Pet Care Market to Grow with a CAGR of 5.8% through 2030
Rising pet ownership and growing awareness of pet
health and well-being are driving the Global Pet Care Market in the forecast
period
According to TechSci Research report, “Pet
Care Market - Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F", the Global Pet Care Market was valued at USD 171.54 Billion in 2024 and is expected to reach USD 240.59 Billion by 2030 with a CAGR of 5.8% during the forecast period. The global pet care market is a dynamic and rapidly growing sector
driven by the evolving relationship between humans and their pets. One of the foundational factors contributing to the
growth of the global pet care market is the trend of pet humanization. Pets are
increasingly seen as integral family members, and this shift in mindset has led
to a surge in the demand for high-quality pet care products and services. Pet
owners are willing to invest in premium food, grooming, healthcare, and
accessories for their furry or feathered companions, mirroring the way they
invest in the well-being of their human family members.The pet care industry encompasses a wide range of products and services, including pet food, grooming, veterinary care, pet insurance, and pet accessories.
This market is highly competitive, with numerous global and regional players vying for market share. A significant trend is the increasing preference for natural and organic pet products, reflecting a broader shift towards healthier lifestyles for pets, like the organic and natural food trends in the human food industry. Furthermore, the market is increasingly driven by technological innovations, with the advent of smart pet products, such as connected pet feeders, pet activity trackers, and telemedicine services for pets. The global pet care market's future appears promising as the demand for pet products and services continues to rise. As pet ownership increases worldwide, particularly in emerging markets, the industry is set to witness sustained expansion.
However, pet care businesses must remain adaptable to changing consumer preferences, regulatory developments, and emerging sustainability concerns, particularly in areas related to animal welfare and environmental responsibility. Furthermore, the COVID-19 pandemic has influenced pet care trends. The pandemic has brought about a heightened focus on pet adoption and fostering, as people sought companionship during lockdowns. The increased time spent at home also emphasized the importance of pet health and well-being, driving demand for premium pet products. Additionally, e-commerce has surged as a prominent distribution channel due to its convenience and safety during the pandemic, and this trend is expected to continue to impact the market positively. The global pet care market is an ever-evolving industry, shaped by the humanization of pets, increased pet ownership, a growing emphasis on pet well-being, the convenience of e-commerce, and technological innovations. While these drivers have been instrumental in the market's growth, businesses operating in the pet care industry should remain agile and adapt to changing consumer preferences, regulatory requirements, and sustainability concerns to thrive in this dynamic landscape.
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Care Market”
Global Pet Care Market is segmented into pet type,
type, distribution channel, regional distribution, and company.
Based on distribution channel the market is segmented
into offline, online. Online distribution channel has emerged as the fastest-growing segment in the global pet care market, driven by rapid digital adoption, convenience, and changing consumer behavior. The COVID-19 pandemic acted as a major catalyst, pushing pet owners to rely heavily on e-commerce platforms for food, healthcare supplies, accessories, and grooming products when physical retail was restricted. Even after restrictions eased, the habit of online purchasing persisted due to its unmatched convenience, wider product selection, and competitive pricing compared to traditional offline channels. E-commerce platforms such as Amazon, Chewy, Flipkart, and specialty pet retailers have capitalized on this momentum by expanding their product portfolios, offering subscription services, and enhancing delivery efficiency. Subscription models, in particular, have gained popularity among pet parents who prefer automated and timely deliveries of essentials like food, treats, and medicines, ensuring consistency and preventing shortages.
Additionally, online platforms provide access to premium, natural, and niche products that may not be available in local stores, catering to the growing demand for specialized and health-focused items. Another factor fueling online growth is the rise of quick-commerce and mobile apps, which offer same-day or even two-hour delivery in urban centers, making pet care more accessible than ever. Online platforms also leverage digital marketing, customer reviews, and data-driven personalization to improve customer engagement, build loyalty, and influence purchasing decisions. Importantly, e-commerce has democratized pet care access, extending availability beyond metropolitan areas to Tier II and Tier III cities, where demand is rising rapidly.
Based on region, The Asia-Pacific (APAC) region is the fastest-growing market in the global pet care industry, fueled by rising pet ownership, urbanization, and increasing disposable incomes. Countries such as China, India, Japan, South Korea, and Australia are witnessing a surge in the humanization of pets, where pets are increasingly treated as family members, driving demand for premium food, healthcare, and lifestyle products. In China, for instance, the pet industry has expanded rapidly, with pet ownership exceeding 116 million dogs and cats by 2023, while India’s pet care market has nearly doubled in size within the past five years, reflecting cultural and demographic shifts. The region’s young population, growing middle class, and digital penetration have further accelerated this trend, as online platforms and quick-commerce services make pet products widely accessible, even in smaller cities. Moreover, global players are expanding their footprint in APAC by launching innovative and specialized products tailored to local consumer preferences, such as functional pet foods, natural grooming products, and tech-enabled devices. Governments in some countries are also strengthening veterinary infrastructure and regulations, which boosts consumer trust in organized pet care. With this strong combination of demographic growth, cultural transformation, and digital adoption, APAC is expected to remain the fastest-growing region in the pet care market.
Major companies operating in Global Pet Care
Market are:
- Ancol Pet Products Limited
- Champion Petfoods LP
- Hill`s Pet Nutrition, Inc.
- Blue Buffalo Co., Ltd.
- Mars, Incorporated
- Petmate Holdings Co
- Nestle Purina PetCare
- Saturn Petcare GmbH
- The Hartz Mountain Corporation
- Tail Blazers
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“Integration of technology into pet care is a
significant trend that is expected to have an impact on growth over the
forecasted period. Rising pet ownership, growing awareness of pet health and
well-being and premiumization of pet products will positively impact the Global
Pet Care Market. Due to the wide range of products available to meet specific
needs of, as well as the growing popularity of the online distribution channel,
the market is growing at impressive rate through projected period”, said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Pet Care
Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented By Pet Type (Dog, Cat, Fish, Others), By Type (Product, Food), By
Distribution Channel (Offline, Online), By Region & Competition, 2020-2030F”,
has evaluated the future growth potential of Global Pet Care Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Pet Care Market.
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