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Copyright © IMARC Service Pvt Ltd. All Rights Reserved
Global Pet Food
Market Research
Report and Forecast
2024
Report Edition: 2019
© 2019 IMARC All Rights Reserved
Report DescriptionAbout IMARC Group
The International Market Analysis Research and Consulting Group is a leading adviser on
management strategy and market research worldwide. We partner with clients in all sectors
and regions to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our
clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.
Report DescriptionReport Description and Highlights
Global Pet Food Market Overview:
According to the latest report by IMARC Group, titled “Pet Food Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2019-2024”, the global pet food market size reached US$ 98.3
Billion in 2018. Over the years, there has been a rise in pet adoption rates across the globe, which has
accelerated the demand for pet food. Various studies conducted by the manufacturers have also
increased the knowledge of pet nutrition among owners. In line with this, they are now opting for
products which ensure palatability and meet the nutritional requirements of pets. Moreover,
manufacturers are introducing pet food which is formulated according to the specific breed, age and
size of pets in smaller, disposable, single-serve containers in order to offer convenience to both the
pets and their owners.
Pet Food Market Trends
Pet owners have started to treat their pets as a member of the family and have become highly
sensitive towards their pets’ needs. This trend of pet humanization has encouraged pet food
companies to develop healthier and organic products which aid in reducing or controlling weight and
avoiding obesity.
Report DescriptionReport Description and Highlights
120.2
125.5 130.8 136.1 141.4 146.7 152.0 157.3
0
20
40
60
80
100
120
140
160
2011 2012 2013 2014 2015 2016 2017 2018
inBillionUS$
160.0 165.3 170.6 175.9 181.2 186.5
0
20
40
60
80
100
120
140
160
180
2019 2020 2021 2022 2023 2024
InBillionUS$
Besides this, the rapid expansion of the e-commerce sector has popularized the online retailing of pet
food since it is convenient and profitable for both the buyers and sellers. Moreover, governments of
several countries have taken initiatives to protect pet health by regulating the manufacturing process
and promoting the use of safe and healthy ingredients. Looking forward, the market value is projected
to reach US$ 128.4 Billion by 2024, growing at a CAGR of 4.5% during 2019-2024.
Request for a free sample report: https://www.imarcgroup.com/pet-food-market/requestsample
Report DescriptionReport Description and Highlights
In addition, it has also led to several innovations in the taste and flavor of pet food with recipes
showing a strong influence from social dining.
Key Market Segmentation:
Market Segmentation by Pet Type
• Dog Food
• Cat Food
• Others
Based on the pet type, dog food currently accounts for more than half of the total global market share,
followed by cat food and others.
For more information, click here: https://www.imarcgroup.com/pet-food-market
Market Segmentation by Product Type
• Dry Pet Food
Report Description
Report Description and Highlights
• Wet and Canned Pet Food
• Snacks and Treats
On the basis of the product type, the report finds that dry pet food holds the largest share in the
market. Some of the other popular product types include wet and canned pet food, and snacks and
treats.
Market Segmentation by Pricing Type
• Mass Products
• Premium Products
The market has been categorized based on the pricing type into mass and premium products. Amongst
these, premium products dominate the market, holding the largest share.
Market Segmentation by Ingredient Type
• Animal Derived
• Plant Derived
Report DescriptionReport Description and Highlights
Based on the ingredient type, the market has been segregated into animal-derived and plant- derived
pet food. Amongst these, animal-derived ingredients represent the leading segment.
Market Segmentation by Distribution Channel
• Supermarkets and Hypermarkets
• Specialty Stores
• Online Stores
• Others
The market has been classified on the basis of the distribution channel into supermarkets and
hypermarkets, specialty stores, online and others. Presently, supermarkets and hypermarkets are the
largest distribution channel.
Market Segmentation by Region
• Asia Pacific
Report DescriptionReport Description and Highlights
• Europe
• North America
• Middle East and Africa
• Latin America
Region-wise, North America exhibits a clear dominance in the market. Other major regions include
Asia Pacific, Europe, Latin America, and Middle East and Africa.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players.
• Mars PetCare Inc
• Nestlé Purina PetCare,
• Hill's Pet Nutrition
• Proctor & Gamble Co
• Del Monte Foods
A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
Report DescriptionReport Description and Highlights
© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of
International Market Analysis Research and Consulting (IMARC). No part of this publication may be
reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be
used in any form or by and means graphic electronic or mechanical, including photocopying, recording,
taping or by information storage or retrieval, or by any other form, without the express consent of
International Market Analysis Research and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been
based on information and sources believed to be accurate and reliable at the time of publishing.
International Market Analysis Research and Consulting makes no representation of warranty of any kind as to
the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any
loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market
Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of
their respective companies.
FOR MORE DETAILS
Visit us at :
Stay With Us:
TELEPHONE: +1-631-791-1145
E-MAIL: sales@imarcgroup.com
https://www.imarcgroup.com
Contact Us

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Pet Food Industry: Market Analysis, Share, Size ,Trends, Demand and Forecast Till 2024

  • 1. Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Pet Food Market Research Report and Forecast 2024 Report Edition: 2019 © 2019 IMARC All Rights Reserved
  • 2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
  • 3. Report DescriptionReport Description and Highlights Global Pet Food Market Overview: According to the latest report by IMARC Group, titled “Pet Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global pet food market size reached US$ 98.3 Billion in 2018. Over the years, there has been a rise in pet adoption rates across the globe, which has accelerated the demand for pet food. Various studies conducted by the manufacturers have also increased the knowledge of pet nutrition among owners. In line with this, they are now opting for products which ensure palatability and meet the nutritional requirements of pets. Moreover, manufacturers are introducing pet food which is formulated according to the specific breed, age and size of pets in smaller, disposable, single-serve containers in order to offer convenience to both the pets and their owners. Pet Food Market Trends Pet owners have started to treat their pets as a member of the family and have become highly sensitive towards their pets’ needs. This trend of pet humanization has encouraged pet food companies to develop healthier and organic products which aid in reducing or controlling weight and avoiding obesity.
  • 4. Report DescriptionReport Description and Highlights 120.2 125.5 130.8 136.1 141.4 146.7 152.0 157.3 0 20 40 60 80 100 120 140 160 2011 2012 2013 2014 2015 2016 2017 2018 inBillionUS$ 160.0 165.3 170.6 175.9 181.2 186.5 0 20 40 60 80 100 120 140 160 180 2019 2020 2021 2022 2023 2024 InBillionUS$ Besides this, the rapid expansion of the e-commerce sector has popularized the online retailing of pet food since it is convenient and profitable for both the buyers and sellers. Moreover, governments of several countries have taken initiatives to protect pet health by regulating the manufacturing process and promoting the use of safe and healthy ingredients. Looking forward, the market value is projected to reach US$ 128.4 Billion by 2024, growing at a CAGR of 4.5% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/pet-food-market/requestsample
  • 5. Report DescriptionReport Description and Highlights In addition, it has also led to several innovations in the taste and flavor of pet food with recipes showing a strong influence from social dining. Key Market Segmentation: Market Segmentation by Pet Type • Dog Food • Cat Food • Others Based on the pet type, dog food currently accounts for more than half of the total global market share, followed by cat food and others. For more information, click here: https://www.imarcgroup.com/pet-food-market Market Segmentation by Product Type • Dry Pet Food
  • 6. Report Description Report Description and Highlights • Wet and Canned Pet Food • Snacks and Treats On the basis of the product type, the report finds that dry pet food holds the largest share in the market. Some of the other popular product types include wet and canned pet food, and snacks and treats. Market Segmentation by Pricing Type • Mass Products • Premium Products The market has been categorized based on the pricing type into mass and premium products. Amongst these, premium products dominate the market, holding the largest share. Market Segmentation by Ingredient Type • Animal Derived • Plant Derived
  • 7. Report DescriptionReport Description and Highlights Based on the ingredient type, the market has been segregated into animal-derived and plant- derived pet food. Amongst these, animal-derived ingredients represent the leading segment. Market Segmentation by Distribution Channel • Supermarkets and Hypermarkets • Specialty Stores • Online Stores • Others The market has been classified on the basis of the distribution channel into supermarkets and hypermarkets, specialty stores, online and others. Presently, supermarkets and hypermarkets are the largest distribution channel. Market Segmentation by Region • Asia Pacific
  • 8. Report DescriptionReport Description and Highlights • Europe • North America • Middle East and Africa • Latin America Region-wise, North America exhibits a clear dominance in the market. Other major regions include Asia Pacific, Europe, Latin America, and Middle East and Africa. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • Mars PetCare Inc • Nestlé Purina PetCare, • Hill's Pet Nutrition • Proctor & Gamble Co • Del Monte Foods
  • 9. A partial List of our Clients We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients
  • 10. A partial List of our Clients We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients
  • 11. Report DescriptionReport Description and Highlights © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
  • 12. FOR MORE DETAILS Visit us at : Stay With Us: TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com https://www.imarcgroup.com Contact Us