Pet Health Products Market Set to Expand Saliently at a Robust CAGR during the Forecast Period 2020-2026 | Abbott Laboratories, Central Garden & Pet Company, Bayer AG, Embrace Pet Insurance Agency LLC, IDEXX Laboratories Incorporated, Nestlé
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A pet or companion animal is an animal kept primarily for one's company, protection, or entertainment. Popular pets are regularly noted for their attractive appearances and their loyal or playful personalities. While dogs and cats are the most preferred pet animals, people also keep house rabbits, fancy rats, guinea pigs, parrots, chickens, and aquatic pets. The trend of pet adoption and keeping is gaining rapid traction across the globe. The acceptance of western culture and changing lifestyles in emerging economies such as India and China, has increased the adoption of pet animals, which in turn is supporting the growth of the pet health products market. Pet ownership is largely considered to be status symbols in emerging economies. Cats and dogs are usually adopted by the populace for psychological and therapeutic benefits. Pets influence social, emotional, and cognitive development in children, promotes dynamic lifestyle, and have even been able to detect presence of certain cancers. As per stats released by American Veterinary Medical Foundation (AVMF), there were 43,346,000 pet dogs and 36,117,000 pet cats in the U.S. in 2012, with mean veterinary spending on these pegged at US$ 378 and US$ 191 respectively per year. This argues favorably for growth of the pet health care products market.
Global Pet Health Products Market competition by Top Key Players: Abbott Laboratories, Central Garden & Pet Company, Bayer AG, Embrace Pet Insurance Agency LLC, IDEXX Laboratories Incorporated, Nestlé, Beefeaters Holding Company Incorporated, Colgate-Palmolive Company, Merck & Company Incorporated, Novartis AG, Pfizer Incorporated, Boehringer Ingelheim GmbH, ADER Enterprises Incorporated, Heska Corporation, Sanofi, , Virbac SA, Sergeant's Pet Care Products Incorporated, Trupanion, Spectrum Brands Holdings Incorporated, Procter & Gamble Company, Hartville Group Incorporated, PBI/Gordon Corporation, Sumitomo Corporation, VCA Antech Incorporated, PetAg Incorporated, Veterinary Pet Insurance Company, and Pethealth Incorporated.
Pet Health Products Market section by Region:
• The Middle East and Africa
• North America
• South America
Segmentation: The report has been separated into different categories, such as product type, application, end user, and region. Every segment is evaluated based on the CAGR, share and growth potential. In the regional analysis, the report highlights the prospective region, which should generate opportunities in the global Pet Health Products market in the years to come. This segmented analysis will surely prove to be a useful tool for readers, stakeholders and market participants to get a full picture of the Pet Health Products global market and its growth potential in the years to come.
The Pet Health Products Market report offers a plethora of insights which include:
Changing consumption patterns among individuals globally.
Historical and future progress of the global Pet Health Products market.
Region-wise and country-wise segmentation of the Pet Health Products market to understand the revenue, and growth lookout in these areas.
Accurate Year-on-Year growth of the global Pet Health Products market.
Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global Pet Health Products market.
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Important Information that can be extracted from the Report:
♦ Assessment of the COVID-19 impact on the growth of the Pet Health Products Market
♦ Successful market entry strategies formulated by emerging market players
♦ Pricing and marketing strategies adopted by established market players
♦ Country-wise assessment of the Pet Health Products Market in key regions
♦ Year-on-Year growth of each market segment over the forecast period 2026
The Pet Health Products Market report considers the following years to predict market growth:
Historic Year: 2014 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2029
The Global Pet Health Products Market is displayed in 13 Chapters:
Chapter 1: Market Overview, Drivers, Restraints and Opportunities
Chapter 2: Market Competition by Manufacturers
Chapter 3: Production by Regions
Chapter 4: Consumption by Regions
Chapter 5: Production, By Types, Revenue and Market share by Types
Chapter 6: Consumption, By Applications, Market share (%) and Growth Rate by Applications
Chapter 7: Complete profiling and analysis of Manufacturers
Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Market Forecast
Chapter 13: Pet Health Products Research Findings and Conclusion, Appendix, methodology and data source
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