Global Pet Obesity Management Market Size, Share & Trends Analysis Report 2024 – 2030: Rising Concerns Over Pet Obesity Driving Market Growth
The global pet obesity management market is on the rise, with a projected value of USD 14.5 billion by 2030. The increasing prevalence of pet obesity, particularly in countries like the U.S. and Canada, is driving this growth. In the U.S. alone, 61% of cats and 59% of dogs were overweight or obese in 2022, according to the Association for Pet Obesity Prevention.
As more households adopt pets for companionship, the number of pets worldwide has seen a significant increase. The Global Animal Health Association estimates that there are about 85 million dogs in the U.S. and approximately half a billion dogs and cats owned by families in the U.S., Europe, and China. This rise in pet ownership has led to a higher demand for pet obesity management products and services.
Market expansion initiatives and new product launches are also contributing to the growth of the pet obesity management market. Companies like Mars Inc. and Drools Pet Food Pvt. Ltd. are investing in expanding their operations and launching innovative initiatives to cater to the growing needs of pet owners.
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 rate, with e-commerce being the largest distribution channel for pet obesity management products.
Overall, the pet obesity management market is expected to continue expanding, driven by the increasing pet population, rising awareness about pet health, and the launch of new products and initiatives by key market players.
