In the past 48 hours, the global pet care industry has shown continued strength and ongoing transformation, influenced by supply chain disruptions, evolving consumer expectations, and the rise of personalized and health-focused products.

Recent data indicates the pet accessories market is set for robust expansion, growing from 6.61 billion US dollars in 2024 to over 14 billion by 2035, with a forecasted annual growth rate of more than 7 percent. This growth is fueled by more people treating their pets like family, increasing spend on comfort, personalized goods, and health-oriented products such as activity trackers and orthopedic beds. Customization and e-commerce remain key drivers, as pet owners look for unique tags, custom beds, and interactive tech-enabled accessories. Young couples adopting pets before having children have added new demand, while social media and online influencers amplify awareness and sales of new products and brands.

In pet food, market reports this week confirmed ongoing shifts. The sector is expected to reach 133.4 billion US dollars by 2030, with dry food maintaining the largest market share and fastest growth. Specialized pet shops are holding their ground as the top channel, though online sales are growing quickly. Dog food remains dominant, but treats and premium, health-oriented formulations are gaining ground. Major players are introducing more sustainable and functional ingredients, and launches featuring eco-friendly packaging are up this year compared to last.

Supply chain disruptions persist. Retailers report peak season pressures as tariffs, geopolitical tensions, and logistics challenges force firms to reconsider sourcing, with some moving production closer to core markets. This is raising near-term costs but may strengthen resilience in the long term. The price uptick in pet essentials over the past week has been minimal, though some specialty foods and products containing imported materials have seen price volatility.

Regulatory developments in pet health and CBD continue to shape market offerings. This week, clarity on pet CBD regulations in the EU and US is driving product launches and greater investment, as the global CBD market in pet care is projected to reach 20 to 25 billion US dollars in 2025.

Industry leaders like MSD and major pet food brands are responding by investing in new health solutions, diversifying product portfolios, and emphasizing sustainability and supply chain transparency. In comparison to prior months, the current environment is marked by more intense innovation, continued strong demand, and greater challenges in sourcing. The industry remains resilient and adapts quickly to consumers who are prioritizing health, customization, and convenience in their pet care choices.

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This content was created in partnership and with the help of Artificial Intelligence AI