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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 reached a peak of over 102 billion U.S. dollars in 2020.

Regional pet food industry overview

The majority of pet food revenue is produced in the United States, followed by the United Kingdom. The U.S. is, by far, the frontrunner, producing over six times as much revenue in 2021 as the second-placed UK. 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 the second largest volume of pet food in the world. Europe was the front runner in pet food production in 2021, producing around 11.6 million metric tons.

Pet food companies

Mars Petcare Inc., which is headquartered in the U.S., was the leading pet food company worldwide in 2020 based on revenue. The company generated over 18 billion U.S. dollars in revenue, followed by Nestlé Purina PetCare and J.M. Smucker. 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 Agrolimen SA, a Spanish manufacturer.

Interesting statistics

In the following 4 chapters, you will quickly find the 22 most important statistics relating to "Pet food market worldwide".

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