Pet Care market

what role does veterinary care play l.w
1 / 4
Embed
Share

The pet care market is on a robust growth trajectory, projected to soar to $287.96 billion by 2031. This growth is expected to occur at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.


Uploaded on | 0 Views


Download Presentation

Please find below an Image/Link to download the presentation.

The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.

E N D

Presentation Transcript


  1. What Role Does Veterinary Care Play in the Pet Care Market's Expansion to $287.96 Billion by 2031?

  2. Pet Care Market 2024-2031 Meticulous Research , a leading global market research firm, has released an in-depth report titled Pet Care Market Size, Share, Forecast, & Trends Analysis by Offering (Pet Food & Nutrition [Dry Food, Treats, Vitamins, Supplements] Pet Products [Grooming {Shampoo, Conditioner, Brushes}, Oral Care] Pet Services) Sales Channel Global Forecast to 2031. According to this report, the global pet care market is anticipated to reach $287.96 billion by 2031, growing at a CAGR of 5.9% during the forecast period. Request For Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5907 Market Overview and Key Drivers The pet care market encompasses a wide range of products and services aimed at ensuring the health and well-being of pets. This includes pet food, nutritional supplements, grooming products, and various pet services such as veterinary care and pet walking. The increasing trend of pet humanization, where pets are seen as integral family members, has significantly driven the demand for premium pet products. This shift has prompted manufacturers to develop high-quality, human-grade pet food and other premium products to cater to discerning pet owners. Segments and Market Dynamics The market is segmented based on offering, animal type, sales channel, and end-user. The primary segments include: Offering: oPet Food & Nutrition: This segment includes dry food, wet food, treats, and nutritional supplements. In 2024, pet food is expected to account for 62.3% of the market share due to the growing awareness of pet nutrition and the availability of various dietary options. oPet Products: This includes grooming products like shampoos, conditioners, and oral care items. oPet Services: Encompassing grooming, veterinary care, and pet walking services. Animal Type: oDogs: Expected to hold the largest market share due to their popularity as pets. oCats, Fish, Birds, and Other Animals: These segments also contribute significantly to the market. Sales Channel: Page 1 of 3 Meticulous Research| sales@meticulousresearch.com

  3. Pet Care Market 2024-2031 oOffline: Comprising supermarkets, pet stores, and pharmacies. oOnline: Expected to register a higher CAGR due to the increasing number of smartphone users and the convenience of online shopping. End User: oPet Owners: Projected to witness the highest growth rate due to rising expenditures on pet health and a preference for premium products. oPet Breeders & Groomers oVeterinary Professionals Browse in Depth: https://www.meticulousresearch.com/product/pet-care-market- 5907 Regional Insights: Geographically, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is anticipated to hold the largest market share in 2024. However, the Asia-Pacific region is expected to register the highest CAGR during the forecast period. This growth is driven by rising pet adoption rates and increasing disposable incomes in countries like China and India. Key Players: Prominent players in the pet care market include Mars, Incorporated, Hill s Pet Nutrition, Inc., Blue Buffalo Company, Ltd., Ancol Pet Products Limited, Saturn Petcare GmbH, Nestl S.A., Doskocil Manufacturing Company, Inc., The Hartz Mountain Corporation, Tail Blazers, J.M. Smucker Company, Petco Animal Supplies, Inc., A Place for Rover, Inc., American Pet Resort, LLC, Wag Labs, Inc., Pooch Dog SPA, AirPets International, Groomer s Choice, Coastal Pet Products Inc., World 4 Pets Pty Ltd, SynergyLabs, and 4- Legger, LLC. Future Outlook: The pet care market is poised for robust growth, driven by rising pet health expenditures, increased pet adoption rates, and higher disposable incomes. The market is also benefiting from the introduction of new pet product categories and a shift towards premium products. As pet owners continue to prioritize the health and well- being of their pets, the demand for high-quality pet care products and services is expected to remain strong. Buy Now: https://www.meticulousresearch.com/Checkout/32176508 About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium Page 2 of 3 Meticulous Research| sales@meticulousresearch.com

  4. Pet Care Market 2024-2031 market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to detail. With meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 Meticulous Research| sales@meticulousresearch.com

Related