The southeast asia pet care market is estimated at US$ 952 million in 2014 and expected to reach 1,412.7 million by 2020, reflecting a CAGR of 6.8% during forecast period

Future Market Insights (FMI) delivers key market insights in its recent report titled, “Southeast Asia Pet Care – Market Analysis and Opportunity Assessment, 2014-2020”. Currently, the major drivers of this market include a growing pet humanization trend among pet owners and increasing demand for nutritious, healthy and organic pet foods rather than regular pet foods.

Other trends such as changing consumer lifestyle and increasing disposable income in Southeast Asian countries are also driving increasing acceptance of pets, not only among the high-income group, but also the middle-income group.

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The Southeast Asia pet care market accounted for US$ 952 Mn in terms of value in 2014, and is projected to grow at a CAGR of 6.8% during the forecast period. Thailand dominated the SEA pet care market in 2014, accounting for 43.62% market share; however, it is expected to lose market share by 50 BPS in 2020. FMI estimates that among all the Southeast Asia countries, the pet care market in Philippines is expected to grow at a significant CAGR of 8.4%.

The SEA pet care market is segmented on the basis of type, category and channel. By type, the market comprises dog food, cat food, pet products and others. Dog food was the major segment in 2014, accounting for 51.6% market share. This is expected to grow at a CAGR of 6.7% during the forecast period.

Frequently Asked Questions

  • What is the Growth Outlook of the Southeast Asia Pet Care Market?
  • What is the Southeast Asia Pet Care Market Size by 2032?
  • What is the Current Valuation of the Southeast Asia Pet Care Market?
  • Which Country is likely to Lead the Southeast Asia Pet Care Market?

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Table of Content

1. Southeast Asia Pet Care Market – Executive Summary 

2. Research Methodology

3. Southeast Asia Pet Care Market Segmentation

4. Overall Regional Introduction – Pet Care

4.1. Southeast Asia Pet Care Market Value Forecast

4.2. Southeast Asia Pet Care Market Value Share by Type, 2013-2020 (%)

4.2.1. Southeast Asia Pet Care Market Y-o-Y Growth by Type, 2013-2020 (%)

4.2.2. Southeast Asia Pet Care Market Value Forecast by Type, 2012-2020 (US$ Million)

Read More TOC…

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