Pet care : Global Market Intelligence ( 2023-2030 )

Report Code : SMFODN24527
Published : 31-03-2024
Pages : 70+

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REPORT OBJECTIVES
The report Pet care : Global Market Intelligence ( 2023-2030 ) provides market intelligence on the different market segments, based on Product Type, Animals, End use, Region, Company etc. Market size and forecast (2020-2030) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through detailed segmentation, 2) market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends, 3) detailed analysis of current dynamics and trends, key market players, and strategies in the market, 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants, 5) provide emerging opportunities in the market and the future impact of major drivers and restraints of the market and, 6) support decision makers in making cost-effective business decisions.

RESEARCH METHODOLOGY
In our market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Extensive primary research was also carried out by interviewing the key executives from the industry. These interviews helped us to fill-in the data gaps after secondary research. Several secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive techno-commercial study. The respondents – selected experts from manufacturers and selected suppliers – have been interviewed to obtain and verify critical information as well as to assess the future prospects. The usage of obtained information is based on the perceived reliability by the research team. In many cases, a combination of several sources was used. Sprout Intelligence provides an in-depth analysis of the market segmentation, which is a critical element of the market intelligence reports at Sprout Intelligence.

KEY AUDIENCE
Executives in marketing, strategic planning and new product development will find such discussions in our reports pertinent and useful. Management consultants, investment bankers, manufacturers, distributors, suppliers, and regulatory authorities are amongst our regular clientele served.

DATA SOURCES
The general data sources used in this report are company websites, trade association publications, regulatory authorities, journals, magazines, news websites, press releases, media publications, interaction with industry experts, company executives, research papers, articles, patents, scientific literature, among many others.

KEY FINDINGS FROM THE REPORT
• The Pet care market was valued at $225,840.0 Million in 2019, and is projected to reach $320,919.6 Million by 2028 growing at a CAGR of 5.06% from 2020 to 2028.
• Pet Food segment is expected to be the highest contributor to this market, with $91,286.5 Million in 2019, and is anticipated to reach $136,143.1 Million by 2028, registering a CAGR of 5.63%.
• Pet Food and Pet Care Products segments collectively expected to account for about 75.1% share of the Pet care market in 2019, with the former constituting around 40.4% share.
• Pet Food and Pet Care Products segments are expected to witness significant growth rates at a CAGR of 5.63% and 5.38% respectively, during the forecast period.
• Presently, share of these two segments is estimated to be around 75.1% in the overall Pet care market in 2019, and is anticipated to reach 78.1% by 2028.
• The global pet care market is being propelled by the growing trend of pet humanization, where pets are increasingly considered as integral members of the family, driving demand for premium pet products and services.
• Concurrently, the rise in dual-income households and urbanization has led to increased disposable incomes and a shift towards pet ownership, creating opportunities for market expansion and innovation in pet care offerings to cater to the diverse needs and preferences of pet owners worldwide..

1. Report Introduction
1.1. Report Description
1.1.1. Research Methodology
1.1.2. Report Objectives
1.1.3. Data Sources
1.2. Acronyms / Abbreviations
1.3. Assumptions
1.4. Limitations
2. Executive Summary
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8. Appendix
8.1. Disclaimer
8.2. About Sprout Intelligence

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