The global pet care industry size was valued at USD 246.66 billion in 2023. The industry is poised to expand from USD 259.37 billion in 2024 to USD 427.75 billion by 2032, exhibiting a CAGR of 6.45% over the forecast period. The rise can be attributed to the escalating popularity of pet care products across numerous regions.

Fortune Business Insights™ cites this information in its research report, titled “Pet Care Market, 2024-2032”.

Top Companies Covered in the Pet Care Market:

• Mars Incorporated (U.S.)
• Nestle S.A. (Switzerland)
• Spectrum Brands Inc. (U.S.)
• Diana Group (Thailand)
• The J.M. Smucker Company (U.S.)
• Unicharm Corporation (Japan)
• Hill’s Pet Nutrition, Inc. (U.S.)
• SCHELL & KAMPETER, INC (U.S.)
• Tiernahrung Deuerer GmbH (Germany)
• Heristo AG (Germany)

Information Source: https://www.fortunebusinessinsights.com/pet-care-market-104749****

Segmentation:

Pet Food Segment to Record Substantial Growth Impelled by Rising Demand for Nutritious Items

By product type, the industry is segmented into veterinary care, pet food products, and others. The pet food segment is expected to expand at an appreciable pace throughout the study period. The surge can be attributed to the increasing demand for nutritious and tasty food items for meeting the daily feeding requirements of pets.

Dog Segment to Register Considerable Expansion Owing to Healthy Nature of Products

Based on pet type, the industry is categorized into cat, dog, and others. The dog segment is estimated to register substantial growth over the projected period. The growth is driven by the healthy nature of products and the happier nature of dogs.

Offline Segment to Gain Traction Driven by Extensive Availability of Products at Various Stores