06:22 ETWet Pet Food Market to Reach USD 42.1 Billion by 2035 as Pet Humanization, Premium Nutrition Demand, and Sustainable Packaging Innovations Drive Global Expansion, Says FMI

prnewswire
2026.05.18 10:23
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The global Wet Pet Food Market is projected to grow from USD 25.1 billion in 2025 to USD 42.1 billion by 2035, with a CAGR of 5.3%. Key drivers include rising pet humanization, demand for premium nutrition, and sustainable packaging. Dogs are expected to dominate the market, while e-commerce is rapidly expanding. Challenges include shorter shelf life and rising ingredient costs. Major players include Mars and Nestlé Purina, focusing on premium products and sustainable practices.