The global revenue change in the 'Pet Food' segment of the food market was forecast to decrease between 2024 and 2029 by in total 0.1 percentage points. This overall decrease does not happen continuously, notably not in 2026 and 2029. The indicator is estimated to amount to 5.12 percent in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
The Pet Food segment covers food that has been specifically created to meet the nutritional requirements of domesticated animals, including dogs, cats, as well as feed products for other less common house pets such as rodents and reptiles. Various components that supply vital nutrients for the animal’s health and wellness are often included in pet food.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista. (June 18, 2024). Revenue growth of the pet food market worldwide from 2020 to 2029 [Graph]. In Statista. Retrieved July 04, 2024, from https://www.statista.com/forecasts/1181212/revenue-growth-pet-food-worldwide
Statista. "Revenue growth of the pet food market worldwide from 2020 to 2029." Chart. June 18, 2024. Statista. Accessed July 04, 2024. https://www.statista.com/forecasts/1181212/revenue-growth-pet-food-worldwide
Statista. (2024). Revenue growth of the pet food market worldwide from 2020 to 2029. Statista. Statista Inc.. Accessed: July 04, 2024. https://www.statista.com/forecasts/1181212/revenue-growth-pet-food-worldwide
Statista. "Revenue Growth of The Pet Food Market Worldwide from 2020 to 2029." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/forecasts/1181212/revenue-growth-pet-food-worldwide
Statista, Revenue growth of the pet food market worldwide from 2020 to 2029 Statista, https://www.statista.com/forecasts/1181212/revenue-growth-pet-food-worldwide (last visited July 04, 2024)
Revenue growth of the pet food market worldwide from 2020 to 2029 [Graph], Statista, June 18, 2024. [Online]. Available: https://www.statista.com/forecasts/1181212/revenue-growth-pet-food-worldwide