Reference
·Primary source
Thailand pet care sector revenue (2020-2024)
~THB 75-80B (2024)
Thailand's pet care sector generated approximately THB 75-80 billion in retail revenue in 2024 per Euromonitor and Kasikorn Research Center estimates, up from roughly THB 45 billion in 2020. The compound annual growth rate of 12-14% materially outpaced overall consumer goods, driven by urbanisation, declining birth rates, and the shift from companion-as-livestock to companion-as-family. Pet food anchors roughly 55-60% of the spend, veterinary services 15-18%, grooming and accessories the remainder. Bangkok metropolitan and Chiang Mai concentrate the premium tail of the demand curve.
Figure in context
Thailand's pet care sector generated approximately THB 75-80 billion in retail revenue in 2024 per Euromonitor and Kasikorn Research Center estimates, up from roughly THB 45 billion in 2020. The compound annual growth rate of 12-14% materially outpaced overall consumer goods, driven by urbanisation, declining birth rates, and the shift from companion-as-livestock to companion-as-family. Pet food anchors roughly 55-60% of the spend, veterinary services 15-18%, grooming and accessories the remainder. Bangkok metropolitan and Chiang Mai concentrate the premium tail of the demand curve.
Interpretation notes
What this tells you
Thailand's pet care sector generated approximately THB 75-80 billion in retail revenue in 2024 per Euromonitor and Kasikorn Research Center estimates, up from roughly THB 45 billion in 2020. The compound annual growth rate of 12-14% materially outpaced overall consumer goods, driven by urbanisation, declining birth rates, and the shift from companion-as-livestock to companion-as-family. Pet food anchors roughly 55-60% of the spend, veterinary services 15-18%, grooming and accessories the remainder. Bangkok metropolitan and Chiang Mai concentrate the premium tail of the demand curve.
What not to do with it
Values in THB billion. Retail sales basis covering pet food, veterinary services, grooming, and accessories.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand companion pet population
Thai Veterinary Medical Association, Kasikorn Research Center, Department of Livestock Development
Thailand pet food brand share (2024)
Nielsen Thailand retail audit, Euromonitor, Perfect Companion / ICC International disclosures
Thailand registered veterinary hospitals and clinics (2020-2024)
Veterinary Council of Thailand, Department of Livestock Development, Thonglor Pet Hospital disclosures
Thailand pet insurance gross written premium (2022-2024)
Office of Insurance Commission, Bangkok Insurance disclosures, Roojai investor materials
Thailand pet humanisation annual spend per pet
Kasikorn Research Center pet owner survey, Euromonitor, Perfect Companion consumer studies
Thailand premium pet food segment CAGR (2020-2024)
Euromonitor International, Kasikorn Research, Royal Canin Thailand investor materials
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.