7 Pet Industry Trends To Know (2022-2025)

1. Pet Supplements Take Off

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1. Pet Supplements Take Off

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1. Pet Supplements Take Off

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1. Pet Supplements Take Off

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1. Pet Supplements Take Off

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2. New Product Categories Emerge

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2. New Product Categories Emerge

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2. New Product Categories Emerge

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2. New Product Categories Emerge

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2. New Product Categories Emerge

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2. New Product Categories Emerge

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3. High-End Products For Pets Go Mainstream

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3. High-End Products For Pets Go Mainstream

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3. High-End Products For Pets Go Mainstream

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3. High-End Products For Pets Go Mainstream

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3. High-End Products For Pets Go Mainstream

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3. High-End Products For Pets Go Mainstream

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3. High-End Products For Pets Go Mainstream

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4. Increasing Number Of Pet Food Niches

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4. Increasing Number Of Pet Food Niches

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4. Increasing Number Of Pet Food Niches

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4. Increasing Number Of Pet Food Niches

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4. Increasing Number Of Pet Food Niches

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4. Increasing Number Of Pet Food Niches

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5. Pet Owners Increasingly Opt For DTC

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5. Pet Owners Increasingly Opt For DTC

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5. Pet Owners Increasingly Opt For DTC

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6. The Pet Insurance Space Continues To Grow

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6. The Pet Insurance Space Continues To Grow

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7. Pet Owners Prefer Natural Food Brands

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7. Pet Owners Prefer Natural Food Brands

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7. Pet Owners Prefer Natural Food Brands

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Conclusion

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Conclusion

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7 Pet Industry Trends To Know (2022-2025)

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1. Pet Supplements Take Off

The pet supplement industry is set to hit $1 billion by 2027, according to an analysis by Grand View Research. Examples of trending pet supplements include dog vitamins, cat fish oil and dog probiotics.

1. Pet Supplements Take Off

But perhaps the fastest-growing pet supplement category is CBD. In fact, searches for “CBD for dogs” are up 2,500% over the last 10 years.

1. Pet Supplements Take Off

So why the spike? Firstly, there are now a number of CBD products designed specifically for dogs.

1. Pet Supplements Take Off

Many dog owners are (understandably) concerned about giving their furry friends human-grade CBD oil. But companies, like Royal CBD and Gold Bee, have released less potent CBD products engineered for pets.

1. Pet Supplements Take Off

Second, early research out of Baylor College of Medicine shows that CBD oil can help treat canine osteoarthritis, which affects 20% of dogs older than a year old.

2. New Product Categories Emerge

The pet industry has traditionally been made up by handful of product categories: • Food • Toys • Beds • Leashes • Hygiene • Pet grooming But we're starting to see significant amounts of innovation in pet product R&D.

2. New Product Categories Emerge

Specifically, entrepreneurs aren't simply launching variations of existing products. They're creating entirely new pet care product categories.

2. New Product Categories Emerge

For example: pet wipes. Pet wipes are essentially moist towelettes used on pets after going to the bathroom. Although a relatively new category, Amazon already has nearly 300 brands of pet wipes for sale.

2. New Product Categories Emerge

Another relatively new pet product category is pet toothpaste. Oral hygiene products for pets are nothing new. But new products (like cat toothpaste) are coming out for owners that want to ensure that their pet's teeth and gums are in tip top shape.

2. New Product Categories Emerge

Litter-robot is another brand looking to create a new category in the pet industry. Litter-Robot sells a battery-powered, Wi-Fi- connected litterbox that self cleans after every use.

2. New Product Categories Emerge

At $500 per unit, this product also taps into a pet industry trend that we'll talk about next: luxury pet products.

3. High-End Products For Pets Go Mainstream

No matter the product: if it will make their pets happier, there’s a group of owners who will buy it. And that includes relatively expensive luxury products.

3. High-End Products For Pets Go Mainstream

For example, The Bear & The Rat, a startup that makes frozen yogurt for dogs that’s sold in Whole Foods stores nationwide. It competes with Nestlé’s Purina Frosty Paws.

3. High-End Products For Pets Go Mainstream

Pretty Litter is perhaps the best example of a high-end pet product seeing significant growth. Pretty Litter is a brand of kitty litter that changes color based on a cat’s urine pH levels.

3. High-End Products For Pets Go Mainstream

The company, which has branding that largely targets millennials and Gen Z consumers, claims that the product helps cat owners detect illnesses in their cats, like worms, metabolic acidosis or a UTI.

3. High-End Products For Pets Go Mainstream

Pretty Litter is also noteworthy because, unlike basically every other kitty litter on the market, their product isn’t available in pet stores or supermarkets. Instead, they sell their product exclusively via a monthly subscription.

3. High-End Products For Pets Go Mainstream

Cat enclosures are another example of a luxury pet product on the rise. Cat enclosures are fenced-in areas designed to help cats get time outdoors. While reducing the risk of escape or danger.

3. High-End Products For Pets Go Mainstream

Certain cat enclosures can cost upwards of a thousand dollars. Which makes them part of the high-end pet product trend.

4. Increasing Number Of Pet Food Niches

According to Pet Biz Marketer, pet food makes up about 3/4s of all pet industry sales. We're noticing pet food brands gaining market share via niche pet foods.

4. Increasing Number Of Pet Food Niches

And startups aiming to get traction in the space by launching completely new types of pet food. One of the fastest-growing niche pet food categories right now is freeze dried dog food.

4. Increasing Number Of Pet Food Niches

Freeze dried dog food is just like it sounds: it's dog food that's freeze dried to extend its shelf life. And many freeze dried dog food brands (like Bixbi), contain raw food ingredients, like organ meat and veggies.

4. Increasing Number Of Pet Food Niches

These ingredients are difficult to package and ship in pet food form. Hence the rise of freeze dried pet food. PetFoodIndustry.com reports that sales for "non-traditional pet food formats" (like freeze dried) are growing faster than traditional pet food.

4. Increasing Number Of Pet Food Niches

Raw dog food is another growing pet food niche. According to a survey conducted by University of Guelph Ontario Veterinary College, 66% of dog owners and 53% of cat owners feed their pets raw food.

4. Increasing Number Of Pet Food Niches

This trend is reflected in the search trend data. Searches for "raw dog food" have increased by 110% since 2017.

5. Pet Owners Increasingly Opt For DTC

Thanks largely to the pandemic, sales of pet products increased 51% in March 2020 alone. And by the end of the year, the DTC pet market was an estimated $13.5B.

5. Pet Owners Increasingly Opt For DTC

Like ecommerce in general, pet owners turn to online retailers for selection, convenience and price. One of the leaders in the pet DTC space is the pet supply ecommerce brand Chewy.com.

5. Pet Owners Increasingly Opt For DTC

Chewy's reported revenue in 2021 was $7.15B, a 47.44% increase compared to the year before. Amazon is also looking to tap into the pet product DTC trend. In fact, Amazon already sells a reported $3.6B annually in pet food alone .

6. The Pet Insurance Space Continues To Grow

Pet insurance is of the most interesting pet industry trends in 2022. Globally, the pet insurance industry reached $3.33 billion in 2018 and is expected to grow at a compound annual growth rate of 16.3% through 2028.

6. The Pet Insurance Space Continues To Grow

That explains why the AI-powered insurer Lemonade launched its own pet insurance coverage in 2020. Pet-dedicated competitors in the space include Healthy Paws, GoPetPlan, and the non-profit ASPCA.

7. Pet Owners Prefer Natural Food Brands

A survey of 2,181 pet owners discovered that 43.6% prioritize the health of their pet's foods over their own. One brand tapping into this trend is Because Animals.

7. Pet Owners Prefer Natural Food Brands

Because Animals specializes in healthy pet treats. Especially focusing on factors that human owners tend to look for in their own food, like organic ingredients and omega-3 content.

7. Pet Owners Prefer Natural Food Brands

They're also launching a "cultured meat" product in the near future. Other growing natural pet food brands include Open Farm and Lily's Kitchen.

Conclusion

That's it for our list of important trends impacting the pet space. The one thread tying almost all of these trends together is: pet health and wellness.

Conclusion

It's clear that "pet parents" are increasingly concerned about the health of their pets. And that they're willing to spend money to maximize the health of their furry friends. As pet ownership continues to increase, we can expect the industry to grow with it.

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