Petcare Industry Statistic and Scope

1
PETCARE INDUSTRY Statistic and Scope
2
The Global Pet Care Market
Pets have always had a special place in our
hearts and as the trends indicate this space has
only been increasing. The pet care industry has
seen a gradual growth over the years. It has also
been predicted that it will grow at a CAGR of
4.9.
According to a report, the global pet market size
was estimated to be at USD 131.70 billion in
2016. The high demand of pet care, grooming and
boarding services can be associated with this
growth. A rise in adoption can also be a reason
for this.
3
Global Market Share
USA has been leading the pet care market, but
other countries are not far behind. This can be
attributed to the fact that more people are
opting to have pets and are also more aware of
pet healthcare and wellness. There has been an
increase in the number of government animal
healthcare organisations as well.
12.2
Growth Rate of Indias Pet Care Market
4
Millenials and Pets
84
Pet parents said that they show more affection to
their pets rather than their partner
Perceptions have changed with the changing times.
Millenials are choosing animals over children
till they are better settled. A large number of
Americans feel like their pets are part of their
family.
5
What are pet parents spending on?

• Pet food held the largest market share in the
  year 2016, with an expected CAGR of 4.6.
• There have been advancements in the veterinary
  care services owing to a significant rise of
  5.2.
• The grooming and boarding services are also on a
  rise all over the world and has been growing at a
  significant rate of 5.9.

6
Growing demand for ancillary pet products

• The growth in the pet healthcare industry is
  mainly determined by the mindset that people have
  and this has been evolving over the years. Thus,
  the demand for ancillary pet services have also
  increased, such as-
• Grooming
• Boarding
• Pet specific cafes/ parks
• Pet parents are more focused on the overall
  development of their pets which involves better
  grooming as well as a better environment to live
  in. Nowadays, pet parents are ready to go the
  extra mile for their pets, this is not just
  restricted to their basic needs. Because of this,
  it has triggered the opening of a lot of
  secondary services for pets related to healthcare
  such as grooming salons, at-home medical services
  etc

7
Where do dogs stand?
1.6 mil
44
Of American households have a dog
Dogs are adopted every year according to the ASPCA
There has been a rise in adoption rates with
growing awareness among people about the benefits
of having pets. Dogs take the top spot here. The
increase in adoption also drives an increase in
food, supplies and healthcare. Within this market
dogs and cats have the largest share.
8
Scope of the petcare industry
For 2019 it is estimated that 75.38 billion
dollars will be spent on pets in the US
itself. Overall the petcare industry is expected
to grow over the years across the globe.
Developing countries will also see a rise as
the amount of disposable income available is
increasing. There is a lot of untapped potential
within this market that is showing a global
positive growth
9
Try Dogsee Chew! We, at Dogsee, offer handcrafted
100 natural, grain-free dog treats. Smoked and
sun-dried to perfection for over 35 days for
extra hardness and rich flavor, these chews are a
natural favourite of canines across the world. An
epitome of commitment and care for your beloved
pet friend, Dogsee Chew offers healthy Himalayan
Cheese Dog Treats that are free from
preservatives and artificial flavoring. Hence,
when it comes to Dogsee, youre holding not just
another bag of dog treats, but also a promise to
your pets, that youll always give them nothing
but the best.