Pet Care Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to pet care market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Pet Care Market News

in Pet Care Market

In May 2025, TelmyVet and PetPace jointly announced the innovative Quality-of-Life Consultation, a virtual care service designed to help pets and their families during the most vulnerable time of life. The Quality-of-Life Consultation provides pet parents with a safe online space to interact with veterinarians, receive guidance, and make educated decisions, thereby reducing the stress that comes with in-clinic visits for pets with chronic illnesses or limited mobility.
In April 2025, Godrej Pet Care, a branch of Godrej Consumer Products, launched the Godrej Ninja pet food line in Tamil Nadu. The business sells dog food that has been scientifically proven to improve gut health and immunity. The business sells dog food that has been scientifically proven to improve gut health and immunity.
In April 2024, HDFC ERGO General Insurance introduced Paws n Claws, a comprehensive insurance plan for pets like dogs and cats. This policy offers pet owners a financial safety net against the expenses of their animals' illnesses, injuries, and surgeries. It covers up to five pets under a single policy.

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Global Pet Care Market size was valued at USD 304.4 Billion in 2023 and is poised to grow from USD 324.5 Billion in 2024 to USD 531.9 Billion by 2032, growing at a CAGR of 6.8% in the forecast period (2025-2032).

Mars Petcare, TelmyVet, PetPace, Nestlé Purina, Godrej Pet Care, Spectrum Brands (United Pet Group), Blue Buffalo (General Mills), The J.M. Smucker Company (Big Heart Pet Brands), Diamond Pet Foods, WellPet LLC, Central Garden & Pet Company, Cargill, Inc., Royal Canin (Mars Inc.)

One of the main factors propelling the pet care market growth is the rising number of pet owners worldwide, especially in urban areas. The demand for high-end diets, grooming products, medical care, and accessories is being driven by the growing perception of pets as members of the family. This humanization trend encourages consumers to spend more on specialized, high-quality products, which propels the market's steady expansion across a range of industries and geographic areas.

The global pet care market is changing as a result of providing a variety of products and services to satisfy pet owners' needs. From high-end diets to specialized pet care services like boarding, grooming, and training, the market is expanding to meet the diverse needs of pet owners.

As per the 2024 pet care market regional forecast, North America continues to dominate the market due to its high rates of pet ownership and high premium spending.

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Pet Care Market Updates

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