Pet Care Market
Pet Care Market – By Type (Pet Care Products [Product {Food, Pharmaceutical, Dietary Supplements, Hygiene}, Distribution Channel {Stores, E-commerce}], Services [Medical, Grooming, Training, Insurance]), Animal (Dogs, Cats), Global Forecast (2024 – 2032)
Published Date: May - 2025 | Publisher: MIR | No of Pages: 240 | Industry: Animal Health and Nutrition | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Free Sample Ask for Discount Request CustomizationPet Care Market Size
With USD 304.4 billion in value in 2023 and expected to rise at CAGR of 6.8%, pet care market size The growing humanizing of pets, where owners view their animals as vital members of the family and hence spend more on pet health, grooming, and nutrition, is one of the main factors. This increasing animal healthcare costs improve market expansion.
To get key market trends
Furthermore increasing demand for pet care products and services are growing pet ownership rates, especially in cities. Furthermore driving the market expansion are increased knowledge of pet health and wellbeing as well as the rise of e-commerce sites and online pet care stores.
Pet care is all the activities, treatments, and goods meant to guarantee the health, welfare, and safety of domesticated animals. This covers good diet, routine veterinarian care, grooming, exercise, training, and furnishing a safe and pleasant living space. Good pet care calls for a whole strategy to keep pets' physical and mental well-being, therefore strengthening their relationship with their owners.
Report Attribute | Details |
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Base Year | 2023 |
Pet Care Market Size in 2023 | USD 304.4 Billion |
Forecast Period | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR | 6.8% |
2024 – 2032 Value Projection | USD 545.7 Billion |
Historical Data for | 2021 – 2023 |
No. of Pages | 262 |
Tables, Charts & Figures | 452 |
Segments covered | Type, Animal, and Region |
Growth Drivers |
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Pitfalls & Challenges |
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What are the growth opportunities in this market?
Pet Care Market Trends
- Since pet insurance gives pet owners financial stability, high adoption of it is greatly driving the expansion of the pet care sector. Pet insurance helps offset veterinarian bills when improvements in medical treatments and technology cause ongoing growth in costs.
- This motivates owners of pets to seek more regular veterinarian treatment, including preventative visits and treatments, therefore promoting the expansion of the pet care sector.
- For instance, North American Pet Health Insurance Association (NAPHIA) estimates that, by the end of 2022, around 5.36 million pets were insured in North America, up from 4.4 million pets insured in 2021.
- Therefore, as the use of pet insurance is rather increasing, this trend helps the development of veterinary services and the larger pet care sector.
Pet Care Market Analysis
Learn more about the key segments shaping this market
Type dictates that the market be split into pet services and pet care products. Products and distribution channels help to further classify the pet care products market. Pet food, pet healthcare products, hygiene products, and other pet care goods define the pet care products market by product. On the other hand, the pet care products market is categorized depending on distribution channel into stores, e-commerce, and other channels. With 72.7% of the market share in 2023, the pet care goods category represents rather large influence.
- Daily pet care procedures call for several of the basic pet care supplies. Pet food and grooming tools are among items that need constant replenishment, which causes pet owners to buy them often. This constant demand helps to explain the great market share of the segment.
- Furthermore greatly adds to their strong market penetration the great availability of pet care items via many retail outlets including pet specialty stores, supermarkets, internet platforms, and veterinary clinics.
Learn more about the key segments shaping this market
Based on animal, the pet care market is categorized into dogs, cats, fishes, birds, horses, and other animals. The dogs segment dominated the global market and was valued at USD 183.9 billion in 2023.
- With a sizable population of dog owners worldwide, dogs are the most often owned pet. The enormous quantity of dogs kept as pets helps to explain the sizable market for goods and services meant especially for dogs.
- Dogs are also sometimes regarded as cherished members of households, which drives more expenditure on their general well-being, diet, grooming, and health.
- Moreover, great market share of innovative items and services catered to dogs, including premium food, accessories, healthcare products, and specialist veterinarian and grooming services, results from their great acceptance.
Looking for region specific data?
North America pet care market was valued at USD 146.7 billion in 2023 and is projected to reach USD 255.3 billion by 2032 growing at a CAGR of 6.4% over the forecast years.
- A significant portion of households in the region own pets, ranging from dogs and cats to birds and small mammals, creating a substantial consumer base for pet care products and services.
- Additionally, the region is home to some of the most advanced veterinary healthcare services and pharmaceutical innovations globally. This accessibility to cutting-edge veterinary treatments and therapies supports higher spending on pet health care, contributing to the region's dominant position in the market.
The U.S. pet care market is predicted to grow at 6.5% CAGR to reach USD 243.1 billion by 2032.
- According to the 2021–2022 National Pet Owners Survey by the American Pet Products Association (APPA), 70% of the U.S. households owned at least one type of pet. Additionally, almost 69 million of the U.S. households have at least one dog, and 45.3 million have at least one cat, about 9.9 million have birds, and 3.5 million have horses.
- The sheer volume of pet ownership translates directly into increased spending on pet care in the country.
Pet owners invest in a wide range of products such as pet food, treats, toys, grooming supplies, healthcare products, and accessories, tailored to the specific needs of their pets. Thus, this increasing pet population contributes to the growth of U.S. market.
Germany pet care market is anticipated to witness significant growth in coming years.
- The country's strong economy, high standards of living, and a large pet-owning population contribute to the robust demand for pet care products and services.
- Additionally, the country's well-developed distribution networks and pet-friendly infrastructure further bolster its position as a leader in the European market.
India pet care market is poised to witness high growth over the analysis period.
- In India, heightened awareness among pet owners about pet health and well-being has led to increased expenditure on premium pet food, veterinary services, grooming, and other pet care products.
- Additionally, the expansion of retail channels, such as pet specialty stores, supermarkets, veterinary clinics, and online platforms, has further facilitated access to a diverse range of pet care solutions.
- These factors have contributed to the expansion and robust growth of the market in India.
Pet Care Market Share
The pet care industry is characterized by robust competition and diverse offerings catering to the growing global demand for pet-related products and services. Key players in the market include multinational corporations, regional brands, and niche providers specializing in various segments such as pet food, veterinary services, grooming, and accessories. Companies like Idexx Lab
oratories, Inc., Zoetis, Inc., Nestle Purina PetCare, Hill's Pet Nutrition dominate the market with extensive product portfolios and global distribution networks, leveraging economies of scale and brand recognition.
Pet Care Market Companies
Prominent players operating in the pet care industry include
- Ancol Pet Products Limited
- Blue Buffalo Pet Products, Inc
- Champion Petfoods
- Chewy, Inc.
- Freshpet
- Heristo akteingesellschaft
- Hill's Pet Nutrition (Colgate Palmolive Company)
- IDEXX Laboratories, Inc.
- J.M. Smucker
- Mars Inc.
- Nestle Purina PetCare (Nestle SA)
- Petco Animal Supplies, Inc.
- Petmate Holdings Co.
- PetSmart, Inc.
- Spectrum Brands, Inc
- Zoetis Inc.
- Zooplus AG
Pet Care Industry News
- In June 2024, ADM announced the European launch of functional pet treats, supplements. This strategic initiative helped the company to strengthen their product portfolio and enhance their revenue growth.
- In April 2024, ProMach announced the launch of its Pet Care Solutions group, offering a diverse portfolio of solutions tailored to the specific needs of pet food manufacturers. This product launch helped the company to broaden its product offerings and generate revenue.
The pet care market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 - 2032 for the following segments
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Market, By Type
- Pet care products
- By product
- Pet food
- Nutritional
- Medicated
- Pet healthcare products
- Pharmaceuticals
- Dietary supplements
- Hygiene products
- Other pet care products
- Pet food
- By distribution channel
- Stores
- E-commerce
- Other distribution channels
- By product
- Pet services
- Veterinary medical services
- Pet grooming
- Pet boarding and daycare
- Training services
- Pet insurance
Market, By Animal
- Dogs
- Cats
- Fishes
- Birds
- Horses
- Other animals
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Netherlands
- Sweden
- Switzerland
- Austria
- Belgium
- Poland
- Romania
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Philippines
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
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