Pet Food Processing Market Size

Pet Food Processing Market size was valued at USD 5.46 billion in 2023 and is expected to exceed USD 9.92 billion by the end of 2036, expanding at over 4.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of pet food processing is evaluated at USD 5.67 billion.

Owing to the westernization of traditional cultures across the developing world, the trend of owning a pet has increased remarkably. Pet owners today are more concerned about the convenience of carrying, storing and using of pet foods which has opened another front for the companies to invest in and develop advanced pet food processing systems.