PUBLISHER: MarketLine | PRODUCT CODE: 1117269
PUBLISHER: MarketLine | PRODUCT CODE: 1117269
Global Pet Healthcare industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). 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 consists of the retail sale of pet supplements, worming treatments, external parasite treatments, grooming products and other pet healthcare (dog dental products, bird, fish and rodent healthcare 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. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 exchange rates.
The global Pet healthcare market had total revenues of $22,435.7m in 2021, representing a compound annual growth rate (CAGR) of 3.2% between 2016 and 2021.
Market consumption volume increased with a CAGR of 1.6% between 2016 and 2021, to reach a total of 2,707.7 million units in 2021.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 4.2% for the five-year period 2021 - 2026, which is expected to drive the market to a value of $27,535.2m by the end of 2026.