Pet Care Industry Is Driven By The Growing Trend Of Pet Humanization


Pet Care Industry Data Book



Due to the ease of humanization and indulgence compared to larger creatures, people are also choosing to adopt small pets (cats, dogs, etc.). People are therefore prepared to invest more to guarantee that their pets receive the greatest care. Consequently, items for caring for pets, such as feeders, bowls, and waterers, have gained popularity.


Access the Global Pet Care Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies.

Pet Product Market Growth & Trends
The mainstream media outlets throughout the world have paid a lot of attention to the humanization of pets. A significant and defining trend in the pet food industry, particularly in industrialized nations, is the transition from pet ownership to pet parenting. In affluent nations, more than one-third of families have a pet. According to the National Pet Owners Survey (2019–20), which was done by the American Pet Products Association (APPA), more than 85 million U.S. households have one or more pets, with dogs making up the bulk of those. Thus, it is projected that the pet food sector would grow as pets become more humanized.

Pet Food Market Growth & Trends
The global pet food market size is expected to reach USD 139.29 billion to expand at a CAGR of 4.3% from 2023 to 2030 as per the 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.


Order your copy of Free Sample of “Pet Care Industry Data Book – Pet Product, Pet Food and Pet Supplements Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research


Pet Supplements Market Growth & Trends
The global pet supplements market is expected to reach USD 3.20 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 5.9% from 2023 to 2030. Increasing adoption of pets across the globe is driving the demand for pet supplements. For instance, according to the U.S. Pet Food Industry’s pet ownership study, pet ownership rose from 67.0% of households in 2018 to an all-time high of 70% in 2020 as confirmed by the American Pet Product Association APPA. These statistics foretell high market growth over the forecast period.
In addition, pet ownership is a common practice in various countries across the globe. For instance, according to statistics by the National Pet Owners Survey 2021-2022, 90.5 million U.S. families own a pet. With such pet ownership patterns in various countries, people are increasingly spending on pet supplements owing to their various health benefits. These supplements enhance concentration, focus, and energy levels in pets, strengthen their immune systems, and improve heart health.
The over-the-counter (OTC) segment dominated the market and is anticipated to show similar trends during the forecast period. Numerous over-the-counter pet supplements are available that either supports a particular aspect of a pet’s health or provide specific nutrients. Moreover, these supplements are quite popular and are readily and easily available at a relatively affordable price. Additionally, a wide range of pet supplements is easily available through various distribution channels, including online retailers, supermarkets & hypermarkets, pet stores, and others.
The dogs segment held the largest revenue share in 2021 and is expected to maintain its dominance over the forecast period. Dogs are officially a man’s best friend, with more than half of the world’s population owning a dog as a pet. Increasing health concerns and overcoming pets’ health issues have allowed consumers to opt for pet supplements with complete nutritious food, including vitamins and minerals. For instance, according to a study conducted by the non-profit organization Kinship Partners, in February 2021, nearly 77% of pet owners in the U.S. were concerned about their pets’ health, which has substantially fueled the growth of the market.
The pills/tablets segment is projected to witness a significant growth rate of 6.1% during the forecast period from 2023 – 2030. Pills/tablets offer a timed release of medication, which is helpful for pets with finicky stomachs. They are also easy to carry anywhere and extremely convenient. Such factors are driving the market growth for pet supplements in pill/tablets form. Product manufacturers are offering these pills/tablets in several flavors and distinctive odors, which makes it easier for pets to consume them, driving the segment growth.


Go through the table of content of Pet Care Industry Data Book to get a better understanding of the Coverage & Scope of the study.


Competitive Landscape
Key players operating in the Pet Care Industry are –
• Ancol Pet Products Limited
• Blue Buffalo Co., Ltd.
• Champion Petfoods LP
• Hill`s Pet Nutrition, Inc.
• Mars, Incorporated
• Nestle Purina PetCare
• Petmate Holdings Co
• Saturn Petcare GmbH
• Tail Blazers
• The Hartz Mountain Corporation
• Total Alimentos SA
• WellPet LLC
• Diamond Pet Foods
• Bayer AG
• NOW Foods
• Food Science Corporation
• Ark Naturals
• Zoetis Inc.
• Nutramax Laboratories, Inc.
• PetHonesty
• Zesty Paws


Grand View Research’s Long Steel Products Industry data book is a collection of market sizing information & forecasts, regulatory data, competitive benchmarking analyses, macro-environmental analyses, and technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.


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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.



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