Pet Care - Global Strategic Business Report

The global market for Pet Care was estimated at US$215.9 Billion in 2024 and is projected to reach US$307.5 Billion by 2030, growing at a CAGR of 6.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Pet Care market.

Global Pet Care Market - Key Trends & Drivers Summarized

What Does Modern Pet Care Encompass and How Is It Evolving?

Pet care has evolved significantly over the years, transforming into a comprehensive approach that encompasses not only the basic needs of pets but also their physical, mental, and emotional well-being. This evolution reflects a broader societal change in which pets are increasingly regarded as family members. Modern pet care involves a variety of products and services, from high-quality nutrition and advanced health care to grooming, training, and even pet insurance. Technological advancements have also made their way into pet care, with innovations such as GPS trackers, automated feeders, and interactive toys that help monitor and manage the health and safety of pets remotely. Veterinary care has seen substantial progress with the incorporation of telemedicine, allowing pet owners to consult with veterinarians via video calls. These developments have made pet care more accessible and efficient, ensuring pets live longer, healthier lives.

How Are Pet Care Products and Services Diversifying?

The pet care market has seen a significant diversification in both products and services offered. Nutrition is a core component, with a clear shift towards premium, organic, and specialty diets that cater to a wide range of health-related issues and dietary restrictions. This includes grain-free, gluten-free, and breed-specific formulations that aim to enhance the health and longevity of pets. On the service side, pet care now includes luxury pet spas, sophisticated daycares, and extended stay facilities that offer socialization and enrichment activities tailored to individual pet needs. Behavioral training services have also expanded to include virtual sessions, reflecting a growing demand for convenient, at-home options. Furthermore, healthcare services for pets have broadened to include not only routine vaccinations and treatments but also advanced surgeries, dental care, and chronic disease management, often utilizing the latest medical technologies and practices.

What Impact Does the Pet Care Industry Have on Society and the Economy?

The pet care industry has a significant socio-economic impact, contributing billions of dollars annually to global economies. It creates extensive employment opportunities across a range of sectors, including manufacturing, retail, veterinary services, and pet insurance. The industry`s growth also stimulates related sectors such as pet food production, accessories, and healthcare products. On a societal level, the industry supports pet ownership by making it easier and more enjoyable, which in turn has positive effects on public health and well-being. Pets are known to reduce stress, increase physical activity, and improve the mental health of their owners. As the number of pet owners continues to rise, the demand for pet products and services increases, further fueling economic growth and innovation within the industry.

What Drives the Growth of the Pet Care Market?

The growth in the pet care market is driven by several factors, including increased pet ownership, rising disposable incomes, and changing consumer behaviors toward pet care. The trend of 'humanizing' pets has led to greater expenditure on premium pet products and services, as owners increasingly seek to provide their pets with the highest quality of life possible. Technological advancements have also played a critical role, introducing new products that enhance pet health, safety, and convenience. The expansion of online retail platforms and specialized pet care apps has made it easier for consumers to access a wide range of products and services, further stimulating market growth. Additionally, demographic shifts such as the increase in single-person households and aging populations have led to a higher adoption of pets for companionship, driving the demand for pet care. The industry`s growth is supported by ongoing research and development, which continuously improves the quality and effectiveness of pet care products and services, ensuring that the sector remains dynamic and responsive to the needs of both pets and their owners.

SCOPE OF STUDY:

The report analyzes the Pet Care market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Segment (Pet Food, Veterinary Care, OTC/Supplies, Other Segments); End-Use (Dog Care, Cat Care, Other End-Uses)
• Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Pet Food segment, which is expected to reach US$136.3 Billion by 2030 with a CAGR of a 5.7%. The Veterinary Care segment is also set to grow at 6.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $91.7 Billion in 2024, and China, forecasted to grow at an impressive 7.8% CAGR to reach $10.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Pet Care Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Pet Care Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Pet Care Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Bayer AG, ADM Animal Nutrition, Armitage Pet Care, Bacon Products Corporation, Animal Health International, Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 197 companies featured in this Pet Care market report include:

• Bayer AG
• ADM Animal Nutrition
• Armitage Pet Care
• Bacon Products Corporation
• Animal Health International, Inc.
• A. Rieper AG
• Babel Bark, Inc.
• AFB International
• Affinity Petcare SA
• Agway, Inc.
• Alcon Industria e Comercio de Alimentos Desidratados Ltda.
• Aller Petfood LLC
• Almo Nature SpA
• Arona Foderfabrik AB
• Barking Heads & Meowing Heads Pet Food UK Ltd.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.