The global wet pet food market is expanding rapidly as more pet owners look for high-quality, nutritious food for their animals. In 2024, the market was valued at USD 27.0 billion. It is projected to grow to USD 41.1 billion by 2034, with an average annual growth rate of 4.3% from 2025 to 2034.
Dogs continue to dominate the wet pet food segment. In 2024, dog food accounted for 59.3% of the market. This growth is supported by the increasing number of dog owners and a shift toward healthier pet diets.
Animal-based wet pet food also leads the market, making up 65.7% of sales in 2024. Many pet owners believe that animal-based products offer better nutrition, which has helped drive this trend.
Pet specialty stores are the top choice for buying wet pet food, holding a 38.6% market share in 2024. These stores attract customers with their wide range of products and trusted service.
As pet ownership rises globally, the demand for premium and nutritious pet food is expected to keep growing, pushing the wet pet food market to new heights over the next decade.
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