"A key aspect of many Americans' life is providing for their pets, which exist in millions of American families. Here are some key facts and information about pet care in the USA. Americans spend billions of dollars on their pets each year. Pet care in the USA is a multi-billion-dollar industry that encompasses a wide range of services and products designed to meet the needs of pets and their owners. The pet care industry in the USA includes veterinary care, pet grooming, pet boarding, pet training, pet insurance, and pet food and supplies. As the ownership of pets is increasing, the segments associated with the pet care market like pet accessories, pet grooming, and pet healthcare are also rising, as people are becoming more aware of pet health, well-being, and comfort. Pet-friendly culture: Many public places in the US, including parks, restaurants, and hotels, are becoming more pet-friendly. This means that pet owners can bring their animals with them on outings and vacations, which further strengthens the bond between people and their pets. Premium pet food: Many pet owners are willing to spend more on high-quality, nutritious pet food. They are looking for options that are organic, grain-free, and made with high-quality proteins. This trend is expected to continue as more pet owners become concerned about the health and well-being of their pets. According to the research report ""United States of America Pet care Market Overview, 2027,"" published by Bonafide Research, United States of America Pet care market is expected to grow at above 3.75% CAGR from 2021 to 2027.The pet market in the USA is driven by a combination of factors, including changing attitudes towards pets, lifestyle changes, and advancements in technology. These drivers are expected to continue to fuel the growth of the pet market in the US in the coming year. While the pet market in the USA is growing, there are also several challenges that the industry faces. Here are some of the key challenges like competition, price sensitivity, changing consumer preference, regulation, product safety, product health concern. Economic uncertainty can impact consumer spending, which in turn can affect the pet market. In times of economic uncertainty, consumers may cut back on spending, including spending on their pets. Changes in demographics, such as declining birth rates and aging populations, can impact the pet market. For example, as younger generations delay having children or have smaller families, they may turn to pets as substitutes for children. However, as the population ages, demand for pets may decrease. Disruptions to the supply chain, such as those caused by natural disasters, geopolitical tensions, or pandemics, can impact the availability and cost of pet product.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globallyDownload Sample
The type of pet that is adopted in the USA depends on the personal preferences and lifestyle of the pet owner. Dogs are one of the most popular pets in the USA, Popular breeds include Labrador Retrievers, German Shepherds, and Golden Retrievers. Domestic Shorthairs and Siamese cats are among the most popular breeds. Fish are also popular pets in the USA, Common fish species kept as pets include goldfish, Bettas, and guppies Birds are also popular pets in the USA, with around 6% of households owning birds. Parakeets, Cockatiels, and African Grey Parrots are popular breeds. Small animals and reptiles are also most people in USA like to adopt as pet. The largest pet food online retailers are Petsmart.com and Pecto.com, followed by other leading retailers like PetFlow.com, PetFoodDirect.com, PetFoodExpress.com, and PetSupermarket.com. Many smaller marketers and retailers turn to the internet as a sales medium to increase their consumer range and demand. the COVID-19 pandemic has had a mixed effect on the pet care industry in the USA, with some segments experiencing growth while others have faced challenges. On the positive side, the pandemic has led to an increase in pet adoptions and ownership. Many people who were stuck at home during lockdowns and social distancing measures decided to adopt a pet for companionship. This led to a surge in demand for pet products and services, including pet food, toys, grooming services, and veterinary care However, the pandemic has also had negative effects on the pet care industry. Many pet owners have faced financial difficulties due to job losses and reduced income, which has led to a decrease in spending on pet products and services. Additionally, the pandemic has disrupted supply chains and logistics, making it more difficult for pet products and services to be delivered on time. Considered in this report • Geography: United states of America • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028
Aspects covered in this report • United states of America Pet Care market with its value and forecast along with its segments • Country-wise Pet Care market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Segments Type • Pet Food • Pet Accessories • Pet Healthcare • Pet Grooming By Animals Type • Dog Food • Cat Food • Fish Food • Bird Food • Others By Food Type • Dry Food • Wet Or canned • Snacks and treats • Others
The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Pet Care industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. "