Research and Markets published a new "Global Pet Care" report with pet care market analysis and forecasts to 2015.
A Global Pet Care industry profile provides qualitative and quantitative summary information on market share and market size; profiles of leading pet product companies, including Mars Inc., Nestle and Proctor & Gamble Company; an analysis of pet care market trends and more.
According to the report, the pet care market, which is comprised of retail sales of cat care, dog care, other pet care and pet healthcare products, generated total revenues of US$80.3 billion in 2010, representing a compound annual growth rate of 4.3 percent from 2006-2010. Dog care sales were the most profitable in the global pet care market in 2010, generating total revenues of US$29.2 billion or 36.3 percent of the market's total value. The report forecasts a slowdown in the 2010-2015 period at an anticipated compound annual growth rate of 3.8 percent and a market value of US$97 billion in 2015.
The report can be purchased online.
Learn about more companies and how they are lending a helping paw and claw to their own cause campaigns
The company builds on its boutique business with three new lines for pet stores, including baked dog food and treats
Aunt Jeni's Home Made promotes the health and longevity of pets with their natural and raw lines of products
Public meetings invited comments and provided updates
The intent was to educate regulators and industry about the Model Pet Food Regulations
Committees discussed key proposals such as a possible shift in the oversight of animal feeds
Read more of Dr. Mukund Parthasarathy's insights on the changing petfood retail market and how it affects petfood manufacturers large and small
While petfood shoppers continue to show strong brand loyalty, pet products have not been immune to the store brand swing
As an industry, are we missing a huge opportunity to take advantage of another aspect of the human-pet bond?
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