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Pet Care Global Strategic Business Report 2024: Driven by Rising Prevalence of Zoonotic and Foodborne Diseases, Spending on Pet Care Rises – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Pet Care – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.


The global market for Pet Care estimated at US$203.1 Billion in the year 2023, is projected to reach a revised size of US$305.1 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2023-2030.

Pet Food, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$134.7 Billion by the end of the analysis period. Growth in the Veterinary Care segment is estimated at 5.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $86.9 Billion, While China is Forecast to Grow at 6.8% CAGR

The Pet Care market in the U.S. is estimated at US$86.9 Billion in the year 2023. China, the world’s second largest economy, is forecast to reach a projected market size of US$10.6 Billion by the year 2030 trailing a CAGR of 6.8% over the analysis period 2023 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 5.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Key Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

The report features profiles of 190+ featured companies. A selection of companies in the report includes:

  • Bayer
  • ADM Animal Nutrition
  • Armitage Pet Care
  • Bacon Products Corporation
  • Animal Health International, Inc.
  • A. Rieper AG
  • Babel Bark, Inc.
  • AFB International
  • Affinity Petcare SA
  • Agway, Inc.
  • Alcon Industria e Comercio de Alimentos Desidratados Ltda.
  • Aller Petfood LLC
  • Almo Nature SpA
  • Arona Foderfabrik AB
  • Barking Heads & Meowing Heads Pet Food UK Ltd.

Key Attributes:

Report Attribute Details
No. of Pages 571
Forecast Period 2023 – 2030
Estimated Market Value (USD) in 2023 $203.1 Billion
Forecasted Market Value (USD) by 2030 $305.1 Billion
Compound Annual Growth Rate 6.0%
Regions Covered Global

Key Topics Covered:

1. MARKET OVERVIEW

  • An Introduction to Pet Care
  • Global Pet Care Market: Prospects & Outlook
  • Dogs & Cats: Major Categories of Pet Care Market
  • Pet Food Leads the Global Pet Care Market
  • Developed Regions Lead, Developing Economies to Spearhead Future Growth
  • Rise in Pet Ownership Spurs Demand for Pet Care Products
  • Pet Facts Around the World: Snapshot
  • Global Pet Dog Population: Top Countries Ranked by Number of Pet Dogs (in Million)
  • Global Pet Cat Population: Top Countries Ranked by Number of Pet Cats (in Million)
  • Global Pet Birds Population: Top Countries Ranked by Number of Pet Birds (in Million)
  • Millennial Generation Leads Ownership of Pets
  • Global Millennial Population by Select Country in Million: 2019
  • Competition
  • Players Eye Acquisitions to Strengthen Portfolio
  • Recent M&A Activities in the Global Pet Food Market
  • World Brands
  • Recent Market Activity
  • Pet Care – Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Notable Trends with Major Significance for Global Pet Care Market
  • Shift towards Sustainable Products
  • Custom-made Foods & Products with Healthy Ingredients
  • Telemedicine Gaining Prominence
  • Advanced Wearable Collars
  • Gains for Private Brands
  • Online Ordering & Social Media
  • Pet Humanization Trends Drives Pet Owners in Increase Spending on Pet Care Products
  • Pet Humanization Paves Way for Premiumization
  • Pet Dogs Used as Stress Buster in Organizations
  • Pet Health & Wellness: An Overriding Theme in the Pet Care Market
  • Functional Pet Treats Grow in Importance
  • Pet Foods Segment: Driven by Passion for Pets
  • Premiumization Trends Find Favors Intensifies in Pet Foods
  • Dry Food Preferred Over Wet Foods
  • Rise in Preference for Raw Pet Foods and Animal Protein
  • Rising Demand for Pet Nutraceuticals Adds New Growth Opportunities
  • Driven by Rising Prevalence of Zoonotic and Foodborne Diseases, Spending on Pet Care Rises
  • OTC Pet Medications: Growing Awareness about Pet Health Supports Demand
  • North America OTC Pet Medication Market by Application (in %): 2023
  • Pet Grooming Services: Focus on Appearance and Hygiene Drives Growth
  • US Pet Grooming Services Market by Service Type (in %): 2023
  • Pet Grooming Products Gain Popularity
  • Pet Insurance Finds Acceptances among Pet Owners
  • Global Pet Insurance Market by Sales Channels, 2023
  • Direct-to-Consumer Business Model Supports Personalization in Pet Care Market
  • Emerging Trends in the Pet Technology to Transform Pet Care Market
  • Advent of Innovative Technologies Improves Veterinary Treatment Services
  • Select Innovations in Pet Care Industry
  • Telemedicine Set to Bring About Significant Changes to Veterinary Care
  • Digital Revolution Transforms Pet Care Distribution Landscape
  • Major Retail Channels in the Pet Food Industry
  • E-Commerce Platforms Register Dramatic Growth
  • Global Pet Care E-Commerce Market by Product Type (in %): 2023
  • Global Wet Pet food Market by Distribution Channel (in %) for 2023

4. GLOBAL MARKET PERSPECTIVE

For more information about this report visit https://www.researchandmarkets.com/r/lxkxpe

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