MUMBAI, May 26, 2015 /PRNewswire/ --
The U.S. market for pet care products and services totaled nearly $56.4 billion in 2014. This market is projected to approach $61.4 billion in 2015 and $69.4 billion by 2020, registering a compound annual growth rate (CAGR) of 2.5% through 2020.
This report provides:
- An overview of the global pet industry, specifically pet food, accessories, health products, and services.
- Analyses of global market trends, with data from 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- A look at key export markets for the U.S. pet industry.
- Analysis of the market's dynamics, specifically growth drivers, inhibitors, and opportunities.
- Evaluation of increasing international markets and their impact on U.S. manufacturers and retailers.
- Profiles of major players in the industry.
Reasons for this study and its Importance
The pet industry is a major segment of the U.S. economy. In 2014, American pet owners spent more than $56 billion on their small companions, a figure that is expected to approach $70 billion by 2020. Since BCC Research published its last report on the pet industry in 2010, continued growth in all segments has provided an opportunity for both existing players and new entrants. A growing number of players, as well as consolidation among manufacturers, retailers, and service providers, and globalization of the American economy have transformed the maturing pet industry into a dynamic, highly competitive environment. This BCC Research report analyzes these new developments and their potential impact on the future of the pet industry.
Objectives of this study and its contribution
The objective of this research is to provide a comprehensive analysis of all segments of the pet industry in the U.S. and to forecast future trends. The study analyzes developments in all animal segments, including dog, cat, bird, fish, small mammal, and reptile products. Due to the increasing importance of international markets for U.S. manufacturers and retailers, the report includes an analysis of global trends, with an overview of key export markets for U.S. pet products.
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The Audience for this report
The report is intended for executives and consultants in the pet food, pet supplies, veterinary, and other pet service segments. It will also be of interest to financial analysts, venture capitalists, and investors.
Scope and Content of the report
This report covers the market for pet food, pet services, and pet supplies in the U.S. and analyzes major foreign markets for U.S. pet products. The report is divided into the following eight sections:
- Pets and Their Owners
- Pet Industry Overview
- Pet Food Segment
- Pet Services Segment
- Pet Supplies Segment
- International Aspects
In addition, the report contains an appendix listing the major trade and professional organizations that are concerned with the pet care industry in the United States and selected foreign markets.
Table of Content
Chapter- 1: INTRODUCTION - Complimentary
Reasons for this study and its complimentary
Objectives of the study and its contribution
The audience for this report
Scope and content of the report
Methodology and information sources
Analyst's and credentials
Chapter- 2: Executive Summary
Table Summary : U.S. Market for Pet care products and services by segment, through 2020
Figure Summary : U.S. Market for Pet care products and services by segment, 2014-2020
Chapter- 3: Pets and their owners
Definition of Pets
Pet ownership trends in the U.S.
Consumer expenditure on Pets
Profile of the Best customer
Consumer attitudes toward Pets
Chapter- 4: Pet industry overview
Forces shaping the industry
Chapter- 5: Pet food
Dog and Cat food
Other Pet foods
Regulation of the Pet food Industry
Chapter- 6: Pet Services
Other Pet services
Consolidation of the Pet services segment
Chapter- 7: Pet Supplies
Definition of Pet supplies by product category
Pet supplies sector structure
Dog and Cat supplies
Small mammal and reptile supplies
Consumer trends in Pet supplies
Trends in distribution channels
Chapter- 8: International Aspects
Globalization of Pet care markets
Selected major markets
Chapter- 9: Appendix: U.S. -Based Pet Industry Associations and foreign-Based Pet Industry Associations
Table41 : U.S. -Based Pet Industry Associations
Table42 : Foreign-Based Pet Industry Associations
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