The global revenue in the 'Pet Food' segment of the food market was forecast to continuously increase between 2024 and 2029 by in total 44.1 billion U.S. dollars (+29.18 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 195.16 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Pet Food' segment of the food market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Pet Food market covers food that has been specifically created to meet the nutritional requirements of domesticated animals, including dogs, cats, as well as feed products for other less common house pets such as rodents and reptiles. Various components that supply vital nutrients for the animal’s health and wellness are often included in pet food.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista Market Insights. (September 27, 2024). Revenue in the pet food segment of the food market Worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1439845/revenue-pet-food-food-market-worldwide
Statista Market Insights. "Revenue in the pet food segment of the food market Worldwide from 2019 to 2029 (in billion U.S. dollars)." Chart. September 27, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1439845/revenue-pet-food-food-market-worldwide
Statista Market Insights. (2024). Revenue in the pet food segment of the food market Worldwide from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1439845/revenue-pet-food-food-market-worldwide
Statista Market Insights. "Revenue in The Pet Food Segment of The Food Market Worldwide from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Sep 2024, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1439845/revenue-pet-food-food-market-worldwide
Statista Market Insights, Revenue in the pet food segment of the food market Worldwide from 2019 to 2029 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1439845/revenue-pet-food-food-market-worldwide (last visited November 10, 2024)
Revenue in the pet food segment of the food market Worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista Market Insights, September 27, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/forecasts/1439845/revenue-pet-food-food-market-worldwide
