Global Pet Obesity Management Market Report Highlights

The global pet obesity management market is on the rise, with a projected value of USD 14.5 billion by 2030. The market is expected to grow at a CAGR of 5.94% during the forecast period, driven by the increasing prevalence of pet obesity worldwide. In the U.S. alone, over 60% of cats and dogs were reported to be overweight or obese in 2022, according to the Association for Pet Obesity Prevention.

The growing number of households adopting pets for companionship has led to a significant increase in the pet population in recent years. For example, there are approximately 85 million dogs in the U.S., and globally, families own around half a billion dogs and cats. As pet ownership rates continue to rise, the demand for pet obesity management products is also increasing.

Key players in the market are taking strategic initiatives to capitalize on this growing demand. For example, Pinnacle Pet Group acquired Crum & Forster Pet Insurance Group’s operations in the UK, while Nestle India acquired Purina Petcare’s dog and cat food business. These acquisitions are expected to drive the penetration of pet obesity management products in the market.

Additionally, market expansion initiatives and new product launches are fueling the growth of the pet obesity management market. Mars Inc. recently invested in the expansion of its pet food plant in Telangana, India, while Drools Pet Food Pvt. Ltd. launched initiatives to revolutionize pet health services and veterinary practices in the country.

The therapeutic food segment currently dominates the market, accounting for over 89.49% of the market share in 2023. The dogs segment is expected to grow at the fastest CAGR over the forecast period. E-commerce is the largest distribution channel for pet obesity management products, holding a market share of 45.83% in 2023.

North America leads the global pet obesity management market, driven by factors such as the high prevalence of obesity in pets, public-private partnerships, and increasing awareness among pet owners about the importance of animal care. With a compound annual growth rate of 5.9%, the pet obesity management market is poised for significant growth in the coming years.

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