Industry analysis and forecast (2019-2026) – unica news

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The global pet care market was valued at US $ XX billion in 2018 and is expected to reach US $ XX billion by 2026, with a CAGR of XX% during a forecast period.

The pet care market is predominantly comprised of pet health care and pet food on a global platform. Pet owners use quality food products and creative pet care products to care for their pets. This has dramatically increased the spending limit of pet owners in the industry thereby adding to the growth of the global market. As pet owners accept their pets as family members due to changing cultural and socio-economic factors, the market is expected to experience significant growth. Besides the factors mentioned above, the increase in disposable income of pet owners belonging to the middle income group and the growing trend of nuclear family are expected to lay a solid foundation for the advancement of the market.

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The report study analyzed the revenue impact of the covid-19 pandemic on the sales revenue of market leaders, market followers and disruptors in the report and this is reflected in our analysis.

The global pet care market may find obstacles in its growth path caused by strict cultural and government regulations, a growing incidence of pet allergies, and rising prices for pet care products.
The pet food segment is estimated to hold major market share during the forecast period, followed by pet grooming products. Controlling the harmful effects of food in the form of disease and allergies is necessary for the growth of the pet food industry.

Globally, in Asia-Pacific, strong economic growth and rising household incomes are expected to increase consumer spending on pet care products in Asia-Pacific. In emerging economies, increasing spending capacity and high internet penetration are changing the way consumers shop for pet care products. The growth of government animal health organizations and the growing awareness of veterinary health are driving the market growth in developed economies. In emerging economies, the market growth is attributed to the increase in the number of pets and the increase in spending on premium pet care products, such as accessories and food. In addition, consumers in the developed region treat their pets like family and are willing to spend generously on them. Factors such as premiumization of pet care products are expected to drive the market growth during the forecast period.

With regard to the numerous micro and macroeconomic aspects that make the difference in the international pet care market, the report predicts the growth factors and their impact for the forecast period 2018-2026. Interested parties also have access to the current and future market scenario as the study focuses on the prevailing trends and market size until the end of the forecast period. Overall, the report offers a comprehensive market analysis to help make informed business decisions and gain preliminary visibility of the future market.

The objective of the report is to present a comprehensive assessment of the market and contains information, facts, historical data, industry validated market data, and projections with an appropriate set of assumptions and methodology. The report also helps in understanding the dynamics and structure of the global Pet Care market by identifying and analyzing market segments and projecting the size of the global market. In addition, the report also focuses on the competitive analysis of major players by product, price, financial position, product portfolio, growth strategies and regional presence. The report also provides PEST analysis, PORTER analysis and SWOT analysis to address the issue of shareholders to prioritize efforts and investments in the near future for the emerging segment of the global pet care market.
Scope of the Global Pet Care Market

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Global Pet Care Market, By Type

• Dog care
• Cat care
• Fish care
• Bird care
• Others
Global Pet Care Market, By Product Category

• Animal food
• Grooming / boarding for animals
• Accessories
• Others
Global Pet Care Market, By Distribution Channel

• Offline retail stores
• Online retail stores
Global Pet Care Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in the global pet care market

• Ancol Pet Products Limited
• Blue Buffalo Pet Products Inc.
• Central Garden & Pet Company
• Champion Pet Foods
• Heristo AG
• Kong Company
• Mars Inc.
• Nestle SA
• Petco Animal Supplies Inc.
• Petmate Holdings Co.
• PetSmart Inc.
• The Colgate-Palmolive company

BIG TOC OF THE REPORT

Chapter One: Pet Care Market Overview

Chapter Two: Manufacturer Profiles

Chapter Three: Global Pet Care Market Competition, By Players

Chapter Four: Global Pet Care Market Size by Regions

Chapter Five: North America Pet Care Revenue by Countries

Chapter Six: Europe Pet Care Revenue by Country

Chapter Seven: Asia-Pacific Pet Care Revenue by Countries

Chapter Eight: South America Pet Care Revenue by Countries

Chapter Nine: Middle East & Africa Pet Care Products by Countries

Chapter Ten: Global Pet Care Market Segment by Type

Chapter Eleven: Global Pet Care Market Segment by Application

Chapter Twelve: Global Pet Care Market Size Forecast (2019-2026)

Browse Complete Report With Facts & Figures of Pet Care Market Report at: https://www.maximizemarketresearch.com/market-report/global-pet-care-market/31345/

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