Pet Care Market Analysis : CAGR and USD Revenue Assessment by Region 2021-2030

The global pet care market size is expected to reach $269,497.5 million by 2030 at a CAGR of 6.2% from 2021 to 2030.

In 2020, the U.S. was the most prominent market in North America, and is projected to reach $58,666.2 million by 2030, growing at a CAGR of 5.3% during the forecast period.”

— Allied Market Research

WILMINGTON, DELAWARE , UNITED STATES, August 22, 2024 /EINPresswire.com/ -- The growth of the global pet care market is driven by surge in urbanization and shift toward nuclear families in emerging countries along with rapid growth of the pet shops. However, high death rate of pets and stringent government norms on the production of pet food hamper the market growth. On the other hand, the growing popularity of pet cafes creates lucrative opportunities in the coming years.

The global pet care market is expected to reach $269,497.5 million by 2030, at a CAGR of 6.2% from 2021 to 2030.

📚 𝐃𝐨𝐧'𝐭 𝐦𝐢𝐬𝐬 𝐨𝐮𝐭 𝐨𝐧 𝐲𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/A06512

𝐓𝐡𝐞 𝐝𝐫𝐲 𝐟𝐨𝐨𝐝 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝 𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐨𝐮𝐭 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝
On the basis of product type, the dry food segment contributed to the highest market share in 2020, holding nearly one-third of the global pet care market, and is expected to dominate throughout the forecast period, as it offers sufficient nutrition to the pets and is good for dental and oral health. On the other hand, the cat litter segment is registered to grow at the highest CAGR of 7.9% from 2021 to 2030, owing to surge in adoption of cats as pets across the globe.

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐋𝐞𝐚𝐝 𝐭𝐡𝐞 𝐓𝐫𝐚𝐢𝐥 𝐛𝐲 2030
On the basis of region, North America contributed to the largest market share in terms of revenue 2020, holding more than one-third of the global pet care market, attributed to rise in pet health awareness. However, the market across the Asia-Pacific region is anticipated to manifest the fastest CAGR of 7.0% during the forecast period, owing to trend of nuclear families, apartment-culture, and need of companionship.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐟𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬
The report provides an extensive analysis of the current and emerging pet care market trends and opportunities.
The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing pet care market opportunities in the market.
The pet care market forecast is offered along with information related to key drivers, restraints, and opportunities.
The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

𝐃𝐨 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 https://www.alliedmarketresearch.com/purchase-enquiry/A06512

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
General Mills, Inc.
Petlife International Ltd.
Schell &Kampeter, Inc.
Thai Union Group Plc
The J.M. Smucker Company
Unicharm Corporation
Beaphar, B.V.
Colgate Palmolive Company
EBOS Group Limited
Heristo AG
Nestle SA
Pet AG
PetEdge
Versele-Laga N.V.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐀𝐌𝐑’𝐬 𝐄𝐱𝐭𝐞𝐧𝐬𝐢𝐯𝐞 𝐨𝐧𝐠𝐨𝐢𝐧𝐠 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞 𝐨𝐧 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐚𝐧𝐝 𝐆𝐨𝐨𝐝𝐬 𝐃𝐨𝐦𝐚𝐢𝐧
𝐇𝐲𝐚𝐥𝐮𝐫𝐨𝐧𝐢𝐜 𝐀𝐜𝐢𝐝 𝐒𝐞𝐫𝐮𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/hyaluronic-acid-serums-market-A14460
𝐄𝐲𝐞 𝐒𝐡𝐚𝐝𝐨𝐰 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/eye-shadow-market-A16914

David Correa
Allied Market Research
+1 800-792-5285
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