Pet Care Market – By Type, By Animal, By Distribution Channel, Global Forecast 2024 – 2032

Pet care industry size was worth USD 304.4 billion in 2023 and is projected to expand at 6.8% CAGR from 2024 to 2032 due to the increasing rate of pet humanization across the globe.

The pet care products segment accounted for 72.7% of the market share in 2023, owing to the widespread availability of pet care products through diverse retail channels such as pet specialty stores, supermarkets, online platforms, and veterinary clinics.

The dog segment in the pet care industry accounted for USD 183.9 billion in revenue in 2023, as dogs are often considered beloved members of families, leading to increased spending on their health, nutrition, grooming, and overall well-being.

North America pet care industry accounted for USD 146.7 billion in 2023 and is projected to grow at 6.4% CAGR between 2024 and 2032, led by the presence of some of the most advanced veterinary healthcare services and pharmaceutical innovations in the region.