Biggest Pet Market In Asia. Business Insider tells the global tech, finance, stock market, med

Business Insider tells the global tech, finance, stock market, media, economy, lifestyle, real estate, AI and innovative stories you want to know. Today, as pet owners treat their pets more like family members, they spend a lot of money to give them the utmost care. We have included analysis of top performing countries such as (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC) and their Market segmentation by Pet Type, Distributional Channel, Product Type, Price Range, etc. This market includes various segments, such as pet food, pet healthcare, pet grooming, and pet accessories. With high consumption frequency, pet food runs through the entire life journey of pets. Dec 5, 2023 · Explore the dynamic growth of the pet industry from four Asian markets with Intage Group's latest informative infographic in collaboration with dataSpring. 53 billion by 2034, with a CAGR of 7. Dec 17, 2025 · Discover all statistics and data on Pet industry in China now on statista. A compound annual growth rate of 6. Price segments • Evolving pet ownership sensibilities and stronger levels of pet humanization drive growth across price tiers. Jun 16, 2022 · Pet Food Market Top 10 pet food markets 2027 forecast; US top, Asia rising Analysts forecast that in 2027, the United States will still be the largest pet food, treat and other product market on Earth, but it won’t be the fastest growing by a long shot. In terms of segment, dog was the largest revenue generating pet type in 2022. The pet products market in Asia Pacific is expected to reach a projected revenue of US$ 11,636. 1 billion in 2020 and is expected to witness 10. Nov 17, 2025 · Southeast Asia’s pet products industry is booming, and opportunities abound for brands looking to expand into this fast-growing region. Thailand, boasting Southeast Asia’s largest pet care market, is poised for further growth driven by rising pet health awareness. 5 billion). Purchase the Pet Care in Asia Pacific Global Briefings as part of our Pet Care research for May 2024. May 1, 2025 · Explore the latest pet industry trends and growth with key 2024 statistics, revealing insights into pet care's economic impact and market dynamics. Amazon: https://amzn. Mar 20, 2024 · Discover how pet humanisation is driving the demand for premiumisation of food, healthcare & services especially in the Asian pet market. 5% Worldwide: Revenue in the Pet Food market amounts to US$161. S. Colgate-Palmolive Company (Hill's Pet Nutrition Inc. Jun 11, 2024 · The 26th annual Pet Fair Asia will be held in Shanghai from August 21-25, 2024, featuring over 2,500 exhibitors in 300,000 square meters of exhibit space, the largest to date. Oct 12, 2023 · In August this year, the Asia Pet Expo in Shanghai set a new record in scale, with nearly 30,000 brands participating, and over 40% of them being first-time exhibitors. We will focus on Indonesia, Philippines, Thailand and Taiwan for this edition of Asia Express. Pet food remained the largest segment of the pet consumer market in 2024, with a share of 52. 09 Billion by 2032, Growing at a CAGR of 9 % From 2024-2032. 2% of the market. The Asia Pacific pet care market is projected to grow to $29b by 2024, maintaining its position as the world’s third-largest market by 2029, according to Euromonitor International. Jul 13, 2018 · Attitudes to pet ownership varies greatly across the region along with ownership rates. Pet Food holds the largest market share at 45%, followed by pet healthcare services at 33% (this includes hospitals, clinics, pet care centers, grooming services, etc. Pets have become an integral part of daily life for many consumers, but entering the Southeast Asian market comes with challenges. In the United States, pet food has been the highest-selling product category and maintained the top Dec 10, 2024 · Despite the economic headwinds faced by Chinese consumers, China’s pet consumer market demonstrated resilience and steady growth following a 10-year period of rapid growth. However, Philippines is anticipate to emerge as the most vibrant market in terms of CAGR followed by Vietnam. The market is expected to grow annually by 5. China, Japan, South Korea, and Singapore have been key players in this market. 55 billion) for the first time. ), General Mills Inc. This report offers a detailed examination of the Asia Pacific pet care market, leveraging historical data from 2020 to 2024 and projecting trends through 2030. 2% over the next 5 years. But offline purchases still have 83. Dogs held the largest market share, and growing pet humanization is driving the Asia-Pacific pet food market The Asia-Pacific pet food market is experiencing significant growth, mainly attributed to the growing pet population in the country, which increased from 442. In 2025, growth continues, especially in dog and cat food, but at a slower pace due to inflation and rising living costs. May 16, 2024 · Debbie Phillips-Donaldson The German pet care market has surpassed the 7 billion Euro (US$7. 1 million in 2022. Nov 21, 2017 · The next biggest pet countries are Russia, where just under three-quarters (73 percent) own a pet, and the U. 37 billion in 2024 & is projected to grow from $273. We provide a platform for effective marketing to exhibitors and excitements to visitors. 0% CAGR from 2021 to 2027. Definition: The Pet Food market covers food that has Nov 5, 2024 · China is the biggest player in the Asian pet care market. Examples of AI in the pet industry are pet health systems, smart products for pets, devices for tracking pets, and automatic services for owners. 5 billion. Euromonitor data indicates a gradual shift to online shopping between 2021 and 2025, with pet e-commerce increasing its market share by about a quarter (26. Let’s find out what’s new. Discover exclusive discounts and the latest trends in women's fashion at SHEIN, featuring dresses, tops, bottoms, shoes, plus sizes and more. The region’s pet market is expected to reach $100 billion by 2025, with China, Japan, and South Korea leading the way. 6 per cent of pet owners born between 1990 and 1999. Enjoy member exclusive savings when you book on hyatt. Currently, Thailand is the largest market in terms of size with 43. Aug 5, 2025 · Geographically, North America currently leads the pet market due to its high pet adoption rates and strong consumer spending on pet care. Aug 19, 2020 · The pet industry is making leaps and bounds across the globe and South East Asia is no exception. 01 billion in 2025 and is expected to reach around USD 643. 8 billion (€127. 01% (CAGR 2026-2030). 1 day ago · Pet food sees new growth Pet food is the largest sub-sector in the overall pet market. In Italy, a pandemic bump in pet population has sustained. 3% is expected of Asia Pacific pet food products market from 2023 to 2030. Discover key insights and opportunities. 8 percent among all pet-related consumption. 23 billion in 2026 is growing at a CAGR of 7. 01% CAGR. ly/4jirv3x The craziest exotic pet industry I have ever visited | Singapore 📍 The Aquatic Garden Pet Show in Singapore is where rare fish Pet Food Market Summary The global pet food market size was estimated at USD 103. The Japan pet food market held 29. Some Asian nations, including some of the world’s largest economies, had lower pet ownership rates than their neighbors. Since its birth in 1997, the show has witnessed the rising of the Chinese pet market and has kept a constant y-o-y growth pace. The pet food products market in Asia Pacific is expected to reach a projected revenue of US$ 23,216. Diverse regulations, fragmented legal frameworks, underdeveloped logistics and infrastructure, and various cultural and The market has seen a significant shift towards health and wellness products for pets, reflecting changing consumer preferences and a greater focus on pet care. 2 million in 2017 to 511. Apr 5, 2024 · According to Graphical Research, rising demand from pet owners for healthier, more nutritious, and organic pet foods and increasing adoption of private-label brands across the region are driving the market growth. Jan 2, 2026 · The Asia-Pacific Pet Food Market worth USD 37. Oct 29, 2025 · Second-largest pet food exporter showcases regional dominance at Bangkok trade fair. 92 Billion by 2031, growing at a CAGR of 9. Jul 1, 2025 · The Asia Pacific pet food market size will reach USD 43. Singapore’s pet care market grew steadily in 2024, driven by aging pets, improved veterinary care, and demand for health-focused products. MEGAZOO is the largest pet industry fair held every year in Korea since 2013. The Asia-Pacific pet food market CAGR of 9. May 12, 2025 · The Petfair South-East Asia trade fair in Bangkok from 30 October to 1 November will provide insights into an exciting and growing market. 09 million by 2032. to/4iIqt0m Website: https://bit. Jul 5, 2024 · Asia Pacific’s pet care market is projected to reach $43 billion in 2024, cementing its spot as the third largest market among major regions globally by 2029. 45% during the forecast period, 2023-2032, and is set to garner a revenue of $45540. 3 billion in 2023 and is projected to reach USD 139. Stores also provide services including grooming, dog daycare, dog and cat boarding, veterinary care via in-store third-party clinics, and dog training. 48 Billion in 2025. 75 billion by 2032 Jul 3, 2024 · China remains the largest contributor to the pet care market in the region. 46%from 2024 to 2031. Jul 24, 2024 · The rapid increase in dog and cat populations and a notable increase in packaged food purchases are the leading reasons for the rise of these markets. 50 Billion by 2033, growing at a CAGR of 5. 68% during the forecast period (2025-2033). Nov 17, 2025 · Asia Pacific’s pet market is forecast to hit an all-time high in 2025, according to data from Euromonitor International shared with GlobalPETS. Nov 7, 2025 · The Asia-Pacific pet care market has reached US$30 billion in sales to date in 2025, making it the third largest region globally, according to Euromonitor International. ” Pet food sales In 2020, pet food sales within the Asia Pacific region reached $18. According to the report, Asia-Pacific Pet Food Market Overview, 2022-2027 the market was valued at around USD 19 billion. The market is projected to grow at a CAGR of 8. Asian countries appear to have the smallest percentage of their online population who own pets. 5% is expected of Asia Pacific pet care market from 2023 to 2030. Oct 24, 2025 · Sales of pet food in the Philippines are mainly through a range of retail channels, with just 10% via veterinary clinics. According to one of HK’s largest e-commerce sites for pet supplies, 12% of their sales now from supplements. Jun 27, 2024 · Asia Pacific’s pet care market is projected to reach USD$29 billion in 2024, maintaining its position as the third largest market among major regions globally by 2029. com. Oct 27, 2025 · The global pet care market size was evaluated at USD 346. 00 Billion in 2023, and is Projected to Reach USD 39. Book now at any of our 1,300+ Hyatt hotels and resorts worldwide and get the best rate guaranteed. They also offer dog and cat adoption via in-store adoption centers facilitated by the non-profit PetSmart Charities. Global pet food segment Food is set to remain the biggest pet expense. Pet Fair Asia is the largest exhibition for the pet industry across the vast Asia-Pacific region and one of the largest in the world. 04% to reach USD 52. Oct 15, 2025 · The Asia Pacific pet care market is projected to grow at a 6. The Southeast Asia pet care market has experienced significant growth in recent years. Though Gen Z and millennials are leading the boom in pet ownership across the country with 46. 8% CAGR, driven by rising pet ownership and consumer spending. However, the Asia Pacific region is expected to be the fastest-growing market owing to increasing urbanization, changing lifestyles, and a rise in pet adoption in countries like China and India. Lessons from Japan point to a multi-decade runway for Chinese pet brands, along with market share consolidation. 2 billion (€15. Jan 13, 2025 · The Asia-Pacific Veterinary Healthcare Market is growing at a CAGR of 10. Mar 19, 2025 · Explore key companies' market share in the pet industry. 9 million by 2030. The Asia Pacific pet food market size reached around USD 26. Which country has the most pets? How abou the most exotic pets? The most dogs and cats? Learn these details and more as we explore the data behind pet ownership in different countries. It evaluates market size, growth trajectories, and key drivers of change, providing a nuanced view of the industry’s development. Nov 22, 2024 · The pet industry in Latin America, Asia and Africa could reach $98 billion (€91B) in 2025, representing a 7% annual increase, and grow at a compounded average rate of high-single digits to $137. From pet humanisation Pet humanisation, the trend of treating pets as family members or even children and applying human dietary and lifestyle trends to our furry companions, is rising in Asia-Pacific, especially in China, where over half of “pet parents” (55%) consider their feline and canine companions as their children, while a third views them as family members (28%) and 7. Analyze competitive insights and forecasts. Against the backdrop of economic downturn and declining birth rates, the pet industry has emerged as a resilient and growing sector in consumer markets. 10%. China market was valued at around USD 32. The Asia Pacific pet food market size was estimated at USD 20. Explore insights on the Asia Pacific Pet Food Market key trends, growth drivers, and forecasts shaping the region’s thriving pet nutrition industry. The market is projected to grow at a more than 7% CAGR for the 2022-2027 period. The world's leading data visualization tool for international trade data. Oct 31, 2022 · Pet care in Hong Kong is now moving towards an ultra-premium positioning compared to other markets in Asia Pacific. 6% market share and is expected to dominate through the forecast period. Asia-Pacific is the fastest-growing pet care market globally, with markets like Indonesia and Vietnam experiencing double-digit growth in pet food sales. The pet care market in Asia Pacific is expected to reach a projected revenue of US$ 33,772. Aug 20, 2024 · Asia-Pacific’s pet care market (including food and products) is projected to reach $29 billion in 2024, making it the third-biggest market globally, per Euromonitor. , Mars Incorporated, Nestle (Purina) and Archer Daniels Midland (ADM) are the major companies operating in this market. A compound annual growth rate of 5. 42 billion in 2025 to $427. Euromonitor International is the leading provider of strategic market research reports. The market serves the needs of different types of pets, including dogs, cats, birds, and small mammals. and Ceva are the major companies operating in this market. Aug 17, 2022 · Some of the highest rates of pet ownership were in Indonesia, Vietnam, the Philippines and Thailand. PetSmart stores sell pet food, pet supplies, pet accessories, and small pets. Oct 9, 2024 · Find out the latest market trends, success stories and opportunities in the pet tech industry in Asia. Apr 15, 2025 · Pet Fair Asia, Asia’s largest pet exhibition, returns in 2025 with another robust edition. 55 Billion in 2024 and is projected to reach USD 7. 82% CAGR from 2024 to 2029. 3%). Pet Fair Asia 2026 is set to welcome an unprecedented number of exhibitors and visitors from China and around the globe as it returns Dec 31, 2014 · Southeast Asia pet care market to reach USD 3. Free shipping available. 46 Billion in 2024 and is projected to reach USD 101. The United States, China, and Brazil dominate the Global Pet Market due to their large pet populations and high spending on pet care products. China, Japan and Australia are the region’s largest markets for pet care, including pet food and pet products. 0 million by 2030. 4% is expected of Asia Pacific pet products market from 2023 to 2030. The Southeast Asia pet care market is segmented by type into pet food, pet healthcare, grooming products, and accessories. Sep 1, 2021 · “Japan is the 5th largest market globally for dog ownership and 10th for cat ownership. Our model on China's pet market projects pet sector sales to grow twice as fast as other consumer businesses in 2023-25E. 32 billion by 2031. 2 billion), with Japan comprising the majority, at $3 billion (€2. Apr 15, 2015 · The Asia-Pacific pet care market has seen slow but steady growth, and it’s clear that pets are becoming increasingly significant to this area of the world. May 30, 2024 · Pet Fair Asia is the largest exhibition for the pet industry across Asia-Pacific and one of the largest in the world. With a forecasted annual growth rate of 10% and the market size expected to exceed 4 billion USD already by the year 2020, Southeast Asia is predestined to develop into one of the world’s most promising and most stable growing pet markets in the next decade. Nov 25, 2025 · The United States is the world leader in the pet market, with a market share of just over ** percent as of March 2020. Indonesia’s pet care market is evolving quickly, driven by rising attention to food quality and a strong preference for trusted local stores. Its 26th edition will take place in Shanghai from 21st to 25th August 2024. Read More. As pets become Southeast Asia: Revenue in the Pet Food Market is projected to reach US$****bn in ****. 2 million in 2022. Aug 15, 2023 · Pet Fair Asia 2023, the leading pet industry platform in Asia and one of the world’s largest pet events, will take place from August 16-20 at the Shanghai New International Expo Centre (SNIEC). Worldwide: Revenue in the Pet Food market amounts to US$161. 9% from 2023 to 2030. Economic factors such as improved GDP growth, subsiding inflation rate, and stable disposable incomes have helped sustain growth for pet food and pet products in 2024. Jun 25, 2024 · Explore the growth and trends of China's pet food industry, highlighting its significance in the global market. 7% from 2025 to 2030. 08 billion by 2032, growing at a 6. 29 billion by 2030, growing at a CAGR of 4. Mar 24, 2023 · Bloomberg Intelligence’s Pet Economy Report finds that the global pet industry is set to expand rapidly over the next decade as pet owners spend more and pets live longer New York, March 24 Dec 17, 2025 · Find the most up-to-date statistics and facts on the global pet food market Asia Pacific Pet Care Market Size And Forecast Asia Pacific Pet Care Market size was valued at USD 49. Definition: The eCommerce Pet Food market refers to the online sales of pet food products, including dry and Dec 17, 2025 · Get the latest statistics and facts on the pet industry in Japan. Pet Market Size Was Valued at USD 18. 6B) by the next decade. com! Market Size & Trends The North America pet care market generated a revenue of USD 68,675. Dec 29, 2025 · The global pet care market size was valued at $259. , Inc. The South East Asia Pet Care Market size was valued at USD 4. Vetoquinol, Elanco, Boehringer Ingelheim International GmbH, Merck & Co. 1% of the share in 2024 The Asia Pacific pet care market refers to the industry that provides products and services for the well-being and maintenance of pets. Jan 22, 2021 · Asia Pacific Pet Care Market size was valued at over USD 68. Among pet food categories, high-end products are getting more attention. at 70 percent. Pet care, which includes various products and services for pets such as Welcome to the World’s Biggest Electronics Market — Huaqiangbei, Shenzhen! 🇨🇳💻In this video, I take you inside Huaqiangbei, the largest and most iconic el The Asia Pacific AI in Pet Care Market is about the increased adoption of artificial intelligence in pet care businesses across the region. According to the research report 'Asia Pacific Pet Care Market Outlook, 2029,', the Asia Pacific Pet Care market is anticipated to grow at more than 8. Malaysia Pet Care Market Pet care in 2024: The big picture Pet care saw solid retail current value growth in Malaysia in 2023, with this trend set to continue in 2024. Though that equates to only a third of the size of the North American pet care market, the largest worldwide, Asia-Pacific is the fastest-growing among emerging markets. 4% from 2024 to 2030. 97 million in 2024 and is expected to grow at a CAGR of 6. . Sep 13, 2024 · Other than pet food, pet owners are also turning to nutritional supplements to help enhance the quality of their pets’ lives. Thailand has cemented its position as the world's second-largest pet food exporter after Germany, with the industry projecting export values to reach $5 billion by 2030 despite ongoing geopolitical headwinds and trade tensions. Mar 28, 2024 · It’s the perfect moment for pet care businesses to make the most of dynamic trends and evolving consumer choices as Southeast Asia’s growth rate remains relatively high. This year, the pet industry's leading trade fair Interzoo will be taking part in the event with both a trade fair stand (stand number D47) and a professional presentation on the European market. Pet food represents the largest segment, driven by demand for both standard and premium nutrition solutions, including dry food, wet food, and treats. Definition: The Pet Food market covers food that has The pet industry in the Asia-Pacific region is rapidly growing, driven by a growing middle class, urbanization, and an increase in pet ownership. The market is expected to grow at a CAGR of 4. Jul 3, 2024 · China remains the largest contributor to the pet care market in the region. Welcome to Aijaz Zia, where we embark on an exciting adventure to explore Asia's largest pets market! Join us as we dive into the vibrant world of pet lovers Within the total pet products market, pet food and treats make up the largest share of sales. Furthermore, pet owners in Hong Kong are not willing to sacrifice the quality of pet food and healthcare products they purchase, even during tough economic times. 72bn in 2026. Asia Pet Care Market Size, Share & Analysis by Country, By Category (Dog Food, Cat Food, Other Pet Food, Cat Litter, Pet Healthcare, Pet Dietary Supplements and Others), By Pet Food Type (Dry Food, Wet Food, Pet Treats) Forecast and Opportunities, 2021-2025 Report 151 Pages September 2021 Region: Asia Pacific New Era MarketMonitor Consultancy Nov 25, 2025 · China's pet market is experiencing remarkable growth, with projections indicating it will reach a staggering **** trillion yuan by 2028. 80% between 2026 and 2035. ), and the rest are pet apparel, accessories, and toys. 04 Bn by 2033.

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