Pet Care Services
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide grooming, specialized training, and boarding services for companion animals. Major US companies include Best Friends Pet Care, PETCO Animal Supplies, and PetSmart.The global pet care market is forecast to reach about $530 billion by 2032, at a 6.8% compound annual growth rate (CAGR), according to SkyQuest. Moreover, the growth in the pet foods market was driven by the spike in the number of pets around the world and the rising disposable incomes of people over the years. The US and Brazil are the regions with the most pet ownership, according to Dogster.
The US pet care services industry includes about 18,500 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $5 billion. The industry includes animal shelters. Services provided by veterinarians and pet supplies retailers, which are not included in the industry, are covered in the Veterinary Services and Pet & Pet Supplies Stores profiles, respectively.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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