Market Overview

The Global Pet Food Market was valued at USD 111,162.8 million in 2023 and is expected to reach USD 166,757.6 million by 2031 while growing at a CAGR of 5.2% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyse various driving and restraining factors that are expected to have a significant impact on the global pet food market growth. Pet food, formulated to provide essential nutrients, vitamins, and minerals for the health and well-being of domestic animals such as dogs, cats, birds, fish, and small mammals like rabbits or hamsters, is commercially prepared in various forms including dry kibble, wet canned food, semi-moist pouches, freeze-dried or dehydrated, and raw food.

The pet food market is experiencing growth driven by increasing pet ownership and the rise of e-commerce and online retailing. However, challenges such as competition from homemade and natural alternatives, along with price sensitivity, could hinder further market expansion.

Furthermore, the global pet food market industry will be analysed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Analysis

The Global Pet Food Market is segmented among Wet Food, Dry Food, Treats & Chews and Other, based on Product. In 2023, Dry Food accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Type Analysis

The Global Pet Food Market is segmented among Organic and Conventional. In 2023, Conventional accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Pet Food Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are The J.M. Smucker Company, The Hartz Mountain Corporation, Mars Incorporated, Hill’s Pet Nutrition, Inc, Nestle Purina, LUPUS Alimentos, Total Alimentos, General Mills Inc., WellPet LLC and Cargill, Incorporated.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Pet Food Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Pet Food Market Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Pet Food Market Segmentation, By Product

• Global Pet Food Market Share Analysis, By Product

• Global Pet Food Market Growth Analysis, By Product

• Global Pet Food Market Trends, By Product

o Wet Food

o Dry Food

o Treats & Chews

o Other Products

6. Global Pet Food Market Segmentation, By Type

• Global Pet Food Market Share Analysis, By Type

• Global Pet Food Market Growth Analysis, By Type

• Global Pet Food Market Trends, By Type

o Organic

o Conventional

7. Global Pet Food Market Segmentation, By Animal Type

• Global Pet Food Market Share Analysis, By Animal Type

• Global Pet Food Market Growth Analysis, By Animal Type

• Global Pet Food Market Trends, By Animal Type

o Cats

o Dogs

o Birds

o Others

8. Global Pet Food Market Segmentation, By Distribution Channel

• Global Pet Food Market Share Analysis, By Distribution Channel

• Global Pet Food Market Growth Analysis, By Distribution Channel

• Global Pet Food Market Trends, By Distribution Channel

o Supermarket/Hypermarket

o Pet Food Stores

o Veterinary Clinics

o Online

9. Global Pet Food Market Segmentation, By Region

• Global Pet Food Market Share Analysis, By Region

• Global Pet Food Market Growth Analysis, By Region

• Global Pet Food Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

10. Competitive Landscape

• The J.M. Smucker Company *

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• The Hartz Mountain Corporation

• Mars, Incorporated

• Hill’s Pet Nutrition, Inc

• Nestlé Purina

• LUPUS Alimentos

• Total Alimentos

• General Mills Inc.

• WellPet LLC

• Cargill, Incorporated 

*Similar analysis will be provided for each company listed above.