PUBLISHER: MarketLine | PRODUCT CODE: 1856067
PUBLISHER: MarketLine | PRODUCT CODE: 1856067
Global Pet Healthcare industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The pet healthcare market includes retail sales of worming treatments, grooming products, pet supplements, external parasite treatments, and others. The scope of others includes dog dental products, fish & rodent health care products, other cat healthcare products, other cross-segment products, and other dog healthcare products. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
By distribution channel, the market is segmented into other specialist retailers, supermarkets, drug stores & pharmacies, hypermarkets, and others. The scope of others includes e-commerce, discounters, cash & carries, etc.
All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global pet healthcare market recorded revenues of $26,560.2 million in 2024, representing a compound annual growth rate (CAGR) of 2.6% between 2019-24.
Market consumption volume increased with a CAGR of 2.2% between 2019-24, reaching a total of 2,874.3 million units in 2024.
The global pet healthcare market experienced a moderate growth during the review period (2019-24) due to increasing pet ownership, shifting social dynamics, and heightened awareness of animal welfare.