Tag Archives: Pet Care Market Research

Pet Care Industry: Future Demand, Market Analysis & Outlook to 2027

Market Research Future adds new report of “Global Pet Care Market Research Report- Forecast to 2027” it contains Company information, geographical data and Table of Content

Market Segments:

Segmentation by Application

  • Segmentation for Pet Care market involves the following Applications such as Pets: Dog Care, Bird Care, Cat Care, Fish Care, Others
  • Segmentation by Product and Service
  • Segmentation for Pet Care market involves the following Product Types: Pet Food, Pet Healthcare

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Market Highlight:

Pet Care Market: Southeast Asia Industry Analysis and Opportunity Assessment 2014 – 2020

The SEA (Thailand, Malaysia, Indonesia, Singapore, Philippines, and Vietnam) Pet Care Market is expected to witness significant growth, by registering a robust growth of nearly 6.8% by 2020. Increasing concern towards pet’s health and demand for luxury products is an equivalent contributor to the total Southeast Asia Pet Care Market growth. Dog food, Cat food, product variants at affordable prices are among the prominent factors driving the demand for pet care market across Southeast Asia. Also, an influx of new products in veterinary services specifically for dogs and cats by key players such as Merck Animal Health is expected to bolster the market growth thereby increasing competitiveness in the market. Geographically, Thailand represents a huge market potential followed by Malaysia wherein Philippines and Vietnam have vast potential for pet care market growth and development.

Worldwide Pet Care Market Key Vendors, Trend, Analysis, Segmentation, Growth and Forecast to 2027

Market Scenario

New trends of nuclear families and increasing average income among individuals have resulted in increased adoption among middleclass families as well. Increased awareness regarding animal cruelty has also influenced people awareness and ideologies towards animals

As per reports the global pet care market showed a growth of about 4% in 20015, approximately US$ 70 billion. Rise in the income levels of individuals according to recent trends is leading to the increase in the number of pet adoption which ultimately leads to increase in the demand of Pet Care.

Segments

Segmentation by Application