Global Pet Care Market Will Increase Strongly Through 2021

Global Pet Care Market Will Increase Strongly Through 2021

  • Submitted By: amyjames
  • Date Submitted: 03/20/2016 10:33 PM
  • Category: Business
  • Words: 846
  • Page: 4

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Pet Care Market - Global Industry
Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2021

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The global pet care market is expected to experience a steady growth from 2015 to 2021. In this report the pet care market is
segmented on the basis of pet type and by geography. By pet type the market can be segmented into dog care, cat care, fish
care, bird care and others. The other segment includes not so common type of pets. By geography the global pet care market
has been segmented into North America, Asia-Pacific, Europe and Rest of the World (RoW).
The pet care market is composed of pet food and pet health care. The global pet care market is primarily driven by changing
socio economic and cultural factors that have led to domestic pets being regarded as member of family. This in turn increases
pet owner’s spending from simple food to innovative and specialized premium product and grooming expenses. Moreover, with
the increasing trend of nuclear family and increasing disposable income the ownership of pets among middle class family is
growing exponentially. The increasing number of pet owners and their growing concern towards pets, in turn is also expected to
boost the global pet care market.
However, the rising incident of pet being allergic and increasing prices pet care products acts as restraining factor for the growth
of pet care market. In addition, strict government regulations and cultural/Islamic regulations in some countries regarding pet...

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