Global Pet Food Market | Future Expansion & Profitable Opportunities for Investors | Hill's Pet Nutrition, Deuerer, Heristo AG

Market Size and Growth

Global Pet Food Market reached USD 120.3 billion in 2022 and is expected to reach USD 179.0 billion by 2031 growing with a CAGR of 5.1% during the forecast period 2024-2031.

DataM Intelligence has released its latest research, "Pet Food Market Size 2025," providing a detailed overview of the industry. The report offers a deep dive into key market drivers, regional growth, and the competitive landscape, equipping businesses with the insights needed to navigate this dynamic sector.

Mergers and acquisition

✔ The Natural Nutrition Company (TNC) has made significant acquisitions in the UK, including Pet Treats Wholesale, a natural treats manufacturer, and raw pet food processor Natural Instinct. These moves enhance TNC's presence in the UK's raw pet food sector.

✔ The Real Pet Food Company, based in Australia, is preparing for a sale targeting global strategic trade buyers, particularly large US-based pet food companies such as Mars and Colgate-Palmolive. The sale process is expected to commence in July 2025

✔ General Mills has acquired Whitebridge Pet Brands' North American premium cat feeding and pet treating business for $1.45 billion. This acquisition strengthens General Mills' position in the premium pet food market, complementing its existing Blue Buffalo portfolio.

✔ Europe has been the most active region for pet food M&A in 2024, with several notable transactions. This trend reflects the region's dynamic pet food market and its attractiveness to investors.

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Pet food is specially formulated nutrition designed to meet the dietary needs of domestic animals like dogs and cats. It includes various types such as dry, wet, and raw to support their health and well-being.

Key players:

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as :

-> Big Heart Pet Brands, Blue Buffalo, Deuerer, Heristo AG, Hill's Pet Nutrition, Laroy Group, Mars Petcare Inc, Nestlé Purina PetCare, Spectrum Brands / United Pet Group, and Unicharm Corp.

Key Developments:

✅ In August 2025: Leading manufacturers are focusing on incorporating natural and organic ingredients to meet rising consumer demand for healthier pet diets, promoting wellness and longevity in pets.

✅ In July 2025: Advances in alternative protein sources, such as insect-based and lab-grown proteins, are gaining traction in pet food formulations, addressing sustainability and allergen concerns.

✅ In May 2025: Regulatory bodies across key markets have tightened safety standards for pet food products, ensuring higher quality and more rigorous testing before reaching shelves.

Market Segments:

By Product: Wet Pet Food, Dry Pet Food, Veterinary Diets

By Price: Economic, Premium, Super Premium

By Application: Dog, Cat, Bird, Others

By Distribution Channel: Specialty Pet Shops, Hyper Markets/Super Markets, Online, others

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Research Process

Both primary and secondary data sources have been used in the global Pet Food Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Pet Food Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Chapter Outline

⏩ Market Overview: The report analyzes key drivers, challenges, and opportunities shaping the industry, providing a clear picture of the forces at play.

⏩ Market Landscape: A thorough evaluation of leading industry players, including their financial performance, key product offerings, and strategic initiatives

⏩ Companies Profiles: The global Pet Food market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: A detailed breakdown of market trends, size, and growth projections across major regions, including North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

⏩ Market Segments: An interpretation of how various segments by end-user, application, and type contribute to the market's overall value and growth..

⏩ Market Forecast: Production Side: Expert analysis on the production and value forecasts for the market, offering a glimpse into its trajectory.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

Frequently asked questions:

What is the current valuation of the Pet Food Market?

A: In 2022, the global Pet Food Market was valued at a USD 120.3 billion reflecting its substantial role in the sector.

Q: What is the projected size of the Pet Food Market by 2031?

A: Experts forecast a significant expansion, with the Pet Food Market anticipated to reach a valuation of nearly USD 179.0 billion by 2031, driven by ongoing demand and projects.

Q: What is the expected growth rate for the Pet Food Market?

A: The market is poised for steady growth, with a projected Compound Annual Growth Rate (CAGR) of around CAGR of 5.1% during the forecast period. This growth is fueled by increasing global needs and investments

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