Market Share Analysis of The Pet Food Industry

Updated as of Sep 10, 2022


Pet Food Market Size

$93B

Total Active Pet Food Stores

154,309

Thanks to ‘pet parents’ around the world, our furry friends have been enjoying an increasingly comfortable life supported by a growing ecosystem of pet stores worldwide.

Pet Food Market Size by Web Sales

500K-1M 0.21%
<1M 70.89%
1M-5M 25.42%
5M-10M 2%
10M-25M 0.95%
25M-50M 0.11%
50M-100M 0.11%
100M-250M 0.21%
1B-5B 0.11%

Pet Food market Size by Web Traffic

<1K 17.3%
1K-10K 50.92%
10K-25K 13.59%
25K-100K 12.36%
100K-500K 4.86%
>500K 0.98%

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Pet Food Market Size By Region

Africa 0.33%
Australasia 0.33%
Asia 1.42%
Latin America 1.23%
APAC 5.73%
Europe 13.27%
North America 77.86%

Pet Food Market Size By Country

United States of America 70.9%
United Kingdom 11.94%
Canada 6.78%
Australia 3.03%
Japan 2.56%
Colombia 1.23%
India 0.95%
Ireland 0.76%
New Zealand 0.33%
Singapore 0.24%
South Africa 0.19%
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Detailed Analysis and Insights On Pet Store Market Share

Pet Food Market Share By Web Sales

An estimated 70.89% of the pet food stores worldwide brought in less than $1 Million in web sales. A quarter of the companies – 25.42% saw web sale revenue in the $1M-$5M range. 2% of pet food stores brought in $5-$10M in web sales. Only 0.11% of the companies accounted for exceeded the billion mark.

Pet Food Market Share By Region

Region wise, the United States clinched the top spot with 70.90% of the market share. Following far behind is the United Kingdom which makes up for the 11.98% of the pet food stores accounted for. Canada, Australia, and Japan filled in the rest of the spots in the top five with 6.78%,3.03% and 2.56% respectively.

North America was found to be the most ‘paw-friendly’ of all regions, topping the list 77.68% of the market share. Europe came in at second place with 13.27% followed by the APAC region with 5.73%.

Pet Food Market Share by Traffic

Only 0.98% of the pet food stores accounted for brought in more than 500,000 visitors per month. 17.30% of pet stores witnessed less than a thousand visitors on a monthly basis. Around half of pet food stores – 50.92% saw visitors in the range of 1000-10,000.

All bark, no bite?

Currently dominated by North America and Europe, the APAC region continues to be a key point of focus for the industry along with Latin America moving forward. Pets have become a part of the lifestyle for not only the affluent but also the ‘middle-class’ of developing nations. With a growing segment of ‘pet-parents’ who are not shy about opening their wallets up for their ‘fur-babies’, the industry is set to enjoy a period of growth for the next few years.

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