Pet Care Market to grow by USD 72.82 Billion from 2022 to 2027 | Increasing pet ownership boosts the market growth - Technavio

NEW YORK, Aug. 17, 2023 /PRNewswire/ -- The pet care market size is estimated to grow by USD 72.82 billion from 2022 to 2027. The market is estimated to accelerate at a CAGR of 6%, according to Technavio. Download a Sample Report Now!

Pet Care Market Insights -

• Companies: 15+, Including 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 among others.
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and company landscape; company product insights and recent developments; key companies; and market positioning of companies.
• Segments: Application (Dogs, Cats, and Others), Product (Food, Accessories, and Grooming), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

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Pet Care Market - Company Insights

The growing competition in the market is compelling companies to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market companies including 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 among others.

Pet Care Market – Market Dynamics

Major Drivers - The rising pet ownership drives the market growth during the forecast period. 

Significant Trends - The rising popularity of customization in pet care products is a primary trend in the market during the forecast period. 

Key Challenges - The rising competition for pet care products is a significant challenge hindering the market growth during the forecast period. There is intense competition in the global pet care product market with several market players offering a wide variety of products and services. Additionally, the advent of an e-commerce platform has made it easier for new market players to enter the market. But in order to sustain in the competitive market businesses need to increase their investments in R&D marketing, and branding to develop cutting-edge products to meet the changing consumer demands. Hence, it has become difficult for market players to obtain profit from such a competitive market which is negatively impacting market growth. hence, such factors are expected to hinder market growth.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The pet care market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this Pet Care Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the pet care market between 2023 and 2027
• Precise estimation of the pet care market size and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the pet care market across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of pet care market companies.

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Table of Contents

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 focus on emerging market trends and provide 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 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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