Pet industry statistics 2023 worldwide Fresh data from market researcher Euromonitor International projects that the pet food segment will increase at a higher pace than the overall industry, with the market representing €140. Pet food alone makes up 36% of the industry, followed by vet care (27%), supplies (23%), groom and board (10%), and lastly, the animal purchases themselves (4%). 75 billion by 2032, exhibiting a CAGR of 6. The pet industry is one of the most massive sectors of the American economy, with many more years of growth potential. 1 billion worldwide. 66 billion in 2023. 3 million by 2030. The global pet market is worth $246 billion. Aug 9, 2024 ยท Market revenue of the pet food industry in China from 2018 to 2023, with estimates until 2028 (in billion yuan) Premium Statistic Market size of pet nutritional products China 2020-2023, by pet type The pet products industry worldwide is expected to reach a projected revenue of US$ 120,781. 6B) by the end of 2024, 4.
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