Vietnam Pet Products Market 2024


Market Overview

The pet products market in Vietnam is anticipated to increase by USD 11.8 million till 2029 at an average annual growth of 9.5 percent as per the latest market estimates. The burgeoning pet products industry has witnessed substantial proliferation in recent years, propelled by a multitude of socioeconomic and cultural catalysts. Paramount among these is the escalating tendency toward anthropomorphism and the perception of domesticated animals as members of the familial unit. This phenomenon has fostered an increased proclivity for pet owners to lavish expenditures on accoutrements and provisions intended to cater to the comprehensive well-being and indulgences of their animal companions.

Concomitantly, a discernible shift in demographics has contributed to this market’s expansion. The prevalence of nuclear families, coupled with declining birth rates, has engendered a proclivity among couples and individuals to regard pets as surrogates for offspring, resulting in heightened expenditures on premium pet foods, veterinary services, and auxiliary products. Moreover, the augmentation of disposable incomes, particularly within urban cosmopolitan locales, has rendered pet ownership a more financially viable prospect for a broader stratum of the population.

The report provides a comprehensive overview of the Vietnam pet products industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, pet type, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the pet products industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the pet products industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The pet products market in Vietnam is segmented as below:
Product type: grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, and others
Pet type: cat, dog, and others
Distribution channel: supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, and others

The Vietnam pet products market is segmented on the basis of product type, pet type, and distribution channel. On the basis of product type, the pet products market in Vietnam 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 pet products market in Vietnam has been segmented into cat, dog, and others. Based on distribution channel, the pet products market in Vietnam is categorized into supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, and others.


Competitive Landscape

As of 2023, the major players in the Vietnam pet products market were Hoang Anh Co. Ltd., Boehringer Ingelheim Auslandsbeteiligungs GmbH, Virbac S.A., JBL GmbH & Co. KG, sera GmbH, Mars Incorporated.

The report is an indispensable tool for companies and organizations operating in the pet products industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the pet products market.


Why Buy This Report?

Provide statistical data or estimations for the Vietnam pet products market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the pet products market in Vietnam
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the pet products market in Vietnam looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Vietnam Pet Products Market – Product Type Analysis
3.1 Grooming products
3.2 Pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others)
3.3 Stain & odor control products
3.4 Others
4. Vietnam Pet Products Market – Pet Type Analysis
4.1 Cat
4.2 Dog
4.3 Others
5. Vietnam Pet Products Market – Distribution Channel Analysis
5.1 Supermarkets and hypermarkets
5.2 Pet stores
5.3 E-commerce
5.4 Veterinary hospitals
5.5 Others
6. Company Profiles
6.1 Hoang Anh Co., Ltd.
6.2 Boehringer Ingelheim Auslandsbeteiligungs GmbH
6.3 Virbac S.A.
6.4 JBL GmbH & Co. KG
6.5 sera GmbH
6.6 Mars, Incorporated
DISCLAIMER


Companies Mentioned

Hoang Anh Co., Ltd.
Boehringer Ingelheim Auslandsbeteiligungs GmbH
Virbac S.A.
JBL GmbH & Co. KG
sera GmbH
Mars, Incorporated


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