As per newly released data by Future Market Insights (FMI), the USA & Canada pet care products market is projected to be worth US$ 13,259.3 million in 2023. It is expected to cross US$ 21,762.7 million by 2033, growing at 5.1% CAGR from 2023 to 2033.
The other factors that influence the growing demand for this market include changing consumer lifestyles and growing pet humanization where pets are considered as a member of family thus receiving equal level of care and attention to humans.
The market is very competitive with many brands and manufacturers that offer various varieties. Some of the major players in the USA pet care products market are Nestle Purina, Mars Petcare and others.
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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 rising trend of pet humanization is also driving the market, as pet owners are increasingly treating their pets as members of the family and are willing to spend more on premium products that offer better nutrition, taste, and health benefits for their pets.
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)
Who is winning?
Key players present in the USA & Canada pet care products market are Nestle Purina, The Clorox Company, Mars Incorporated, Groomer’s Choice, Earth Bath, Spectrum Brands Holdings Inc., Healthy Pet L.P., Chewy Inc., and Richell Inc. among others.
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.
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
About Future Market Insights, Inc. (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 over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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