Vietnam, Singapore, Malaysia, Chile and Peru were some of the fastest growing pet food markets in the nations ringing the Pacific Ocean from 2016 to 2020. Pet ownership growth fueled that economic growth in some Pacific Rim nations, while dog and cat ownership rates stagnated in others.

Pet owners throughout the world are paying higher prices for pet food, in addition to basic needs like housing, leading to more pet surrenders to shelters.

Learn about the growth of minority pet ownership, particularly among cat owners.

Pet food value and volume sales in Europe increased in 2021, as did the number of pet food employees, pet ownership and most pet populations, FEDIAF says.

Learn about the demographic combinations currently driving dog ownership growth in U.S. households.

Dogs remained the most common pets with 13 million animals, followed closely by cats with a population of 12 million. 

The United States pet food industry continues growing atop the pandemic-fueled surge in pet ownership and premiumization, but some industry analysts warned that the good news may hide weaknesses.

Even among younger pet owners, monetary worries influenced pet food purchasing decisions less than during the onset of the pandemic or the omicron surge.

Many of those pet owners may be new to caring for animals, according to insights she shared from APPA’s surveys and reports. Of those in the survey who didn’t own pets currently, 18% had owned a pet in the past, while 12% were classified as non-pet-owners.

Many of those pet owners may be new to caring for animals.