Pet Care Market Size to Grow by USD 48.94 Billion | Market Research Insights Highlight Shifting Preference Toward Natural and Organic Pet Care Products as Key Driver

Seller Insights

The Pet Care market is segmented, and the vendors are propagating growth strategies such as expanding their presence across the globe to compete in the market. The report analyzes the competitive landscape of the market and provides information on several market vendors, including:

  • Bevar Bahir B.V.
  • Colgate-Palmolive Co
  • Heristo AG
  • Inter IKEA Holding BV
  • Laroy . group
  • Mars company
  • Nestlé SA
  • Spectrum Brands Holdings Inc.
  • JM Smucker Co.
  • Unicharm Company

Find out more highlights about vendor growth strategies and their product offerings, Read a free sample report.

Geographical market analysis

Will dominate the pet care market North America. According to Technavio, the region will be responsible for 36% For market growth during the forecast period. the we It is a major country for its pet care market North America. However, the market growth rate in North America it will be slower From market growth in other regions. the High demand for natural and premium products Will drive the growth of the pet care market in North America during the forecast period.

Learn more about the geographical distribution of this market along with detailed analysis of the top regions. View our report snapshot

Major Sector Analysis

the dog strip It will have a significant growth in the market share of the pet care market during the forecast period. Dogs are among the most popular pets, followed by cats. It is known to reduce anxiety, stress and depression; Relieve loneliness, improve cardiovascular health, and encourage exercise. People who live in apartments and condos and do not have a garden or hallway where their pets can live prefer pet furniture. These factors are expected to drive the global pet grooming market through this segment.

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Market Drivers and Key Challenges:

the Shift the preference toward natural and organic pet care products One of the main factors driving the growth of the pet grooming market. Due to the humanization of pets, pet owners are becoming more aware of the health of their pets. This has led to an increased demand for natural and organic pet grooming products, which are seen as superior in quality, safety and nutrition. Market competitors take these factors into consideration while manufacturing pet grooming products in order to differentiate themselves from their competitors and satisfy customer requirements. Pet food is one of the key segments in the global pet grooming market. This segment has seen an increase in the number of natural and organic offerings from competitors in the market.

the Raising awareness of pet allergy among people It is expected to represent a major challenge for the pet grooming market. Animals can be carriers of harmful bacteria, such as Campylobacter jejuni and cryptosporidiosis, due to exposure to wind and polluted water. These diseases can be transmitted to humans, especially children. Many animals with fur and feathers, such as cats, rodents, and birds, cause allergies such as pet dander in humans. This allergy affects people who have a weak immune system. Hence, some people do not prefer to adopt pets. All these factors could have a negative impact on the pet grooming industry. This, in turn, can affect sales of pet care products during the forecast period.

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Related Reports:

Pet Insurance Market By Pet Type and Geography – Forecast and Analysis 2022-2026

Pet Supplies Market by Distribution Channel, Product, End User, and Geography – Forecast and Analysis 2021-2025

pet grooming market

Report coverage

details

page number

120

base year

2020

prediction period

2021-2025

Growth Momentum and CAGR

Accelerating at a compound annual growth rate of 5.18%

Market Growth 2021-2025

48.94 billion US dollars

Market Structure, Market Structure

fragmented

Annual Growth (%)

4.09

Regional Analysis

North America, Europe, Asia Pacific, Middle East, Africa and South America

Market share performance

North America with 36%

Main consuming countries

The United States, China, Germany, and the United Kingdom

Competitive scene

Leading companies, competitive strategies, scope of consumer participation

Company Profile

Aller Petfood LLC, Ancol Pet Products Ltd., Beaphar Beheer BV, BOSHEL Store, Champion Petfoods, Colgate-Palmolive Co., General Mills Inc., hisristo AG, Inter IKEA Holding BV, Laroy Group, Mars Inc., Nestle SA, Nicoluzzi Industria de Racoes Ltda, Schell and Kampeter Inc., Spectrum Brands Holdings Inc., The JM Smucker Co., Unicharm Corp., WellPet LLC, Woofies Pet Sitters, Dog Walkers Mobile Pet Spa

market dynamics

Key market analysis, market growth triggers and obstacles, Analysis of fast-growing and slow-growing segments, Impact of COVID-19 and future consumer dynamics, Market status analysis for the forecast period

field of personalization

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about us:

Technavio is a global leader in technology research and consulting. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With over 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning across 50 countries. Their client base consists of organizations of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in current and potential markets and to assess their competitive positions within changing market scenarios. .

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The source is Technavio

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