Latest News About Pet foods outlook

Updated 2026-06-18 09:39

Industry appeared at a strong uptrend with growth in premium diets and rising pet ownership. Global pet food sales projected to hit about $210–$270 billion by the mid-2030s, rising 4.0-5.0% annually. Innovations push toward higher quality ingredients, transparency, and personalized nutrition. Growth in plant-based, alternative proteins and functional additives along with fresh or human-grade options. Traceability in supply chains improves to support these trends.

Sources

Pet Foods Market Size, Share & Growth Report [2024-2034]

The Pet Foods Market size is expected to reach USD 210.5 billion in 2034 growing at a CAGR of 4.5. The Pet Foods Market report classifies market by segmentation, growth drivers, demand, trend, and forecast insights.

www.emergenresearch.com

Companies Mentioned

The Pet Food Market, valued at USD 64.6B in 2025, is projected to reach USD 126.3B by 2034, growing at a 7.7% CAGR.

www.researchandmarkets.com