We are pleased to present our latest publication: Pet Food – Market Overview and M&A Activity. The report provides an overview of the global pet food market, examining its key characteristics, value chain, growth drivers and emerging trends, as well as current M&A activity and valuation developments. Our analysis draws on market data and industry insights to provide a comprehensive perspective on the sector and its strategic opportunities.

The global pet food market has experienced significant growth in recent years, supported by the increasing number of pet owners, rising disposable incomes and growing awareness of pet health and well-being. The ongoing humanisation of pets is further driving demand for premium products, specialised nutrition and innovative food solutions. In addition, the essential nature of pet food consumption supports resilient underlying demand across regions and market segments.

The market is expected to grow at a compound annual growth rate (CAGR) of 5.6% between 2024 and 2031, increasing in value from EUR 149.7 billion to EUR 219.2 billion. These long-term growth drivers continue to underpin the sector’s attractiveness and create opportunities for both strategic buyers and financial investors.

Our report examines the key developments shaping the industry, with a particular focus on market dynamics, the structure of the value chain, consolidation trends, M&A activity and valuation levels.

BLOK Management’s Consumer Team looks forward to exchanging ideas with market participants and discussing the implications of these developments. Should you have any questions, require further information or wish to explore strategic options for your business, we would be pleased to act as a sparring partner in an initial, informal and non-binding discussion.