PUBLISHER: Grand View Research | PRODUCT CODE: 1986332
PUBLISHER: Grand View Research | PRODUCT CODE: 1986332
The global pet food market size was estimated at USD 128.73 billion in 2025 and is projected to reach USD 191.24 billion by 2033, growing at a CAGR of 5.1% from 2026 to 2033. The demand for pet food products is anticipated to be driven by growing consumer inclination toward the adoption of pets, along with rising concerns regarding pet health and wellness.
Improvements in overall digestion and the performance of pet animals owing to the consumption of nutritious food are also likely to boost the growth of the pet food and care products market. The pet food products available in the global market rarely vary, prompting manufacturers to include multifunctional and innovative ingredients in their offerings to curb this similarity bias. Convenience is likely to play a vital role in driving this industry, given the increased popularity of prepared pet food and the supporting role of the pet food packaging market.
The increasing availability of organic products in a variety of flavors, along with the inclusion of essential ingredients such as probiotics and antioxidants, is likely to have a positive impact on the organic pet food market and the pet food ingredients market. Rising concerns among pet owners have been observed due to various health issues affecting their pets. Joint disease due to a lack of exercise and overfeeding was one of the main reasons pets were overweight. According to the American Pet Products Association (APPA), USD 123.6 billion was spent on pets in the U.S., including pet food & treats, supplies, vet care, and other items. In 2021, the highest sales in the country, amounting to USD 50.0 billion, were attributed to pet food and treats.
Pets also suffer from high blood pressure and diabetes. Pet owners are increasingly adopting nutritious foods manufactured by various companies, driven by rising awareness of the importance of maintaining their pets' health. This shift in consumer preferences is expected to positively impact the pet food additive market over the forecast period.
Diseases, such as osteoarthritis, among dogs and cats have considerably increased, with over 50% of cats and dogs reportedly suffering from it globally. The demand for pet food has grown significantly over the past few years. Large companies manufacture high-quality products, while others are attempting to market less expensive imitations. This is expected to act as a restraining factor for the growth of the frozen pet food market.
The raw materials utilized in every pet food extrusion market segment are primarily commodities and agricultural-based products. Grains, fruits, and animal protein meals, among other ingredients, are procured from various suppliers. The cost, quality, and availability of these key ingredients have fluctuated in the past and are expected to fluctuate in the future as well. For instance, in March 2023, pet food prices in America rose by 15.1% YoY. As a result, residents are considering giving away their pets. Such sudden and sharp increases in the prices of pet food can adversely affect market growth.
Global Pet Food Market Report Segmentation
This report forecasts revenue & volume growth at the global, regional & country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global pet food market report based on product, pet type, category, distribution channel, and region: