2025 Global Pet Economy White Paper released: The size of the pet market is close to 10 billion
Recently, the International Pet Economic Research Institute released the "2025 Global Pet Economy White Paper", which shows that the global pet market size continues to expand, among which"Spread pet"(such as crawling pets, small mammals, birds and other non-cats and dogs) market has grown rapidly, with a scale of nearly 10 billion. This trend reflects consumers' demand for diversified pets and the rapid upgrading of the pet economy industry chain.
The white paper points out that the scale of the global pet economy is expected to exceed 2025$500 billionAmong them, the proportion of the foreign pet market increased from 8% in 2020 to 15%, becoming one of the fastest growing segments. Here are the key data related to the pet economy in the past 10 days:
| Hot Topics | Discussions (10,000 times) | Year-on-year growth rate |
|---|---|---|
| Guide to keeping pets | 320 | 45% |
| Pet smart devices | 280 | 60% |
| Pet Health Insurance | 150 | 75% |
| Niche pet social | 95 | 120% |
Three major driving forces for the rapid rise of the alien pet market
1.Young consumer groups prefer personalized: Generation Z and millennials tend to raise unique pets, such as geese, honey bags, etc., and the "pet show" culture on social media further promotes demand.
2.Industrial chain maturation: From feed, medical care to smart feeding boxes, the types of products of different pets have increased by 200% year-on-year, and some brands have achieved fully automated production.
3.Policy standardization and improvement: Many countries have issued regulations on the management of foreign pet trade to ensure orderly development of the market. For example, the "Non-Traditional Pet Welfare Standards" implemented by the EU in 2024 drives industry standardization.
| Regional Market | Different pet size (billion yuan) | TOP3 Popular Categories |
|---|---|---|
| Asia Pacific | 42 | Ornamental turtle, parrot, hamster |
| North America | 35 | Lizard, pet rabbit, hedgehog |
| Europe | 18 | Snakes, birds, arthropods |
Future trends: Double upgrade of technology and emotional demand
The white paper predicts that by 2027, the foreign pet market will show the following characteristics:
•Intelligent breeding popularization: The permeability of feeding equipment with environmental monitoring functions will exceed 40%;
•Professionalization of medical services: The number of specialized hospitals for crawling pets and birds is expected to double;
•Commercialization of emotional value: The market size of derivative services such as pet funeral and portrait customization can reach 1.2 billion yuan.
Experts pointed out that the pet economy has shifted from "basic feeding" to "spiritual companionship" stage, and it is recommended that companies focus on it.“Health Management”and"Social Attributes"Two major directions to seize the high ground of emerging markets.
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