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Pet Care Market Size

  • Report ID: GMI3387
  • Published Date: Nov 2022
  • Report Format: PDF

Pet Care Market Size

Pet Care Market size was valued at USD 280 billion in 2022 and is expected to witness more than 7% CAGR from 2023 to 2032. The surging expenditure on animal healthcare owing to the increasing incidences of zoonotic diseases and the rising income levels will spur the industry demand.

 

Pet owners across the globe have been undertaking numerous efforts to offer quality care to their pets. This can be attributed to the increasing pet humanization and the presence of favorable reimbursement policies, resulting in increased pet care expenses, thus driving market size.
 

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for pet care garnered revenues of over USD 280 billion in 2022 and is projected to observe more than 7% CAGR from 2023 to 2032 owing to a noticeable surge in animal healthcare spending and the rising prevalence of zoonotic diseases.

Pet care products is expected to drive over USD 145 billion by 2032, driven by the increasing animal healthcare concerns and a considerable rise in infectious diseases in pets.

Store segment amassed over 65% market share in 2022 due to a dense and embedded network across several economies and increasing investments in setting up new brand outlets.

Major companies in the pet care market are Blue Buffalo Pet Products, Inc, Petco Animal Supplies, Inc., Ancol Pet Products Limited, Petmate Holdings Co, Champion Petfoods,, Heristo akteingesellschaft, Mars, Inc., Nestle Purina PetCare (Nestle SA), PetSmart, Inc., J.M. Smucker, Freshpet, Zoetis, and others.

Pet Care Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 482
  • Countries covered: 29
  • Pages: 298
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