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Pet food market worldwide - statistics & facts

The pet food market covers a wide range of products, from standard kibble to natural and fresh pet food options. The market has greatly diversified in recent decades; trends in human food consumption have made their way into the pet world and are likely there to stay. Whether it be free-from, organic, or low-calorie, consumers are likely to be able to find a wide range of options while browsing in-store or online. The global pet food market is growing annually at a steady pace. Total sales were estimated to reach a peak of over 123 billion U.S. dollars in 2022.

Regional pet food industry overview

The majority of pet food revenue is produced in the United States, followed by China and the United Kingdom. The U.S. is, by far, the frontrunner, producing almost eight times as much revenue in 2022 as second-placed China. Food and treats make up the largest share of total pet market revenue in the U.S., followed by sales of veterinary services and products. Despite the U.S. being home to largest pet food market, North America produces only the second largest volume of pet food in the world. Europe was the front runner in pet food production in 2022, producing around 11.78 million metric tons.

Pet food companies

Mars Petcare Inc., which is headquartered in the U.S., was the leading pet food company worldwide in 2021 based on revenue. The company generated 19 billion U.S. dollars in revenue, followed by Nestlé Purina PetCare and Hill's Pet Nutrition. The top eight pet food companies globally were all headquartered in the U.S., further showcasing the nation’s dominance in this industry. The most successful pet food company outside of the U.S. was Unicharm Corp., a Japanese manufacturer.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Emma Bedford, Dec 18, 2023

Key insights

Number of pet dogs worldwide
471m
Pet food sales worldwide
133.9bn USD
Pet food revenue growth worldwide (2021)
10.9%
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Editor’s Picks Current statistics on this topic

Pet food sales worldwide from 2010 to 2023 (in billion U.S. dollars)

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Sales of pet food worldwide 2010-2023

Leading pet food companies worldwide in 2021, based on revenue (in million U.S. dollars)

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Leading pet food companies worldwide 2021, based on revenue

Volume of pet food produced worldwide in 2022, by region (in million metric tons)

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Pet food production worldwide 2022, by region

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