The global pet care market size was valued at USD 246.66 billion in 2023 and is projected to grow from USD 259.37 billion in 2024 to USD 427.75 billion by 2032, exhibiting a CAGR of 6.45% during 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, 2025-2032”.

Top Company 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)

Tariff Impact Analysis for the Pet Care Market: https://www.fortunebusinessinsights.com/pet-care-market-104749

COVID-19 Impact:

Rise in Market Share Driven by Increasing Social Isolation Amid the Pandemic Period

The COVID-19 pandemic led to an escalation in social isolation amid lockdown restrictions. This elevated the demand for pet ownership across various regions. Furthermore, dog owners were extremely conscious regarding the prevention of dogs from infections. However, the pandemic led to the shutdown of pet food stores in several countries.

Segmentation:

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

By product type, the market 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.