Pet Food Statistics By Market Size and Facts [2024*]

Updated · Oct 31, 2024

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Pet Food Statistics: The pet food industry has experienced substantial growth over the past decade, driven by the rising trend of pet adoption and an increasing emphasis on health and nutrition for animals. Pets, whether dogs, cats, or other beloved companions, are valued as family members, and this sentiment has significantly impacted the demand for pet food. As in human nutrition, pet owners now seek diverse, high-quality food options to meet their pets’ dietary needs. This growing awareness around pet health and the focus on specialized food products have been pivotal in the expansion of the pet industry.

Regionally, the United States leads the pet food market in revenue, producing nearly eight times as much as second-placed China in 2022. Although the U.S. generates the highest pet food revenue, North America ranks second in pet food production volume, with Europe leading in output with approximately 11.78 million metric tons in 2022.

Major players in the pet food market include Mars Petcare Inc., Nestlé Purina PetCare, and Hill’s Pet Nutrition, with Mars leading global revenues at USD 19 billion. Of the top pet food companies worldwide, most are headquartered in the U.S., highlighting the country’s dominance in the sector. Outside of the U.S., Japan’s Unicharm Corp. ranks among the most successful companies.

The U.S. pet industry encompasses pet food, supplies, services, and veterinary care, with food and treats constituting the largest market segment. Major U.S. retailers such as PetSmart and PETCO account for over 45% of the market. Furthermore, consumer preferences in pet food continue to evolve, mirroring human food trends, with increasing searches for organic, low-calorie, and CBD-infused pet products. These preferences underscore a broader focus on health and wellness, setting the stage for continued growth and innovation in the pet food industry.

According to the American Feed Industry Association, the following chart explains the ingredient quantities from farm to pet bowl, including dog treats, dog food moist, cat treats, cat food wet, cat food dry, dog food dry, and dog treats.

(Source: afia.org)

(Reference: statista.com)

(Reference: statista.com)

(Source: statista.com)

(Reference: statista.com)

(Source: statista.com)

(Source: statista.com)

(Reference: statista.com)

(Source: statista.com)

(Reference: statista.com)

(Source: statista.com)

In 2023, PetSmart became the largest pet specialty retail chain in North America, with more than 1,600 stores. The brand also has birds, reptiles, fish, and dogs for sale and adoption.

(Reference: statista.com)

(Reference: statista.com)

(Reference: statista.com)

(Reference: statista.com)

(Reference: statista.com)

(Reference: statista.com)

The pet food industry is a testament to the deep bond between humans and animals. As pet owners continue to view their pets as cherished members of the family, the demand for high-quality, personalized, and sustainable pet food is likely to continue its upward trajectory, as seen in these Pet Food Statistics.

This translates to a future where our furry companions have access to a wider range of delicious, nutritious options that cater to their individual needs and well-being.

Ketaki Joshi is an experienced tech writer who specializes in gadget usage statistics. She excels at analyzing and reviewing the latest tech trends and newly launched devices. Ketaki creates insightful and easy-to-understand articles for websites and newsletters. Previously working at a French multinational company, she now follows her passion for writing. Her first short story, "The Envelope That Changed Our Lives," is available on Amazon.