According to Industry experts, the global pet care market was valued at around $235.4 billion in 2022 and is expected to reach $363.19 billion by 2030, with a compound annual growth rate (CAGR) of 5.57% from 2023 to 2030. Arizton estimates that the pet care market will reach $400.4 billion by 2028, with a CAGR of 5.22%. Bloomberg Intelligence (BI) reports that the pet industry is expected to grow from $320 billion in 2023 to almost $500 billion by 2030.