Pet Products Market Report 2026

The pet products market size has grown rapidly in recent years. It will grow from $156.98 billion in 2025 to $174.92 billion in 2026 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to rising pet ownership rates, increasing humanization of pets, expansion of organized pet retail, growing disposable income among pet owners, availability of diversified pet care products.

The pet products market size is expected to see rapid growth in the next few years. It will grow to $266.73 billion in 2030 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to growing adoption of smart pet monitoring devices, increasing demand for functional and organic pet food, expansion of digital pet care platforms, rising focus on preventive pet healthcare, increasing investment in sustainable pet product innovation. Major trends in the forecast period include increasing demand for premium and natural pet nutrition, rising adoption of smart and connected pet products, growing focus on pet health and wellness solutions, expansion of e-commerce pet retail channels, enhanced emphasis on sustainable and eco-friendly products.

The increasing pet adoption rate is anticipated to fuel the growth of the pet products market in the coming years. The rise in pet adoption is driven by growing awareness of animal welfare, prompting more individuals to adopt from shelters to help address overpopulation and provide animals with a second chance. Pet products assist adopted pets in adjusting to their new homes by supporting their health, hygiene, comfort, training, and enrichment, ensuring a smooth and caring transition. For instance, in May 2025, the American Society for the Prevention of Cruelty to Animals, a US-based non-profit organization, reported that approximately 4.2 million animals from shelters - around 2 million dogs and 2.2 million cats - were placed in loving homes in 2024. Therefore, the rising pet adoption rate is expected to drive the growth of the pet products market.

Major companies in the pet products market are focusing on developing advanced solutions, such as interactive pet toys, to promote stronger bonds between pets and their owners through shared play and engagement. These toys are designed to stimulate pets both mentally and physically, encouraging activity through movement, sounds, or puzzles. For example, in March 2025, Benebone, a US-based pet products manufacturer, introduced the Benebone Bounce line, marking its first major move into interactive toys beyond chews. This product line includes five unique toys: a gentle-chewing Bone, a Ball, a Tug, a slow-feeding Cone, and a treat-dispensing Pawbler. All toys are made of durable natural rubber and come in a bright yellow-green color for easy visibility by dogs, offering a combination of toughness and flexibility for long-lasting, engaging play.

In April 2024, the Nutriment Company, a Sweden-based pet food provider, acquired Totally Natural Pet Products (TNPP) for an undisclosed sum. This acquisition enhances Nutriment’s presence in central Europe and expands its portfolio of premium natural pet food offerings. TNPP is a Sweden-based manufacturer specializing in raw dog food.

Major companies operating in the pet products market are Nestlé SA, Merck & Co. Inc., Mars Incorporated, Boehringer Ingelheim International GmbH, EBOS Group Limited, Zoetis Inc., The J.M. Smucker Company, Elanco Animal Health Inc., Central Garden & Pet Co., Spectrum Brands Inc., Hill’s Pet Nutrition Inc., Phibro Animal Health Corporation, Blue Buffalo, Freshpet Inc., Sunshine Mills Inc., Real Pet Food Company, Nature’s Variety, Champion Petfoods LP, Diamond Pet Foods Inc., PetSafe, Simmons Pet Food, Coastal Pet Products Inc., Drools Pet Food Pvt. Ltd., Midwestern Pet Foods Inc., Petcurean Co., Wellness Pet Company, West Paw, SquarePet, Petway Petcare Pty Ltd.

North America was the largest region in the pet products market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pet products market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pet products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The pet products market consists of sales of pet beds, harnesses, feeding bowls, pet clothing, and litter boxes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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