Global Pet Products Market 2024

Description

The global pet products market size is projected to grow by USD 20.2 billion from 2024 to 2029, registering a CAGR of 5.4 percent, according to the latest market data. The pet products industry has experienced significant growth due to various socioeconomic influencers. Chiefly, the proclivity toward anthropomorphism in perceiving pets as familial members has increased expenditures on accessories and goods catering to their wellness and pleasures.

Concurrent demographic shifts have also contributed to market expansion. The prevalence of nuclear family structures coupled with dwindling birth rates have encouraged individuals and couples to regard pets as substitutes for children, thus heightening spending on premium pet foods, veterinary services and other goods.

Technological progress has further catalyzed innovation within the sector. Tailored pet foods addressing specified nutritional requirements, wearable health monitors, and intellectually stimulating toys that align with evolving consumer demands represent innovations aimed at satisfying pets’ needs. Simultaneously, the ascent of e-commerce has facilitated the convenient procurement of pet items, enhancing consumer convenience and market accessibility.

The emergence of humanization as a dominant cultural paradigm has additionally driven proliferation across the industry. This phenomenon encompasses an anthropomorphized perspective of animals in tandem with amplified recognition of their emotional and physical conditions. Consequently, consumers increasingly procure products that prioritize pets’ holistic welfare spanning domains such as nutrition, healthcare and environmental enrichment.

This report provides a thorough assessment of the Global pet products industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, pet type, distribution channel, and region. Through this detailed assessment, the report helps uncover the growth potential of the pet products industry.

Market Segmentation

The pet products market in Global is categorized into the following segments:
Product type: grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, others
Pet type: cat, dog, others
Distribution channel: supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, North America

The global pet products market is segmented on the basis of product type, pet type, distribution channel, and region. On the basis of product type, the global pet products market has been segmented into grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, and others. By pet type, the global pet products market has been segmented into cat, dog, and others. Based on distribution channel, the global pet products market is categorized into supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, and others. Geographically, the global pet products market is also segmented into Asia Pacific, Europe, Latin America, Middle East and Africa, and North America.

Competitive Landscape

The global pet products market is highly competitive. The pet products market is dominated by key players, which are Bark & Co. (Barkbox Inc.), Beaphar B.V., Boehringer Ingelheim Auslandsbeteiligungs GmbH, Central Garden & Pet Company, Church & Dwight Co. Inc., Doskocil Manufacturing Company Inc., Elanco Animal Health Incorporated, Ferplast S.p.A., H. von Gimborn GmbH, Kent Corporation, Laroy Group NV, Mars Incorporated, Martin Sellier S.A.S., Nestle S.A., Nutramax Laboratories Veterinary Sciences Inc., Oil-Dri Corporation Of America, Perrigo Company PLC, Pet Beheer B.V., PetIQ Inc., Pets Choice Limited (Bob Martin), Pets Choice Limited (Bob Martin), Rinaldo Franco S.p.a., Rolf C. Hagen Inc., Sensen Group Co. Ltd., Spectrum Brands Holdings Inc., The Clorox Company, The Wahl Clipper Corporation, Trixie Heimtierbedarf GmbH & Co. KG, Unicharm Corporation, Virbac S.A., Vitakraft pet care GmbH & Co. KG, Zoetis Inc., Zolux S.A.S.

This report provides a comprehensive analysis of the key players in the Global pet products market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Global pet products market.
Gain deep insights into the dynamics of the Global pet products market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Global pet products market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewGlobal pet products market – product type analysis
Global pet products market – pet type analysis
Global pet products market – distribution channel analysis
Global pet products market – region analysis
Key players and market share
– Bark & Co. (Barkbox, Inc.)
– Beaphar B.V.
– Boehringer Ingelheim Auslandsbeteiligungs GmbH
– Central Garden & Pet Company
– Church & Dwight Co., Inc.
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Global pet products market 2019-2029
Chart Global pet products market, net growth, 2019-2029
Chart Global pet products market, growth rates, 2019-2029
Table Global pet products market by product type, 2019-2029
Chart Global pet products market by product type, CAGR historic and forecast, 2019-2029
Chart Global pet products market by product type, 2019-2029
Table Global pet products market by pet type, 2019-2029
Chart Global pet products market by pet type, CAGR historic and forecast, 2019-2029
Chart Global pet products market by pet type, 2019-2029
Table Global pet products market by distribution channel, 2019-2029
Chart Global pet products market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Global pet products market by distribution channel, 2019-2029
Table Global pet products market by region, 2019-2029
Chart Global pet products market by region, CAGR historic and forecast, 2019-2029
Chart Global pet products market by region, 2019-2029
Table Global pet products market share (%), by companies, 2019-2023
Chart Global pet products market, by companies, 2023
Table Global pet products market share (%), by brands, 2019-2023
Chart Global pet products market, by brands, 2023
Table Global – population (millions) and forecast
Table Global – consumer price index (CPI) and forecast
Table Global – gross domestic product and forecast
Table Global pet products market: spend as a proportion of GDP (%)
Table Global pet products market: consumption per capita (population)