Pet Food - Taiwan

  • Taiwan
  • Revenue in the Pet Food market amounts to US$0.80bn in 2025. The market is expected to grow annually by 3.84% (CAGR 2025-2029).
  • In global comparison, most revenue is generated in the United States (US$61,830m in 2025).
  • In relation to total population figures, per person revenues of US$33.50 are generated in 2025.
  • In the Pet Food market, volume is expected to amount to 0.41bn kg by 2029. The Pet Food market is expected to show a volume growth of 2.7% in 2026.
  • The average volume per person in the Pet Food market is expected to amount to 15.4kg in 2025.

Key regions: Russia, Spain, Philippines, United Kingdom, India

 
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Analyst Opinion

In Taiwan nan, the Pet Food Market within The Food market is witnessing minimal growth, influenced by factors like limited consumer awareness and traditional pet feeding practices. However, with increasing digitalization and changing consumer preferences, the market is expected to experience steady growth in the coming years.

Customer preferences:
As pet ownership continues to rise in Taiwan, there is a growing trend towards treating pets as family members, leading to an increased demand for high-quality and specialized pet food. This shift in consumer preference is also influenced by the growing awareness of the importance of proper nutrition for pets and the impact it has on their overall health and well-being. Additionally, with the rise of busy lifestyles, there is a demand for convenient and time-saving pet food options, such as subscription-based delivery services and freeze-dried or dehydrated pet food. This trend towards prioritizing pet nutrition and convenience is expected to drive growth in the pet food market in Taiwan.

Trends in the market:
In Taiwan, the Pet Food Market is seeing a shift towards more natural and organic pet food products, driven by the growing awareness of pet owners about the importance of nutrition for their furry companions. This trend is expected to continue as consumers become more health-conscious and seek out high-quality, premium options for their pets. Additionally, there is a rising demand for pet food with functional ingredients that target specific health concerns, such as weight management and digestive health. This presents opportunities for industry players to innovate and differentiate their products to meet these evolving consumer needs. Furthermore, with the increasing popularity of e-commerce in Taiwan, online sales of pet food are also on the rise, providing convenience and accessibility for pet owners while also opening up new distribution channels for manufacturers. As the pet food market in Taiwan continues to evolve, it is crucial for industry stakeholders to stay abreast of these trends and adapt their strategies to stay competitive in this growing market.

Local special circumstances:
In Taiwan, the Pet Food Market is heavily influenced by the country's pet ownership culture and the rise of premium pet food products. The increasing number of households with pets, coupled with a growing awareness of pet health and nutrition, has led to a demand for high-quality and specialized pet food. Additionally, Taiwan's strict regulations on imported pet food have favored local manufacturers, resulting in a highly competitive market with a focus on natural and organic options. This has also led to the emergence of niche pet food products, such as freeze-dried and raw diets, catering to the preferences of Taiwanese pet owners.

Underlying macroeconomic factors:
The Pet Food Market within The Food market in Taiwan is heavily impacted by macroeconomic factors such as consumer spending, disposable income, and government policies. As the Taiwanese economy continues to grow steadily, with a projected GDP growth rate of 2.6% in 2021, consumer spending on pet food is expected to increase. Additionally, the government's focus on improving the quality of pet care and promoting responsible pet ownership is likely to drive the demand for premium and specialized pet food products. Moreover, the aging population and increasing pet ownership in Taiwan also contribute to the growth of the Pet Food Market, as older individuals tend to have higher disposable income and are more willing to spend on their pets.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Overview

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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