M&A Pet Care Report | Q3 2026
Pet food growth continues as M&A activity slows
The global pet food market remains on a growth trajectory, while M&A activity across the pet care sector has slowed considerably in 2026. Following a strong start to the year, the number of recorded global transactions declined from 54 in Q1 to 24 in Q3. Meanwhile, the global pet food market is projected to reach approximately EUR 184 billion by 2030.
In our latest Oaklins M&A Pet Care Report Q3 2026, our industry specialists analyze developments across pet consumables, veterinary pharmaceuticaland veterinary services. A particular focus is on the European veterinary services market, including the opportunities and challenges associated with further consolidation.
The report also examines current valuation trends, cross-border M&A activity and selected transactions, including Nuzoa's acquisition of Agrofauna, advised by Oaklins.
The report provides investors, strategic buyers and business owners with insights into the latest market developments and M&A trends shaping the international pet care industry.
Your Pet Care Experts at Oaklins Germany
Christian Moritz
Frankfurt, Germany
Associate Director
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Associate Director
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Sam-Louis Klein
Frankfurt, Germany
Associate
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Associate
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