Global Pet Care Market Status and Drivers: Market Revenue is $148.72 billion in 2024

Global Pet Care Market Overview

According to Global Market Monitor, the global pet care market size is $148.72 billion in 2024 with a CAGR of 10.35% from 2024 to 2029.

Market Drivers

With the development of society, the continuous growth of the national economy and the continuous improvement of people's living standards, while the material life is greatly enriched, people's pursuit of spiritual life has also reached a certain height. On the one hand, people pay more and more attention to cultivating the taste of life and the pursuit of personalized experience. On the other hand, the change of traditional family structure and the increase of work pressure have made more and more people put their feelings on pets. This gradually developed.

Up to now, the pet industry has a history of more than 100 years in developed countries and has now become a relatively mature market. The industry includes a series of products and services such as breeding, training, food, supplies, medical treatment, beauty, health care, insurance, and fun activities. The industry chain is complete, the relevant standards and regulations are sound and standardized, and the number and market size of pets have been growing. The accumulation has reached a relatively high level, and the impact of the pet industry on the national economy and people's lives is deepening.

Market limitations

High pet care costs will hinder the development of the pet care market. In addition, limited awareness of pet diseases and pet care products, and weak animal healthcare infrastructure will affect the pet care market growth.

Nestlé Purina Pet Care is one of the major players operating in the pet care market, holding a share of 11.28% in 2023. Purina is owned by Nestlé and Purina products are available to pet owners around the world. Purina brand dog food is primarily made in the United States. As a global pet care leader, Nestlé Purina Pet Care manufactures products around the world.

By Type	Pet Food
	Dietary Supplements
	Pet treats
	Toys and Accessories
	Oral Care
	Topical Products
By Application	Dog
	Cat
	Fish