The global pet food market size is expected to gain momentum by reaching USD 136.82 billion by 2028 while exhibiting a CAGR of 4.96% between 2021 to 2028. In its report titled “Pet Food Market, 2021-2028,” Fortune Business Insight mentions that the market stood at USD 93.94 billion in 2020.

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Pet Food Market Size, Industry Growth, Global Trends, Analysis, 2030
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Pet Food Market Size, Industry Growth, Global Trends, Analysis, 2030

The global pet food market is projected to grow from USD 115.50 billion in 2022 to USD 163.70 billion by 2029, exhibiting a CAGR of 5.11%