Philippines: Pet Food Market Brief

With one of the highest dog and cat ownership rates in Asia, the Philippines presents a growing opportunity for U.S. pet food. As pets became more popular household companions, especially during the pandemic, pet ownership and pet food sales have grown immensely over the past five years. Dog and cat food exports from the United States reached record-high sales of 51 million dollars in 2021. Total pet food sales in 2021 were 434 million dollars and are estimated to grow by 9 percent in 2023. Product prospects include dry and wet pet food as well treats and mixers.