US Pet Care Market

“US Pet Care Market Research Report and Forecast 2023-2028” provides a deep and thorough evaluation of the pet care market in the United States on the basis of pet type (Dog, Cat, Fish and Birds) and product type (Pet Food, Pet Accessories and Grooming). Pet care is undertaken by pet parents to improve life expectancy, maintain a healthy weight, minimize digestive disorders, and reduce the risk of skin ailments and allergies among their pets. It is facilitated by adequate food, hygiene and veterinary and grooming services. At present, the growing knowledge of animal well-being and rising number of pet parents are catalyzing the demand for pet care products across the US. It can also be attributed to the rising pet humanization trend, increasing focus on preventive pet care and the growing willingness of pet parents to ensure their pets in the country.

The rising life expectancy of pets represents one of the key factors propelling the demand for pet care in the US. Moreover, the increasing adoption of companion animals, including fish, birds, cats, and dogs, is catalyzing the demand for pet care products, such as brushes, toothpaste, grooming wipes, shampoos and conditioners, pet comb, tick repellent, treat and snacks, and shower and bath accessories. In addition, stringent regulations associated with importing of animals for sale, which includes standards for handling, care, treatment, and transportation, are catalyzing the demand for pet care products in the country. Besides this, pet parenting is associated with several health benefits, such as increasing opportunities for exercising and performing outdoor activities and better cognitive function in older adults, which is driving the sales of different pet care products and services in the US. Moreover, the shifting preferences of pet parents towards feeding plant-based and nutritious food items are offering lucrative growth opportunities to key market players for introducing vegan and vegetarian food items. Additionally, the rising traction of animal toys and increasing demand for premium animal hygiene products are bolstering the market growth in the country. In addition, the development of technologically enabled animal care solutions that facilitate real-time diagnoses and treatment is creating a favorable market outlook. Furthermore, developed infrastructure facilities, such as hospitals and private clinics, are supporting the usage of pet care products across the US.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the US pet care market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the US pet care market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the US pet care market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the US pet care industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the US pet care industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the US pet care industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the US pet care industry. Furthermore, the value chain analysis of the US pet care industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.

US Pet Care Market Key Segments

Segmentation by Pet Type

• Dog
• Cat
• Fish
• Birds

Segmentation by Product Type

• Pet Food
• Pet Accessories
• Pet Grooming

The price margins for the products along with various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the US pet care industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the US pet care market by analyzing the threats posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the pet care industry. Furthermore, the value chain analysis of the pet care industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Key questions answered in the report include

• What is the historical and current scenario of the US pet care market?
• What are the trends and developments in the US pet care market?
• What is the market forecast of the US pet care market during 2023-2028?
• What is the price analysis and forecast of the US pet care market?
• What is the Porter’s five forces analysis of the US pet care market?
• What is the SWOT analysis for the US pet care market?
• What is the value chain analysis of the US pet care market?

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the pet care industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analyzed and presented in the form of easily comprehensible charts, graphs and tables