North America is the commercial core, at USD 2.32 billion in 2025 and roughly 80% of global value, anchored by The Farmer's Dog, Ollie, Nom Nom and Spot & Tango. Asia Pacific is the fastest-growing major region, rising from USD 175 million to USD 449 million at a CAGR of about 17%, led by Australia, while Europe grows at about 13% from USD 402 million, led by the United Kingdom. Latin America and the Middle East and Africa are very small, together under 1% of 2025 value. The report also sets out bear, base and bull cases, with 2031 values of USD 4.72 billion, USD 5.57 billion and USD 6.53 billion.
The report profiles 10 companies including The Farmer's Dog, Ollie, Nom Nom, Spot & Tango, JustFoodForDogs, Butternut Box, Lyka, Freshpet, and is intended for corporate strategy, investment, M&A and procurement teams. It also provides Porter's Five Forces, PESTLE and SWOT analyses and a 2031 outlook.
Table of Contents
Companies Mentioned
- The Farmer's Dog
- Ollie
- Nom Nom
- Spot & Tango
- JustFoodForDogs
- Butternut Box
- Lyka
- Freshpet
- Marleybones
- Wag Tantrum

