Pet Care Market – By Type (Pet Care Products [Product {Food, Pharmaceutical, Dietary Supplements, Hygiene}, Distribution Channel {Stores, E-commerce}], Services [Medical, Grooming, Training, Insurance]), Animal (Dogs, Cats), Global Forecast (2024 – 2032)
Global Pet Care Market size will record 6.8% CAGR from 2024 to 2032, due to the surge in the number of new players for introducing fresh and innovative products to meet the evolving needs of pet owners.
Of late, several companies are developing advanced pet foods, grooming tools, and health products, driven by ongoing research and technological progress. Moreover, advancements in pet care technology and the expanding range of offerings are reshaping the landscape of pet care for providing more options and improved solutions for pet owners. For instance, in December 2022, Mankind Pharma entered the pet care space with the launch of its PetStar brand for introducing a new line of pet care products.
The market is segregated into type, animal, and region.
In terms of type, the pet services segment in the pet care industry is set to experience significant growth through 2032 due to the strong need for addressing the diverse needs of pets and their owners. Various services are focusing on health, wellness, and comfort including grooming, training, and boarding., In addition, businesses are planning to enhance their services by integrating advanced technologies and personalized solutions to better cater to the specific needs of pets. Companies are also expanding their range of services to include holistic care options and innovative wellness products for ensuring that pets receive comprehensive care and attention.
By animal, the pet care market share from the horses segment is projected to grow at notable rate from 2024 to 2032, driven by the increasing need to enhance their well-being. Grooming practices are evolving, and specialized diets are developed to meet their nutritional needs. As horse owners are learning about the benefits of regular exercise and mental stimulation, they are incorporating innovative techniques into their routines, such as using interactive toys and enrichment activities to keep the horses engaged.
Regionally, the Europe pet care industry size is projected to witness significant CAGR between 2024 and 2032, fueled by the rising disposable incomes. Individuals are increasingly investing in premium products and services for their horses. Many horse owners are also upgrading the living conditions of their horses with luxurious stables and high-quality feed. They are also embracing advanced veterinary care and innovative grooming tools. The strong focus on luxury and advanced care to enhance the well-being of horses for making top-tier products and services more accessible and setting new standards will drive the regional market growth.
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Base estimates & calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
- 1.4 Forecast model
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.5.2 Data mining sources
- Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Increase in animal healthcare expenditure
- 3.2.1.2 Growing pet adoption across the globe
- 3.2.1.3 Emergence of mobile pet grooming
- 3.2.1.4 Surged demand for pet insurance
- 3.2.1.5 Rising prevalence of food borne and zoonotic diseases
- 3.2.1.6 Increasing demand for protein in pet food
- 3.2.2 Industry pitfalls & challenges
- 3.2.2.1 High pet care cost
- 3.2.2.2 Lack of awareness & low spending in developing and under-developed regions
- 3.3 Growth potential analysis
- 3.4 Impact of demographics on pet ownership
- 3.5 Pets and their impact on mental health
- 3.6 Regulatory landscape
- 3.7 Gap analysis
- 3.8 Porter's analysis
- 3.9 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company matrix analysis
- 4.3 Competitive analysis of major market players
- 4.4 Competitive positioning matrix
- 4.5 Strategy dashboard
- Chapter 5 Market Estimates and Forecast, By Type, 2021 – 2032 ($ Mn)
- 5.1 Key trends
- 5.2 Pet care products
- 5.2.1 By product
- 5.2.1.1 Pet food
- 5.2.1.1.1 Nutritional
- 5.2.1.1.2 Medicated
- 5.2.1.2 Pet healthcare products
- 5.2.1.2.1 Pharmaceuticals
- 5.2.1.2.2 Dietary supplements
- 5.2.1.3 Hygiene products
- 5.2.1.4 Other pet care products
- 5.2.2 By distribution channel
- 5.2.2.1 Stores
- 5.2.2.2 E-commerce
- 5.2.2.3 Other distribution channels
- 5.3 Pet services
- 5.3.1 Veterinary medical services
- 5.3.2 Pet grooming
- 5.3.3 Pet boarding and daycare
- 5.3.4 Training services
- 5.3.5 Pet insurance
- Chapter 6 Market Estimates and Forecast, By Animal, 2021 – 2032 ($ Mn)
- 6.1 Key trends
- 6.2 Dogs
- 6.3 Cats
- 6.4 Fishes
- 6.5 Birds
- 6.6 Horses
- 6.7 Other animals
- Chapter 7 Market Estimates and Forecast, By Region, 2021 – 2032 ($ Mn)
- 7.1 Key trends
- 7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 France
- 7.3.4 Spain
- 7.3.5 Italy
- 7.3.6 Netherlands
- 7.3.7 Sweden
- 7.3.8 Switzerland
- 7.3.9 Austria
- 7.3.10 Belgium
- 7.3.11 Poland
- 7.3.12 Romania
- 7.3.13 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 Japan
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 South Korea
- 7.4.6 Philippines
- 7.4.7 Rest of Asia Pacific
- 7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Argentina
- 7.5.4 Rest of Latin America
- 7.6 Middle East and Africa
- 7.6.1 South Africa
- 7.6.2 Saudi Arabia
- 7.6.3 UAE
- 7.6.4 Rest of Middle East and Africa
- Chapter 8 Company Profiles
- 8.1 Ancol Pet Products Limited
- 8.2 Blue Buffalo Pet Products, Inc
- 8.3 Champion Petfoods
- 8.4 Chewy, Inc.
- 8.5 Freshpet
- 8.6 Heristo akteingesellschaft
- 8.7 Hill's Pet Nutrition (Colgate Palmolive Company)
- 8.8 IDEXX Laboratories, Inc.
- 8.9 J.M. Smucker
- 8.10 Mars Inc.
- 8.11 Nestle Purina PetCare (Nestle SA)
- 8.12 Petco Animal Supplies, Inc.
- 8.13 Petmate Holdings Co.
- 8.14 PetSmart, Inc.
- 8.15 Spectrum Brands, Inc
- 8.16 Zoetis Inc.
- 8.17 Zooplus AG
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