Wet Pet Food Market

The global wet pet food market is forecasted to reach a valuation of US$ 38.7 billion by 2034, up from US$ 23.6 billion in 2024. The market is poised to grow at a healthy CAGR of 6.5% over the forecast period (2024-2034). The growth is attributed to the increasing adoption of pets globally and the shift in consumer preference towards nutritious and ready-to-serve pet food products. Wet pet food, known for its high moisture content (70-80%), provides essential hydration, supports pet health, and is a preferred choice for pet owners seeking premium food options for their furry companions.