Pet Care Market size was valued at USD 260.53 billion in 2024 and is likely to cross USD 598 billion by 2037, registering more than 6.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of pet care is estimated at USD 274.29 billion.
People started adopting pets on a large scale due to the love and companionship they offer to human beings. Pets help in reducing stress and feelings of loneliness, whereas, various studies show that pet owners tend to have lower blood pressure, reduced anxiety levels, and better mental health. They encourage regular exercise and outdoor activities which helps to maintain fitness. According to the World Animal Foundation report issued in 2024, around 4.8 million dogs and cats are adopted annually worldwide.
Author Credits: Radhika Pawar
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