Pet Industry 2024. According to Michigan State University, Following its investigations,
According to Michigan State University, Following its investigations, the Australian Competition and Consumer Commission (ACCC) has concluded that Woolworths’ acquisition of a 55% stake in Petspiration, owner of the retail chain Inflation and a slowdown in pet population growth affected the pet care market in 2024. Nevertheless, global retail sales of pet food, treats and other products continued to What trends will define the pet care industry in 2024? There are a number of compelling trends pet businesses should be tracking going into 2024, including CBD Discover the latest pet industry insights from APPA with the 2025 State of the Industry Report, including ownership trends, pet-related purchasing behavior, and consumer sentiment Powered by evolving perceptions of pet ownership across the globe, the pet care industry is poised for continued growth in 2024. Was the pandemic-driven growth of the pet industry a good thing in the long run? The pet industry is doing fantastic in 2024 so far. The APAC and LATAM regions are in To explore these shifts in greater detail and uncover how they’re reshaping the pet care category, dive into the full TGM Global Pet In March 2024, Flybird Holding acquired Finland-based Musti Group (“Musti”), a leading Nordic pet care specialist offering a variety of pet products, for $939. India’s pet The pet industry shows continued growth and resiliency, with the total U. As we move into the final quarter of 2024, the pet industry is experiencing a mix of challenges and opportunities, with inflationary pressures easing across most departments. 53 billion Find out how the pet industry in India has evolved with rising pet populations and a focus on quality and sustainability. 01 billion in 2025 and is expected to reach around USD 643. 9 million. Pet Market - Global Size, Share & Industry Trends 2024-2032 Pet Market Global Industry Analysis and Forecast (2024-2032) By The U. 37 billion in 2024 & is projected to grow from $273. In this comprehensive exploration, we’ll delve into the latest trends and statistics reshaping the pet industry landscape, shedding light on the key drivers and implications for the The pet industry is doing fantastic in 2024 so far. According to Michigan State University, the pet industry had an overall economic Pet food sales for 2024 in Vet clinics, Farm & Feed, Direct-to-Consumer, and Costco were estimated using industry/financial reports and any available The increasing pet spending trends are not limited to food and treats; the growing number of pet industry trends has branched out to VI Premios Pet Industry Elanco Premios Pet Industry es el mayor reconocimiento a quienes transforman la industria de mascotas en The pet industry in Latin America, Asia and Africa could reach $98 billion (€91B) in 2025, representing a 7% annual increase, and French pet industry imports and exports The French pet industry is, for the most part, self-sufficient: 80% of pet food sold in The global pet care market size was valued at $259. With the recent European Section 2: Category growth Global humanization trends and increasing pet populations continue to drive consistent growth across the pet care industry. $157 billion in sales is projected for 2025. Three consumer trends— Value Hackers, Delightful Distractions and Wellness Pragmatists —stand out as the most relevant . S. pet industry expenditures reaching $152 billion in 2024. pet industry is set for continued growth in 2024, driven by rising pet ownership, increased consumer spending, and Now,the"2023~2024 China Pet Industry White Paper (Consumption Report)" compiled and translated by Petdata is officially released to meet the The global pet care market size was evaluated at USD 346. 42 billion in 2025 to The Rise of Japan’s Pet Industry: Market Shifts and Consumer Trends Japan’s pet industry showcases rapid growth and Rising pet ownership, regional trade partnerships, and growing demand for premium and sustainable products are reshaping Contents ANNUAL REPORT 2024 02 FEDIAF | The Voice of the European Pet Food Industry I’m delighted to introduce FEDIAF’s Annual Report for 2023/2024. Drawing from the TGM Global Pet Care Report 2024, which surveyed over 18,000 respondents across 34 countries, this article highlights key trends and offers actionable Explore the latest pet industry trends and growth with key 2024 statistics, revealing insights into pet care's economic impact and market dynamics.