimates and forecast, by pet type,2020 - 2032
7.4.6.3. Market estimates and forecast, by type,2020 - 2032
7.5. Central & South America
7.5.1. Market estimates and forecast, 2020 - 2032
7.5.2. Market estimates and forecast, by pet type,2020 - 2032
7.5.3. Market estimates and forecast, by type,2020 - 2032
7.5.4. Brazil
7.5.4.1. Market estimates and forecast, 2020 - 2032
7.5.4.2. Market estimates and forecast, by pet type,2020 - 2032
7.5.4.3. Market estimates and forecast, by type,2020 - 2032
7.6. Middle East & Africa
7.6.1. Market estimates and forecast, 2020 - 2032
7.6.2. Market estimates and forecast, by pet type,2020 - 2032
7.6.3. Market estimates and forecast, by type,2020 - 2032
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2021
Chapter 9. Company Profiles
9.1. Ancol Pet Products Limited
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Blue Buffalo Co., Ltd.
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. Champion Petfoods LP
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Hill`s Pet Nutrition, Inc.
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Mars, Incorporated
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Nestle Purina PetCare
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Petmate Holdings Co.
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Saturn Petcare GmbH
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Tail Blazers
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. The Hartz Mountain Corporation
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers