Press release
Global Pet Care Market to Reach USD 364.97 Billion by 2030, Growing at a 5.6% CAGR"
Pet Care Market
The global pet care market, valued at USD 249.23 billion in 2023, is anticipated to expand to USD 364.97 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.6% during the forecast period.
๐๐๐ญ ๐๐๐ซ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
The increasing humanization of pets has led to higher spending on premium pet foods, healthcare services, grooming, and accessories. Advancements in technology have introduced innovative products, such as smart pet devices and telemedicine services, enhancing pet well-being and convenience for owners.
๐๐๐ญ ๐๐๐ซ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐๐ญ ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam is experiencing a surge in pet ownership, particularly among the urban population. This trend is driving demand for pet care products and services, presenting opportunities for market expansion.
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ง๐จ๐ฐ : https://www.maximizemarketresearch.com/request-sample/31345/
๐๐๐ญ ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐ข๐ง๐
China's urban pet population is projected to exceed 70 million by 2030, surpassing the number of toddlers. This demographic shift is attributed to declining birth rates and a preference for pet companionship, leading to increased spending in the pet care sector.
๐๐๐ญ ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand is witnessing growth in the pet care industry, with a rising number of households adopting pets. The demand for premium pet foods and grooming services is on the rise, influenced by the humanization of pets.
๐๐๐ญ ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's aging population is contributing to an increase in pet ownership, as pets provide companionship. This has led to a growing market for pet healthcare and specialized services catering to senior pet owners.
๐๐๐ญ ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea is experiencing a trend towards smaller households and single-person homes, leading to a rise in pet adoption. The pet care market is expanding, with a focus on premium products and technological innovations.
๐๐๐ญ ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's affluent population is driving demand for high-quality pet care products and services. The market is characterized by a preference for premium pet foods and advanced healthcare services.
๐๐๐ญ ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The U.S. pet care market continues to grow, with significant mergers and acquisitions shaping the industry. Notably, General Mills Inc. acquired Blue Buffalo for approximately $8 billion, marking its entry into the pet food sector.
๐๐๐ญ ๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe is experiencing consolidation in the veterinary services market. Companies like Linnaeus Veterinary and VetPartners are expanding through acquisitions, leading to a more structured industry landscape.
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ง๐จ๐ฐ :https://www.maximizemarketresearch.com/request-sample/31345/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐๐ญ ๐๐๐ซ๐ ๐ฆ๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐๐ญ ๐๐ฒ๐ฉ๐
Dog
Cat
Fish
Bird
Others
The market is divided into Dog, Cat, Fish, Bird, and Others based on the type of pet. In 2023, the dog sector held roughly 40% of the market. Dogs are the most common pets, with cats coming in second. Their popularity is increased by the fact that dogs are recognized to reduce loneliness, anxiety, tension, and depression as well as to promote activity and cardiovascular health. Pet furniture is often chosen by people who live in apartments and flats without a porch or yard where their dogs can live. This category is anticipated to boost market growth as a result of these attributes.
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Category Pet Food
Pet grooming/boarding
Accessories
Others
Owners' strong need for palatable and nutritious food items for their daily feeding needs is associated with the product category's largest share. Around 8,500 million tonnes of pet food were sold in Europe in 2019, according to the European Pet Food Industry Association (FEDIAF). Because a variety of animal foods are easily accessible to people, this sector generates more revenue. The veterinary care segment is expanding more quickly as a result of the growing commercial settings connected to animal veterinarian care clinics in many countries across the world. This is pushing the consumption rate of things related to animal veterinarians.
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Offline
Online
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/market-report/global-pet-care-market/31345/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ ๐๐๐ซ๐ ๐ฆ๐๐ซ๐ค๐๐ญ :
1. Ancol Pet Pets Limited
2. Blue Buffalo Pet Pets Inc.
3. Central Garden & Pet Company
4. Champion Pet Foods
5. Heristo AG
6. Kong Company
7. Mars Inc.
8. Nestle S.A.
9. Petco Animal Supplies Inc.
10. Petmate Holdings Co.
11. PetSmartInc.
12. The Colgate-Palmolive Company
13. PetSmart Inc.
14. Trupanion
15. Freshpet
16. Zoetis Inc.
17. Mars Incorporated
18. Hill's Pet Nutrition, Inc.
19. The J.M. Smucker Company
20. Diana Group
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ญ ๐๐๐ซ๐ ๐ฆ๐๐ซ๐ค๐๐ญ:
What is Pet Care ?
What is the growth rate of the Pet Care Market?
Which are the factors expected to drive the Pet Care market growth?
What is the CAGR at which the Pet Care market will grow during the forecast period?
What are the different segments of the Pet Care Market?
Which is the fastest growing region in the Pet Care market?
What growth strategies are the players considering to increase their presence in Pet Care ?
What are the upcoming opportunities and trends for the Pet Care Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Pet Care Market?
Who are the leading companies and what are their portfolios in Pet Care Market?
What segments are covered in the Pet Care Market?
Who are the key players in the Pet Care market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/31345/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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โฆ Microalgae market https://www.maximizemarketresearch.com/market-report/global-microalgae-based-products-market/63970/
โฆ storage tank Market https://www.maximizemarketresearch.com/market-report/storage-tank-market/195623/
โฆ Digital Payment Market https://www.maximizemarketresearch.com/market-report/digital-payment-market/16835/
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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๐๐๐๐๐ก ๐๐ฎ๐ญ ๐ญ๐จ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
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