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.
2 top trends for 2021 according to the pet food industry
New shelter data casts doubt on whether the pet population and pet ownership are truly growing.
Shelter pet adoption numbers down in 2020, but high rate
While the pandemic caused unprecedented suffering worldwide in 2020, the disruptions to dogs, cats and other pets adoption numbers may normalize in 2021.