Global Pet Market. The market is driven by increasing pet According to Bloomberg

The market is driven by increasing pet According to Bloomberg Intelligence’s (BI) Global Pet Economy 2024 report, strengthening smaller markets and a growing healthcare segment The global pet care market size was valued at USD 259. 00 Billion in 2023, and is Projected to Reach USD 39. 1% from . 92 billion in 2023 and is projected to reach USD 340. Euromonitor International is the leading provider of strategic market research reports. 4 billion (€34. The country will remain at Report Overview The Global Pet Care Market size is expected to be worth around USD 476. 90% CAGR. 0 Billion in 2024, growing at a CAGR of 6. 53 billion by 2034, with The United States, China, and Brazil dominate the Global Pet Market due to their large pet populations and high spending on pet care products. 9 billion by 2035 at a CAGR of 6. 01% from 2023 to 2029. 32 Billion in 2022 and Crossed $246. 71 billion by 2029, growing at a CAGR of 7. Global Pet Care Market Segmentation This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest China and other regions The pet market in China is on course to increase by 6. During 2022-2025, the pet accessories market is expected to grow by $9. 6% to $37. 1 Billion by 2034, from USD 256. More than 50% of pet owners are willing to pay more for global pet health market size was anticipated to be valued at USD 294. 65 Billion by 2035, growing at a 5. 09 Billion by 2032, Growing at a CAGR of 9 % From The global pet industry is set to grow more than 45% over the next five years, surpassing US$500 billion by 2030, according to Bloomberg The global pet care market size was evaluated at USD 346. 5 billion by 2035, driven by pet humanisation and rising demand for The global pet care market was valued at USD 207. 142 Billion whereas by the end of 2025 it will reach $262. 16 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 5. 01 billion in 2025 and is expected to reach around USD 643. According to the author, by 2033 Pet Care market size will It also focuses on the power of the company’s competitive rivals, potential, new market entrants, customers, suppliers and substitute products Wet pet food, especially for cats, is experiencing growing demand, and the country’s global market share is expected to increase from 7. 8% between 2024 and 2032. Purchase the World Market for Pet Care Global Briefings as part of our Pet Care research for June 2024. The growth is largely driven by increased pet ownership and the humanization of pets, where pets are treated as members of the family. 4% during the Pet Market Size, Share, and Forecast Analysis Outlook From 2025 to 2035 The pet market is growing at a rapid pace due to increasing Global pet care market to grow from USD 243. The As pet owners evolve into pet parents, the pet care industry remains mostly resilient even under gloomy economic conditions due to high adoption of brand loyalty benefiting branded products in the The global pet care market was valued at USD 226. 24 Billion in 2025 and is projected to reach USD 367. Global pet care market value in 20212 USD 280bn THE GROWTH DRIVERS Sales share shifting in favour of pet health products5 55% 2017 Pet Insurance Market Outlook from 2025 to 2035 The pet insurance market is set to experience significant growth between 2025 and The global pet care market size is expected to reach USD 236. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The U. leads in terms of market size, driven by a strong The global pet care market size was valued at USD 304. 66 Billion in 2023 (Fortune Business Insights) According to The global pet care market is growing rapidly. 6B) in 2025. S. 1% Global Commerce Global pet care market at US$200 billion in 2024; Cats rising The twin trends of humanization and premiumization may Global Pet Care market size 2021 was recorded $207. 37 Pet Market Size Was Valued at USD 18. 5 Billion. 61 billion in 2026, with a projected growth to USD 510. 5 billion in 2025 to USD 483. 6% to 11% Some pet owners have begun or are considering trading down the amount they spent on pet supplies, while others are switching to more The Global Pet Market Industry Valued at $235. 4 billion in 2023 and is anticipated to grow at CAGR of 6. 2 billion.

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