Pet Food Market by Animal Type (Birds, Cats, Dogs, Other Animal Types), Product Type, Ingredient Type, Sales Channel, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030

Pet Food Market Size
The global pet food market size was valued at $108.26 billion in 2024 and is projected to reach $143.43 billion by 2030, growing at a CAGR of 4.8% during the forecast period.

Pet Food Market Overview
Pet food is a specialized nutritional product for domesticated animals, carefully crafted to fulfill their nutritional needs with essential components such as meat, grains, cereals, meat by-products, vitamins, and minerals. This specialized food is conveniently accessible in supermarkets, hypermarkets, and pet stores, offering a diverse range of formulations customized for various types of animals, including cats, dogs, fish, and other pets. Developed to address the unique dietary requirements of different animals, pet food plays a crucial role in ensuring the well-being and health of cherished animal companions. The availability of such tailored nutrition in mainstream retail outlets underscores the importance of providing optimal nutritional choices for pets across diverse species.

Pet Food Market Dynamics
• The pet food market is expected to witness significant growth in the future due to the growing pet ownership rates globally, rising awareness about pet health and nutrition, and increasing demand for premium and organic pet food products.
• Additionally, the expansion of online retail channels for pet food sales, innovations in pet food formulations and flavors, and emerging markets with rising disposable incomes are the prominent factors driving the growth of the pet food market.
• However, the fluctuations in raw material prices and concerns about food safety and product recalls are restraining the market growth.
• On the contrary, the personalization and customization trends in pet food, expansion of veterinary recommendations for specialized diets, and increasing focus on sustainable and eco-friendly pet food options are creating opportunities for market growth.

By Animal Type, the Dog segment is anticipated to have a Significant Growth Rate in the Pet Food Market
The dog segment is expected to experience notable growth in the pet food market during the forecast period. Dogs are among the most popular pets globally, with millions of households keeping them as companions. Additionally, pet owners increasingly view their dogs as integral members of their families, leading to a heightened emphasis on providing them with high-quality nutrition. This trend towards humanizing pets has spurred a demand for pet food products that mimic human-grade ingredients and nutritional standards. Furthermore, pet owners are becoming more conscientious about their dogs' health and wellness, seeking out specialized diets tailored to address specific dietary needs or health conditions. With advancements in pet nutrition research and an expanding array of product offerings catering to diverse dietary preferences and requirements, the dog segment of the pet food market continues to experience robust growth.

By Geography, North America is expected to be the Fastest Growing Region in the Pet Food Market
North America is projected to exhibit the most rapid growth due to the notable prevalence of pet ownership across the region, with a large portion of households welcoming one or more pets. This trend is bolstered by cultural perspectives that regard pets as essential family members, prompting higher expenditures on their welfare, particularly regarding nutrition. Additionally, there is a growing recognition among pet owners regarding the importance of offering top-tier and specialized nutrition to ensure their pets' health and longevity. This awareness has prompted a shift towards premium and specialized pet food options, including organic, natural, and functional varieties. Moreover, the North American pet food market benefits from a well-established distribution network, encompassing various retail channels such as pet specialty stores, supermarkets, e-commerce platforms, and veterinary clinics. This extensive distribution infrastructure ensures convenient access to a wide range of pet food products. Furthermore, continuous innovation in pet food formulations and packaging, tailored to address specific dietary requirements and preferences of pets, further drives demand across the region.
• According to the American Pet Products Association (APPA), in 2021, Americans spent a total of USD 123.6 billion on various expenses related to pets, encompassing purchases such as pet food and treats, supplies, veterinary care, and other pet-related expenditures. Notably, the highest portion of this expenditure, totaling USD 50.0 billion, was dedicated to pet food and treats alone, marking the most significant sales category within the U.S. pet market for that year.

Key Target Audience:
• Pet Food Manufacturers
• Pet Owners
• Veterinarians
• Animal Welfare Organizations

List of the Key Players Profiled in the Report Includes:
• The J.M. Smucker Company
• Nestle Purina
• Mars, Incorporated
• LUPUS Alimentos
• Total Alimentos
• Hill’s Pet Nutrition, Inc.
• General Mills Inc.
• WellPet LLC
• The Hartz Mountain Corporation
• Colgate-Palmolive Company
• Diamond Pet Foods
• Heristo AG

Recent Developments:
• In March 2024, Nestle Purina's pet specialists announced a collaboration with Petzey, a mobile app offering on-demand pet telehealth and wellness services. Together, they aim to enhance access to high-quality veterinary care, catering to the needs of busy pet owners across the United States.

Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Animal Type:
• Birds
• Cats
• Dogs
• Other Animal Types

Market by, Product Type:
• Dry Pet Foods
• Wet Pet Foods
• Veterinary Diets
• Treats and Snacks
• Organic Products

Market by, Ingredient Type:
• Animal-Derived
• Plant-Derived
• Cereals & Cereal Derivatives
• Other Ingredient Types

Market by, Sales Channel:
• Specialized Pet Shops
• Internet Sales
• Hypermarkets
• Other Sales Channels

Market by, Geography:
The pet food market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Scope of the Report:
The report “Global Pet Food Market: Industry Analysis, Opportunities and Forecast up to 2030” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.
The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:
• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the pet food market.
• Analysis of the pet food market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the pet food market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the pet food market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the pet food market.

Table Of Content

1 Market Introduction          
    1.1 Market Definition       
    1.2 Research Scope and Segmentation     
    1.3 Stakeholders       
    1.4 List of Abbreviations      
              
2 Executive Summary           
             
3 Research Methodology          
    3.1 Identification of Data      
    3.2 Data Analysis       
    3.3 Verification       
    3.4 Data Sources       
    3.5 Assumptions       
             
4 Market Dynamics           
    4.1 Market Drivers       
    4.2 Market Restraints       
    4.3 Market Opportunities      
    4.4 Market Challenges       
             
5 Porter's Five Force Analysis          
    5.1 Bargaining Power of Suppliers      
    5.2 Bargaining Power of Buyers      
    5.3 Threat of New Entrants      
    5.4 Threat of Substitutes      
    5.5 Competitive Rivalry in the Market     
             
6 Global Pet Food Market by, Animal Type         
    6.1 Overview       
    6.2 Birds        
    6.3 Cats        
    6.4 Dogs        
    6.5 Other Animal Types       
             
7 Global Pet Food Market by, Product Type        
    7.1 Overview       
    7.2 Dry Pet Foods       
    7.3 Wet Pet Foods       
    7.4 Veterinary Diets       
    7.5 Treats and Snacks       
    7.6 Organic Products       
             
8 Global Pet Food Market by, Ingredient Type        
    8.1 Overview       
    8.2 Animal-Derived       
    8.3 Plant-Derived        
    8.4 Cereals & Cereal Derivatives      
    8.5 Other Ingredient Types      
             
9 Global Pet Food Market by, Sales Channel        
    9.1 Overview       
    9.2 Specialized Pet Shops      
    9.3 Internet Sales       
    9.4 Hypermarkets       
    9.5 Other Sales Channels      
             
10 Global Pet Food Market by, Geography         
    10.1 Overview       
    10.2 North America       
           10.2.1 US 
           10.2.2 Canada 
           10.2.3 Mexico  
    10.3 Europe        
           10.3.1 Germany 
           10.3.2 France 
           10.3.3 UK 
           10.3.4 Italy 
           10.3.5 Spain 
           10.3.6 Rest of Europe
    10.4 Asia Pacific       
           10.4.1 China 
           10.4.2 Japan 
           10.4.3 India 
           10.4.4 South Korea
           10.4.5 Australia 
           10.4.6 New Zealand
           10.4.7 Rest of Asia Pacific
    10.5 South America       
           10.5.1 Brazil 
           10.5.2 Argentina
           10.5.3 Chile 
           10.5.4 Rest of South America
    10.6 Middle East & Africa      
           10.6.1 UAE 
           10.6.2 Saudi Arabia
           10.6.3 Qatar 
           10.6.4 Iran 
           10.6.5 South Africa
           10.6.6 Rest of Middle East & Africa
             
11 Key Developments           
             
12 Company Profiling           
    12.1 The J.M. Smucker Company      
           12.1.1 Business Overview
           12.1.2 Product/Service Offering
           12.1.3 Financial Overview
           12.1.4 SWOT Analysis
           12.1.5 Key Activities
    12.2 Nestle Purina       
    12.3 Mars, Incorporated       
    12.4 LUPUS Alimentos       
    12.5 Total Alimentos       
    12.6 Hill’s Pet Nutrition, Inc.      
    12.7 General Mills Inc.       
    12.8 WellPet LLC       
    12.9 The Hartz Mountain Corporation     
    12.10 Colgate-Palmolive Company      
    12.11 Diamond Pet Foods       
    12.12 Heristo AG