Euromonitor International offers a report that analyzes the global market for pet specialty retailers.
Pets are becoming more and more "humanized," which has pet owners seeking premium petfoods as well as specialty pet care products and pet care advice, according to Euromonitor. The pet specialty outlet is becoming increasingly competitive as retailers fight for consumer traffic and new companies enter the market. In its report, Euromonitor examines strategies of pet specialty retailers and breaks down the global pet care market by region, as well as by type of retailer.
Pet owners want a lot from their pet food brands. They want primary proteins that suit what they believe is best for their animal. They want grains or they don't. They want something customized, but it has to be easy to understand.
Constraints and crises, like those experienced in 2020, help drive innovation and sustainability offers context.