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Philippines Pet Food Market Size, Share, Growth, Trends: By Pet Type: Dogs, Cats, Others; By Form: Dry Food, Wet Food, Snacks and Treats, Others; By Distribution Channel: Supermarkets and Hypermarkets, Speciality Stores, Online Stores, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Philippines Pet Food Market Size
The Philippines pet food market reached around USD 515.64 million in 2023. The market is projected to grow at a CAGR of 9.5% between 2024 and 2032 to reach nearly USD 1167.00 million by 2032.
| Philippines Pet Food Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | 515.64 |
| Market Size 2032 | USD Million | 1,167.0 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 9.5% |
| CAGR 2024-2032 - Market by Type | Cats | 10.2% |
| CAGR 2024-2032 - Market by Distribution Channel | Specialty Stores | 9.8% |
| 2023 Market Share by Distribution Channel | Online Stores | 12.6% |
Philippines Pet Food Market Outlook
- The Philippines was the ninth-largest market for American exports of pet food in 2021.
- Pet ownership rates in the Philippines are the highest among all Asian countries.
- Thailand and the EU are also significant pet food exporters to the Philippines.
Philippines Pet Food Market Growth
In 2021, 67% of the Philippines’ population owned dogs, while 43% of Filipinos owned cats. As per the Philippines Canine Club, Inc., the number of registered litters and puppies grew by over 40% between 2020 and 2021, while recording an average growth rate of 7% in earlier years. Low-price dry dog and wet cat food are popular among Filipino pet owners. As pet food premiumisation gradually emerges in the country, the demand for frozen pet food assortments is expected to rise significantly, thereby leading to the market growth.
There is an increasing shift towards hypoallergenic formulations in pet food products among Filipino pet parents. The trend of pet humanisation has led to an increased demand for pet food products formulated with organic and plant-based ingredients such as probiotics, which promote immune health and improve digestion among animals. The absence of artificial preservatives in pet food has enhanced its appeal among pet owners.
As per the USDA Foreign Agricultural Services Office (based in Manila), the sale of pet food products in the Philippines is expected to grow at a rate of 9% annually in the coming years. The increasing preference for condominiums is expected to drive the adoption of cats in the country, thereby leading to an increase in the sale of cat food.
Philippines Pet Food Industry Segmentation
Philippines Pet Food Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Pet Type
- Dogs
- Cats
- Others
| CAGR 2024-2032 - Market by | Type |
| Cats | 10.2% |
| Dogs | XX% |
| Others | XX% |
Market Breakup by Form
- Dry Food
- Wet Food
- Snacks and Treats
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Speciality Stores
- Online Stores
- Others
| CAGR 2024-2032 - Market by | Distribution Channel |
| Specialty Stores | 9.8% |
| Supermarkets and Hypermarkets | 9.3% |
| Online Stores | XX% |
| Others | XX% |
Philippines Pet Food Market Share
Based on pet type, the market is segmented into dogs, and cats, among others. Over the forecast period, the demand for cat food is expected to grow at a CAGR of 10.2% due to the rising popularity and widespread adoption of cats as pets.
| 2023 Market Share by | Distribution Channel |
| Online Stores | 12.6% |
| Supermarkets and Hypermarkets | XX% |
| Specialty Stores | XX% |
| Others | XX% |
Leading Companies in the Philippines Pet Food Market
Major pet food manufacturing companies are expected to introduce subscription-based pet food delivery services to build brand loyalty among pet owners in the Philippines.
- Alltech Inc.
- Archer-Daniels-Midland Co.
- General Mills Inc.
- Mars Incorporated (Pedigree)
- Nestle S.A. (Purina)
- Colgate - Palmolive Company (Hill's Pet Nutrition, Inc.)
- Schell & Kampeter, Inc. (Diamond)
- Virbac S.A.
- Perfect Companion Group Co. Ltd.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Pet Type |
|
| Breakup by Form |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Philippines Pet Food Market Report Snapshots
Philippines Pet Food Market Size
Philippines Pet Food Market Growth
Philippines Pet Food Market Share
Philippines Pet Food Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Pet Food Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Pet Food Historical Market (2018-2023)
8.3 Asia Pacific Pet Food Market Forecast (2024-2032)
9 Philippines Pet Food Market Overview
9.1 Key Industry Highlights
9.2 Philippines Pet Food Historical Market (2018-2023)
9.3 Philippines Pet Food Market Forecast (2024-2032)
10 Philippines Pet Food Market by Pet Type
10.1 Dogs
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Cats
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Philippines Pet Food Market by Form
11.1 Dry Food
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Wet Food
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Snacks and Treats
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Philippines Pet Food Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Speciality Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online Stores
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Trade Data Analysis (HS Code – 230910)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Alltech Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Archer-Daniels-Midland Co.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 General Mills Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Mars Incorporated (Pedigree)
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Nestle S.A. (Purina)
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Colgate - Palmolive Company (Hill's Pet Nutrition, Inc.)
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Schell & Kampeter, Inc. (Diamond)
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Virbac S.A.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Perfect Companion Group Co. Ltd.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Pet Food Market: Key Industry Highlights, 2018 and 2032
2. Philippines Pet Food Market: Key Industry Highlights, 2018 and 2032
3. Philippines Pet Food Historical Market: Breakup by Pet Type (USD Million), 2018-2023
4. Philippines Pet Food Market Forecast: Breakup by Pet Type (USD Million), 2024-2032
5. Philippines Pet Food Historical Market: Breakup by Form (USD Million), 2018-2023
6. Philippines Pet Food Market Forecast: Breakup by Form (USD Million), 2024-2032
7. Philippines Pet Food Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Philippines Pet Food Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. Philippines Pet Food Market Structure
Key Questions Answered in the Report
The market reached nearly USD 515.64 million in 2023.
The market is projected to grow at a CAGR of 9.5% between 2024 and 2032.
The market is assessed to witness healthy growth in the forecast period to reach around USD 1167.00 million in 2032.
The different pet types in the market are dogs, and cats, among others.
The different forms of pet food in the market are dry food, wet food, and snacks and treats, among others.
The different distribution channels in the market are supermarkets and hypermarkets, speciality stores, and online stores, among others.
The key market players are Alltech Inc., Archer-Daniels-Midland Co., General Mills Inc., Mars Incorporated (Pedigree), Nestle S.A. (Purina), Colgate - Palmolive Company (Hill's Pet Nutrition, Inc.), Schell & Kampeter, Inc. (Diamond), Virbac S.A., and Perfect Companion Group Co. Ltd., among others.
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