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US Pet Market (Pet Food, Veterinary Products & Services and Pet Supplies): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Publisher Koncept Analytics
Published Nov 14, 2022
Length 61 Pages
SKU # KOAN17503784

Description

US Pet Market (Pet Food, Veterinary Products & Services and Pet Supplies): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

The US pet market is anticipated to reach US$135.2 billion in 2026, experiencing growth at a CAGR of 3.50% for the period spanning 2022-2026. The market growth was driven by various factors such as rise in millennial population, growing adoption of e-commerce in pet care products and increasing share of single-person households. Furthermore, growth in the US pet market is expected to happen due to the surging adoption of veterinary telehealth and innovation of newer product categories. The market growth is likely to get disrupted due to pet food shortage.

The US pet market by category can be segmented as follows: pet food; veterinary products & services; pet supplies (products & OTC medicine) and other services. In 2021, the dominant share of market was held by pet food segment, followed by veterinary products & services segment.

The US pet market by distribution channel can be segmented into the following categories: online retail stores, specialty stores and supermarkets/hypermarkets. In 2021, the market was dominated by online retail stores segment. This was followed by specialty stores and supermarkets/hypermarkets segment.

Scope of the report:
  • The report provides a comprehensive analysis of the US pet market with potential impact of COVID-19.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The company profiles of leading players (General Mills, The J.M. Smucker Company, Petco Health & Wellness Company, Spectrum Brands, Colgate Palmolive and Mars, Inc.) are also presented in detail.
Key Target Audience:
  • Pet Products/Food Manufacturers
  • Raw Material Providers
  • End Users (Businesses/Consumers)
  • Investment Banks
  • Government Bodies & Regulating Authorities

Table of Contents

61 Pages
1. Market Overview
1.1 Pet – Introduction
Table 1: Common Categories of Pets
1.2 Domesticated Pets
Table 2: Classification of Domesticated Pets
1.3 Wild Pets
1.4 Positive Impacts of Owning a Pet
1.5 Negative Impacts of Owning a Pet
2. Impact of COVID-19
2.1 COVID-19: Overview
2.2 COVID-19 and Adoption of Domestic Pets
2.3 Impact on Pet Adoption Rate
Table 3: The US Pet Adoption Rate (2019 & 2020)
2.4 Impact of Coronavirus on Pet E-Commerce
3. Market Analysis
3.1 The US Pet Market by Value
Table 4: The US Pet Market by Value (2017-2021)
3.2 The US Pet Market Forecast by Value
Table 5: The US Pet Market Forecast by Value (2022-2026)
3.3 The US Pet Market by Category
Table 6: The US Pet Market by Category (2020)
3.3.1 The US Pet Food Market by Value
Table 7: The US Pet Food Market by Value (2017-2021)
3.3.2 The US Pet Food Market Forecast by Value
Table 8: The US Pet Food Market Forecast by Value (2022-2026)
3.3.3 The US Pet Veterinary Products & Services Market by Value
Table 9: The US Pet Veterinary Products & Services Market by Value (2017-2021)
3.3.4 The US Pet Veterinary Products & Services Market Forecast by Value
Table 10: The US Pet Veterinary Products & Services Market Forecast by Value (2022-2026)
3.3.5 The US Pet Supplies (Products & OTC Medicine) Market by Value
Table 11: The US Pet Supplies (Products & OTC Medicine) Market by Value (2017-2021)
3.3.6 The US Pet Supplies (Products & OTC Medicine) Market Forecast by Value
Table 12: The US Pet Supplies (Products & OTC Medicine) Market Forecast by Value (2022-2026)
3.3.7 The US Pet Other Market by Value
Table 13: The US Pet Other Market by Value (2017-2021)
3.3.8 The US Pet Other Market Forecast by Value
Table 14: The US Pet Other Market Forecast by Value (2022-2026)
3.4 The US Pet Market by Distribution Channel
Table 15: The US Pet Market by Distribution Channel (2020)
3.4.1 The US Pet Online Retail Stores Market by Value
Table 16: The US Pet Online Retail Stores Market by Value (2017-2021)
3.4.2 The US Pet Online Retail Stores Market Forecast by Value
Table 17: The US Pet Online Retail Stores Market Forecast by Value (2022-2026)
3.4.3 The US Pet Specialty Stores Market by Value
Table 18: The US Pet Specialty Stores Market by Value (2017-2021)
3.4.4 The US Pet Specialty Stores Market Forecast by Value
Table 19: The US Pet Specialty Stores Market Forecast by Value (2022-2026)
3.4.5 The US Pet Supermarkets/Hypermarkets Market by Value
Table 20: The US Pet Supermarkets/Hypermarkets Market by Value (2017-2021)
3.4.6 The US Pet Supermarkets/Hypermarkets Market Forecast by Value
Table 21: The US Pet Supermarkets/Hypermarkets Market Forecast by Value (2022-2026)
3.4.7 The US Pet Other Distribution Channel Market by Value
Table 22: The US Pet Other Distribution Channel Market by Value (2017-2021)
3.4.8 The US Pet Other Distribution Channel Market Forecast by Value
Table 23: The US Pet Other Distribution Channel Market Forecast by Value (2022-2026)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Upsurge in Millennial Population
Table 24: The US Millennial Population (2019-2027)
4.1.2 Increasing Personal Disposable Income
Table 25: The US Personal Disposable Income (2017-2021)
4.1.3 Increasing Adoption of E-commerce in Pet Care Products
Table 26: The US Households Buying Pet Products Online (% Change) (2017-2021)
4.1.4 Rising Share of Single-Person Households
Table 27: The US Single-Person Households (2017-2021)
4.2 Key Trends & Developments
4.2.1 Surging Adoption of Veterinary Telehealth
Table 28: The US Veterinary Telehealth Market (2016-2022)
4.2.2 Growing Inclusion of Internet of Things (IoT) in Pet Care
Table 29: The US Pet Wearable Market (2016-2022)
4.2.3 Innovation of New Product Categories
4.2.4 Rising Incorporation of Grain-Inclusive & Limited-Ingredient Recipes
4.3 Challenges
4.3.1 Pet Food Shortage
5. Company Profiles
5.1 Spectrum Brands (United Pet Group)
5.1.1 Business Overview
Table 30: Spectrum Brands Segment Description
5.2 General Mills (Blue Buffalo)
5.2.1 Business Overview
5.3 Colgate Palmolive
5.3.1 Business Overview
5.4 Petco Health & Wellness Company, Inc.
5.4.1 Business Overview
5.5 The J.M. Smucker Company
5.5.1 Business Overview
5.6 Mars Inc.
5.6.1 Business Overview
5.6.2 Business Strategies

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