In 2023, the pet products market in Australia stood at USD 873 million. Recording a CAGR of 4.9% from 2024 to 2029, the worth is projected to reach ~USD 1,162 million by 2029, according to the latest market data. The pet products industry has witnessed substantial proliferation in recent years, propelled by various socioeconomic and cultural drivers. Chief among these is the increasing tendency toward anthropomorphism wherein domestic animals are perceived as members of the familial unit. This phenomenon has fostered heightened expenditures on accoutrements and provisions targeted towards enhancing the holistic welfare and enrichment of animal companions.
Concurrently, notable demographic shifts have contributed to the industry’s expansion. The prevalence of nuclear family formations coupled with declining birth rates has engendered a propensity among couples and individuals to regard pets as proxies for children, resulting in amplified expenditures on premium pet foods, veterinary services, and ancillary products. Additionally, the augmentation of disposable incomes, especially within urban locales, has rendered pet ownership a more financially feasible prospect for a broader stratum of the population.
This report presents a detailed overview of the Australia pet products industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, pet type, and distribution channel. This detailed analysis supports the identification of growth opportunities within the pet products industry.
Market Segmentation
The pet products market in Australia is structured as follows:
Product type: grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, others
Pet type: cat, dog, others
Distribution channel: supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, others
The Australia pet products market is segmented on the basis of product type, pet type, and distribution channel. By product type, the pet products market in Australia has been segmented into grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, and others. Based upon pet type, the pet products market in Australia is categorized into cat, dog, and others. On the basis of distribution channel, the pet products market in Australia has been segmented into supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, and others.
Competitive Landscape
The Australia pet products market is highly competitive. The key players in the pet products market include Boehringer Ingelheim Auslandsbeteiligungs GmbH, FibreCycle Pty Ltd. (Kent Pet Group Inc.), Nestle S.A., Elanco Animal Health Incorporated, Mars Incorporated, Vetalogica Pty Ltd., Rufus & Coco (Pty) Ltd., EBOS Group Limited, Blackmores Limited, Interpath Pty Ltd., Hudson Marketing Pty Ltd.
This report provides a thorough assessment of the Australia pet products market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Australia pet products market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Australia pet products market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Australia pet products market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewAustralia pet products market – product type analysis
Australia pet products market – pet type analysis
Australia pet products market – distribution channel analysis
Key players and market share
– Boehringer Ingelheim Auslandsbeteiligungs GmbH
– FibreCycle Pty Ltd. (Kent Pet Group, Inc.)
– Nestle S.A.
– Elanco Animal Health Incorporated
– Mars, Incorporated
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Australia pet products market 2019-2029
Chart Australia pet products market, net growth, 2019-2029
Chart Australia pet products market, growth rates, 2019-2029
Table Australia pet products market by product type, 2019-2029
Chart Australia pet products market by product type, CAGR historic and forecast, 2019-2029
Chart Australia pet products market by product type, 2019-2029
Table Australia pet products market by pet type, 2019-2029
Chart Australia pet products market by pet type, CAGR historic and forecast, 2019-2029
Chart Australia pet products market by pet type, 2019-2029
Table Australia pet products market by distribution channel, 2019-2029
Chart Australia pet products market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Australia pet products market by distribution channel, 2019-2029
Table Australia pet products market share (%), by companies, 2019-2023
Chart Australia pet products market, by companies, 2023
Table Australia pet products market share (%), by brands, 2019-2023
Chart Australia pet products market, by brands, 2023
Table Australia – population (millions) and forecast
Table Australia – consumer price index (CPI) and forecast
Table Australia – gross domestic product and forecast
Table Australia pet products market: spend as a proportion of GDP (%)
Table Australia pet products market: consumption per capita (population)