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Global Pet Food Market

Market Estimation & Definition
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The global pet food market was valued at approximately USD 127 billion in 2024 and is projected to grow to nearly USD 200.9 billion by 2032, representing a compound annual growth rate (CAGR) of about 5.9% from 2025 through 2032.
“Pet food” refers to formulated food products designed for companion animals—primarily dogs and cats—with types including dry kibble, wet/canned foods, semi-moist foo