NEW YORK, Oct. 27, 2023 /PRNewswire/ — The pet care market is set to grow by USD 72.82 billion from 2022 to 2027. The market is estimated to be progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing pet ownership. This is because of the fact that more people are choosing to keep pets for a variety of reasons recently. The demand for pet care goods and services rises along with the number of pet owners. Pets receive the same level of care and consideration as people as well as being treated as members of the family. To make sure that their pets are well taken care of, pet owners are willing to spend more on pet care goods and services. The market for pet care is estimated to continue to expand as a result of this trend, which is predicted to continue. Therefore, such factors have led to an increase in demand for pet care products and services, which is expected to drive the growth of the global market during the forecast period. – Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and forecast period (2023-2027). Download Sample Report in minutes!
Technavio has announced its latest market research report titled Global Pet Care Market 2023-2027
The pet care market covers the following areas:
Pet Care Market Sizing
Pet Care Market Forecast
Pet Care Market Analysis
The report on the pet care market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
Pet Care Market 2023-2027 – Market Dynamics
Significant Trends
The growing popularity of customization in pet care products is an emerging trend in the pet care market growth.
Customers are drawn to the variety of pet care products that market competitors are developing and the majority of businesses allow customers to customize their pet care products.
The design, color, size, raw material, style, and shape can be changed, according to the needs of pet owners.
To meet the unique needs of each customer in the global market features like unique decorations and bedding, portability, personalized accessories, built-in storage space, food and drink holders, seating arrangements, type of raw materials, and other appealing features can be added.
Hence, such emerging trends fuel the market growth of pet care products during the forecast period.
Key Challenges
The increasing competition for pet care products globally is a major challenge that may hinder market growth.
The global market is extremely competitive with a large number of players that provide a diverse range of goods and services.
The development of e-commerce platforms has made it simpler for new players to enter the market and compete with established brands.
This is the main factor fueling increased competition in the global market. Businesses have to compete not only with local retailers but also with international players with significant resources and economies of scale as a result of the growth of online marketplaces.
Hence, such challenges impede the growth of the pet care market during the forecast period.
What’s New?
Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
Global competitiveness and key competitor positions
Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial - Buy the report!
Pet Care Market 2023-2027 : Market Segmentation
This pet care market report extensively covers market segmentation by application (dogs, cats, and others), product (food, accessories, and grooming), and geography (North America, Europe, APAC, Middle East and Africa, and South America).
The market share growth by the dog segment will be significant for overall market growth during the forecast period. Dogs make up a significant portion of the global pet care market that is currently experiencing growth. Businesses cater to a variety of dog-related categories, which includes food, grooming, healthcare, and accessories. Moreover, dogs are thought to reduce stress, anxiety, and depression, encourage activity, and enhance cardiovascular health and parents frequently keep dogs as pets to teach their children responsibility, the value of kindness, and the importance of sharing. Hence, the segment is expected to grow with an increase in demand for pet dogs in the global market during the forecast period.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report
Companies Mentioned
ABP Food Group Ltd.
Agrolimen SA
Aller Petfood Group AS
Ancol Pet Products Ltd.
Beaphar Beheer BV
Champion Petfoods Holding Inc.
Colgate Palmolive Co.
Doskocil Manufacturing Co. Inc.
General Mills Inc.
heristo aktiengesellschaft
Mars Inc.
Monge and C Spa
Nestle SA
Pets Choice Ltd.
saturn petcare gmbh
Schell and Kampeter Inc.
Tail Blazers
The J.M Smucker Co.
Unicharm Corp.
United Petfood Producers NV
Vendor Offerings
Aller Petfood Group AS – The company offers pet care under the brand Affinity Petcare.
Beaphar Beheer BV – The company offers pet care such as Paw Spray, Fly Guard, Fly Free, Anti Mange.
Champion Petfoods Holding Inc. – The company offers pet care under the brand Orijen, Acana.
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Pet Care Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
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Market growth 2023-2027 |
USD 72.82 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
5.75 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
North America at 42% |
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Key countries |
US, China, Germany, UK, and France |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABP Food Group Ltd., Agrolimen SA, Aller Petfood Group AS, Ancol Pet Products Ltd., Beaphar Beheer BV, Champion Petfoods Holding Inc., Colgate Palmolive Co., Doskocil Manufacturing Co. Inc., General Mills Inc., heristo aktiengesellschaft, Mars Inc., Monge and C Spa, Nestle SA, Pets Choice Ltd., saturn petcare gmbh, Schell and Kampeter Inc., Tail Blazers, The J.M Smucker Co., Unicharm Corp., and United Petfood Producers NV |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Key Topics Covered:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global – Market size and forecast 2022-2027 (USD billion)
Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 (USD billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global pet care market 2017 – 2021
Exhibit 18: Historic Market Size – Data Table on Global pet care market 2017 – 2021 (USD billion)
4.2 By Application Segment Analysis 2017 – 2021
Exhibit 19: Historic Market Size – By Application Segment 2017 – 2021 (USD billion)
4.3 By Product Segment Analysis 2017 – 2021
Exhibit 20: Historic Market Size – By Product Segment 2017 – 2021 (USD billion)
4.4 Geography Segment Analysis 2017 – 2021
Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 (USD billion)
4.5 Country Segment Analysis 2017 – 2021
Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 (USD billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application – Market share 2022-2027 (%)
Exhibit 31: Data Table on Application – Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Dogs – Market size and forecast 2022-2027
Exhibit 34: Chart on Dogs – Market size and forecast 2022-2027 (USD billion)
Exhibit 35: Data Table on Dogs – Market size and forecast 2022-2027 (USD billion)
Exhibit 36: Chart on Dogs – Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Dogs – Year-over-year growth 2022-2027 (%)
6.4 Cats – Market size and forecast 2022-2027
Exhibit 38: Chart on Cats – Market size and forecast 2022-2027 (USD billion)
Exhibit 39: Data Table on Cats – Market size and forecast 2022-2027 (USD billion)
Exhibit 40: Chart on Cats – Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Cats – Year-over-year growth 2022-2027 (%)
6.5 Others – Market size and forecast 2022-2027
Exhibit 42: Chart on Others – Market size and forecast 2022-2027 (USD billion)
Exhibit 43: Data Table on Others – Market size and forecast 2022-2027 (USD billion)
Exhibit 44: Chart on Others – Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others – Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Application
Exhibit 46: Market opportunity by Application (USD billion)
Exhibit 47: Data Table on Market opportunity by Application (USD billion)
7 Market Segmentation by Product
7.1 Market segments
Exhibit 48: Chart on Product – Market share 2022-2027 (%)
Exhibit 49: Data Table on Product – Market share 2022-2027 (%)
7.2 Comparison by Product
Exhibit 50: Chart on Comparison by Product
Exhibit 51: Data Table on Comparison by Product
7.3 Food – Market size and forecast 2022-2027
Exhibit 52: Chart on Food – Market size and forecast 2022-2027 (USD billion)
Exhibit 53: Data Table on Food – Market size and forecast 2022-2027 (USD billion)
Exhibit 54: Chart on Food – Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Food – Year-over-year growth 2022-2027 (%)
7.4 Accessories – Market size and forecast 2022-2027
Exhibit 56: Chart on Accessories – Market size and forecast 2022-2027 (USD billion)
Exhibit 57: Data Table on Accessories – Market size and forecast 2022-2027 (USD billion)
Exhibit 58: Chart on Accessories – Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Accessories – Year-over-year growth 2022-2027 (%)
7.5 Grooming – Market size and forecast 2022-2027
Exhibit 60: Chart on Grooming – Market size and forecast 2022-2027 (USD billion)
Exhibit 61: Data Table on Grooming – Market size and forecast 2022-2027 (USD billion)
Exhibit 62: Chart on Grooming – Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Grooming – Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Product
Exhibit 64: Market opportunity by Product (USD billion)
Exhibit 65: Data Table on Market opportunity by Product (USD billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 67: Chart on Market share by geography 2022-2027 (%)
Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America – Market size and forecast 2022-2027
Exhibit 71: Chart on North America – Market size and forecast 2022-2027 (USD billion)
Exhibit 72: Data Table on North America – Market size and forecast 2022-2027 (USD billion)
Exhibit 73: Chart on North America – Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on North America – Year-over-year growth 2022-2027 (%)
9.4 Europe – Market size and forecast 2022-2027
Exhibit 75: Chart on Europe – Market size and forecast 2022-2027 (USD billion)
Exhibit 76: Data Table on Europe – Market size and forecast 2022-2027 (USD billion)
Exhibit 77: Chart on Europe – Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Europe – Year-over-year growth 2022-2027 (%)
9.5 APAC – Market size and forecast 2022-2027
Exhibit 79: Chart on APAC – Market size and forecast 2022-2027 (USD billion)
Exhibit 80: Data Table on APAC – Market size and forecast 2022-2027 (USD billion)
Exhibit 81: Chart on APAC – Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on APAC – Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa – Market size and forecast 2022-2027
Exhibit 83: Chart on Middle East and Africa – Market size and forecast 2022-2027 (USD billion)
Exhibit 84: Data Table on Middle East and Africa – Market size and forecast 2022-2027 (USD billion)
Exhibit 85: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
9.7 South America – Market size and forecast 2022-2027
Exhibit 87: Chart on South America – Market size and forecast 2022-2027 (USD billion)
Exhibit 88: Data Table on South America – Market size and forecast 2022-2027 (USD billion)
Exhibit 89: Chart on South America – Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on South America – Year-over-year growth 2022-2027 (%)
9.8 US – Market size and forecast 2022-2027
Exhibit 91: Chart on US – Market size and forecast 2022-2027 (USD billion)
Exhibit 92: Data Table on US – Market size and forecast 2022-2027 (USD billion)
Exhibit 93: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on US – Year-over-year growth 2022-2027 (%)
9.9 China – Market size and forecast 2022-2027
Exhibit 95: Chart on China – Market size and forecast 2022-2027 (USD billion)
Exhibit 96: Data Table on China – Market size and forecast 2022-2027 (USD billion)
Exhibit 97: Chart on China – Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on China – Year-over-year growth 2022-2027 (%)
9.10 Germany – Market size and forecast 2022-2027
Exhibit 99: Chart on Germany – Market size and forecast 2022-2027 (USD billion)
Exhibit 100: Data Table on Germany – Market size and forecast 2022-2027 (USD billion)
Exhibit 101: Chart on Germany – Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Germany – Year-over-year growth 2022-2027 (%)
9.11 UK – Market size and forecast 2022-2027
Exhibit 103: Chart on UK – Market size and forecast 2022-2027 (USD billion)
Exhibit 104: Data Table on UK – Market size and forecast 2022-2027 (USD billion)
Exhibit 105: Chart on UK – Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on UK – Year-over-year growth 2022-2027 (%)
9.12 France – Market size and forecast 2022-2027
Exhibit 107: Chart on France – Market size and forecast 2022-2027 (USD billion)
Exhibit 108: Data Table on France – Market size and forecast 2022-2027 (USD billion)
Exhibit 109: Chart on France – Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on France – Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 111: Market opportunity by geography (USD billion)
Exhibit 112: Data Tables on Market opportunity by geography (USD billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 ABP Food Group Ltd.
Exhibit 119: ABP Food Group Ltd. – Overview
Exhibit 120: ABP Food Group Ltd. – Product / Service
Exhibit 121: ABP Food Group Ltd. – Key offerings
12.4 Agrolimen SA
Exhibit 122: Agrolimen SA – Overview
Exhibit 123: Agrolimen SA – Product / Service
Exhibit 124: Agrolimen SA – Key offerings
12.5 Beaphar Beheer BV
Exhibit 125: Beaphar Beheer BV – Overview
Exhibit 126: Beaphar Beheer BV – Product / Service
Exhibit 127: Beaphar Beheer BV – Key offerings
12.6 Champion Petfoods Holding Inc.
Exhibit 128: Champion Petfoods Holding Inc. – Overview
Exhibit 129: Champion Petfoods Holding Inc. – Product / Service
Exhibit 130: Champion Petfoods Holding Inc. – Key offerings
12.7 Colgate Palmolive Co.
Exhibit 131: Colgate Palmolive Co. – Overview
Exhibit 132: Colgate Palmolive Co. – Business segments
Exhibit 133: Colgate Palmolive Co. – Key offerings
Exhibit 134: Colgate Palmolive Co. – Segment focus
12.8 Doskocil Manufacturing Co. Inc.
Exhibit 135: Doskocil Manufacturing Co. Inc. – Overview
Exhibit 136: Doskocil Manufacturing Co. Inc. – Product / Service
Exhibit 137: Doskocil Manufacturing Co. Inc. – Key offerings
12.9 General Mills Inc.
Exhibit 138: General Mills Inc. – Overview
Exhibit 139: General Mills Inc. – Business segments
Exhibit 140: General Mills Inc. – Key news
Exhibit 141: General Mills Inc. – Key offerings
Exhibit 142: General Mills Inc. – Segment focus
12.10 heristo aktiengesellschaft
Exhibit 143: heristo aktiengesellschaft – Overview
Exhibit 144: heristo aktiengesellschaft – Product / Service
Exhibit 145: heristo aktiengesellschaft – Key offerings
12.11 Mars Inc.
Exhibit 146: Mars Inc. – Overview
Exhibit 147: Mars Inc. – Product / Service
Exhibit 148: Mars Inc. – Key news
Exhibit 149: Mars Inc. – Key offerings
12.12 Monge and C Spa
Exhibit 150: Monge and C Spa – Overview
Exhibit 151: Monge and C Spa – Product / Service
Exhibit 152: Monge and C Spa – Key offerings
12.13 Nestle SA
Exhibit 153: Nestle SA – Overview
Exhibit 154: Nestle SA – Business segments
Exhibit 155: Nestle SA – Key news
Exhibit 156: Nestle SA – Key offerings
Exhibit 157: Nestle SA – Segment focus
12.14 Schell and Kampeter Inc.
Exhibit 158: Schell and Kampeter Inc. – Overview
Exhibit 159: Schell and Kampeter Inc. – Product / Service
Exhibit 160: Schell and Kampeter Inc. – Key offerings
12.15 Tail Blazers
Exhibit 161: Tail Blazers – Overview
Exhibit 162: Tail Blazers – Product / Service
Exhibit 163: Tail Blazers – Key offerings
12.16 The J.M Smucker Co.
Exhibit 164: The J.M Smucker Co. – Overview
Exhibit 165: The J.M Smucker Co. – Business segments
Exhibit 166: The J.M Smucker Co. – Key news
Exhibit 167: The J.M Smucker Co. – Key offerings
Exhibit 168: The J.M Smucker Co. – Segment focus
12.17 Unicharm Corp.
Exhibit 169: Unicharm Corp. – Overview
Exhibit 170: Unicharm Corp. – Business segments
Exhibit 171: Unicharm Corp. – Key offerings
Exhibit 172: Unicharm Corp. – Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 173: Inclusions checklist
Exhibit 174: Exclusions checklist
13.3 Currency conversion rates for USUSD
Exhibit 175: Currency conversion rates for USUSD
13.4 Research methodology
Exhibit 176: Research methodology
Exhibit 177: Validation techniques employed for market sizing
Exhibit 178: Information sources
13.5 List of abbreviations
Exhibit 179: List of abbreviations
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises 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 existing and potential markets and assess their competitive positions within changing market scenarios.
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