Pet Care Market - Forecast(2024 - 2030)

Report Code: CPR1555940059433 Report Format: PDF + Excel

Pet Care Market Overview:

The Pet Care Market size is estimated to reach $253 billion by 2030, growing at a CAGR of 8.0% during the forecast period 2023-2030. Pet care encompasses a vast range of services and products, ranging from pet essentials like canned Pet Food and pet care clinics to luxury pet grooming visits and pet accessories. Owners are now more focused on the quality and specific nutritional requirements of their pets and they depict the luxury of their pets as a symbol of their style statement. This combination is set to be a definitive indicator of the bright future of the Pet Care Market.

Pet owners' co-dependence on their pets has led to a situation where, regardless of the cost, they agree with any product that makes their pets happy. Due to this trend of humanization of pets, high-end products like pet treadwheels and treadmills, smart feeders, GPS pet trackers, etc. are increasingly becoming mainstream. This aids significantly in the expansion of the pet care industry. Additionally, the rising popularity of organic and canned pet food items, which are on average almost 50% more expensive than conventional ones, is set to boost the pet care market's growth. This represents the Pet Care Industry Outlook.

Market Snapshot: 

Pet Care Market

Pet Care Market - Report Coverage:

The “Pet Care Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Pet Care Market.



By Pet Type

  • Dog

  • Cat

  • Rabbit

  • Bird

  • Fish

  • Ferrets

  • Others

By Product Type

  • Pet Food

  • Pet Product

  • Veterinary Care

  • Others

By Sales Channel

  • Offline Platforms

  • Online Platforms

By Geography

  • North America (the US, Canada and Mexico)

  • Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and the Rest of South America)

  • The Rest Of The World (the Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis: 

  • The pet frenzy was started by the pandemic and the Pet Care industry is anticipating long-term benefits from it. A study claims that since the pandemic started, spending on pet necessities has increased by 11% and is also becoming "increasingly inelastic," which bodes well for the market.
  • Due to operational uncertainties and trade barriers, the Ukraine crisis has had a severe effect on the pet care market. This has led to a disparity between the worldwide supply and subsequent demand. It is because the nations that were the main exporters of Russian canned pet food now need to look for another possible market.

Key Takeaways:

The dominance of the North America Region

According to the Pet Care market forecast, North America held the largest share (37.0%) of the overall market in 2022. This was due to the pandemic pet mania that was spurred by younger Americans. Additionally, rising disposable income led to an increasing trend of humanization of pets which subsequently led to the rise of luxury pet accessories.

Dog Segment Holding Largest Pet Care Market Share

Based on Pet Type, the Dog segment held the largest Pet care market share in 2022, i.e., $57 billion. It is estimated to reach $105 billion by 2030, growing at a CAGR of 8.1% during the forecast period of 2023–2030. This is due to the fact that dogs are more trainable and promote an active lifestyle, attracting more pet enthusiasts.

The dominance of the Pet Food Segment

Based on Product Type, the Pet Food segment is estimated to grow at the fastest CAGR of 8.4% during the forecast period 2023–2030 as per the Pet Care Market analysis. This is due to the increase in animal nutrition awareness. The shift from normal pet food to high-quality, nutritious food associated with the organic food frenzy and the increasing popularity of canned pet food items are leading the Pet Care market trends.

Increasing Popularity of Premium Organic Food Brands

According to Consumer Reports, organic foods are on average 50% more expensive than conventional ones. Many key players have already entered the market after identifying the increasing trend of organic pet foods. It is associated with increasing customer responsiveness concerning pet health, which is basically built on the co-dependency of pet parents on their furry buddies. This emerging organic frenzy is poised to drive the Pet Care Market growth.

Entry of Pet Care Insurance Policies

The humanization of pets has grown in lockstep with the rise in disposable income. Pet Care insurance is a new subset of the insurance market that has been created as a result of this trend. Several veteran insurance providers, as well as businesses focusing solely on pet care insurance and pet grooming visits, have also emerged. The vast Pet Care market opportunities in the segment are poised to ensure smooth growth of the Pet Care Market.

Prevalence of Pet Related Allergies

As per a report published by Allergy, Asthma & Immunology Research, nearly 10 to 20% of the global population is affected by allergies to dogs and cats today. Such allergic confrontations can cause severe histamine-modulated reactions, eventually leading to a loss of productivity due to absenteeism. Such realizations have the potential to hamper the growth of the Pet Care Market. 

Pet Care Market: Market Share (%) by Region, 2022

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Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Pet Care Market. The top 10 companies in this market are:

  1. Mars Petcare, Inc. (Pedigree)
  2. Nestle Purina Pet Care (Purina felix)
  3. J.M. Smucker Company (9Lives ®)
  4. Cargill (Bestmin Gold)
  5. Unicharm Corporation (Unicharm Pet Deo-Toilet Refill Zeolite Pellet)
  6. Spectrum Brands Inc. (DreamBone ®)
  7. Blue Buffalo Co. Ltd., (Blue Bits)
  8. Royal Canin SAS (Royal Canin Puppy Maxi)
  9. Hill’s Pet Nutrition, Inc. (Science diet)
  10. Petmate Holdings Co. (Aspen Pet)

Scope of Report:

Report Metric


Base Year Considered


Forecast Period



Growing at the rate of 8.0%

Market Size

253 billion USD

Segments Covered

Pet Type, Product Type, Sales Channel and Region

Geographies Covered

North America (the US, Canada and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America), the Rest of the World (the Middle East and Africa).

Key Market Players

1. Mars Petcare, Inc.
2. Nestle Purina Pet Care
3. J.M. Smucker Company
4. Cargill
5. Unicharm Corporation
6. Spectrum Brands, Inc.
7. Blue Buffalo Co., Ltd.
8. Royal Canin SAS
9. Hill’s Pet Nutrition, Inc. 
10. Petmate Holdings Co.

Frequently Asked Questions:

Q1. What is the growth rate of the Pet Care market during the forecast period?
The Pet Care Market is estimated to grow at 8.0% during the forecast period 2023-2030

Q2. What is the predicted growth of the Global Pet Care Market size from 2022 to 2030?
The Global Pet Care Market size is estimated at US$137 billion in 2022. It is projected to reach US$253 billion by 2030.

Q3. What are the leading market players in Pet Care Market?
The leading market players in the Pet Care market are Mars Petcare, Inc., Nestle Purina Pet Care, J.M. Smucker Company, Cargill, Inc. and Unicharm Corporation.

Q4. What are the major trends that would shape the future market?
Increasing demand for animal surveillance equipment has been noticed. Equipment such as GPS pet trackers, Cameras, health bands, etc. is being increasingly used to keep track of the animals even when someone is away. Also, technological advancements in the design of pet accessories like automatic pet feeders, smart feeders, different types of simulation toys and electrically-heated beds are going to be some of the interesting trends to watch out for.

Q5. What are the driving factors and opportunities in the market?
The introduction of pet care insurance policies, the growing popularity of luxury pet accessories, the introduction of a diverse range of innovative products and the popularity of premium organic food brands are the key market drivers. Apart from this, the expansion of online retail is set to play a vital role. The major upcoming Pet Care market opportunities regarding Pet Care Market trends would reside in the fields of luxury pet grooming outlets and technological pet tech equipment for GPS pet trackers.

Relevant Reports: 

Report Code: FBR 72547

Report Code: CPR 0101

Report Code: CPR 0082

For more Consumer Products and Services Market reports, please click here

1. Pet Care Market Overview
    1.1 Definitions and Scope
2. Pet Care Market – Executive Summary
3. Pet Care Market – Market Landscape
    3.1 Company Benchmarking – Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Value split by Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Pet Care Market – Startup Company Scenario (Premium)
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Pet Care Market – Market Entry Scenario Premium (Premium)
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Pet Care Market – Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porter’s Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Pet Care Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Pet Care Market – by Pet Type (Market Size - $Million/$Billion)
    8.1 Dog
    8.2 Cat
    8.3 Rabbit
    8.4 Bird
    8.5 Fish
    8.6 Ferrets
    8.7 Others
9. Pet Care Market – by Product Type (Market Size - $Million/$Billion)
    9.1 Pet Food
        9.1.1 Semi-moist Foods
        9.1.2 Kibble Foods
        9.1.3 Canned Foods
        9.1.4 Veterinary
        9.1.5 Nutritional Foods
        9.1.6 Other Dry Foods
    9.2 Pet Product
        9.2.1 Health Care Products
   Oral Care
   Dietary Supplements
   Over-The-Counter Medications
        9.2.2 Grooming Products
   Shampoos and Conditioners
   Combs and Brushes
   Clipper and Scissors
        9.2.3 Vigilance Products
   Tracking devices
   Pet Camera
    9.3 Veterinary Care
    9.4 Others
10. Pet Care Market – by Sales Channel (Market Size - $Million/$Billion)
    10.1 Offline Platforms
        10.1.1 Hypermarket & Supermarket
        10.1.2 Specialized Pet Shops
        10.1.3 Groomers Mall
        10.1.4 Others
    10.2 Online Platforms
11. Pet Care Market – by Geography (Market Size - $Million/$Billion)
    11.1 North America
        11.1.1 The U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 South America
        11.2.1 Brazil
        11.2.2 Argentina
        11.2.3 Chile
        11.2.4 Colombia
        11.2.5 The Rest of South America
    11.3 Europe
        11.3.1 Germany
        11.3.2 France
        11.3.3 The U.K.
        11.3.4 Italy
        11.3.5 Spain
        11.3.6 Russia
        11.3.7 The Netherlands
        11.3.8 The Rest of Europe
    11.4 Asia-Pacific
        11.4.1 China
        11.4.2 Japan
        11.4.3 South Korea
        11.4.4 India
        11.4.5 Australia
        11.4.6 Indonesia
        11.4.7 Malaysia
        11.4.8 Others
    11.5 The Rest of the World
        11.5.1 The Middle East
        11.5.2 Africa
12. Pet Care Market – Market Entropy
    12.1 New product launches
    12.2 M&As, collaborations, JVs and partnerships
13. Pet Care Market – Market Competition Landscape (Premium)
    13.1 Market Share Analysis
        13.1.1 Market Share by Pet Type – Key Companies
        13.1.2 Market Share by Country – Key Companies
        13.1.3 Market Share by Region – Key Companies
    13.2 Competition Matrix
    13.3 Best Practices for Companies
14. Pet Care Market – Key Company List by Country Premium (Premium)
15. Pet Care Market – Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
* "Financials would be provided to private companies on best-efforts basis." 
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