+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Pet Care - Global Market Trajectory & Analytics

  • ID: 5027956
  • Report
  • May 2021
  • Region: Global
  • 571 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Blue Buffalo Co., Ltd.
  • Champion Petfoods LP
  • Mars Incorporated
  • Nestle Purina PetCare
  • Petmate
  • Saturn Petcare GmbH

Global Pet Care Market to Reach $255.4 Billion by 2027


Amid the COVID-19 crisis, the global market for Pet Care estimated at US$179.4 Billion in the year 2020, is projected to reach a revised size of US$255.4 Billion by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Pet Food, one of the segments analyzed in the report, is projected to record a 4.8% CAGR and reach US$113.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Veterinary Care segment is readjusted to a revised 5.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $76.8 Billion, While China is Forecast to Grow at 7% CAGR


The Pet Care market in the U.S. is estimated at US$76.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.5 Billion by the year 2027 trailing a CAGR of 7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 5.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

OTC/Supplies Segment to Record 5.6% CAGR


In the global OTC/Supplies segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$32.2 Billion in the year 2020 will reach a projected size of US$46.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$23 Billion by the year 2027, while Latin America will expand at a 6.8% CAGR through the analysis period.

Select Competitors (Total 197 Featured) -

  • Ancol Pet Products Limited
  • Blue Buffalo Co., Ltd.
  • Champion Petfoods LP
  • Hill`s Pet Nutrition, Inc.
  • Mars Incorporated
  • Nestle Purina PetCare
  • Petmate
  • Saturn Petcare GmbH
  • Tail Blazers
  • The Hartz Mountain Corporation
  • The J.M. Smucker Company
  • Unicharm Corporation
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Blue Buffalo Co., Ltd.
  • Champion Petfoods LP
  • Mars Incorporated
  • Nestle Purina PetCare
  • Petmate
  • Saturn Petcare GmbH
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 Pandemic on Pet Industry
  • Disruptions in Meat and Poultry Supply Chain Affecting Pet Food Market
  • Online Channels Emerge as Bright Spot
  • An Introduction to Pet Care
  • Global Pet Care Market: Prospects & Outlook
  • Dogs & Cats: Major Categories of Pet Care Market
  • Pet Food Leads the Global Pet Care Market
  • Developed Regions Lead, Developing Economies to Spearhead Future Growth
  • Rise in Pet Ownership Spurs Demand for Pet Care Products
  • Pet Facts Around the World: Snapshot
  • Exhibit 1: Global Pet Dog Population: Top Countries Ranked by Number of Pet Dogs (in Million)
  • Exhibit 2: Global Pet Cat Population: Top Countries Ranked by Number of Pet Cats (in Million)
  • Exhibit 3: Global Pet Birds Population: Top Countries Ranked by Number of Pet Birds (in Million)
  • Millennial Generation Leads Ownership of Pets
  • Exhibit 4: Global Millennial Population by Select Country in Million: 2019
  • Competition
  • Exhibit 5: Market Share of Leading Players in Global Pet Food Market: 2019
  • Players Eye Acquisitions to Strengthen Portfolio
  • Recent M&A Activities in the Global Pet Food Market
  • World Brands
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Notable Trends with Major Significance for Global Pet Care Market
  • Shift towards Sustainable Products
  • Custom-made Foods & Products with Healthy Ingredients
  • Telemedicine Gaining Prominence
  • Advanced Wearable Collars
  • Gains for Private Brands
  • Online Ordering & Social Media
  • Pet Humanization Trends Drives Pet Owners in Increase Spending on Pet Care Products
  • Pet Humanization Paves Way for Premiumization
  • Pet Dogs Used as Stress Buster in Organizations
  • Pet Health & Wellness: An Overriding Theme in the Pet Care Market
  • Functional Pet Treats Grow in Importance
  • Pet Foods Segment: Driven by Passion for Pets
  • Premiumization Trends Find Favors Intensifies in Pet Foods
  • Dry Food Preferred Over Wet Foods
  • Rise in Preference for Raw Pet Foods and Animal Protein
  • Rising Demand for Pet Nutraceuticals Adds New Growth Opportunities
  • Driven by Rising Prevalence of Zoonotic and Foodborne Diseases, Spending on Pet Care Rises
  • OTC Pet Medications: Growing Awareness about Pet Health Supports Demand
  • Exhibit 6: North America OTC Pet Medication Market by Application (in %): 2020E
  • Pet Grooming Services: Focus on Appearance and Hygiene Drives Growth
  • Exhibit 7: US Pet Grooming Services Market by Service Type (in %): 2020E
  • Pet Grooming Products Gain Popularity
  • Pet Insurance Finds Acceptances among Pet Owners
  • Exhibit 8: Global Pet Insurance Market by Sales Channels, 2020E
  • Direct-to-Consumer Business Model Supports Personalization in Pet Care Market
  • Emerging Trends in the Pet Technology to Transform Pet Care Market
  • Advent of Innovative Technologies Improves Veterinary Treatment Services
  • Select Innovations in Pet Care Industry
  • Telemedicine Set to Bring About Significant Changes to Veterinary Care
  • Digital Revolution Transforms Pet Care Distribution Landscape
  • Major Retail Channels in the Pet Food Industry
  • E-Commerce Platforms Register Dramatic Growth
  • Exhibit 9: Global Pet Care E-Commerce Market by Product Type (in %): 2020E
  • Exhibit 10: Global Wet Pet food Market by Distribution Channel (in %) for 2020E
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES
  • Pet Care Products Market in the US
  • COVID-19 Impact on the US Pet Food Market
  • Exhibit 11: COVID-19 Impact on Pet Food Market: YoY Sales Growth of Dog Food & Cat Food in the US for the 2nd Week and 3rd Week March 2020
  • Consumers Stock up on Pet Food and Adopt Online Ordering
  • Manufacturers Increase Production and Navigate Supply Chains
  • Facilities Implement Stringent Sanitation and Safety Protocols
  • Pet Food Brands Give Back to their Communities
  • Pet Food Market Poised for Stable Growth
  • Exhibit 12: Pet Food Market in the US by Product Type (in %) for 2020
  • Special-Diet for Pets Gain Momentum
  • Health of Pets Takes Center Stage
  • COVID-19 Impacts Demand for Premium Foods, as Consumers Trade Down to Low Cost Alternatives
  • Pet Nutraceuticals Adds to Growth
  • Exotic Pet Foods: A Niche Category
  • Concerns over Pet Obesity Draws Demand for Therapeutic and Functional Pet Food
  • Exhibit 13: Number of Obese or Overweight Cats and Dogs in Million and as % of Total Population in the US
  • Pet Expenditure and Pet Ownership Trends Determine Dynamics of Pet Care Market
  • Exhibit 14: Pet Ownership in the US: Number of Households Owning a Pet (in Million) for 2019
  • Exhibit 15: Number of Owned Pets in the US (in Million) for 2019
  • Exhibit 16: Pet Ownership in the US by Generation (in %): 2019
  • Exhibit 17: Millennial Pet Ownership by Gender: % of Men and Women Owning Dogs and Cats in the US
  • Pet Food Packaging Plays a Vital Role in Pet Care Market
  • Challenges Facing the Pet Food Industry
  • Competition
  • Exhibit 18: Leading Players in the US Cat Treat & Beverage Market in % of Value Sales: 2019
  • Exhibit 19: Dog Biscuit, Treat & Beverage Market Breakdown (in % of Value Sales) in the US: 2019
  • Exhibit 20: US Frozen Dog Food Market: Leading Competitors Market Share (in %) for 2019
  • Exhibit 21: US Wet Dog Food Market Share Breakdown (in %) by Leading Players for 2019
  • Exhibit 22: US Wet Cat Food Market by Leading Competitor (in %): 2019
  • Exhibit 23: Leading Dry Dog Food Players in the US: Market Share Breakdown (in %) for 2019
  • Exhibit 24: US Dry Cat Food Market Share Breakdown (in %) by Leading Players for 2019
  • Distribution Scenario
  • Exhibit 25: Pet Food Market in the US by Distribution Channel (in %): 2019
  • e-Commerce Disrupts the Distribution Scenario
  • Exhibit 26: US Pet Foods Market Breakdown of Sales by Online Retailer (in %): 2019
CANADA

JAPAN
  • Market Overview
  • Competition
  • Exhibit 27: Japanese Pet Food Market Breakdown of Sales (in %) by Company: 2019
  • Distribution Scenario
  • Exhibit 28: Japanese Pet Food Market by Distribution Channel (in %) for 2020E
CHINA
  • Pet Care Market in China: An Overview
  • Exhibit 29: Pet Population in China by Pet (in %) for 2019
  • Exhibit 30: Pet Ownership in China: Percentage Breakdown of Dog and Cat Owners by Age Group for 2019
  • Pet Foods: The Largest Segment
  • Distribution Channels for Pet Foods
  • Pet Grooming Products & Health Supplements Find Acceptance
EUROPE
  • Pet Ownership Trends in Europe
  • A Glance at Pet Statistics in Europe
  • Exhibit 31: European Pet Market: Number of Households with At least One Dog or Cat in 2019
  • Exhibit 32: European Pet Population by Category (in Million): 2018
  • Exhibit 33: Number of Pet Cats by Select European Countries (in Million): 2018
  • Exhibit 34: Number of Pet Dogs by Select European Countries (in Million): 2018
  • Exhibit 35: Pet Ownership in Europe by Country: Percentage Share of People Living with Dogs, Cats, Birds and Fish for 2018
  • Exhibit 36: European Pet Food Market by Pet Population (in %) for 2019
  • Pet Nutraceuticals Market Gain Traction
FRANCE

GERMANY
  • Pet Foods Market in Germany: An Overview
  • Exhibit 37: Pet Population in Germany: Breakdown (in %) by Pet Type for 2020
  • Exhibit 38: Pet Dog Population (in Million) in Germany for 2010-2018
  • Exhibit 39: German Pet Foods Market Breakdown of Sales (in %) by Distribution Channel: 2020E
ITALY
  • Market Overview
  • Exhibit 40: Pet Ownership in Italy: Number of Pets in Million by Pet Type for 2019
UNITED KINGDOM
  • UK Pet Food Market: An Overview
  • Exhibit 41: Pet Ownership in the UK: % of Households Owning Pets by Pet Type for 2019/20
  • Exhibit 42: Dog Population in the UK: % Population with Dogs for 2019
  • Exhibit 43: Pet Foods Market Breakdown of Sales (in %) by Distribution Channel for 2020E
  • Exhibit 44: UK Pet Food Market Breakdown by Leading Competitors: 2019
SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA
  • Pet Foods Market in Australia
INDIA
  • Pet Care Market in India: An Overview
  • COVID-19 Dampens Consumer Demand for Pet Care Services and Products in India
  • Rising Pet Ownership to Sustain Demand for Pet Foods in India
SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL
  • Impact of COVID-19 on Pet Sector in Brazil
MEXICO
  • Impact of COVID-19 on Mexican Pet Food Suppliers
  • COVID-19 Leads to Price Reduction of Premium Products
  • Online Pet Food Retailing Set to Grow
REST OF LATIN AMERICA

MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 197
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Ancol Pet Products Limited
  • Blue Buffalo Co., Ltd.
  • Champion Petfoods LP
  • Hill`s Pet Nutrition, Inc.
  • Mars Incorporated
  • Nestle Purina PetCare
  • Petmate
  • Saturn Petcare GmbH
  • Tail Blazers
  • The Hartz Mountain Corporation
  • The J.M. Smucker Company
  • Unicharm Corporation
Note: Product cover images may vary from those shown
Adroll
adroll