Dog And Cat Food Market

The global market for dog and cat food is projected to see growth in both consumption and value over the next eight years. By 2030, the market volume is expected to reach 104M tons with a value of $360.6B. The top consuming countries in 2022 were China, the US, and India. Production and imports also saw increases, with China leading in production and Germany, the US, and the UK leading in imports. Export prices are expected to continue to increase, with China having the highest export price. Overall, the market shows promising growth potential driven by increasing demand worldwide.

Market Forecast

Driven by increasing demand for dog and cat food worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.0% for the period from 2022 to 2030, which is projected to bring the market volume to 104M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.9% for the period from 2022 to 2030, which is projected to bring the market value to $360.6B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Dog And Cat Food

In 2022, the amount of dog and cat food consumed worldwide was estimated at 88M tons, with an increase of 3.2% against 2021. The total consumption volume increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at 90M tons in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

The global dog and cat food market value reached $264.6B in 2022, increasing by 1.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the maximum level at $265.4B in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (16M tons), the United States (10M tons) and India (6.5M tons), together comprising 37% of global consumption. Indonesia, Pakistan, Nigeria, Brazil, Japan, Bangladesh, Mexico, the UK, Turkey and France lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +13.7%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, China ($83.4B) led the market, alone. The second position in the ranking was held by Japan ($34B). It was followed by India.

From 2012 to 2022, the average annual growth rate of value in China stood at +2.9%. The remaining consuming countries recorded the following average annual rates of market growth: Japan (-0.1% per year) and India (+5.0% per year).

The countries with the highest levels of dog and cat food per capita consumption in 2022 were the United States (31 kg per person), the UK (25 kg per person) and France (21 kg per person).

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +10.8%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Dog And Cat Food

In 2022, the amount of dog and cat food produced worldwide rose to 89M tons, surging by 2.9% compared with the year before. The total output volume increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 11%. Global production peaked at 91M tons in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In value terms, dog and cat food production stood at $264.5B in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by 14%. Global production peaked at $266.6B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were China (16M tons), the United States (11M tons) and India (6.4M tons), together accounting for 38% of global production. Indonesia, Pakistan, Nigeria, Brazil, Japan, Bangladesh, France, Mexico, Germany and Turkey lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Nigeria (with a CAGR of +13.7%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Dog And Cat Food

In 2022, the amount of dog and cat food imported worldwide reached 10M tons, increasing by 3.4% against 2021. Overall, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.4% against 2012 indices. The pace of growth was the most pronounced in 2020 with an increase of 14%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, dog and cat food imports expanded significantly to $22.6B in 2022. Over the period under review, imports posted strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. Over the period under review, global imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports By Country

The purchases of the twelve major importers of dog and cat food, namely Germany, the UK, Belgium, Poland, France, Canada, the United States, Italy, the Netherlands, Spain, Romania and Japan, represented more than half of total import. Austria (220K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +13.1%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($2.1B), the United States ($2B) and the UK ($1.4B) were the countries with the highest levels of imports in 2022, with a combined 24% share of global imports. Canada, Poland, France, Italy, Belgium, the Netherlands, Japan, Spain, Austria and Romania lagged somewhat behind, together comprising a further 35%.

Poland, with a CAGR of +21.8%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average dog and cat food import price stood at $2,259 per ton in 2022, rising by 6.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2018 when the average import price increased by 6.5%. Global import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($5,097 per ton), while Romania ($1,133 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.7%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Dog And Cat Food

In 2022, global exports of dog and cat food stood at 10M tons, approximately equating the year before. Overall, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.0% against 2012 indices. The most prominent rate of growth was recorded in 2020 with an increase of 13%. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, dog and cat food exports expanded rapidly to $22.7B in 2022. In general, exports enjoyed a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports By Country

Germany (1,133K tons), France (1,040K tons), the United States (952K tons), Thailand (818K tons), Poland (810K tons), the Netherlands (674K tons) and Hungary (635K tons) represented roughly 60% of total exports in 2022. The Czech Republic (403K tons), Spain (367K tons), Italy (366K tons), Belgium (287K tons), Canada (269K tons) and China (269K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +15.6%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($2.8B), the United States ($2.5B) and Thailand ($2.4B) constituted the countries with the highest levels of exports in 2022, together comprising 34% of global exports. France, Poland, the Netherlands, China, Hungary, Canada, the Czech Republic, Belgium, Italy and Spain lagged somewhat behind, together accounting for a further 47%.

Among the main exporting countries, Poland, with a CAGR of +22.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average dog and cat food export price amounted to $2,237 per ton, growing by 7.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 8% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($4,623 per ton), while Hungary ($1,262 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform