Current trends in the pet industry.

Current trends in the pet industry In this blog post, we'll explore the most exciting tech trends in the pet-care industry for 2025. While the supermarket is still the most popular channel for buying pet food, its popularity is declining, from 74% for dog owners 3 years ago to 64% in 2023 and 84% for cat owners to 70%. Discover the latest trends, innovations, and insights that are shaping the future of Understand the latest market trends and future growth opportunities for the Pet Care industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation. Value Hackers This report forecasts revenue growth at the country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. 6% by June 2024, offering pet owners a reprieve. Pet care is evolving, too. Sustainable Cat Products. An increasing number of cat owners are choosing to buy products for their pets that are eco-friendly and sustainable. Here are the latest numbers. Sep 16, 2024 · Major pet brands. North America accounts for a lion’s share of the pet industry with 67% of US households owning a pet. food. Pet owners are increasingly seeking out customized experiences for their furry companions, from grooming services tailored to specific breeds to nutrition plans based on an individual pet’s needs. 1 But, the pet industry is experiencing significant shifts, with growth now being driven exclusively by online sales as brick-and-mortar trends have flattened. With the pet care landscape evolving, it’s essential to stay up-to-date with the latest trends shaping the industry. The pet care industry includes pet food and treats, as well as accessories, veterinary and health care, insurance, and services like walking, grooming, pet sitting, and daycare services. ; Technology – We are seeing pet services and Apr 16, 2024 · On March 20-22, 2024, pet industry professionals from across the globe gathered at the Orange County Convention Center in Orlando, Florida, for the Global Pet Expo. pet market amounted to a staggering $147 billion in 2023. ; The number of pets in the UK rose 9% between 2022 and 2023 Apr 10, 2024 · The pet industry is doing fantastic in 2024 so far. Jul 28, 2022 · The Impact of pet inflation trends on pricing ; Share of U. Likely trends within the market will include a further shift towards commercial food and may see The video delves into the exciting and ever-changing trends in the pet industry, exploring the latest developments in premium pet food, the emergence of innovative services that go beyond traditional daycare and grooming, and pet fashion. Mar 6, 2025 · By adopting AI-driven solutions to connect with customers, build trust, and deliver value, pet food companies can position themselves as leaders in an evolving industry. Mar 24, 2025 · Mintel looks at how the latest pet ownership trends are impacting the pet care industry. Smart devices for dogs will become even more advanced, incorporating AI to offer personalised insights into health and Whether your business is new or a decade old, it’s a great time to be involved in the pet industry. The findings may be Explore the booming pet care industry in India with TGM Global Pet Care Report 2024: rising pet ownership, changing lifestyles, increased pet humanization. com Aug 1, 2024 · Additionally, the dedicated Emerging Brands section will highlight over 80 new companies, showcasing the latest innovations and trends in the pet industry. 5% increase from 2023, according to the American Pet Products Association. pet industry. This time around, the company expects technological advancements to be a harbinger for industry growth in the coming year. From engraved collars to bespoke beds, pet owners are embracing products that reflect their pet’s personality. This included 1,000+ product launches Oct 15, 2024 · According to the APPA and its State of the Industry Report, total industry sales topped $147 billion in 2023, an increase of about $10. Oct 25, 2024 · Today, the total Pet Care market is worth more than $83B. This market was valued at $94. These industries rake in millions of dollars each year. From AI-driven tools to luxurious spa treatments, discover the latest trends shaping the way we pamper our furry companions. A comprehensive analysis of the US pet market reveals a robust industry, with detailed segmentation by pet type, ownership, product type, and services, providing insights into current trends and future prospects. Pet food and treats, vet care and supplies sale, pet insurance companies, accessories, etc. Jan 23, 2025 · Australian Pets 1. Many pet daycare facilities are now using technology to improve their services and enhance the experience for pets and their owners. It is the responsibility of pet food processors to formulate their products according to the appropriate AAFCO standard. More and more pet owners are influenced by sustainability, and most are inherently concerned with their pets’ health. Harringtons Pet Food, a brand owned by Inspired Pet Nutrition, has the lowest search volume of 390. Every year, we see the emergence of new toys, gadgets, and services to help pet owners care for their pets—making it important to stay in the loop for current trends! [5] Li Jie Na. 5 million annually, derived from a Morgan Stanley Research report. US pet industry and e-commerce. Predictions show that the pet grooming industry will increase to $14. Representatives from the market research firm dove deep into market growth, the latest consumer insights, sustainability trends and more. Aug 28, 2024 · Appealing to the investors. Explore the latest trends in Australia's pet industry with insights on market growth, pet ownership, and emerging sectors in 2024. Apr 21, 2021 · The largest shifts, in value terms, have been in pet nutrition. Nov 18, 2019 · The pet treats and chews market closely follows the major trends in pet food overall, given that many of the same marketers, brands and product benefits are at play. GlobalPETS highlights key takeaways from the 2-day event. 5 billion) in 2020. 41 billion was spent on pet food and treats (a 10. 3 million people and pays over $60 billion in wages, benefits, and salaries. Jan 31, 2025 · When traveling, 55% of US dog owners adjust their plans to accommodate their pets, and 47% take their dogs along for trips lasting 2 or more nights. (Pet Food Industry) The dog food industry is expected to see a Compound Annual Growth Rate (CAGR) of nearly 5% which will Apr 3, 2024 · Pet product prices are inflated to an all-time high–how is this impacting consumer preferences? Download NIQ’s Q3 2023 Pet Trends report for valuable insights into the current trends shaping the pet industry. 34 billion USD in 2021. With this shift in perspective comes a wave of trends that reflect our growing understanding of their needs and Pet Industry Trends for 2022 as customer preference for shopping for pet products on ecommerce sites is estimated to grow at 9. Discover more than pet food in our State of Pet Nutrition 2025, where we explore the latest trends in pet nutrition, new veterinary treatments, and changing regulations. ” The same study found that “Of the pet owners surveyed, nearly 71% say they spend between $1 and $50 on their fluffy friends during the holidays, about 23% Jan 9, 2025 · As sustainability takes center stage in consumer choices, the pet industry is embracing eco-conscious innovations. Nowadays, pet owners prefer dietary food items to avoid obesity & unexpected weight loss issues among their kids. Stay ahead of the curve in pet grooming for a happier Feb 13, 2025 · News & Newsletters; Petfood Forum News; Population growth and pet humanization transforming industry. pet grooming services market report based on pet type, breed size, services, and delivery channel: Jun 26, 2024 · This is not different in the Chinese market. Oct 20, 2023 · Trends Highlighted at the Global Pet Expo What trends will define the pet care industry in 2024? ‍There are a number of compelling trends pet businesses should be tracking going into 2024, including CBD supplements, personalized nutrition, pet tracking technology, sustainable toys, and pet probiotics. Aqua Project: The Latest Trends in the Aquarium Industry at Zoomark 2025. Spending growth in the pet industry could reach 7% annually by 2030 Jan 18, 2024 · Pet ownership is at an all-time high, with 66% of U. But that's not the full story. ; The Canadian pet food market size was $3. Dec 22, 2023 · Current Trends in the Pet Product Industry Rise of Pet Supplements. We offer customised treats based on a pet's specific needs, breeds, and dietary restrictions. Mar 18, 2024 · This sentiment was a large part of the story told by three pet industry experts — Shannon Landry Brown, pet brand manager at Packaged Facts, David Sprinkle, former publisher and research director of Packaged Facts, and David Lummis, president of Marigny Research Group — in a webinar hosted by Packaged Facts on March 13. 9 billion by 2032, for a market growth rate of 3. In fact, eCommerce spending is expected to reach $36 billion in 2023 — a 20% projected increase from 2022. 4% from 2024-2032. pet owners say the current economy has not affected their pet ownership. The pet technology market is forecast to expand significantly. Seventy-seven percent of U. Diana Rosero-Pena will share highlights about the 2025 pet economy report, which indicates the global pet care industry will expand more than 45% to exceed US$500 billion by 2030, in her Petfood Forum session. 2 billion ($207. Asian and European markets have also witnessed a steady increase in pet adoption, and the pet care markets in these regions are estimated to grow at a From smart devices to AI-powered solutions, the fusion of technology and pet care creates a new era of convenience, safety, and health for our furry friends. Popular supplements include dog vitamins, cat fish oil, and dog probiotics. Pets & Animal Supplies. Whether you're a passionate pet groomer, a visionary entrepreneur in the pet tech space, a dedicated veterinarian, or a retail aficionado specializing in pet products, there's an event tailored just for you. THE DEAL HOUND. The pet industry in the United States is booming. Personalization is key in the future of the pet industry. Fresh data from market researcher Euromonitor International projects that the pet food segment will increase at a higher pace than the overall industry, with the market representing €140. Canada’s expanding pet demographics In 2024, the pet population in Canada showcases the country’s enduring love for animals and the number of pets in the country is expected to exceed 28. ; The Canadian To get started, here are some statistics to sum up the current state of the pet industry. 5 million cats in the UK. Stay ahead with data-driven insights on emerging trends, consumer preferences, and cutting-edge innovations transforming the pet care industry. EVOLVING OPPORTUNITIES AND TRENDS IN THE PET INDUSTRY researchers, the current study forms a basis upon which future research on pet industry may be established. As the pet food landscape grows increasingly data-driven and customer-centric, AI will be a vital tool in shaping the future of the industry. Sep 28, 2024 · 4. com and Chewy. Mar 4, 2025 · In the US, pet industry expenditure rose to an estimated $151 billion in 2024, a 2. [7] Chen Weicai. In 2025, sustainable pet toys made from recycled materials, biodegradable options, and even ocean plastics will become the gold standard for environmentally aware pet parents. There are 13. Mar 26, 2025 · 1. There are approximately 30 million pets in Australia. Sep 29, 2021 · For the first time, pet industry sales exceeded $100 billion, according to trends in pet spending from the APPA 2020 State of the Industry Report. 2 billion(€80. If you buy anything through our links we earn a commission at no extra cost to you. Fresh dog food sales have risen 86. It examines collectively and separately four sectors of pet products and services – pet food, non-food pet supplies, veterinary services, and non-medical pet services. Apr 26, 2024 · AMA’s latest Pets in Australia survey shows that most pet supplies are sold through supermarkets and pet stores. Dec 3, 2024 · Risch stated she didn’t have the statistics for baby care, but eight in 10 pet owners are willing to adjust their budget to afford the expenses of their pet. The global pet market is worth $246 billion. $157 billion in sales is projected for 2025. But what lies ahead for this booming industry? At the Indian Pet Industry Dialogue (IPID) held in New Delhi a few months ago, regional pet players discussed upcoming trends relevant to stakeholders, manufacturers, investors and business owners. Here’s a roundup of the top pet tech trends you can expect to see in 2025. ; People in the USA spent $89 billion on their pets in 2023. This report provides a comprehensive overview of the current state and future prospects of the pet food market, highlighting key trends and challenges. Explore M&A Activity, Capital Market Conditions and Current Trends for the Pet Industry. It is projected to reach over $150 billion (€139B) in 2025 and closer to $200 billion (€185B) by 2030. Oct 31, 2023 · The Indian pet industry is growing at an exciting speed through large investments. Stay ahead of the curve by delving into the realm of plant-based diets for pets and the Apr 18, 2024 · The global pet care industry is forecasted to represent €191. Access the Latest Report. [6] Yuan Yuan. Fresh and Raw Diets: 16% of dog owners and 12% of cat owners now opt for fresh pet food. Pet market size China 2015-2025. The US remains the biggest region in the global pet economy, with 40% of industry sales. and stay up to date on the latest trends in the pet industry. Aug 9, 2024 · Current statistics on this topic. 1. Along with shifting consumer preferences and advances in technology, a deeper understanding of pet behavior and development is innovating our entire approach to pet care. Powered by evolving perceptions of pet ownership across the globe, the pet care industry is poised for continued growth in 2024. 5. For people working demanding jobs in expensive cities, the space and time investment in having kids is prohibitive. Over the past 5 years, the industry has been the subject of considerable scaremongering, particularly on social media, about the nutritional quality of pet. 92 billion in 2025 to USD 193. BARKING BUDDHA May 29, 2024 · The pet industry comprises live animal purchases, pet food, pet supplies, pet services such as grooming and boarding, and vet care. The GlobalPETS Forum (GPF) 2025, held in Prague from 22 to 24 January, marked its 25th edition and brought together pet industry insiders from around the world to discuss Jan 29, 2025 · The Current State of the Pet Industry 5. If you’re attending this year’s trade show, you’ll want to check out the following summaries that describe what buyers can find from select exhibitors on the show floor. Therefore, the increasing prevalence of obesity among pet dogs & cats will offer newer industry growth opportunities. 4% — a sizable increase over its already 13% market share. 000+ pet professionals in 130+ countries and dives into the latest industry insights and trends. Due to COVID-19 in 2020, more people than ever relied on online shopping and subscription services to get what they needed. Mar 18, 2025 · Looking ahead, the dog industry is poised for further growth and innovation. “The interesting thing about the pet category is it’s a bit more challenging to trade down to find the right brands, the right products, and be able to make the compromise. May 21, 2024 · The pet food industry is undergoing rapid growth and transformation, influenced by changing consumer behaviors and technological advancements. The global pet care market is estimated to grow from $246 billion in 2023 to $368 billion by 2030 Dec 4, 2024 · Canada’s latest statistics and trends highlight a growing pet population, booming pet industry, and shifting towards premium products and services. 8% in 2023. State of the Pet Industry: Key Statistics. 45%) from 2022. 66 billion in 2024. That said, keeping up with current trends and adjusting your business strategy accordingly is important. Discover the latest pet industry insights from APPA with the 2025 State of the Industry Report, including ownership trends, pet-related purchasing behavior, and consumer sentiment information. According to iResearch, the total pet industry in China was valued at EUR 36. From the rise of pet influencers driving consumer choices to the increasing demand for sustainable and traceable products, discover how eco-consciousness and dietary preferences are transforming the market. Presented by the American Pet Products Association (APPA) and the Pet Industry Distributors Association (PIDA), the exhibit floor showcased 1,100+ companies, including 300 first-time exhibitors. 05 billion by 2027. Pet care is the top dog in the fast-moving consumer goods (FMCG) category – now and before COVID-19 – surpassing even grocery and dairy. ; In 2023, there was an 16% increase in pet food sales in Access the Foremost Pet Owner Research. com Jan 7, 2025 · The 20 Pet Industry Statistics. — During its “The State of Pet: What’s Next and What’s Trending in 2023” presentation, NielsenIQ shared its latest pet industry research at Global Pet Expo from March 22 to 24 in Orlando. People's growing demand for pets and the support of modern technology have allowed the pet industry to develop more types of products. Jul 18, 2023 · Toward the end of 2022, the Association of American Feed Control Officials (AAFCO) released new standards for the fresh pet food industry. The Pet industry consists of many significant branches. New research unveils the US state of play in pet-friendly rentals. AAFCO establishes the nutritional standards for complete-and-balanced dog and cat foods. Here are some more interesting facts about pet industry statistics in the US: 24% of Gen Xers — born between 1965 and 1981 — own pets. Subscription Models are gaining popularity, with 17% of dog owners and 13% of cat owners embracing Jan 1, 2022 · PDF | On Jan 1, 2022, Wangyi Zhang and others published Analysis of the Future Development Trend of the Pet Industry | Find, read and cite all the research you need on ResearchGate Jan 13, 2025 · The 15 Pet Industry Statistics in the UK. 3 billion in 2023, registering a compound annual growth rate (CAGR) of 23. While in-store sales have softened across categories like Specialty Animal Food and Pet Accessories, online channels are seeing Jul 12, 2024 · Get the latest insights, analyses and market trends in our newsletter, podcasts and videos. Jan 9, 2025 · The research notes that pet industry M&A activity has been “muted” in 2024, continuing a drop-off that began in 2022. Apr 21, 2025 · Pet Care Market Trends. Follow Author. The market is projected to grow from USD 132. Premium Statistic Share of pet industry China 2023, by segment Jan 9, 2025 · Pet companies can now reach more consumers directly via social media through shoppable videos, live shopping and product showcases. Oct 10, 2024 · According to NielsenIQ, the pet industry is up from year. ; Grain-free dog food sales only grew by 4. Keep up with the latest pet food trends on our Trends page. This trend extends towards telehealth that offers online consultation for pets and their owners, where the number of users in Singapore increased by 8 times in a six-month period in 2021, with a current estimated market size of US$200M in Southeast Mar 20, 2025 · The 20 Canada Pet Industry Statistics. Searches for Mars’ Royal Canin and pet supplies store Pet Planet show the highest interest decline of -24% each. Pet grooming services hold 10%, growing due to rising demand for pet wellness, hygiene, and luxury grooming experiences. Recognizing this dilemma, pet industry brands are now creating premium products that make petcare less demanding. Jan 22, 2025 · The 10 Dog Food Trends in 2025. The pet industry shows continued growth and resiliency, with the total U. pet industry expenditures reaching $152 billion in 2024. 1 Furry family Dec 29, 2024 · The 2025 dog grooming trends are driving significant changes in the pet care industry, with the sector booming as pet owners become more invested in their dogs’ health, wellness, and style. In recent years, the pet daycare industry has seen several notable trends that are shaping the way pets are cared for. Numerous mergers and acquisitions have taken place as investors seek to consolidate businesses and expand their market share. Apr 21, 2023 · In terms of trends, grain-free products are already popular, and insect-based foods are on the rise. 96 billion USD by 2029. The global dog food market is expected to be worth $82 billion by 2026. The cat’s out of the bag and pets are now officially part of the family. Pet ownership regains momentum. Pet industry in Ireland news updates. Mar 26, 2022 · This article will focus on using data analysis to figure out the dynamics of the pet market. Jun 26, 2023 · The growth of eCommerce has played a major role in CPG growth over the past few years. Natural and Organic Ingredients Pet owners are increasingly looking for treats made with natural and organic ingredients. Here are 9 significant trends in the pet industry for 2023 and beyond, reflecting how our relationship with pets is becoming more sophisticated and integrated into our lifestyles. Trends for pet care. According to Michigan State University, the pet industry had an overall economic contribution in 2023 of $303 billion, an increase of 16% from 2022. pet industry, factoring in the longer-term impacts of the coronavirus pandemic. Surveys show that a majority of owners consider their pets members of their family, and this societal shift in perspective is expanding across major pet-owning markets. 5 million dogs and 12. US and Europe snapshot. Discover key trends and opportunities for pet businesses in 2025. 8% increase from 2022) Access the Latest Report. They could order everything from the comfort of their couch without needing to be around anyone and have it delivered straight to their door. The pet market size is expected to reach EUR 104. Pet ownership is the obvious replacement, but most animals still require plenty of TLC. The latest issue In this issue, you’ll discover: In addition to these pet industry trends, according to a poll by OneVet, “ 93% of pet owners buy at least one gift for their pet, millennials are most likely to purchase five or more. Elevate your pet care game with insights into personalized plans, holistic wellness, and the fashion-forward evolution of pet styling. The results of the analysis show that the market economy of the pet industry will show a growing trend in the future. 2. Key players include: Jun 12, 2023 · What Are The Latest Pet Industry Trends For 2023? The latest pet industry trends for 2023 include a focus on pet health and wellness, increased demand for natural and organic pet products, and a growing interest in sustainable and eco-friendly pet products. Pet Subscriptions/Online Delivery. FYI, this post includes affiliate links. The Canadian pet food market is expected to grow to 5. Luxury Pet Resorts Luxury pet resorts are on the rise, offering dogs a vacation-like experience. 2B) by the Oct 17, 2023 · Mobile apps for pet care, pet-sitting services, and pet health tracking have gained popularity. Apr 12, 2023 · ORLANDO, FLA. Jan 24, 2025 · Explore our curated list of 50+ pet industry events that cater to a diverse range of pet professionals. 3 billion in 2025. A thriving industry equals employment opportunities; the U. Price increases are hitting every aspect of the pet industry, as well as non-pet industries, leaving no one Jan 8, 2025 · How many people are employed within the pet industry? The pet industry is obviously a booming business with no signs of slowing down. Sep 15, 2024 · As a Futurist focused on purpose-driven business, I recognize that as we look ahead, pets are more than just animals; they are beloved members of our families and integral to our wellness. Feb 3, 2025 · In January, 300 industry insiders met in Prague to explore challenges, trends, and opportunities in the pet industry. 2% from 2012 to 2023. Pet health has improved. Health and nutrition are critical 2024 trends, as well as sustainability and searching for quality at a lower price. A branch of the general pet industry, the global pet care market was valued at $246 billion in 2023, and is on track to continue growing steadily. May 2, 2023 · The pet industry is constantly evolving, with new trends and innovations emerging all the time. Automatic pet care devices. $64. Nov 27, 2023 · These trends provide insight into changing consumer values, exploring how consumer behavior is shifting and causing disruptions for businesses globally. In recent years, private equity firms have become more active in the pet industry. So, whether you’re looking for a category to add to your eCommerce site. The report examines pet food, non-food pet supplies, veterinary services, and non-medical pet services — paying particular attention to the market impact of e-commerce and technology. Mar 8, 2024 · Explore the dynamic shifts and emerging trends shaping the pet industry in 2024 and beyond. Mar 22, 2024 · For more information, be sure to read the report US Pet Market Outlook, 2024-2025 from Packaged Facts, which analyzes current and projects future retail sales and trends across the US pet industry. Jan 17, 2025 · Here are the most interesting trends in the pet industry: Personalized Pet Products Customization is becoming a major focus in the pet industry. The pet grooming market is on a good path to become one of the most important pet industry trends in 2024. 52% during the forecast period. The company will develop a state-of-the-art Pet care product developers must design their products to align with the current trends in the category and the broader socio-cultural macro-trends appealing to humans. The pet industry is worth around $100 million a year. Mar 20, 2025 · As such, the pet technology industry continues to grow and advance in ways that benefit pet owners and their furry companions everywhere. 65 billion by 2032, exhibiting a CAGR of 5. Dec 16, 2024 · From AI-powered tools to next-level health monitoring devices, the future of pet care is looking smarter than ever. Feb 5, 2025 · Pet Care Inflation declined from a peak of 15. ; A quarter of owners buy toppers for their dog’s food Jul 11, 2024 · The pet care industry is booming. Top Current Trends in the Pet Treat Industry So, in 2024 what are the current trends in the Pet Treat industry: 1. By 2025, several key trends are expected to shape the sector: 1. As organic, natural pet food options become widely available, more pet owners are choosing this option over traditional, processed pet food. Dec 14, 2023 · From pet ownership trends to consumer spending behaviors to the industry’s economic impact, APPA’s new report covers the gamut of the entire pet and pet nutrition industries. Some current trends Natural Mar 24, 2023 · BI finds that positive trends in the largest pet industry category, alongside elevated levels of stickiness as pet owners continue to be reluctant to switch diets for their pets, may allow the Apr 1, 2024 · As pet ownership levels continue to slow for Millennials, Gen Xers and Baby Boomers and skyrocket for those in Gen Z, the pet industry will need to evolve in order to capture these newer, younger pet parents. 5% since 2021. For instance, if creating a new pet food product, it is crucial to ensure it aligns with at least one of the current socio-cultural macro-trends. Jan 29, 2025 · Discover the latest pet insurance trends for 2025, from rising coverage options to tech-driven policies. Mar 20, 2023 · With a ton of growth behind the industry — and significant growth on the horizon — NielsenIQ shared the top trends emerging pet supply and nutrition brands should keep their eyes on to succeed in the market. Half of that revenue will be made in the United States. Based on data from 2018 to 2023, the pet industry is in a good spot—in fact, it's on an upward trajectory: Overall spending in the U. S. ; 57% of UK households keep pets. Nov 27, 2018 · Treats – Pet parents feed their pets 8-10 treats a day and the trends in which treats are succeeding are following the same trends as pet food. People’s growing demand for pets and the support of modern technology have allowed the pet industry to develop more types of products. 5 billion by 2025. Oct 28, 2023 · The pet industry continues to evolve rapidly, with new trends emerging that cater to the ever-changing needs of pet owners and their furry companions. The US pet food market is expected to grow to $59. One of Ireland’s largest pet food manufacturers, Irish Dog Foods, is investing €20 million ($20. Key trends are clearly and succinctly summarised alongside the most current research data available. Let’s dive into the current trends that are reshaping the world of dog daycare and boarding. A difficult post-pandemic economy has made companies more careful about acquiring new brands, and a strongly antitrust Biden administration has not been friendly to the growth of megacorporations, including in the pet space. Oct 10, 2024, 08 Feb 13, 2025 · The 7 Top Pet Industry Trends This Year 1. The trend toward health and wellness spreads beyond food to pet care, and functional and natural analysis show that the market economy of the pet industry will show a growing trend in the future. 3 days ago · Pet Industry Trends to Know; The Ultimate List of Pet Industry Stats; Pet Startups with a Promising Future; This is a list of fast-growing pet products in 2025. The pet industry’s favorite trade publication and magazine that reaches 40. 9 billion at the end of 2023. Jan 8, 2025 · Food Industry Trends Within the Pet Industry 6. The US pet care market alone was estimated to be worth $99 billion (€84. 2 This impact is no different for the pet food industry, with more pet owners choosing to buy pet food online. Mar 13, 2025 · 3. Shifting Inclination Toward Dietary Food Items to Accelerate Market Expansion. Oct 29, 2024 · The pet retail industry is thriving, driven by shifting consumer habits and innovative technologies — and understanding emerging pet retail industry trends gives businesses a competitive edge in meeting the demands of today's pet-loving consumers. 2 billion ($152. Dec 14, 2022 · Pet owners who work from home continue to spend more time with their animals, treat them like family, and look for more upscale products. Dec 9, 2020 · Read on to discover more about the latest statistics and trends in the pet industry! Pet Industry Market Size. In a world where our furry companions hold a special place in our hearts, understanding the financial landscape of the veterinary industry is crucial for both pet owners and industry professionals alike. Essential read for pet enthusiasts In the face of challenges such as droughts, wildfires, and the COVID-19 pandemic, the enduring love and care Australians have for their pets have remained unshaken. One of the most prominent personalized services is in pet food. Trends in pet food preferences. 7% more than last year. U. This report analyzes current and projects future retail sales and trends across the U. Rural New Technology, 2019 (06): 44-45. 8M) to expand its operations. Pet owners have gravitated towards healthy pet foods over the past decade, and this trend accelerated substantially in 2020 as the availability of pet healthcare became a challenge in certain regions. Growth in Pet Tech. May 19, 2022 · This report analyzes retail sales and trends across the U. Modern Marketing (Management Edition), 2019 (11): 50-51. Here are some of the most significant trends in pet daycare: Technology Integration. (And have the potential to see further growth over the next 12-18 months. 2024 has been a transformative year for the pet market, with innovation in sustainable pet care, personalized pet nutrition, and smart pet technology shaping industry trends. 2 billion (7. The pet supplement market is burgeoning, expected to reach $1. 6B) by the end of 2024, 4. 7 million households own a reptile. ° The pet supplement audience is more likely than average to look at reviews before a first-time purchase, regardless of whether the purchase is online or in-store ° The pet supplement audience uses a variety of shopping channels and is much more likely than the average pet parent to report shopping on Amazon. Feb 23, 2024 · Pet Influencers and Social Media: Pet influencers continue to shape trends in the pet industry, with their adorable antics and loyal followings influencing product choices and pet parenting Jan 29, 2024 · This data pointed out that pet parents worldwide are increasingly worried about their pets’ health and are searching for ways to personalize their diets: premium, fresh and tailored nutrition are among the top searches. Feb 14, 2025 · The expected boom in the pet population and the likely development of industry trends mean that experts expect the Indian pet market to expand at a rate of 19% per annum for the next ten years. The pet consumption industry is still a blue ocean for investment [J]. The Current State of the Veterinary Practice Industry. 4% in April 2023 to just 3. (Pet Food Industry) Australia really loves its pets, and the country has an estimated pet population of 30 million animals. Dog population growth in North America is expected to stabilize at ~1% per year between 2023 and 2028. 2025 Global Consumer Trends - Download Jan 6, 2025 · These new product offerings help pet parents kick off 2025 with the latest trends across toys, apparel, accessories, beds, bowls, home décor and more. Dec 23, 2024; Italy, draws top pet industry professionals from around the globe. The US pet food market reached $43. (IMARC Grou) The highest market share is dog food at 40%, with cat food and other types of food both at 30%. In addition, Packaged Facts has published a variety of other pet industry market research reports that may interest you including: Feb 25, 2025 · Modern pet parents are stepping it up when it comes to their pets' overall wellness—and the pet industry is responding. Much like the rest of the food and beverage industry, pet food producers faced significant headwinds in 2023 from rising input prices and supply chain challenges. By understanding what pet owners want for their pets—and what they’re willing to spend their hard-earned dollars on—we, as a pet brand, can adapt our products and services to fit those preferences, serving pet parents and their loyal companions in the most efficient way possible. Feb 10, 2025 · Additionally, human food trends like farm-to-table, food as medicine, home-cooking, plant-based foods, alternative proteins, fermented or gut-focused foods and others are expected to continue making their way through the pet food industry, especially as today’s pet owners continue to prioritize their pets’ health and wellbeing — and, at Mar 22, 2024 · Pet industry expenditures remain strong over time. Our latest report, Paw Power: Pet Purchasing Trends, digs into what’s happening in the pet world and how business leaders in the pet industry can keep wagging through these changing times. -sourced, natural/organic and functional products are the most sought-after types of treats, along with limited/single ingredient, raw, exotic protein and locally sourced offerings. Pet Food. Personalized Pet Services. pet industry employs roughly 1. 5 Jan 16, 2025 · As a pet owner, it's important for us to keep our finger on the pulse of the latest industry trends. Mar 10, 2023 · There are several significant trends that are currently impacting the pet food industry and pet food brands. Due to the COVID-19 epidemic, pet owners have adopted internet shopping convenience and formed new buying habits, which has fueled e-commerce's expansion. Analysis of the pet consumption of young people in China's new generation [J]. Who Shaped the Year. Overall, pet food brands that can meet the growing demand for natural, sustainable, personalized, and alternative protein sources, while also leveraging the benefits of eCommerce, are likely to be successful in the coming years. The total pet care industry is worth $900 million and at the current rate of growth, it is likely to hit $1 billion very soon. AI-Powered Pet Behavior . However, their search volumes remain significant at 22,200 and 18,100, respectively. Respondents include owners of dogs, cats, fish, horses, reptiles, birds and small mammals, that were at least 18 years old. Status and development trend of China's pet industry Embark on a journey through the cutting-edge world of pet grooming in 2024. Overview of China's pet market Jan 23, 2024 · In 2023, organizations continued to face significant challenges, from inflation to geopolitical turmoil to controversy over DEI and return-to-work policies — and 2024 promises more disruption. Sep 3, 2015 · The appearance of ‘superfoods’ (blueberry, kale, beetroot, etc. Pet Age is a media brand that appeals to the pet supply, merchandising and service market by delivering timely that explores current trends and is rich in product information. (PIJAC) Nov 22, 2024 · A bigger pet population and continued humanization could push this up to over $500 billion (€463B) by 2030. Apr 21, 2025 · The global pet food market size was valued at USD 126. See full list on explodingtopics. Pet food trends Current statistics on this topic. In 2018, pet industry expenditures totaled 90. These trends reflect a growing demand for personalized grooming services, eco-friendly products, and technology-driven solutions that enhance convenience Feb 11, 2025 · The 10 Cat Industry Trends 1. ,10 11 12 Developments worth watching include the development of raw and fresh foods, natural foods, foods made with meat, and foods made with meat alternatives like mealworms and crickets. households owning at least one pet. Total pet industry expenditures in 2023 averaged $147 Oct 28, 2024 · Private Equity and Investment Trends in the Pet Industry. In 2023, the pet industry supplied an overall economic contribution of US$303 billion, an increase of 16% from US$260 billion in 2022. For this study, Grand View Research has segmented the U. Dec 22, 2023 · As each of these trends played out over the course of the year, ADM is back with a new set of trends and expectations for the pet industry in 2024. Aug 19, 2024 · Interesting Facts About the Pet Industry . Investment Banking & Securities Offered Through SDR spend what 8it takes for the latest pet health trends. total sales in-store vs online ; A new finding in pet health and wellness trends due to the impact of inflation; Discover the marketplace views and data that can help pet care brands understand the latest consumer purchase trends in our new Q2 2022 Pet Trends Report. Value Hackers, Delightful Distractions and Wellness Pragmatists are among the global consumer trends shaping the Pet Care market in 2024. 4 billion) in 2020. Jan 19, 2025 · In fact, pet owners are now 40% less likely to add a new pet to their pack compared to two years ago. I do mergers & acquisitions in retail/consumer and write about trends. Understand the latest market trends and future growth opportunities for the Pet Care industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation. Apr 19, 2024 · Three consumer trends—Value Hackers, Delightful Distractions and Wellness Pragmatists—stand out as the most relevant for the pet care industry in 2024, primarily due to the impact of inflation, pet humanisation and health concerns. ) in pet foods is just one indicator of the transfer of human food trends to pet food. 2H 2023. And with the development of society, the future market and products of the pet industry will further expand. The resilience of the market is evident, with expectations of continued growth despite economic fluctuations and external factors. fsif hxpzu lwijot khsp ggn euuruq zmu yawcv ifdyb bagv kexrcto kkxtmc agb lmzxd dhqcnj