Uploaded on Jan 17, 2024
The global pet food market size was valued at $87,268.2 million in 2020, and is projected to reach $133,430.9 million by 2030, registering a CAGR of 4.6% from 2021 to 2030.
Pet Food Market
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Pet Food Market
According to a new report published by Allied Market Research, titled, “Pet food Market
by Pet Type, Food Type, and Sales Channel: Global Opportunity Analysis and
Industry Forecast, 2021–2030,”
The global pet food market size was valued at $87,268.2 million in 2020, and is
projected to reach $133,430.9 million by 2030, registering a CAGR of 4.6% from 2021 to
2030.
Pet food market is booming owing to increased pet ownership across the globe due to
rising consumers’ disposable income. The major factors and pet food market trends
driving the global pet food market are rising trend of nuclear families, rapid humanization
of pets, increasing awareness about pet health. However, increase in pet obesity and
pet food recalls are expected to hinder the market growth to a certain extent over the pet
food market forecast period 2021-2030. Additionally, increasing pet ownership in
developing nations and rising e-commerce sales act as an opportunity for the global
market.
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Pet Food Market
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Frontrunners in the industry-
• Mars Petcare Inc.
• The Hartz Mountain Corporation
• Big Heart Pet Brands
• Nestle Purina PetCare
• Diamond Pet Foods
• Hill’s Pet Nutrition
• Deuerer, WellPet
• Blue Buffalo
• Heristo AG
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Pet Food Market
According to pet food market analysis, the market is classified on the basis of pet type,
food type, sales channel and region.
By pet type, the pet food market is segmented into dogs, cats and other pets.
Based on food type, the market is segregated into dry food, wet food, treats & snacks
and others.
By sales channel, the market is categorized into supermarkets & hypermarkets,
specialized pet shops, online sales channel, and others.
Region wise, the market is segmented into North America, Europe, Asia-Pacific, and
LAMEA. North America contributed the highest revenue in 2020 and is expected to
dominate the market during the forecast period.
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Pet Food Market
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8a0556ba
Key findings of the study
• The global pet food market size was valued at $87,268.2 million in 2020, and is
projected to reach $133,430.9 million by 2030, registering a CAGR of 4.6% from 2021
to 2030.
• By pet type, the dogs segment was the highest contributor to the market, with
$39,646.2 million in 2020, and is estimated to reach $61,049.5 million by 2030, at a
CAGR of 4.7% during the forecast period.
• By food type, the dry food segment was the highest contributor to the market, with
$29,386.8 million in 2020, and is estimated to reach $47,937.5 million by 2030, at a
CAGR of 5.3% during the forecast period.
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Pet Food Market
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied
Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as
medium and small businesses with unmatched quality of "Market Research Reports" and "Business
Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist
its clients to make strategic business decisions and achieve sustainable growth in their respective market
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Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor &
Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market
data that helps us generate accurate research data tables and confirms utmost accuracy in our market
forecasting. Each and every data presented in the reports published by us is extracted through primary
interviews with top officials from leading companies of domain concerned. Our secondary data procurement
methodology includes deep online and offline research and discussion with knowledgeable professionals and
analysts in the industry.
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Pet Food Market
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