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.
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:
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.
The analyst responsible for preparing this report is Andrew McWilliams, a partner in the Boston-based international technology and marketing consulting firm, 43rd Parallel LLC. Mr. McWilliams was the author of BCC's 2010 report on the pet industry and has written a number of other BCC Research consumer-oriented market studies, including IAS031C The U.S. Market for Home Automation and Security Technologies; HLC185A Health Self-Monitoring: Technologies and Global Markets; SMC058A The Digital Home Entertainment Revolution: Technology Enablers; AVM053A Materials and Devices for High-Performance Sports Products; NAN037A Nanotechnology for Consumer Products; AVM050B Smart and Interactive Textiles; and FOD013B Evolving Nutraceutical Business.