Global Pet Care Market USD XXX Billion by 2027.Global Pet Care Market reached USD XXX Billion in 2020. The Global Pet Care Market tends to grow by a CAGR of XX% in the 2021-2027 period.
The major driving factor helping this market to grow is the rising adoption of pets globally. Another trending factor in this market is the increasing demand for protein in animal food. The major disadvantage under this market is the high pet care cost. The growing demand for pet insurance is creating an opportunity for the market. Among all pet types, the dog care products accounted for the largest market share and is estimated to grow in the future owing to rising preference among people for adopting dogs as pets. In 2020, Spectrum Brands Holdings Inc. announced the acquisition with Armitage Pet Care Ltd. that deals in pet toys. The acquisition is meant to expand the company's customer base and provide quality products.
The key regions covered in the global Pet Care market are North America, Latin America, Europe, Asia Pacific, and the ROW. North America accounted for the largest market share and it is estimated to grow in the forecasted period owing to the increasing pet care owners and changing demographic trends across the region.
Major market players included in this report are:
Ancol Pet Products Limited
Blue Buffalo Pet Products Inc.
Champion Petfoods
Colgate-Palmolive Company
Heristo aktiengesellschaft
Mars Incorporated
Nestle S.A
Petmate Holdings Co.
Petco Animal Supplies, Inc.
PetSmart Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Pet Type:
Dog
Cat
Fish
Others
By Product Type:
Pet Food Pet Care Grooming ProductsBy Distribution Channel:
Online
Offline
By Region:
North America
The U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Pet Care Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors