Pet Food Products Market Size to Reach USD 156.94 Billion in 2025

Pet Food Products Market Grows with Rising Demand for Premium and Functional Nutrition

The global pet food products market is rising from USD 156.94 billion in 2025 to USD 256.28 billion by 2034. This projected expansion reflects a CAGR of 5.6% during the forecast period from 2025 to 2034. This market growth is fueled by increasing pet ownership, rising demand for premium and natural pet nutrition, and growing awareness regarding pet health. 

Last Updated: 07 August 2025 Category: B2C Food & Beverages Products Insight Code: 5786 Format: PDF / PPT / Excel

Pet Food Products Market Size, Share and Regional Analysis 2034

The global pet food products market size was valued at USD 148.62 billion in 2024 and is expected to grow steadily from USD 156.94 billion in 2025 to reach nearly USD 256.28 billion by 2034, with a CAGR of 5.6% during the forecast period from 2025 to 2034. The increasing demand for customized, organic, and premium pet food options, which may enhance pet’s health and wellbeing boosts the growth of the market. 

Pet Food Products Market Size 2025 to 2034

Key Highlights

  • By region, North America dominated the pet food products market share of 35 % in 2024, driven by the growing number of pet population.
  • By region, Asia Pacific is expected to grow fastest during the forecast period, driven by increasing demand for high quality food products.
  • By pet type, the dogs segment held a major market share of 45% in 2024, driven by the increasing demand for specialized and premium nutrition. 
  • By pet type, the cats segment is projected to grow at a CAGR between 2025 and 2034, driven by the increasing prevalence of novel and fresh protein. 
  • By product, the dry pet food segment held a major market share of 55% in 2024, driven by increasing demand for clean-label and premium pet foods.  
  • By products, the wet pet food segment is projected to grow at a CAGR between 2025 and 2034, driven by the increasing demand for ready-to-mix pet food products. 
  • By ingredient, the animal-based ingredients segment dominated the market share of 60% in 2024 due to the increasing awareness towards pet health and wellbeing. 
  • By ingredient, the plant-based ingredients segment is expected to grow fastest during the forecast period due to the increasing pet owner preference towards organic and clean-label pet food products.
  • By distribution channel, the offline retail segment dominated the market share of 65% in 2024 due to the increasing demand for offline stores.      
  • By distribution channel, the online retail segment is expected to grow rapidly due to the increasing demand for e-commerce platforms.   
  • By formulation, the conventional pet food segment dominated the market share of 70% in 2024 due to the increasing demand for ready-to-eat pet food options.
  • By formulation, the organic & natural pet food segment is expected to grow rapidly due to the increasing demand for organic food products.
  • By price category, the premium pet food segment dominated the market share of 40% in 2024 due to the increasing middle-class population. 
  • By price category, the super-premium pet food segment is expected to grow rapidly due to the increasing demand for high-quality food products.

Industry Coverage

Study Coverage Details
Growth Rate from 2025 to 2034 CAGR of 5.6%
Market Size in 2025 USD 156.94 Billion
Market Size in 2026 USD 165.73 Billion
Market Size by 2034 USD 256.28 Billion
Largest Market North America
Base Year 2024
Forecast Period 2025 to 2034
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

The pet food products market refers to the industry that manufactures and distributes food products specifically designed for domestic animals such as dogs, cats, birds, and other pets. This market includes a broad range of food items including dry food, wet food, treats, and supplements that are nutritionally formulated to meet the dietary needs of pets. Pet food can be further categorized based on animal type, ingredient types, distribution channels, and more. The increasing trend of pet ownership, growing awareness of pet health, and the rise of premium and natural pet food are driving the market.

One of the key significant factors driving the growth of the market is the rise in pet ownership. There is a growing preference towards nutritious and high-quality pet food, as more pet owners in metro and urban areas adopt pets. By promoting better health for pets, this trend supports market growth. In addition, the increasing disposable incomes of pet parents motivates them to invest in wholesome and natural food products for their pets. Furthermore, increasing trend of treating animals as a family and growing pet population across the globe are further expected to fuel the pet food products market.

  • Increasing creativity by pet food manufacturers: Companies are focusing on addressing several kinds of food products for pets to enhance their health and wellbeing, which is expected to fuel the growth of the market during the forecast period.
  • Increasing awareness of pet health and nutrition: Consumers are more informed and concerned about pet food to enhance their health, which is expected to enhance the growth of the pet food products market. 
  • Rise in sustainable packaging: to explore paper-based and compostable, contributed to accelerating the market demand, there is a increasing consumer preference towards eco-friendly brands and options, which further drives the market growth.

Market Opportunity 

Rising Technological Advancements in Pet Food Products

The rising technological advancements in pet food products are transforming market expansion. Increasing technological advancements are transforming pet feeding with automatic and instant feeders that make sure that pets are fed continuously and dispense food at decided times. Technology like Smart bowls which can scale and connectivity to mobile applications, can track food intake, nutritional metrics, and offer dietary recommendations, which further presents growth opportunities in the global market. In addition, increasing focus on functional, health-focused and personalized food and growing popularity are further expected to revolutionize the growth of the pet food products market in the coming years.

Market Challenge 

Increasing Stringent Government Regulations 

One of the major restraining factors hindering market growth is the increasing strict government regulations. Pet food products are one of the most demanding foods in developed and underdeveloped markets. Pet food products are studied strictly at every level in the developed market. The rise in rigidity connected with commercialization can be a major restraining factor hindering market growth. In addition, lack of acknowledgment for qualitative or high-quality pet food across various developing markets can also be a major restraining factor, which further hinders the expansion of the pet food products market.  

Pet Food Products Market Regional Insights

How North America Dominates the Market Revenue in 2024?

North America dominated the pet food products market revenue in 2024. The market growth in the global market is attributed to the rising innovation in pet food products, increasing regulatory standards, rising technological advancements in smart pet feeding, growing e-commerce platforms, increasing demand for health-focused and functional nutrition and pet humanization. The U.S. and Canada are dominating countries driving the market growth in the region.

Pet Food Products Market Share, By Region, 2024 (%)

The U.S. dominated the pet food products market revenue in 2024, driven by factors such as increasing adoption of cutting-edge processing technologies to enhance nutritional content, flavor, and product quality, increasing innovative packaging solutions such as biodegradable and resealable options and the increasing demand for personalized snack packs. About 86 million American households are rapidly adopting pets in the U.S., according to the American Pet Product Association, which contributed to propel the market growth in the U.S.  

Asia Pacific Pet Food Products Market Trends

Asia Pacific expects the fastest growth in the market during the forecast period. The market growth in the region is driven by factors such as increasing pet ownership, increasing demand for organic and natural pet food products, increasing awareness towards pet’s health and wellness and growing pet population. China, India, Japan and South Korea are the fastest growing countries driving the market growth in the region.

India is expected to grow fastest during the forecast period, driven by increasing demand for pet food, growing pet ownership, increasing consumer awareness towards pets' health and wellness. There are most trusted manufacturers in India for pet food products and allied essentials, such as the pet supplements, pet grooming essentials and pet treats. Indian Broiler Group and Mars Inc are the two largest pet food companies in India representing significant sales of pet food products India contributed to 100 million pets, such as 30 million in households. In India, there is approximately 29 millions of pet population, with around 24 million of dog population. With 73 percent opting to shop online, pet owners in India spend an average of Rs 23,000 per year on food and treats, which further increase the demand for dietary supplements of pet in India.

Segmental Insights

Pet Type Insights

How Dogs Segment Dominates the Pet Food Products Market Revenue in 2024?

Dogs segment dominated the market revenue in 2024. The segment growth in the global market is attributed to the. The segment growth in the market is attributed to the increasing dog ownership, increasing consumer desire or trend to treat dogs as family members, increasing demand for premium, natural and functional dog food and increasing rapid adoption of dogs and dog food. The right amount of food for dogs depends on various factors, such as health status, activity level, weight and age. Senior dogs, adult dogs and puppies all have different nutritional demands.

Pet Ownership in India

Category 2022 2023
% Households owning a dog 7.70% 7.90%
Households owning a dog 23,080.80 23,967.60

(Source: Government of.Canada.ca)

The Cat Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the market is driven by factors such as growing popularity of cats, increasing demand for cat food supplements and products, increasing cat ownership, increasing urbanization and increasing demand for premium and health-focused dietary foods. Cats are predatory carnivores and consume nutritional food from birds, small reptiles, fresh rodents and other prey animals. In addition, there are various benefits for cats consuming dietary supplements, such as addressing nutritional deficiencies, supporting health diseases, managing health-related needs, and ensuring balanced nutrition for specific diets, which is further expected to drive the segment growth.

Product Insights

Why Dry Pet Food Segment Dominates the Pet Food Products Market Revenue in 2024. 

The dry pet food segment dominated the pet food products market in 2024. The segment growth in the market is driven by benefits such as cost-effectiveness, longer shelf life, and convenience. Due to its dental health benefits, portion control, and ease of storage, various pet owners prefer dry food products. In addition, the increasing availability of specialized and nutritionally balanced dry formulas, including breed-specific options, high-protein and grain-free options, is looking for tailored nutrition for their pets and attracting health-aware consumers, which is expected to drive the segment growth.   

The Wet Pet Food Segment is Expected to Grow Fastest During the Forecast Period. 

Wet food is typically more potentially healthier and appetizing and offers hydration benefits and higher protein. As an addition or alternative to dry food, wet food is particularly good for picky eaters. Wet food tends to be higher in protein and lower in carbohydrates. Some wet pet food can promote weight loss and prevent weight gain. Wet food can help dogs maintain hydration as it has high water content, which may enhance segment demand.

Ingredient Insights

What Factors Help Animal-based Ingredients Segment Grow in 2024?

The animal-derived protein segment dominated the pet food products market revenue in 2024. Animal-derived protein includes lamb, fish, beef, chicken, and various protein sources, which help pets to improve their health. In addition, the segment growth in the market is attributed to the increasing disposable incomes, rapid urbanization, increasing demand for functional and premium pet foods, increasing popularity of novel and exotic proteins, increasing demand for high-quality protein diets, and rising pet humanization.   

The Plant-Based Ingredients Segment is Expected to Grow Fastest During the Forecast Period. 

The plant-based ingredients deliver functionality, nutrition and taste pet animals. Plant-based ingredients help pets replicate the richness, texture and taste of meat-based products. Pet food manufacturers address common plant-based product challenges to seamlessly bring mixed protein or vegan products to market. According to NielsenlQ data, plant-based protein appeared in 52% of pet foods in the U.S. in 2024. 

Distribution Channel Insights

How do Offline Retail (supermarkets/hypermarkets) Segment Dominates the Pet Food Products Market Revenue in 2024? 

The offline retail dominated the pet food products market products in 2024. The segment growth in the market is attributed to the increasing pet food product visibility and pet owner awareness towards pet health and wellness, and increasing strategic locations, coupled with promotional activities and competitive pricing. To serve varying pet owner preferences, supermarkets and hypermarkets play an essential role in the market by providing extensive shelf space and diverse product selections. In addition, offline retail leverages their robust logistics networks to ensure consistent availability and efficient distribution, which further accelerates the segment demand. 

The Online/E-Commerce Platforms Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the market is driven by factors such as increasing consumer trend towards online shopping, growing e-commerce platforms, increasing busy and modern lifestyles, increasing demand for online retail stores, doorstep delivery, easy return and exchange policies.  

Formulation Insights

How Conventional Pet Food Segment Dominates the Pet Food Products Market Revenue in 2024?

The conventional pet food segment dominated the market revenue in 2024. Conventional pet food deals with products made from ingredients that involve GMOs, pesticides and additives. Conventional pet foods are more convenient and affordable than organic pet food and make them convenient to a huge range of pet owners. Conventional pet foods are readily accessible and affordable for pet owners. These factors are expected to drive the segment growth in the global market.

The Organic and Natural Pet Food Segment is Expected to Grow Fastest During the Forecast Period. 

Natural and organic pet food are made with plant-based ingredients. They use natural preservatives such as rosemary extract and vitamin E, which are convenient and safer for pets. They can help to support pet’s health and wellbeing and reduce the risk of allergic reactions, which may expected to drive the segment growth.

Price Category Insights

Why did the Premium Pet Food Segment Held the Largest Pet Food Products Market Revenue in 2024?

The premium pet food segment dominated the pet food products market revenue in 2024. The segment growth in the global market is driven by factors such as the growing e-commerce platforms, rising preference towards personalized food products, increasing focus on functional and preventive ingredients and increasing demand for high-quality pet food products.

The Super Premium Pet Food Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the global pet food products is attributed to the various benefits such as suits all life stages, treats health diseases, vet approved, nutritious, balanced diet, produces smaller stools and easily digestible, healthy pet inside and out, and lower cost per feed.

Recent Developments in the Pet Food Products Market

Godrej Consumer Products Limited (GCPL)

  • Launch: In May 2025, Godrej Consumer Products Limited (GCPL) announced the launch of a pet care brand, Godrej Ninja under Godrej Pet Care (GPC). The aim behind this launch was to expand its footprint into the pet market. (Source: Global PETS)

Avanti Pet Care

  • Launch: In March 2025, one of India's largest aquaculture companies, a subsidiary of Avanti Feeds, Avanti Pet Care launched cat food brand, Avant Furst. (Source: Petfood Industry)

Pet Food Products Market Leading Companies

Pet Food Products Market Companies 

  • Mars Petcare Inc.
  • Nestlé Purina Petcare
  • Hill’s Pet Nutrition
  • Colgate-Palmolive (Hill’s Pet Nutrition)
  • Diamond Pet Foods
  • Spectrum Brands (United Pet Group)
  • J.M. Smucker (Big Heart Pet Brands)
  • Nestlé S.A. (Purina)
  • Mars Inc. (Pedigree, Whiskas)
  • Petco Animal Supplies Inc.
  • Blue Buffalo Pet Products, Inc.
  • General Mills (Blue Buffalo)
  • Nutro Products, Inc. (Mars Inc.)
  • Unicharm Corporation
  • WellPet LLC
  • Cargill, Inc.
  • The Honest Kitchen
  • American Pet Nutrition
  • Canidae Pet Food
  • Evangers Dog Food Company, Inc.

Segments Covered in the Report

By Pet Type

  • Dogs
    • Dry Food
    • Wet Food
    • Treats & Snacks
    • Supplements
  • Cats
    • Dry Food
    • Wet Food
    • Treats & Snacks
    • Supplements
  • Other Pets (Birds, Fish, Small Mammals, Reptiles)
    • Dry Food
    • Wet Food
    • Treats & Snacks
    • Supplements

By Product Type

  • Dry Pet Food
    • Kibble
    • Biscuits
    • Other Dry Formats
  • Wet Pet Food
    • Canned Food
    • Pouch Food
  • Pet Treats and Snacks
    • Biscuits
    • Jerky
    • Rawhide
    • Dental Chews
    • Training Treats
  • Pet Supplements
    • Joint Health
    • Digestive Health
    • Skin & Coat Health
    • Weight Management
    • Multivitamins

By Ingredient Type

  • Animal-based Ingredients
    • Poultry
    • Beef
    • Fish
    • Lamb
    • Other Animal Proteins
  • Plant-based Ingredients
    • Grains (Rice, Wheat, Corn, Barley)
    • Vegetables (Carrots, Peas, Sweet Potatoes)
    • Fruits (Blueberries, Apples, etc.)
  • Others (Functional Ingredients)
    • Omega Fatty Acids
    • Probiotics
    • Prebiotics

By Distribution Channel

  • Offline Retail
    • Pet Specialty Stores
    • Supermarkets/Hypermarkets
    • Veterinary Clinics
  • Online Retail
    • E-commerce Platforms
    • Direct-to-Consumer Brands

By Formulation Type

  • Organic & Natural Pet Food
  • Conventional Pet Food

By Price Category

  • Premium Pet Food
  • Super Premium Pet Food
  • Economy Pet Food

By Regional

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa (MEA)
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Food & Beverages, specializes in market research, focusing on supply-demand evaluation, pricing analysis, alternative proteins, plant-based foods, and sustainable food technologies within the industry.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Food and Beverages market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards FnB's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Insights

FAQ's

The global pet food products market was valued at USD 148.62 billion in 2024 and is expected to reach USD 256.28 billion by 2034, growing at a CAGR of 5.6%. Growth is driven by increasing pet ownership and the rising demand for premium, organic, and functional pet food products.

Asia Pacific is expected to experience the fastest growth, driven by rising pet ownership, growing disposable incomes, and increased demand for organic and natural pet food products, especially in countries like India, China, and Japan.

Technological innovations like smart feeding systems, such as automated feeders and connected bowls, are transforming the market by enabling better pet health management. These technologies are opening new avenues for growth and market expansion.

Significant trends include the rise of sustainable packaging, the increasing preference for clean-label products, growing demand for organic and functional foods, and personalized pet food options for specific health needs.

Challenges include stringent government regulations, fluctuating raw material prices, and lack of high-quality pet food recognition in emerging markets, which can limit growth, especially in developing regions.

While dry pet food holds a significant share due to its cost-effectiveness and longer shelf life, the wet pet food segment is expected to grow faster due to its higher protein content, hydration benefits, and appeal to picky eaters.

The offline retail segment (supermarkets, hypermarkets, and pet stores) dominates the market, but the online retail segment is rapidly expanding, driven by growing consumer preference for e-commerce platforms offering doorstep delivery and easy returns.

The e-commerce segment is expected to grow rapidly, driven by increasing adoption of online shopping, the convenience of home delivery, and the ability to compare products. Direct-to-consumer brands are leveraging digital platforms to offer personalized pet food and attract health-conscious consumers.