Pet Food Market

By Pet Type;

Dog, Cat and Others

By Form;

Dry Pet Food, Wet Pet Food and Snacks & Treats

By Source;

Animal and Plant

By Distribution Channel;

Supermarket/Hypermarket, Specialty Stores, Online Channel and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn121931762 Published Date: August, 2025

Pet Food Market Overview

Pet Food Market (USD Million)

Pet Food Market was valued at USD 117,427.76 million in the year 2024. The size of this market is expected to increase to USD 162,037.42 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.


Pet Food Market

*Market size in USD million

CAGR 4.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.7 %
Market Size (2024)USD 117,427.76 Million
Market Size (2031)USD 162,037.42 Million
Market ConcentrationHigh
Report Pages373
117,427.76
2024
162,037.42
2031

Major Players

  • The J.M. Smucker Company
  • The Hartz Mountain Corporation
  • Mars
  • Hill’s Pet Nutrition
  • Nestle Purina
  • LUPUS Alimentos
  • Total Alimentos
  • General Mills Inc.
  • WellPet LLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Pet Food Market

Fragmented - Highly competitive market without dominant players


The pet food market is expanding rapidly, fueled by a notable increase in pet adoption and ownership. Currently, about 68% of households have pets, leading to rising demand for health-focused pet nutrition. Owners are increasingly viewing their pets as part of the family, resulting in greater focus on nutritional value, safety, and tailored food solutions.

High Preference for Premium Nutrition Products
There is a clear consumer shift toward premium and functional pet food aimed at addressing specific health needs like digestion, immunity, and mobility. Roughly 42% of the market demand is for products that offer superior ingredients and targeted benefits. This trend is encouraging brands to innovate with nutrient-rich, science-backed formulas.

Online Retail Accelerating Market Reach
The shift toward e-commerce and direct-to-consumer sales is reshaping how pet food is purchased. With more than 35% of purchases now made online, consumers value the convenience of doorstep delivery and subscription plans. Digital platforms are also helping niche brands compete effectively through enhanced visibility and personalized offerings.

Sustainability and Ethical Sourcing Gain Momentum
Environmental awareness is influencing pet food choices, with nearly 38% of consumers favoring brands that practice sustainable sourcing and use recyclable packaging. Pet owners are increasingly aligned with ethical values, prompting companies to adopt eco-conscious formulations and transparent production practices that appeal to responsible buyers.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Pet Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Source
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Pet Food Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising pet humanization trends globally

        2. Demand for organic and natural ingredients

        3. Growing adoption of premium pet food

        4. Increasing pet ownership in urban areas

      2. Restraints
        1. Fluctuating raw material supply chains

        2. Stringent government and import regulations

        3. High cost of premium formulations

        4. Limited awareness in rural regions

      3. Opportunities
        1. Expansion in emerging pet care markets

        2. Growth of e-commerce pet food platforms

        3. Innovation in breed-specific nutrition

        4. Development of sustainable packaging solutions

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Pet Food Market, By Pet Type, 2021 - 2031 (USD Million)
      1. Dog
      2. Cat
      3. Others
    2. Pet Food Market, By Form, 2021 - 2031 (USD Million)
      1. Dry Pet Food
      2. Wet Pet Food
      3. Snacks & Treats
    3. Pet Food Market, By Source, 2021 - 2031 (USD Million)
      1. Animal
      2. Plant
    4. Pet Food Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarket/Hypermarket
      2. Specialty Stores
      3. Online Channel
      4. Others
    5. Pet Food Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Mars Petcare (Mars, Inc.)
      2. Nestlé Purina PetCare (Nestlé)
      3. Hill’s Pet Nutrition (Colgate-Palmolive)
      4. Royal Canin (Mars)
      5. Blue Buffalo (General Mills)
      6. General Mills (Cloud Star, Tiki Pets, Blue Buffalo, Edgard & Cooper)
      7. J.M. Smucker Company
      8. Post Consumer Brands (Kibbles ’n Bits, 9Lives, Gravy Train)
      9. The Nutriment Company
      10. VAFO Group (Pooch & Mutt, Dagsmark)
      11. Swedencare (MedVant)
      12. The Real Pet Food Company
      13. ZIWI
      14. Adifor (partnering with Advent & CVC on PPF bid)
  7. Analyst Views
  8. Future Outlook of the Market