Global Pet Food Products Market Size & Outlook, 2022-2030
Global pet food products market, 2018-2030 (US$M)
Related Markets
Global pet food products market highlights
- The global pet food products market generated a revenue of USD 72,270.9 million in 2022 and is expected to reach USD 111,823.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.6% by 2030.
- In terms of segment, dogs accounted for a revenue of USD 28,981.0 million in 2022.
- Cats is the most lucrative pet type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 72,270.9 million |
| Market revenue in 2030 | USD 111,823.5 million |
| Growth rate | 5.6% (CAGR from 2022 to 2030) |
| Largest segment | Dogs |
| Fastest growing segment | Cats |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dogs, Cats |
Other key industry trends
- In terms of revenue, the North America accounted for 31.2% of the global pet food products market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 296.9 million by 2030.
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Pet Food Products Market Scope
Pet Food Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pet food products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pet food products market will help companies and investors design strategic landscapes.
Dogs was the largest segment with a revenue share of 40.1% in 2022. Horizon Databook has segmented the Global pet food products market based on dogs, cats covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pet Food Products Pet Type Outlook (Revenue, USD Million, 2018-2030)
- Dogs
- Cats
- Others
- Global Pet Food Products Type Outlook (Revenue, USD Million, 2018-2030)
- Dry
- Wet
- Treats/Snacks
- Pet Litter
- Pet Grooming Products
- Fashion, Toys, & Accessories
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Target buyers of Global pet food products market databook
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Our clientele includes a mix of pet food products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global pet food products market , including forecasts for subscribers. This global databook contains high-level insights into Global pet food products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pet food products market size, by region, 2018-2030 (US$M)
Top 10 countries by Pet Food Products Market revenue, 2022 (US$M)
Global pet food products market share, by pet type, 2022 & 2030 (%, US$M)
Pet food products market: Opportunity assessment by country
Global pet food products market, by region, 2022 (US$M)
| Pet Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 5,443.2 | 5,734.2 | 6,059.4 | 6,746.3 | 7,090.2 | 7,394.5 | 7,689.2 | 7,987.0 | 8,319.5 | 8,698.1 | 9,119.0 | 9,586.5 | 10,096.1 | 4.6% |
| Europe | 19,611.0 | 20,896.4 | 22,336.6 | 25,157.6 | 26,749.5 | 28,226.1 | 29,698.6 | 31,217.6 | 32,908.1 | 34,822.2 | 36,952.1 | 39,323.4 | 41,925.4 | 5.7% |
| North America | 16,762.5 | 17,806.6 | 18,974.7 | 21,303.7 | 22,579.3 | 23,748.4 | 24,905.2 | 26,091.8 | 27,411.7 | 28,906.7 | 30,568.5 | 32,416.0 | 34,438.2 | 5.4% |
| MEA | 1,238.8 | 1,298.6 | 1,365.2 | 1,512.1 | 1,580.9 | 1,639.8 | 1,695.8 | 1,751.5 | 1,814.0 | 1,885.2 | 1,964.4 | 2,052.4 | 2,147.8 | 3.8% |
| Asia Pacific | 10,253.0 | 10,981.6 | 11,798.4 | 13,355.4 | 14,271.0 | 15,132.5 | 15,998.9 | 16,897.2 | 17,895.7 | 19,024.3 | 20,280.2 | 21,678.8 | 23,216.0 | 6.1% |
| Overall | 53,308.5 | 56,717.4 | 60,534.3 | 68,075.1 | 72,270.9 | 76,141.3 | 79,987.7 | 83,945.1 | 88,349.0 | 93,336.5 | 98,884.2 | 105,057.1 | 111,823.5 | 5.6% |
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