Pet Food Market 2024. Consumer desires are changing rapidly which is impacting the entire pet food supply chain. Looking forward, imarc group expects the market to reach us$ 189.6 billion by 2032, exhibiting a growth rate (cagr) of 4.6%.
The global pet food market size was valued at usd 110.53 billion in 2021 and is projected to grow from usd 115.50 billion in 2022 to usd 163.70 billion by 2029, exhibiting a cagr. While no one can foretell what christmas 2024 will be like for. It stands at 5.6%, down from 6.5%.
What Trends Will Define The Pet Care Industry In 2024?
The global pet food market size reached us$ 125.1 billion in 2023. Global pet food market outlook.
Pet Food Analysis Includes A Market Forecast.
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Pet Food Market 2024 Images References:
The Pandemic Years Of 2020 And 2021 Were Boom.
It stands at 5.6%, down from 6.5%. Statistics for the 2024 pet food market share, size and revenue growth rate, created by mordor intelligence™ industry reports.
Pet Populations May Be A More Significant Factor.
The market is expected to grow annually by 5.56% (cagr 2024.