Global Pet Nutrition Market Growth 2024-2030

Global Pet Nutrition Market Growth 2024-2030

The global Pet Nutrition market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Pet Nutrition Industry Forecast” looks at past sales and reviews total world Pet Nutrition sales in 2023, providing a comprehensive analysis by region and market sector of projected Pet Nutrition sales for 2024 through 2030. With Pet Nutrition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pet Nutrition industry.

This Insight Report provides a comprehensive analysis of the global Pet Nutrition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pet Nutrition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Pet Nutrition market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pet Nutrition and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pet Nutrition.

According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 401%.

This report presents a comprehensive overview, market shares, and growth opportunities of Pet Nutrition market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Proteins
Minerals
Vitamins
Others

Segmentation by application
Pet Cat
Pet Dog
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hill's
Petcurean
Kerry
American Pet Nutrition
Lallemand Animal Nutrition
Horizon Pet Food
Life Line Pet Nutrition, Inc
CANIDAE
Nourse
ALC INovators, Inc.
MAG Pet

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pet Nutrition market?

What factors are driving Pet Nutrition market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pet Nutrition market opportunities vary by end market size?

How does Pet Nutrition break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.