The global Pet food and supplements market size was estimated to be around US$ 105.4 billion in 2022. It is projected to reach US$ 179.18 billion by 2032, indicating a CAGR of 5.50% from 2023 to 2032.
Key Takeaways
- North America contributed more than 44% of revenue share in 2022.
- Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
- By pet, the dog segment has held the largest market share of 34% in 2022.
- By pet, the others segment is anticipated to grow at a remarkable CAGR of 6.2% between 2023 and 2032.
- By application, the multivitamins segment generated over 34% of revenue share in 2022.
- By application, the others segment is expected to expand at the fastest CAGR over the projected period.
- By source, the conventional segment generated over 76% of revenue share in 2022.
- By source, the organic segment is expected to expand at the fastest CAGR over the projected period.
- By distribution channel, the offline segment generated over 85% of revenue share in 2022.
- By distribution channel, the online segment is expected to expand at the fastest CAGR over the projected period.
The market research report on the Pet food and supplements market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Pet food and supplements products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.
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Pet Food and Supplements Market Scope
Report Coverage | Details |
Growth Rate from 2023 to 2032 | CAGR of 5.50% |
Market Size in 2023 | USD 110.67 Billion |
Market Size by 2032 | USD 179.18 Billion |
Largest Market | North America |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Pet, By Application, By Source, By Distribution Channel, and By Food Type |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global Pet food and supplements market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Pet food and supplements market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Pet food and supplements products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.
The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.
This in-depth research report offers valuable insights into the Pet food and supplements market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.
The competitive landscape section of the report provides detailed information on Pet food and supplements market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Pet food and supplements market.
Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance.
Recent Developments
- March 2023 will witness Mars Petcare’s venture into the supplements category with the introduction of Pedigree Multivitamins. This new product line includes three varieties of soft chews meticulously crafted to address pets’ essential needs, focusing on immunity support, digestive health, and joint care.
- In March 2022, Virbac introduced two fresh Veterinary HPM wet diets designed to aid in the prevention and management of feline lower urinary tract disease (FLUTD), a prevalent health concern in cats.
- In February 2022, Virbac unveiled its debut line of pet nutrition under the banner of Veterinary HPM Pet Nutrition, specially formulated for spayed and neutered animals. This product line encompasses two cat foods and four dog foods, available in six unique formulas tailored to pets’ requirements based on their age and size.
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Pet Food and Supplements Market Players
- Mars Petcare
- Nestlé Purina Petcare
- Hill’s Pet Nutrition
- The J.M. Smucker Company
- Blue Buffalo
- Diamond Pet Foods
- Spectrum Brands
- Nutro Products
- Wellness Pet Food
- Merrick Pet Care
- Ainsworth Pet Nutrition
- Big Heart Pet Brands
- Champion Petfoods
- Zesty Paws
- Virbac
Segments Covered in the Report
By Pet
- Dog
- Cat
- Freshwater Fish
- Others
By Application
- Multivitamins
- Skin & Coat
- Hip & Joint
- Prebiotics & Probiotics
- Calming
- Others
By Source
- Organic
- Conventional
By Distribution Channel
- Offline
- Online
By Food Type
- Wet Food
- Dry Food
- Snacks/Treats
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Pet Food and Supplements Market
5.1. COVID-19 Landscape: Pet Food and Supplements Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Pet Food and Supplements Market, By Pet
8.1. Pet Food and Supplements Market Revenue and Volume, by Pet, 2023-2032
8.1.1. Dog
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Cat
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Freshwater Fish
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
8.1.4. Others
8.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Pet Food and Supplements Market, By Application
9.1. Pet Food and Supplements Market Revenue and Volume, by Application, 2023-2032
9.1.1. Multivitamins
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Skin & Coat
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Hip & Joint
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Prebiotics & Probiotics
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
9.1.5. Calming
9.1.5.1. Market Revenue and Volume Forecast (2020-2032)
9.1.6. Others
9.1.6.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Pet Food and Supplements Market, By Source
10.1. Pet Food and Supplements Market Revenue and Volume, by Source, 2023-2032
10.1.1. Organic
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Conventional
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Pet Food and Supplements Market, By Distribution Channel
11.1. Pet Food and Supplements Market Revenue and Volume, by Distribution Channel, 2023-2032
11.1.1. Offline
11.1.1.1. Market Revenue and Volume Forecast (2020-2032)
11.1.2. Online
11.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 12. Global Pet Food and Supplements Market, By Food Type
12.1. Pet Food and Supplements Market Revenue and Volume, by Food Type, 2023-2032
12.1.1. Wet Food
12.1.1.1. Market Revenue and Volume Forecast (2020-2032)
12.1.2. Dry Food
12.1.2.1. Market Revenue and Volume Forecast (2020-2032)
12.1.3. Snacks/Treats
12.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 13. Global Pet Food and Supplements Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.1.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.1.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.1.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.1.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.1.6. U.S.
13.1.6.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.1.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.1.6.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.1.6.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.1.6.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.1.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.1.7.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.1.7.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.1.7.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.2. Europe
13.2.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.2.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.2.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.2.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.2.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.2.6. UK
13.2.6.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.2.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.2.6.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.2.7. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.2.8. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.2.9. Germany
13.2.9.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.2.9.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.2.9.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.2.10. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.2.11. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.2.12. France
13.2.12.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.2.12.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.2.12.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.2.12.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.2.13. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.2.14.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.2.14.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.2.14.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.2.15. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.3. APAC
13.3.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.3.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.3.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.3.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.3.6. India
13.3.6.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.3.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.3.6.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.3.6.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.3.7. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.3.8. China
13.3.8.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.3.8.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.3.8.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.3.8.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.3.9. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.3.10. Japan
13.3.10.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.3.10.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.3.10.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.3.10.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.3.10.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.3.11.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.3.11.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.3.11.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.3.11.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.4. MEA
13.4.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.4.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.4.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.4.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.4.6. GCC
13.4.6.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.4.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.4.6.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.4.6.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.4.7. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.4.8. North Africa
13.4.8.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.4.8.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.4.8.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.4.8.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.4.9. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.4.10. South Africa
13.4.10.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.4.10.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.4.10.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.4.10.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.4.10.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.4.11.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.4.11.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.4.11.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.4.11.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.5. Latin America
13.5.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.5.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.5.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.5.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.5.6. Brazil
13.5.6.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.5.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.5.6.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.5.6.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.5.7. Market Revenue and Volume Forecast, by Food Type (2020-2032)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Volume Forecast, by Pet (2020-2032)
13.5.8.2. Market Revenue and Volume Forecast, by Application (2020-2032)
13.5.8.3. Market Revenue and Volume Forecast, by Source (2020-2032)
13.5.8.4. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
13.5.8.5. Market Revenue and Volume Forecast, by Food Type (2020-2032)
Chapter 14. Company Profiles
14.1. Mars Petcare
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Nestlé Purina Petcare
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Hill’s Pet Nutrition
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. The J.M. Smucker Company
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Blue Buffalo
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Diamond Pet Foods
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Spectrum Brands
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Nutro Products
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Wellness Pet Food
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Merrick Pet Care
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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