Pet Food Market To Reach $191.24 Billion By 2033 | CAGR 5.1%

Pet Food Market Growth & Trends

The global pet food market size is expected to reach USD 191.24 billion by 2033, registering a CAGR of 5.1% from 2026 to 2033, according to a new report by Grand View Research, Inc. The growth is majorly driven by rising demand for organic and natural pet food products due to its numerous nutritional properties.

The global pet food products have witnessed substantial demand over the past few years owing to the advent of online purchasing and notable contribution of e-commerce in shaping and strengthening the industry. Trends influencing the growth of this industry include launches of new products, online private brands, treats, and novel technologies.

Consumers do not prefer traditional products for their pet’s consumption. They try to comprehend the ingredients list and usually opt for healthier available alternative in the market. Consumers prefer made-to-order, frozen, and fresher meals for their pets. Although these types are comparatively expensive, customers are willing to pay more for healthy items for the consumption for their household pets.

The outbreak of COVID-19, which has led to the closure of factories, production units, and manufacturing sites globally, there has been significant decline in the global demand for pet food ingredients and raw materials. Due to the ongoing pandemic, several production plants have been completely or partially shut down while others are running at reduced rates, which may result in a supply-demand gap globally.

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Pet Food Market Report Highlights

• The dog pet type segment led the pet food market, accounting for the largest revenue share of 60.75% in 2025. The high number of dog owners across Europe is a key factor driving the demand for dog food in Europe.

• The dry pet food segment dominated the pet food industry, accounting for a revenue share of over 59.10% in 2025, driven by its superior shelf stability, ease of handling, and economic pricing compared to wet and fresh alternatives.

• The traditional pet food segment held the largest revenue share of 86.18% in 2025. The traditional pet food segment has continued to dominate due to established consumer familiarity, affordability, and broad acceptance across diverse income groups.

• Pet specialty stores held the highest revenue share of 28.45% in 2025. Pet specialty stores are staffed with knowledgeable personnel who offer expert advice on pet nutrition, health, and wellness.

Pet Food Market Segmentation

Grand View Research has segmented the global pet food market report based on product, pet type, category, distribution channel, and region:

Pet Food Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2021 - 2033)

• Wet Pet Food

• Dry Pet Food

• Snacks/Treats

Pet Food Pet Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2021 - 2033)

• Cats

• Dogs

• Others

Pet Food Category Outlook (Volume, Kilotons; Revenue, USD Billion, 2021 - 2033)

• Traditional Pet Food

• Specialist Veterinary Nutrition

Pet Food Distribution Channel Outlook (Volume, Kilotons; Revenue, USD Billion, 2021 - 2033)

• Supermarkets & Hypermarkets

• Convenience Stores

• E-commerce

• Pet Specialty Stores

• Others

Pet Food Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • Japan

  • India

  • China

  • Australia

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

List of Key Players in Pet Food Market

• The J.M. Smucker Company

• Nestle Purina

• Mars, Incorporated

• LUPUS Alimentos

• Total Alimentos

• Hill’s Pet Nutrition, Inc.

• General Mills Inc.

• WellPet LLC

• The Hartz Mountain Corporation

• Simmons Foods Inc.