According to Future Market Insights (FMI) research, the USA & Canada pet care products market is expected to surge at a CAGR of 5.1% during the forecast period 2023 to 2033. The market value is projected to increase from US$ 13,259.3 million in 2023 to US$ 21,762.7 million by 2033.
Several trends have reshaped the market, notably the humanization of pets, fueling a demand for premium and organic products. The rise of e-commerce and online retail platforms has gained momentum, providing convenience and a vast array of product choices.
Moreover, the emphasis on pet health and well-being has propelled the demand for specialized diets, supplements, and preventive healthcare products. Sustainability and eco-friendly offerings have also surged in significance, as consumers actively seek environmentally conscious options.
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The United States & Canada pet care products market is expected to surge rapidly during the forecast period. This is due to several factors, including a growing number of pet owners and growing consumer awareness of pet health and wellness.
The pet care products market in the USA is one of the leading and most diverse in the world. The growth of the USA & Canada pet care products industry can be attributed to factors such as the increasing adoption of pets in the region.
Key Takeaways from this Market Study:
- The sonic bark collars are anticipated to surge with a CAGR of 14.1% during the projection period.
- Pet toys contribute significant revenue in the market, since in 2022, feather toys held the leading share of 17.8%.
- In 2022, based on sales channels, modern trade held a key share of 23.3% in the market.
- The online retailer’s segment is expected to rise at the prevalent rate with a CAGR of 8.8% during the forecast period
- The online retailer segment holds the key share of ~21.6% in 2033.
“Pets are increasingly considered as family members, leading to a rise in the humanization of pets. Pet owners are willing to invest in high-quality and premium products that enhance their pets’ comfort, health, and overall well-being. Introduction of innovative products that make it easier to track pet health or provide companionship is set to push market growth in coming years,” – says a lead at Future Market Insights (FMI) analyst.
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Competitive Landscape:
The USA & Canada pet care products industry has a fragmented competitive landscape with a large number of players competing based on product quality, efficacy, brand reputation, and price.
Companies are investing in research and development activities to develop new and innovative products and expand their distribution channels. In addition to the market’s key manufacturers, there are also smaller firms selling the USA & Canada pet care products at more affordable costs.
For instance,
- In 2022, Leave it Leash, a pet solutions company launched its first patented 14-foot water-spray dog leash that comes with a collapsible bowl.
- In 2021, Whistle, the leader in pet health and location tracking, launched its newest pet wearable, The Whistle Switch Smart Collar.
Key Companies Profiled:
- Nestle Purina
- The Clorox Company
- Mars Incorporated
- Groomer’s Choice
- Earth Bath
- Spectrum Brands Holdings Inc.
- Healthy Pet L.P.
- Chewy Inc.
- Dog Tuff
- Cycle Dog
- Goughnuts Inc.
- Richell Inc.
- Others (as requested)
Get More Valuable Insights:
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the USA & Canada pet care products market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on the USA & Canada pet care products market by product type (bark collars, carrier backpacks, cat litter, litter boxes, (bowls, feeders & waterers), pet containment, pet doors, harness & leashes, pet toys), pet type (dog, cat), sales channel (modern trade, convenience stores, pet stores, multi-brand stores, online retailers, other sales channel) and region.
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Market Outlook by Categorization:
By Product Type:
- Bark Collar
- Static
- Vibration
- Spray
- Ultrasonic
- Sonic
- Carrier Backpacks
- Purse carrier
- Sling carrier
- Hard kennel
- Others
- Cat Litter
- Clumping
- Non-Clumping
- Litter Box
- Open Top Cat Litter Box
- Enclosed is Cat Litter Box
- Self-Cleaning Cat Litter Box
- Modern Cat Litter Box
- Others
- Bowls, Feeders, & waterers
- Plastic
- Ceramic
- Stainless Steel
- Others
- Pet Containment
- Wireless Fences
- In-ground Fences
- Pet Door
- Electronic
- Non-Electronic
- Harness & Leashes
- H-harness
- Jacket Harnesses
- Pet Toys
- Feather toys
- Stick Toys
- Ball Toys
- Catnip toys
- Scratchers
- Chew toys
By Pet Type:
- Dog
- Cat
By Sales Channel:
- Modern Trade
- Convenience Stores
- Pet Stores
- Multi-Brand Stores
- Online Retailers
- Other Sales Channel
By Country:
- The United States
- Canada
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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