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Pet Industry Statistics In 2024 - Growth, Trends, Impact The global pet market industry was valued at $246 66 billion in 2023 The value of the pet tech market in 2022 was $5 billion More than half (51%) of millennials buy gifts for their pets The market for organic pet food is valued at $2,318 5 million More than 66% of US owners have at least one pet
Pet Care Industry Outlook for 2030 - Morgan Stanley Per the latest survey results, annual household spending on pets is predicted to reach $1,445 per animal by 2026 and $1,733 by 2030 That translates into a 113% increase in total industry spending to $261 billion by 2030, compared with $122 billion in 2019
The Pet Industry Is Doing Great. And Getting Worse. - Forbes Was the pandemic-driven growth of the pet industry a good thing in the long run? The pet industry is doing fantastic in 2024 so far According to Michigan State University, the pet industry had an
Pet Market Size, Demand Industry Trends 2025 to 2035 Pet Market Size, Share, and Forecast Outlook 2025 to 2035 The global pet market is estimated to be valued at USD 20 1 billion in 2025 and is projected to reach USD 44 5 billion by 2035, growing at a robust compound annual growth rate (CAGR) of 8 5%
US Pet Industry - Trends Growth Projections - Mordor Intelligence 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
20 US Pet Industry Statistics 2025: Surprising Facts, Trends Growth Millennials and Gen Z are predicted to sustain the growth of pet ownership up to 14% by 2030 Pet ownership rose from 67% to 70% in 2020 due to the COVID-19 pandemic The US pet food market reached $43 9 billion at the end of 2023 Approximately 0 2% of U S pet owners cook for their pets
Pet Care Market Size to Hit USD 643. 53 Billion by 2034 The global pet care market size accounted for USD 346 01 billion in 2025 and is forecasted to hit around USD 643 53 billion by 2034, representing a CAGR of 7 10% from 2025 to 2034 The North America market size was estimated at USD 155 44 billion in 2024 and is expanding at a CAGR of 4 37% during the forecast period
US Pet Market Outlook, 2025-2026 - The Freedonia Group Pet industry sales totaled $151 3 billion in 2024, up 4 0% from 2023 This amounts to a $5 83 billion revenue increase but is nevertheless a substantial slowdown over 2020-2023, when the annual percentage gains were more than double this level
7 Top Pet Industry Trends (2025 2026) - Exploding Topics Here are 7 important trends in the pet industry for 2025 and beyond The global pet industry is projected to reach $300 billion by 2030 The question is: which trends will drive this growth? From pet food to supplements, this list will help you see what's coming around the corner in the pet space 1 Pet Supplements Take Off