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Global pet market overview-- The global pet industry as a whole maintains a rapid growth trend

The global pet industry takes the United States and Europe as the main markets.
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The global pet industry takes the United States and Europe as the main markets. In 2023, the scale will reach 355.5 billion US dollars, an increase of 6.9% year-on-year, and is expected to reach 500 billion US dollars by 2030


The United States is the world's largest pet consumer market (40.2%), and the American Pet Products Association (APPA) announced that the industry has reached $136.8 billion in sales in 2022, an all-time high. This is the third consecutive year of record growth for the industry, which is expected to continue growing in 2023. After industry sales topped $100 billion for the first time in 2020, APPA is optimistic that sales will continue to be strong in 2023, which is expected to reach $143.6 billion, an increase of +5% year over year.


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