Latest News About Pet foods outlook

Updated 2026-06-18 09:39

Industry appeared at a strong growth with growth in specialized diets and increasing pet ownership. Global pet food sales forecast to reach about 210–$270 billion by the mid-2030s, rising 4-5% annually. Innovations push toward higher quality ingredients, transparency, and personalized nutrition. Rising interest in plant-based and alternative proteins and functional additives along with fresh or human-grade options. Traceability in supply chains improves to support these developments.

Sources

Companies Mentioned

The Pet Food Market, valued at USD 64.6B in 2025, is projected to reach USD 126.3B by 2034, growing at a 7.7% CAGR.

www.researchandmarkets.com

Pet Foods Market Size, Share & Growth Report [2024-2034]

The Pet Foods Market size is expected to reach USD 210.5 billion in 2034 growing at a CAGR of 4.5. The Pet Foods Market report classifies market by segmentation, growth drivers, demand, trend, and forecast insights.

www.emergenresearch.com