The Pet Industry: Food, Accessories, Health Products & Services

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May 26, 2015, 05:30 ET

MUMBAI, May 26, 2015 /PRNewswire/ --

The U.S. market for pet care products and services totaled nearly $56.4 billion in 2014. This market is projected to approach $61.4 billion in 2015 and $69.4 billion by 2020, registering a compound annual growth rate (CAGR) of 2.5% through 2020.

This report provides:

An overview of the global pet industry, specifically pet food, accessories, health products, and services.
Analyses of global market trends, with data from 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020.
A look at key export markets for the U.S. pet industry.
Analysis of the market's dynamics, specifically growth drivers, inhibitors, and opportunities.
Evaluation of increasing international markets and their impact on U.S. manufacturers and retailers.
Profiles of major players in the industry.

Introduction

Reasons for this study and its Importance

The pet industry is a major segment of the U.S. economy. In 2014, American pet owners spent more than $56 billion on their small companions, a figure that is expected to approach $70 billion by 2020. Since BCC Research published its last report on the pet industry in 2010, continued growth in all segments has provided an opportunity for both existing players and new entrants. A growing number of players, as well as consolidation among manufacturers, retailers, and service providers, and globalization of the American economy have transformed the maturing pet industry into a dynamic, highly competitive environment. This BCC Research report analyzes these new developments and their potential impact on the future of the pet industry.

Objectives of this study and its contribution

The objective of this research is to provide a comprehensive analysis of all segments of the pet industry in the U.S. and to forecast future trends. The study analyzes developments in all animal segments, including dog, cat, bird, fish, small mammal, and reptile products. Due to the increasing importance of international markets for U.S. manufacturers and retailers, the report includes an analysis of global trends, with an overview of key export markets for U.S. pet products.

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The Audience for this report

The report is intended for executives and consultants in the pet food, pet supplies, veterinary, and other pet service segments. It will also be of interest to financial analysts, venture capitalists, and investors.

Scope and Content of the report

This report covers the market for pet food, pet services, and pet supplies in the U.S. and analyzes major foreign markets for U.S. pet products. The report is divided into the following eight sections:

Introduction
Summary
Pets and Their Owners
Pet Industry Overview
Pet Food Segment
Pet Services Segment
Pet Supplies Segment
International Aspects

In addition, the report contains an appendix listing the major trade and professional organizations that are concerned with the pet care industry in the United States and selected foreign markets.

Table of Content

Chapter- 1: INTRODUCTION - Complimentary

Reasons for this study and its complimentary

Objectives of the study and its contribution

The audience for this report

Scope and content of the report

Methodology and information sources

Analyst's and credentials

Chapter- 2: Executive Summary

Table Summary : U.S. Market for Pet care products and services by segment, through 2020
Figure Summary : U.S. Market for Pet care products and services by segment, 2014-2020

Chapter- 3: Pets and their owners

Definition of Pets

Pet ownership trends in the U.S.

Consumer expenditure on Pets

Profile of the Best customer

Consumer attitudes toward Pets

Chapter- 4: Pet industry overview

Forces shaping the industry

Chapter- 5: Pet food

Dog and Cat food

Other Pet foods

Regulation of the Pet food Industry

Chapter- 6: Pet Services

Veterinary services

Other Pet services

Consolidation of the Pet services segment

Chapter- 7: Pet Supplies

Definition of Pet supplies by product category

Pet supplies sector structure

Dog and Cat supplies

Fish supplies

Bird supplies

Small mammal and reptile supplies

Consumer trends in Pet supplies

Trends in distribution channels

Government regulation

Chapter- 8: International Aspects

Globalization of Pet care markets

Global market

Selected major markets

Chapter- 9: Appendix: U.S. -Based Pet Industry Associations and foreign-Based Pet Industry Associations

Table41 : U.S. -Based Pet Industry Associations

Table42 : Foreign-Based Pet Industry Associations

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