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Digital Pet Care Products And Services Market Analysis With Key Players, Applications, Trends And Forecast To 2033
Digital Pet Care Products And Services Market Analysis
The Business Research Company presents an extensive market research report on the Digital Pet Care Products and Services Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The digital pet care products and services market size has grown rapidly in recent years. It will grow from $88.34 billion in 2023 to $97.34 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to humanization of pets, increased awareness of pet health, convenience and accessibility, pet insurance and wellness programs, rising pet ownership ..
The digital pet care products and services market size is expected to see rapid growth in the next few years. It will grow to $147.16 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to telehealth and remote veterinary services, focus on mental health and well-being, subscription-based services, personalized nutrition solutions, focus on aging pet population, focus on pet fitness and exercise.. Major trends in the forecast period include rise of smart pet products, mobile apps for pet care, iot in pet tracking and monitoring, personalized pet health records, social media influence on pet trends,.
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Key Market Players:
Major companies operating in the digital pet care products and services market report are Pet Plan Limited, Hartville Group Inc., PetFirst Healthcare LLC, Anicom Holdings Inc., Direct Line Insurance Group plc, Trupanion Inc., Pethealth Inc., BabelBark Inc., Banfield Pet Hospital, Chewy Inc., Hill's Pet Nutrition Inc., PetSmart Inc., Supertails Inc., Wagmo Pet Insurance Agency Inc., Embrace Pet Insurance Agency LLC, Lemonade Insurance Company, American Society for the Prevention of Cruelty to Animals, Petco Animal Supplies Inc., Embark Veterinary Inc., Wisdom Health Genetics LLC, Whistle Labs Inc., AllTrails Inc., PetPlate Inc., BarkBox Inc., NomNomNow Inc., JustFoodForDogs LLC, The Farmer's Dog Inc., Petcube Inc., Pet Poison Helpline LLC, PetHonesty Inc., FitBark Inc., Pet Assure Corp., Petnostics LLC, Pretty Litter LLC, Sure Petcare Limited, Pawscout Inc.
Market Drivers:
The increased pet adoption rate is expected to propel the growth of the digital pet care products and services market going forward. Pet adoption refers to the process of acquiring a pet from a shelter or rescue. Pet adoption is contributing to the demand for luxury pet care goods and services to keep them healthy, happy, and safe. For instance, according to the 2021-2022 American Pet Products Association (APPA) survey by the human society of the United States, a US-based non-profit organization, 128.451 million U.S. households have a pet, and 69 million (54%) of US households own at least one dog. Therefore, the increased pet adoption rate is driving the growth of the digital pet care products and services market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/digital-pet-care-products-and-services-global-market-report
The digital pet care products and services market covered in this report is segmented -
1) By Type: Pet Food, Pet Care Products, Services
2) By Source: Animal-Based, Plant-Based, Synthetic
3) By Animal: Dogs, Cats, Birds, Fishes, Horses
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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