Category: Pet Services & Supplies
Pet Services & Supplies market research reports by Euromonitor International
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South Korea Dog Food
South Korea Dog Food After seeing minimal current value growth in 2023, dog food is set to record another year of low single-digit growth in South Korea in 2024. Due to the slowdown in growth in the dog population, and the economic downturn, there have been low growth rates in dog food. For instance ... Read More
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Dog Food in Hong Kong, China
Dog Food in Hong Kong, China Value sales growth of dog food in Hong Kong is being driven by premiumisation and the increasing emphasis on the wellbeing and experiences of these pets, with a greater desire among consumers to enjoy the same activities or events with their dogs due to the strong humani ... Read More
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South Korea Cat Food
South Korea Cat Food Cat food is expected to maintain strong growth in South Korea in 2024, with a high single-digit current value increase, continuing the trend observed in 2023. However, the increases in these two years were lower than the steady double-digit growth rates seen in previous years, w ... Read More
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Dog Food in Saudi Arabia
Dog Food in Saudi Arabia Sales of dog food continue to see dynamic double-digit growth in value and volume terms in 2024, continuing the pattern seen throughout the review period. Sales have continued to be positively impacted by the rapid rise in dog ownership in Saudi Arabia. With shifting attitud ... Read More
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Cat Food in Hong Kong, China
Cat Food in Hong Kong, China Demand for cat food in Hong Kong continues to rise, fuelled by the expanding cat population, while the premium segment emerges as the stronger performer in terms of value growth. Consumers actively choose snacks that have both taste and functionality for the health of th ... Read More
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South Korea Pet Care
South Korea Pet Care Pet care in South Korea has faced challenges amidst economic slowdown, but is expected to continue to demonstrate resilience and growth in both retail volume and current value terms in 2024. As the economy struggled and living expenses surged at the end of the review period, con ... Read More
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Pet Products in Hong Kong, China
Pet Products in Hong Kong, China Value sales of pet products in Hong Kong continue to show consistent growth due to increasing demand for evolving and convenient products that promote co-sharing between pets and owners. Technological innovations, such as smart cat litter systems, offer benefits incl ... Read More
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Pet Products in Saudi Arabia
Pet Products in Saudi Arabia The pandemic had a huge impact on pet ownership in Saudi Arabia and also led to rising awareness of pet health issues as well. In 2019 the pet population in Saudi Arabia was 1.4 million, but by the end of the pandemic in 2023 this number had doubled to 2.8 million. Durin ... Read More
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Cat Food in Saudi Arabia
Cat Food in Saudi Arabia Cat food dominates pet care sales in Saudi Arabia with the category continuing to see dynamic double-digit growth in value and volume terms in 2023. This is largely due to the growing population pet cats and increasing awareness of the benefits of prepared cat food over non- ... Read More
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Pet Care in Hong Kong, China
Pet Care in Hong Kong, China The pet care industry in Hong Kong continues to present steady value growth in 2024 and is expected to record a further increase over the forecast period. The cat population is experiencing a positive growth trajectory compared to the steady decline of the dog population ... Read More
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Pet Care in Saudi Arabia
Pet Care in Saudi Arabia Pet care continues to see dynamic double-digit growth in value and volume terms in Saudi Arabia with it having become one of the most dynamic industries in the Kingdom. This dynamism is being driven by the huge investment made by major pet care companies in expanding the dis ... Read More
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Other Pet Food in Hong Kong, China
Other Pet Food in Hong Kong, China Existing pet fish owners in Hong Kong are being met with increasing unit prices of fish food. Despite fish food being relatively affordable overall, prospective owners may be dissuaded by the hidden costs associated with keeping fish, such as increased expenses for ... Read More
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Other Pet Food in Saudi Arabia
Other Pet Food in Saudi Arabia Other pet food continues to see dynamic growth in value and volume terms in 2024, continuing the patter seen in the second half of the review period. This dynamism is in part thanks to the increasing openness of the culture in the Kingdom with consumers becoming more o ... Read More
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Holistic Wellness in Pet Care: Creating Value Through Broader Need States
Holistic Wellness in Pet Care: Creating Value Through Broader Need States People today are placing focus on the desired outcome of their consumption. In the pet care universe, pet owners are extending this behaviour to their animal companions where consumables across pet food, pet treats and pet sup ... Read More
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Premiumisation in Pet Care: Inflation and Beyond
Premiumisation in Pet Care: Inflation and Beyond The premiumisation trend in the global pet care industry brings forth new opportunities for industry players. Inflationary pressures create a challenging environment in the near term, but long-term prospects are expected to support premiumisation effo ... Read More
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Pet Care in Asia Pacific
Pet Care in Asia Pacific Pet care continued to record healthy growth rates throughout the pandemic in Asia Pacific, helped by some consumers adopting pets for company during lockdowns as well as a further shift to the e-commerce channel. Moving into the forecast period, the future also looks bright ... Read More
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Pet Care in Western Europe
Pet Care in Western Europe The ongoing premiumisation and pet humanisation trends as well as a continued expansion of pet populations, which were helping to drive growth in the Western European pet care market over most of 2018-2023, are expected to ensure further sales increases over the forecast p ... Read More
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Pet Care in Middle East and Africa
Pet Care in Middle East and Africa Pet care continues to record positive value growth in Middle East and Africa, in spite of the difficult economic environment pushing volume sales into decline. Ongoing premiumisation and pet humanisation are driving value growth, despite some low-income pet owners ... Read More
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Pet Care in Latin America
Pet Care in Latin America Pet care growth rates spiked during the pandemic in Latin America, helped by consumers adopting pets for company during lockdowns as well as the ongoing premiumisation and pet humanisation trends. In spite of high inflation rates in the region, growth has remained strong po ... Read More
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Mars Inc in Pet Care (World)
Mars Inc in Pet Care (World) Mars, global leader in pet care, is well positioned to serve value- and quality-conscious consumers with its economy and premium brands. While the US is the largest market for Mars, emerging markets offer growth opportunities in the future due increasing pet populations. ... Read More
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World Market for Pet Care
World Market for Pet Care Pet care keeps growing albeit more slowly due to economic downturn and the return to offices that means less time spent with pets. It benefits from the growing cat population, while humanisation drives demand for healthy, human-grade, premium pet food/products. Companies fo ... Read More
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Other Pet Food in Switzerland
Other Pet Food in Switzerland Other pet food posted negative growth in both retail value and current value terms in 2022-23. This is due in part to the strong pet humanisation trend visible in Switzerland, since it is more difficult for owners to foster bonds with other pets in the same way they can ... Read More
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Pet Care in Switzerland
Pet Care in Switzerland In 2023, the effects of inflation were still visible in Switzerland and reflected in the price of raw materials used in pet care. The cost of energy needed to produce and transport pet food (from suppliers to manufacturers) soared, while the price of packaging increased. In r ... Read More
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Cat Food in Switzerland
Cat Food in Switzerland The cat population continued to grow in Switzerland in 2022-23. Hybrid working has become the norm, and local consumers can spend more time bonding with their pets, which has encouraged the humanisation trend. Indeed, many now consider their cats full family members. Cat food ... Read More
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Dog Food in Switzerland
Dog Food in Switzerland Dog food posted positive retail volume and value growth in current terms in 2022-23. Wet dog food performed better in current value terms than dry dog food as Swiss consumers increasingly adopt smaller dogs, which eat less than large dogs and are more adapted to wet food. So- ... Read More