# Nordic Pet Care Market

> Nordic pet care market: USD 5.50 billion in 2025, growing 4.80% a year to 2035 as vet prices outpace inflation in Sweden, Norway and Denmark.

Publisher: Douglas Insights  
Author: Douglas Insights Research Desk  
Report code: DI-FB-10458  
Published: 2026-10-04  
Last updated: 2026-10-04  
Next review: Apr 2027  
Page: https://www.douglasinsights.com/nordic-pet-care-market/

## Key figures

| Measure | Value | How it is built |
| --- | --- | --- |
| Market size · 2025 | $5.50 Bn | 7.42 million dogs and cats x USD 741.0 = USD 5.50 billion |
| Forecast · 2035 | $8.78 Bn | USD 8.78 billion in the base case |
| Revenue CAGR · 2026–2035 | 4.80% | Volume and spend legs compound multiplicatively |
| Volume · 2035 | 7.89 million dogs and cats | 7.42 million growing 0.62% a year |
| Leading segment | Pet food and treats, 41.7% | USD 2.29 billion in 2025 |
| Fastest segment | Veterinary services, 6.38% | Clinic prices rising faster than consumer prices |
| Fastest region | Norway, 5.63% | Highest spend per animal at USD 922 |
| Market leader | Musti Group, 9.7% | Douglas Insights estimate anchored on Musti net sales of EUR 508.9 million |
| Event | KFST: Danish vet prices up 49.7% since January 2020, 11 June 2026 | Danish Competition and Consumer Authority analysis |

## Key takeaways

- Nordic pet care is worth USD 5.50 billion in 2025, from 7.42 million dogs and cats at USD 741.0 each.
- Revenue compounds at 4.80% to USD 8.78 billion in 2035, on 0.62% volume and 4.15% spend per animal.
- Veterinary services grow 6.38% a year and pass food and treats by 2035, at USD 3.45 billion against USD 3.30 billion.
- Norway grows fastest at 5.63% a year, with owners already spending USD 922 per animal.
- Danish vet prices rose 49.7% from January 2020, against 23% for consumer prices, according to KFST.

A Danish owner deciding whether to book a routine vet check now faces prices 49.7% higher than in January 2020, against 23% for consumer prices overall, according to the [Danish Competition and Consumer Authority (KFST) analysis of 11 June 2026](https://kfst.dk/media/w34cmgs5/20260611-stigende-priser-og-oeget-konsolidering-i-dyrlaegebranchen.pdf), and Douglas Insights puts the average yearly care bill at USD 741.0 per Nordic dog or cat. The Nordic pet care market covers what owners in Sweden, Norway, Denmark, Finland and Iceland spend on their dogs and cats: food and treats, veterinary services, supplies, health and hygiene products, and grooming and boarding. Our model counts 7.42 million dogs and cats, so 7.42 million x USD 741.0 = USD 5.50 billion in 2025. A 0.62% volume leg and a 4.15% spend-per-animal leg compound to 4.80% a year and USD 8.78 billion in 2035. For adjacent coverage, see our [pet food and care research](https://www.douglasinsights.com/industry/food-beverages/pet-food-care/); every estimate follows the [Douglas Insights research methodology](https://www.douglasinsights.com/research-methodology/).

## Which dogs, cats, kibble bags and vet visits count inside Nordic pet care?

Nordic pet care counts USD 5.50 billion of 2025 owner spending on 7.42 million dogs and cats across five countries, from kibble and litter to vaccinations and surgery. Insurance premiums, horses, livestock, rabbits, birds and aquarium fish sit outside the count, so every dollar in the model ties back to a named dog or cat.

The animal base comes from the country tables of the European Pet Food Industry Federation (FEDIAF) Facts and Figures 2026. Sweden holds 1,155,000 dogs and 1,723,000 cats, Finland 798,000 and 1,003,000, Norway 553,000 and 787,000, Denmark 618,000 and 670,000, and Iceland 28,000 and 40,000. Cats outnumber dogs by 4.22 million to 3.15 million. Dogs still carry 57.6% of Nordic pet care spend in our model, because a dog costs its owner 1.82 times as much as a cat each year.

Food buyers who want the global view can read the [Pet Food Market](https://www.douglasinsights.com/pet-food-market/) report, and supplement buyers the [Pet Nutritional Supplement Market](https://www.douglasinsights.com/pet-nutritional-supplement-market/) report. Clinic suppliers can read the [Veterinary Pharmaceuticals Market](https://www.douglasinsights.com/veterinary-pharmaceuticals-market/) study.

## Why are Nordic owners spending more on each microchipped dog and cat?

Nordic pet care revenue grows 4.80% a year because spend per animal rises 4.15% while the dog and cat count adds 0.62%. Douglas Insights splits that volume leg into dog adoption (0.29 points), household growth in Norway and Denmark (0.18) and registration-led retention (0.15); veterinary pricing drives most of the spend leg.

Dog adoption contributes 0.29 points. Agria and the Swedish Kennel Club surveyed 10,284 owners and found 951,000 dogs in Swedish households, up 2.7% since their previous survey, with dogs in 15% of homes and a dog or cat in 31%. Douglas Insights holds dog adoption at 0.29 points a year to 2035, below the 2.7% survey jump, because part of that jump reflects owners who already had a cat. On a Nordic base of 3.15 million dogs, 0.29 points is roughly 9,100 extra dogs a year, each costing USD 998.2 to keep in 2025.

Household growth adds 0.18 points. Musti Group's operating-environment analysis projected Nordic households rising 0.9% a year, from 9.8 million to 10.2 million, with pets rising 0.7%. Norway shows the strongest pull: Musti reported 17.6% Norwegian growth in the fourth quarter of its latest financial year, against 7.1% in Sweden and 3.2% in Finland ([Musti Group financial statements release, 10 February 2026](https://www.mustigroup.com/releases/musti-group-plc-financial-statements-release-1-january-2025-31-december-2025/)).

Registration-led retention adds 0.15 points. Sweden made cat registration compulsory from 1 January 2023, and the Swedish Board of Agriculture recorded 116,723 newly registered cats in 2024, taking the register to 527,561 cats and 345,962 owners ([Jordbruksverket, 13 January 2025](https://www.mynewsdesk.com/se/jordbruksverket/pressreleases/116-723-katter-registrerades-2024-luna-i-topp-bland-nykomlingarna-3363492)). Finland requires every dog born after 1 January 2023 to be microchipped and registered within 3 months, and older dogs had to be entered by 31 December 2023 ([Finnish Food Authority dog registry](https://ruokavirasto.fi/en/animals/animal-keeping-identification-and-registration/animal-identification/dogs-cats-and-ferrets/dog-registry)). A registered, chipped animal is easier to return when lost and harder to abandon, which lengthens the years each animal spends in the paid care base. Douglas Insights counts the three volume drivers at 0.29, 0.18 and 0.15 points, which add to the 0.62% leg, or about 46,000 more animals in the first year.

The spend leg is where the money moves. Veterinary pricing supplies 2.31 of the 4.15 points: the Swedish Competition Authority found regular vet prices up around 40% and emergency prices up to 50% between 2020 and May 2025 ([Konkurrensverket report 2026:1](https://www.konkurrensverket.se/globalassets/dokument/informationsmaterial/rapporter-och-broschyrer/rapportserie/rapport_2026-1_summary.pdf)), and the KFST 11 June 2026 analysis put Danish vet price growth at 49.7%. Premium and own-brand food adds 1.12 points, and insurance-funded treatment adds 0.72 points. Douglas Insights expects veterinary services to pass food as the largest Nordic pet care category by 2035, at USD 3.45 billion against USD 3.30 billion.

## Which headwinds slow Nordic pet care, from vet price backlash to a shrinking cat count?

Three headwinds remove 1.11 points from Nordic pet care growth. A falling Swedish cat count takes 0.34 points off volume, vet price scrutiny takes 0.46 off spend per animal and cheaper pet goods take 0.31. Without them, revenue would compound at 5.93% a year rather than 4.80%.

The cat count costs 0.34 points. The same Agria and Swedish Kennel Club survey counted 1,582,000 cats in Swedish households, down 3.5% since the previous round, even though cats remain in 20% of homes against 15% for dogs. Cats are the cheaper animal at USD 549.0 a year in our model, so a smaller cat base trims volume more than value. Nordic pet care loses most of this point in Sweden, which holds 1.72 million of the region's 4.22 million cats.

Price scrutiny removes 0.46 points. The KFST found that three vet chains employed 9% of Danish veterinary staff in 2020 and 29% in 2023, and that VetGruppen, owned by the Axcel fund, grew from 2 to 54 clinics after 2021 ([KFST, 11 June 2026](https://kfst.dk/media/w34cmgs5/20260611-stigende-priser-og-oeget-konsolidering-i-dyrlaegebranchen.pdf)). Konkurrensverket proposed measures to make Swedish vet prices visible before treatment. Visible prices deter elective procedures, so Douglas Insights trims veterinary services growth from 7.05% to 6.38% a year to 2035.

Cheaper pet goods remove 0.31 points. Douglas Insights calculates from the Eurostat harmonised index of consumer prices (HICP) that Finnish prices for pets and pet products averaged 2.85% lower in 2025 than in 2024. Musti, the largest specialist chain, grew net sales 14.4% to EUR 508.9 million in its latest year while like-for-like sales rose only 3.3% ([Musti Group](https://www.mustigroup.com/releases/musti-group-plc-financial-statements-release-1-january-2025-31-december-2025/)), so growth came from new stores, not shelf prices.

## Which pet care category makes the money: kibble, vet visits or flea and tick products?

Pet food and treats make the most money in Nordic pet care, with 41.7% of 2025 revenue or USD 2.29 billion, because every dog and cat eats every day. Veterinary services follow at 33.8% and grow fastest, at 6.38% a year, as clinic prices outpace general inflation.

| Category | Share 2025 | Value 2025 | Growth 2026-2035 | Value 2035 |
| --- | --- | --- | --- | --- |
| Pet food and treats | 41.7% | USD 2.29 billion | 3.71% | USD 3.30 billion |
| Veterinary services | 33.8% | USD 1.86 billion | 6.38% | USD 3.45 billion |
| Supplies and accessories | 13.6% | USD 747.8 million | 2.93% | USD 998.1 million |
| Grooming and boarding services | 5.5% | USD 302.4 million | 4.64% | USD 475.9 million |
| Health and hygiene products | 5.4% | USD 296.9 million | 5.86% | USD 524.7 million |

Pet food and treats grow 3.71% a year to USD 3.30 billion, a share built on daily purchases of dry kibble, wet pouches and dental chews; own-brand premium recipes lift value while kilograms barely move. Veterinary services hold USD 1.86 billion and climb to USD 3.45 billion, the fastest rate at 6.38%, because consolidated clinic chains reprice consultations, imaging and surgery and insurance absorbs much of the bill. Supplies and accessories earn USD 747.8 million, the slowest category at 2.93%, since leads, beds, litter trays and scratching posts are bought once and replaced rarely. Grooming and boarding services take USD 302.4 million and grow 4.64% as dual-income owners pay for dog daycare and in-store spas. Health and hygiene products, from flea and tick treatments to joint supplements and shampoos, hold USD 296.9 million and rise 5.86% a year to USD 524.7 million.

Split by animal, Dogs account for USD 3.17 billion of Nordic pet care revenue and Cats for USD 2.33 billion in our model.

## Where does Nordic pet care revenue concentrate, from Swedish cat homes to Norwegian dog owners?

Sweden leads Nordic pet care with USD 1.92 billion in 2025, 34.9% of the total, because it holds 2.88 million of the region's 7.42 million dogs and cats. Norway grows fastest at 5.63% a year, as Norwegian owners already spend USD 922 per animal, the highest level in the region.

Sweden rises from USD 1.92 billion to USD 3.01 billion by 2035, growing 4.61% a year on high insurance cover and clinic price increases. Finland records USD 1.29 billion and reaches USD 1.88 billion at 3.86%, the slowest of the large markets, because falling pet product prices offset steady dog registration. Norway holds USD 1.24 billion and climbs to USD 2.15 billion, the fastest rate at 5.63%, as per-animal spend there runs 39% above the Swedish USD 663. Denmark accounts for USD 989.7 million and reaches USD 1.67 billion at 5.34%, carried by vet prices that rose 49.7% in six years. Iceland is the smallest Nordic pet care market at USD 60.4 million, rising 2.71% a year to USD 78.9 million, with only 68,000 dogs and cats.

Denmark is the wildcard. If the KFST findings lead to price disclosure rules or a market investigation, the Danish veterinary price leg would fall faster than our base case assumes.

## Which companies lead Nordic pet care, from Musti stores to AniCura and Evidensia clinics?

Musti Group leads Nordic pet care with about 9.7% of 2025 revenue, roughly USD 531 million, ahead of IVC Evidensia at 7.9% and AniCura at 6.2%. The top three hold 23.8%; independent vets, grocers and online sellers split the remaining 76.2%, which keeps the market fragmented outside retail.

Douglas Insights estimates those shares from disclosed company figures. Musti reported EUR 508.9 million of net sales and 497 stores for its latest year, with 22.9% of sales online ([Musti Group, 10 February 2026](https://www.mustigroup.com/releases/musti-group-plc-financial-statements-release-1-january-2025-31-december-2025/)); after removing Baltic sales, we put its Nordic revenue near EUR 470 million, or USD 531 million at an assumed EUR/USD rate of 1.13. The vet chains carry the next two places, and their growth sits behind the price rises the KFST documented on 11 June 2026.

| Company | Nordic pet care role | Position built on | Douglas Insights share estimate, 2025 |
| --- | --- | --- | --- |
| Musti Group | Pet specialist stores and online retail | Musti ja Mirri, Arken Zoo and Musti Norge chains, 497 stores | 9.7% |
| IVC Evidensia | Veterinary clinics | Started as the Nordic leader with about 90 clinics in four countries | 7.9% |
| AniCura (Mars Petcare) | Veterinary clinics and animal hospitals | Grew to 200 clinics and SEK 3.3 billion of pro forma sales before Mars bought it | 6.2% |
| VetGruppen (Axcel) | Veterinary clinics, Denmark | Roll-up from 2 to 54 clinics | 1.4% |
| Partner in Pet Food Nordics (Bozita) | Dog and cat food production | Largest cat and dog food producer in Sweden, factory in Vårgårda | 1.3% |
| Agria | Pet insurance (outside the revenue count) | Insurer to Swedish dog and cat owners, outside the revenue count | n/a |

IVC Evidensia, backed by EQT, was described by EQT as the Nordic leader in veterinary services with about 90 clinics and hospitals across Sweden, Norway, Denmark and Finland, about 1,500 staff and roughly SEK 1.4 billion of sales when its fund bought the business. AniCura was founded in Greater Stockholm and grew to 200 clinics, 4,000 staff and about SEK 3.3 billion of pro forma sales before Nordic Capital sold it to Mars Petcare. VetGruppen's climb from 2 to 54 Danish clinics is the clearest sign of private equity roll-up ([KFST](https://kfst.dk/media/w34cmgs5/20260611-stigende-priser-og-oeget-konsolidering-i-dyrlaegebranchen.pdf)). Partner in Pet Food Nordics owns Bozita, which calls itself the largest producer of cat and dog food in Sweden.

## How much does a year of kibble, vaccines and vet visits cost per Nordic dog or cat?

Nordic pet care costs owners an average USD 741.0 per dog or cat in 2025, rising 4.15% a year to USD 1,112.8 by 2035. Douglas Insights prices a dog at USD 998.2 a year and a cat at USD 549.0, because dogs eat more food and visit the vet more often.

By category, the average animal costs USD 309.0 in food and treats, USD 250.5 in veterinary services, USD 100.8 in supplies, USD 40.8 in grooming and boarding and USD 40.0 in health and hygiene products. Country bands run from USD 663 per animal in Sweden and USD 710 in Finland to USD 764 in Denmark, USD 883 in Iceland and USD 922 in Norway. Small fixed fees sit at the bottom of the bill: registering a cat in the Swedish register costs SEK 40 through the e-service or SEK 100 on paper.

Insurance sets the ceiling owners notice most. Premiums track clinic prices, so a 40% vet price rise hits owners twice, and when premiums outrun wages owners drop cover. The 2026 average spend in our model is USD 771.75 per animal.

## Does Swedish pet insurance from Agria fund the climb in veterinary treatment?

Swedish pet insurance funds a large part of Nordic pet care's veterinary bill: about 90% of Swedish dogs and 65% of cats carry veterinary cover, according to Agria and the Swedish Kennel Club. Douglas Insights credits insurance-funded treatment with 0.72 of the 4.15-point spend-per-animal leg.

Cat cover has risen 9 percentage points over several survey rounds, while dog cover is stable at historically high levels; 63% of insured dogs and about 25% of insured cats also carry life cover. When premiums outrun wages, owners drop cover, which our slower scenario assumes.

## Is online pet supply retail taking share from Nordic grocery shelves and Musti stores?

Online retail holds 17.8% of Nordic pet care product sales in 2025 by our estimate. Its share is no longer rising at the market leader: Musti's online share fell to 22.9% from 24.6% as the chain added stores. Pet specialist stores take 38.6% of product sales and grocery retail 39.1%.

Product sales, meaning food, supplies and health products, total USD 3.34 billion in our model. Grocery retail leads on volume food and litter, pet specialist stores on premium food, own brands and services, and veterinary clinics sell 4.5% of products, mostly prescription diets and parasite treatments. Douglas Insights expects online retail to reach 21.4% of Nordic pet care product sales by 2035, driven by subscription deliveries of heavy food bags.

## Which microchip registration rules and EU welfare standards must Nordic pet care businesses comply with?

Nordic pet care businesses must comply with national microchip registers in Sweden and Finland now and with Regulation (EU) 2026/1818 from 31 August 2028. The European Union (EU) rule requires dogs and cats to be chipped and registered before sale or donation.

Regulation (EU) 2026/1818 sets common minimum requirements for the welfare and traceability of dogs and cats and applies mainly from 31 August 2028, with some provisions later ([European Commission](https://food.ec.europa.eu/animals/animal-welfare/protecting-welfare-dogs-and-cats_en)). The provisional deal between Parliament and Council in 2025 also bans painful mutilations such as ear cropping and tail docking except on medical grounds, and limits inbreeding.

National rules already go further. Sweden's cat register has applied since 1 January 2023 ([Jordbruksverket](https://www.mynewsdesk.com/se/jordbruksverket/pressreleases/116-723-katter-registrerades-2024-luna-i-topp-bland-nykomlingarna-3363492)), and Finland's dog register requires chipping within 3 months of birth or 4 weeks of arrival ([Finnish Food Authority](https://ruokavirasto.fi/en/animals/animal-keeping-identification-and-registration/animal-identification/dogs-cats-and-ferrets/dog-registry)). Every registration event creates a vet visit, and Douglas Insights counts that link inside the 0.15-point retention driver.

## What if vet price caps or the 2028 EU microchip rule reshape Nordic pet care by 2035?

Our base case puts Nordic pet care at USD 8.78 billion in 2035, on 0.62% volume and 4.15% spend per animal. Price caps on clinics would pull the figure down to USD 7.43 billion, while faster adoption and insurance uptake would lift it to USD 10.3 billion.

The slower case uses 0.15% volume and 2.90% spend growth, the outcome if Sweden and Denmark move from price transparency to price controls and insured owners trade down. The faster case uses 1.05% volume and 5.40% spend, the outcome if EU traceability rules from 31 August 2028 push more unregistered animals into the paid care base and premium food keeps gaining. Adding a full point to dog and cat count growth, with spend unchanged, lifts our 2035 Nordic pet care value to USD 9.70 billion, USD 913.0 million above the base. Base-case volume reaches 7.89 million dogs and cats in 2035, at USD 1,112.8 each.

Our 4.80% falls below the published forecasts we found, which run from about 5.3% to 13.3% a year for narrower retail definitions; we exclude insurance premiums and hold product prices close to flat. The key trigger is regulatory. The [KFST report of 11 June 2026](https://kfst.dk/media/w34cmgs5/20260611-stigende-priser-og-oeget-konsolidering-i-dyrlaegebranchen.pdf) found Danish vet prices up 49.7% since January 2020, and any Danish or Swedish follow-up would move the veterinary leg first.

## Douglas Exclusive: the Nordic Pet Care Country-by-Category Matrix

The Nordic Pet Care Country-by-Category Matrix is a Douglas Insights model built from 21 sources and data points. Those are 10 FEDIAF dog and cat counts, 5 Musti market figures, 3 vet price indices, 1 Finnish price index and 2 Agria insurance rates. It splits the USD 5.50 billion market into 25 cells, five countries by five care categories.

| Country, USD million 2025 | Food and treats | Veterinary services | Supplies | Grooming and boarding | Health and hygiene | Total |
| --- | --- | --- | --- | --- | --- | --- |
| Sweden | 803.7 | 637.1 | 263.9 | 110.3 | 103.9 | 1,918.9 |
| Finland | 577.3 | 379.9 | 187.8 | 71.2 | 70.4 | 1,286.6 |
| Norway | 485.1 | 465.5 | 159.3 | 66.8 | 66.0 | 1,242.6 |
| Denmark | 398.8 | 358.5 | 128.2 | 51.1 | 53.2 | 989.7 |
| Iceland | 28.0 | 17.5 | 8.5 | 3.1 | 3.4 | 60.4 |

Rows and columns match our country and category totals within 0.2 of rounding. We seeded each cell with the regional category mix, tilted it by national vet price evidence and insurance cover, then balanced rows and columns by iterative proportional fitting.

The finding: veterinary services take 37.5% of Norwegian pet care spend and 36.2% of Danish spend, against 29.5% in Finland and 28.9% in Iceland. In Norway the vet cell, USD 465.5 million, already sits within USD 19.6 million of the food cell. Those two markets also post the fastest country growth, so the clinic price question decides the Nordic pet care outlook more than kibble does.

## What methodology turns 7.42 million Nordic dogs and cats into USD 5.50 billion?

The Nordic pet care methodology multiplies 7.42 million dogs and cats by USD 741.0 of annual spend to reach USD 5.50 billion, then cross-checks against Musti's market sizing. The model covers 5 countries, 2 animal types, 5 categories and 4 channels, and uses 21 sourced inputs.

Units: FEDIAF counts of 3,152,000 dogs and 4,223,000 cats, a total of 7.375 million, grown 0.62% to 7.42 million. Price: USD 998.2 per dog times 42.7% plus USD 549.0 per cat times 57.3% gives USD 741.0. Receipt: 7.42 million x USD 741.0 = USD 5.50 billion. Cross-check one: Musti sized Finland, Sweden and Norway at EUR 2.8 billion with 4.6% historical growth; seven years at that rate gives EUR 3.83 billion, or USD 4.33 billion at 1.13, against our three-country USD 4.45 billion, a 2.7% gap explained by our wider veterinary scope. Cross-check two: Musti's estimated USD 531 million Nordic revenue equals 9.7% of our total. Douglas Insights puts the 2026 market at USD 5.76 billion, on 7.47 million animals.

## Market by segment

| Segment | Share | Value |
| --- | --- | --- |
| Pet food and treats | 41.7% | $2.29 Bn |
| Veterinary services | 33.8% | $1.86 Bn |
| Supplies and accessories | 13.6% | $747.8 Mn |
| Grooming and boarding services | 5.5% | $302.4 Mn |
| Health and hygiene products | 5.4% | $296.9 Mn |

## Market by region (USD million)

| Region | 2025 | 2026 | 2035 | CAGR 2026-2035 |
| --- | --- | --- | --- | --- |
| Global | 5,498.2 | 5,762.1 | 8,783.3 | 4.8% |
| Sweden | 1,918.9 | 2,007.4 | 3,011.5 | 4.61% |
| Finland | 1,286.6 | 1,336.3 | 1,879 | 3.86% |
| Norway | 1,242.6 | 1,312.6 | 2,148.8 | 5.63% |
| Denmark | 989.7 | 1,042.5 | 1,665.1 | 5.34% |
| Iceland | 60.4 | 62 | 78.9 | 2.71% |

## Dataset

| Series | Value | Unit |
| --- | --- | --- |
| Market size 2025 | 5,498.2 | USD million |
| Market size 2035 | 8,783.3 | USD million |
| Revenue CAGR 2026-2035 | 4.8 | percent |
| Volume CAGR 2026-2035 | 0.62 | percent |
| Price per dog or cat CAGR 2026-2035 | 4.15 | percent |

## Frequently asked questions

### How much more do Danish owners pay for vet care than in 2020?

49.7% more since January 2020, against 23% for consumer prices overall, according to the Danish Competition and Consumer Authority. Douglas Insights builds that into 6.38% yearly growth for Nordic veterinary services.

### What is Nordic pet care worth now and in 2035?

USD 5.50 billion in 2025, from 7.42 million dogs and cats at USD 741.0 each, rising to USD 8.78 billion in 2035 at 4.80% a year.

### Which company holds the biggest slice of Nordic pet care?

9.7% of 2025 revenue goes to Musti Group by Douglas Insights estimate, about USD 531 million. IVC Evidensia follows at 7.9% and AniCura at 6.2%, so the top three hold 23.8%.

### Will vet bills overtake food spending on Nordic pets?

USD 3.45 billion of veterinary services against USD 3.30 billion of food and treats in 2035 in our base case, as clinic revenue grows 6.38% a year and food 3.71%.

### Which Nordic country spends the most per dog or cat?

USD 922 per animal in Norway in 2025, against USD 663 in Sweden. Norway also grows fastest, at 5.63% a year to USD 2.15 billion by 2035.

### How many Swedish dogs and cats carry insurance?

90% of Swedish dogs and 65% of cats carry veterinary cover, by the latest Agria and Swedish Kennel Club survey. Douglas Insights credits insurance-funded treatment with 0.72 points of spend growth.

### When do the EU microchip rules for dogs and cats apply?

31 August 2028 is the main application date of Regulation (EU) 2026/1818, which requires dogs and cats to be chipped and registered before sale or donation.

### What does a dog cost its Nordic owner each year compared with a cat?

USD 998.2 a year for a dog and USD 549.0 for a cat in 2025, by Douglas Insights estimate, averaging USD 741.0 across 7.42 million dogs and cats.

## Sources

- [Konkurrence- og Forbrugerstyrelsen (KFST), Stigende priser og øget konsolidering i dyrlægebranchen](https://kfst.dk/media/w34cmgs5/20260611-stigende-priser-og-oeget-konsolidering-i-dyrlaegebranchen.pdf)
- [Konkurrensverket, Rapport 2026:1, measures to improve price transparency in veterinary care (summary)](https://www.konkurrensverket.se/globalassets/dokument/informationsmaterial/rapporter-och-broschyrer/rapportserie/rapport_2026-1_summary.pdf)
- [Musti Group plc, Financial statements release 1 January 2025 to 31 December 2025](https://www.mustigroup.com/releases/musti-group-plc-financial-statements-release-1-january-2025-31-december-2025/)
- [Finnish Food Authority (Ruokavirasto), Dog registry](https://ruokavirasto.fi/en/animals/animal-keeping-identification-and-registration/animal-identification/dogs-cats-and-ferrets/dog-registry)
- [European Commission, Protecting the welfare of dogs and cats](https://food.ec.europa.eu/animals/animal-welfare/protecting-welfare-dogs-and-cats_en)
- [Jordbruksverket, 116 723 katter registrerades 2024](https://www.mynewsdesk.com/se/jordbruksverket/pressreleases/116-723-katter-registrerades-2024-luna-i-topp-bland-nykomlingarna-3363492)
- [FEDIAF, FEDIAF Facts and Figures 2026](https://www.zzf.de/fileadmin/ZZF/Dokumente/Heimtiermarkt/FEDIAF_Facts_Figures_2026.pdf)

## How to cite

Douglas Insights, "Nordic Pet Care Market", DI-FB-10458, updated 2026-10-04, https://www.douglasinsights.com/nordic-pet-care-market/