Pet Care Market Analysis

Product (Pet Food, Pet Care Products, Services)

Pet food segment is anticipated to dominate pet care market share of over 47% by 2037. The segment growth is due to the massive demand for nutritious and tasty food for daily feed. Pet food comprises meat, meat byproducts, grains, cereals, vitamins, and minerals. Pet owners are concerned about the health of their pets is results in a high demand for quality pet food. As per a recent report issued in 2023, pet food production has been growing at a fast pace reaching 35.27 million metric tons in 2022. 

Animals (Dog, Cat, Birds)

In pet care market, dog segment is projected to dominate revenue share of over 52% by 2037. The segment growth can be attributed to the comfort and protection given by dogs. They also help to keep the body fit by promoting exercise, which prevents cardiovascular diseases. All these factors drive the segment growth.

Additionally, people living alone prefer to have at least one pet as a companion contributing to the market growth in developed countries. As per the World Population Review report issued in 2024, around 30% of households worldwide have a dog, totaling between 700 million to 1 billion dogs in 2024.

Distribution Channel (Online, Offline)

By 2037, offline segment is set to dominate pet care market share of over 76%. In offline mode, pet store consists of a wide variety of food and pet care products. Moreover, these stores provide personalized services, advice, and immediate access to products and healthcare facilities like canine arthritis treatment and infections. According to the Health for Animals report published in 2022 (Global Animal Health Association), more than 1 billion people have pets at home worldwide. 

Our in-depth analysis of the market includes the following segments: