Dog And Cat Food Market Expected to Surpass USD $88.89 Billion by 2029, Expanding at 7.1% CAGR
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What Is the Expected Market Growth Rate for the Dog And Cat Food Market?
The dog and cat food market size has grown strongly in recent years. It will grow from $62.99 billion in 2024 to $67.46 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to traditional pet ownership culture, convenience and busy lifestyles, pet humanization trend, vet-recommended diets, increasing urbanization.
The dog and cat food market size is expected to see strong growth in the next few years. It will grow to $88.89 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to health and wellness focus, premiumization and specialized diets, e-commerce growth, sustainable and ethical pet food choices, customization, and personalization. Major trends in the forecast period include health and wellness focus, rise of alternative proteins, increased emphasis on transparency, aging pet population and specialty diets, innovations in packaging.
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What Are the Leading Growth Factors in the Dog And Cat Food Market?
The rising pet adoption is expected to propel the growth of the dog and cat food market going forward. Pet adoption refers to the act of adopting a pet from a prior owner who has abandoned it or given it to a shelter. It involves taking custody of and assuming responsibility for the animal. Pet adoption increases the demand for dog and cat food to fulfil the nutritional requirement of the pets, so rising pet adoption will propel market growth. For instance, in 2023, according to an article published by the Shelter Animals Count, a US-based nonprofit organization, in 2023, there was an increase of 109,000 dog adoptions and 34,000 cat adoptions compared to 2022. Therefore, the rising pet adoption is driving the dog and cat food market.
Which Segment Holds the Largest Share in the Dog And Cat Food Market?
The dog and cat foodmarket covered in this report is segmented —
1) By Food Type: Dry Food, Wet Food, Treat And Snacks, Other Food Types
2) By Nature: Organic, Conventional
3) By Sales Channel: Supermarkets And Hypermarkets, Specialized Pet Shops, Online, Other Sales Channels
Subsegments:
1) By Dry Food: Kibble, Biscuit And Crunchy Treats
2) By Wet Food: Canned Food, Pouch Or Sachet Food, Fresh And Refrigerated Food
3) By Treats And Snacks: Dental Chews, Training Treats, Chewable Snacks
4) By Other Food Types: Raw Food (BARF), Freeze-Dried Food, Homemade And Organic Options
What Are the Key Trends Shaping the Dog And Cat Food Market?
Product innovations are a key trend gaining popularity in the dog and cat food markets. Major companies operating in the dog and cat food market are focused on developing innovative products to strengthen their market position. For instance, in September 2023, Omni Pet Ltd., a UK-based provider of plant-based pet food, launched Meat-Style Wet Food. The new range is designed to provide dogs with the same taste and texture of meat while still being 100% plant-based. The new Meat-Style Wet Food range is made with high-quality plant-based ingredients, including soy protein, pea protein, and lentils. The food is also fortified with essential vitamins and minerals to ensure that dogs are getting the nutrients they need. The food can be purchased in either a can as a full meal or as a topper sachet to be combined with dry food.
Which Companies Hold the Largest Share in the Dog And Cat Food Market?
Major companies operating in the dog and cat food market include Nestlé Purina PetCare Company, The J.M. Smucker Company, Evanger’s Dog & Cat Food Company Inc., Hill’s Pet Nutrition Inc., Affinity Petcare S.A., Nutro Products Inc., Unicharm PetCare Corp., Total Alimentos S.A., Nutriara Alimentos Ltd., Party Animal Inc., Rollover Pet Food Ltd., Burgess Group plc, Freshpet Inc., Mars Inc., Colgate-Palmolive Company, Diamond Pet Foods Inc., Blue Buffalo Company Ltd., WellPet LLC, Merrick Pet Care Inc., Ainsworth Pet Nutrition LLC, Champion Petfoods LP, Royal Canin USA Inc., Iams Company, Friskies PetCare Company, Sheba Company, Meow Mix Co.
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Which Region Is Projected to Account for the Largest Share of the Dog And Cat Food Market?
North America was the largest region in the dog and cat food market in 2024. Asia-Pacific is expected to be the fastest-growing region in the dog and cat food market report during the forecast period. The regions covered in the dog and cat food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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