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Pet Fitness Care Market - By Component, By Pet Type – Global Forecast, 2024 – 2032
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Pet Fitness Care Market
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Premium Report Details
Base Year: 2023
Companies covered: 13
Tables & Figures: 143
Countries covered: 20
Pages: 139
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Pet Fitness Care Market Size
The global pet fitness care market was valued at USD 5.9 billion in 2023 and is estimated to grow at a CAGR of 6.4% from 2024 to 2032. The market is witnessing strong growth due to advancements in pet healthcare technology, including fitness trackers and health-monitoring software that enable owners to monitor their pets' activity levels and health.
Additionally, expanding distribution channels for pet fitness products provides easy access to equipment such as treadmills, agility products, and other fitness items from home, benefiting pet owners in remote areas or with mobility challenges and supporting timely, preventive care for their pets.
Furthermore, with rising animal healthcare expenditure and, an increase in pet ownership rates, there has been a corresponding surge in expenditure on veterinary services, medications, treatments, and specialized care to safeguard the health and welfare of companion animals. Thus, this increasing popularity of pet wellness trends and initiatives by veterinary organizations to promote exercise and agility training encourages pet owners to invest in regular fitness services and products, boosting the market.
Pet fitness care involves maintaining a pet’s physical health through specialized services and equipment. It includes physio assessments, agility and gym sessions, aquatic therapy, outdoor fitness exercises, and yoga classes to enhance mobility, strength, and mental well-being. Equipment like treadmills, agility gear, and balance trainers aid in structured exercise routines. Advanced software also supports tracking fitness progress and health metrics.
Pet Fitness Care Market Trends
Pet obesity leads to various health complications, including joint problems, diabetes, and shortened lifespans. Pet owners are increasingly prioritizing pet care practices. Intense awareness, often supported by veterinary advice and public health campaigns, has led to higher demand for fitness products and services designed to maintain healthy pet weights.
Consequently, the market for pet fitness equipment, activity monitoring devices, and specialized wellness programs is expanding as owners seek effective ways to manage their pets’ health.
Pet Fitness Care Market Analysis
Based on component, the market is segmented into services, equipment, and software. The services segment dominated the market and is anticipated to grow at 6.6% CAGR over the forecast period. The services segment is further categorized into agility & gym sessions, outdoor fitness exercises, physio assessments, aquatic sessions, yoga classes, and other services.
Based on the pet type the pet fitness care market is categorized into dogs, cats, and other pets. The dogs segment accounted for the highest market share of 72.2% in 2023.
In 2023, the U.S. held a leading position in the North American pet fitness care market and is projected to maintain this dominance throughout the forecast period, with a CAGR of 6.1%.
China has experienced the fastest growth in the pet fitness care market within the Asia-Pacific region.
Germany held a prominent position in the Europe pet fitness care market.
Saudi Arabia is poised to grow at a significant growth rate of 6.4% in the Middle East and Africa pet fitness care market.
Pet Fitness Care Market Share
The pet fitness care sector is characterized by intense competition, with major global corporations and small to medium-sized enterprises actively vying for market leadership. A key aspect of market strategy is the ongoing introduction of innovative products that utilize various technologies. Leading companies in the industry propel innovation through significant investments in research and development. Moreover, strategic partnerships, acquisitions, and mergers further strengthened the market positions and broadened global reach.
Pet Fitness Care Market Companies
Few of the prominent players operating in the pet fitness care industry include:
Pet Fitness Care Industry News
The pet fitness care market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments:
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Market, By Component
Market, By Pet Type
The above information is provided for the following regions and countries: