Market Research Blog

In 2023, the roll-your-own tobacco products market is estimated to be worth US$ 31 billion. By 2033, it is projected to reach a value of US$ 45 billion. The adoption of roll-your-own tobacco is expected to progress at a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast period.

The roll-your-own tobacco product’s consumption has been increasing in the developed economies. The main factor boosting the growth of the roll-your-own tobacco product market is the low health risk associated with RTO tobacco and the less price associated with them.

The rising urbanization and the expanded prominence of cigarettes among the youth are the key elements driving the development of the market. The increasing health consciousness among the population changes the prevalence of smoke globally, leading to a decrease in sales of tobacco this may hinder the growth of the market. The RYO tobacco segment is likely to offer remunerative opportunities for the global roll-your-own tobacco product market. Several emerging economies are making significant developments in their technological sector, thereby, providing lucrative opportunities to players in the market.

Key Takeaways from the Market Study:

• By product, the RYO Tobacco segment accounts for a share of 39.5% in 2022-2032
• By distribution channel, the offline segment accounts for a market share of 84.5% during the forecasting period.
• Market in UK to procure a market share of 64.5% during the assessment period
• Market in china accounts for 4.3% CAGR during the forecasting period.

Competitive Landscape

Key players in the global roll-your-own tobacco product market are
Imperial Brands; British American Tobacco; Scandinavian Tobacco Group A/S; Altria Group, Inc.; Philip Morris International; HBI International; Curved Papers, Inc.; Karma Filter Tips; Shine Brands; and Japan Tobacco International

Recent updates from the industry are:

• In September 2020 – JTI (Japan Tobacco International) has extended its technology partnership agreement with Sauber Engineering AG (SEN), a leading player in technology and prototype development and part of the Sauber Group of Companies. Through this partnership, both companies will continue to collaborate on the development of precision engineering projects aimed at increasing the performance of the next generation of JT Group products.
• In March 2021- BAT Group (BAT) announces a strategic collaboration agreement with Organigram Inc., to focus on research and product development activities next-generation adult cannabis products, with an initial focus on cannabidiol (CBD).
• In July 2021– Philip Morris International Inc. (PMI) announced an agreement to acquire Fertin Pharma A/S. This acquisition is a significant step forward on our journey toward delivering a smoke-free future—enhancing smoke-free portfolio, notably in modern oral, and accelerating progress beyond nicotine

Complete Market Review: A Full Report Analysis

Key Segments Covered in the Roll-Your-Own Tobacco Products Industry Analysis

by Product:

• RYO Tobacco Products
• Roll-Your-Own Tobacco Papers & Cigarette Tubes
• Roll-Your-Own Tobacco Injector
• Roll-Your-Own Tobacco Filter & Paper Tip

by Distribution Channel:

• Offline Distribution of Roll-Your-Own Tobacco Products
• Online Distribution of Roll-Your-Own Tobacco Products

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global roll-your-own tobacco products market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of product (RYO tobacco, rolling paper & cigarette tubes and injector and filter & paper tip) and by distribution channel (offline and online) across five major regions (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)

About Future Market Insights (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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The retail vending machine market is predicted to be valued at USD 60 billion in 2023 and USD 143 billion by 2033. Over the projection period, sales in the retail vending machine market are expected to increase at a CAGR of 9%. Convenience and accessibility are key drivers, as vending machines offer round-the-clock access to products without the need for human interaction or traditional retail spaces.

This convenience factor appeals to busy consumers looking for quick and hassle-free transactions. Advancements in technology, such as touch-screen interfaces and cashless payment options, have transformed vending machines into interactive and user-friendly shopping experiences. These technological innovations enhance convenience and attract tech-savvy consumers. The increasing demand for contactless transactions, especially in the wake of the COVID-19 pandemic, has further boosted the appeal of vending machines.

A significant opportunity lies in expanding product offerings beyond traditional snacks and beverages. Vending machines now cater to a wide range of products, including fresh food, beauty products, electronics, and even prescription medicines. Diversifying product offerings can attract new customer segments and drive revenue growth. The customization and personalization of vending machine experiences present an opportunity to enhance customer engagement. Incorporating features like product recommendations based on consumer preferences or loyalty programs can improve customer satisfaction and loyalty.

Emerging trends in the retail vending machine market include the integration of smart technologies like artificial intelligence (AI) and machine learning. These technologies enable real-time inventory management, predictive maintenance, and personalized advertising on vending machine displays.  A growing trend is the focus on sustainability and eco-friendly practices. Vending machines that offer recyclable packaging, energy-efficient operations, and eco-conscious product choices are gaining popularity among environmentally conscious consumers. The integration of vending machines with mobile apps and e-commerce platforms allows for seamless customer experiences, remote monitoring, and digital payment options.                           Key Takeaways from this Market:

• Future Market Insights predicts that the United States will account for 33% of the total revenue by the conclusion of 2023.
• Germany is anticipated to be a lucrative market during the forecast period, expected to register a value CAGR worth 9.7% during the projected period.
• By 2023, the beverage retail vending machine segment is projected to capture approximately 45% of the overall global market share.

How Key Players are Revolutionizing the Manufacturing Market?

Key players in the retail vending machine market are driving revolutionary changes in the manufacturing process, aiming to enhance efficiency, functionality, and customer experience. They are incorporating advanced technologies such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT) to enable real-time inventory management, predictive maintenance, and personalized interactions.

These innovations are streamlining operations, reduce downtime, and improving overall machine performance. Key players are focusing on modular designs, allowing for easy customization and flexibility in product offerings. By embracing automation, connectivity, and intelligent features, these manufacturers are revolutionizing the retail vending machine market, providing cutting-edge solutions to meet evolving consumer demands.

Key Players in this Industry:

• Azkoyen Group
• Cantaloupe Systems Inc.
• Westomatic Vending Services Limited
• Royal Vendors Inc.
• Glory Ltd.
• Sanden Holding Corp.
• Seaga Manufacturing Inc.
• Orasesta S.p.A
• Sellmart S.r.L
• Fuji Electric Co. Ltd.

Product Portfolio:

• Azkoyen Group offers a diverse product portfolio that includes vending machines, coffee machines, payment systems, and software solutions. Their range of products caters to various industries, providing innovative and efficient solutions for automated retail, self-service, and payment processing.
• Cantaloupe Systems Inc. specializes in intelligent vending solutions, offering a comprehensive product portfolio that includes vending machine management software, cashless payment systems, remote monitoring devices, and customer engagement tools. Their products empower vending operators with data-driven insights, operational efficiency, and enhanced customer experiences.

More Insights Available:

Future Market Insights offers an unbiased analysis of the retail vending machine market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the retail vending machine market, the report is segmented on the basis of type (food retail, beverage retail, games/amusement retail, tobacco retail, candy & confectionery retail, beauty & personal care retail, and ticket retail vending), payment mode (cash and cashless), and application (commercial places, offices, public places and for other applications), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East & Africa).

Complete Market Review: A Full Report Analysis

Market Segmentation:

By Type:

• Food Retail
• Beverage Retail
• Games/Amusement Retail
• Tobacco Retail
• Candy & Confectionery Retail
• Beauty & Personal Care Retail
• Ticket Retail

By Payment Mode:

• Cash
• Cashless

By Application:

• Commercial Places
• Offices
• Public Places
• Other Applications

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and the Pacific
• East Asia
• Middle East & Africa

About Future Market Insights (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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The pet market is projected to reach a value of USD 18 billion in 2023 and is anticipated to soar to USD 39 billion by 2033. The adoption of pets is expected to progress at a Compound Annual Growth Rate (CAGR) of 8% during the forecast period. One of the key drivers behind this growth is the humanization of pets. As pets become more deeply integrated into our families and daily routines, pet owners are increasingly treating them as cherished members of the household.

The pet industry is experiencing explosive growth, fueled by a surge in pet technology and a rising demand for premium pet services. This trend presents a golden opportunity for entrepreneurs with innovative ideas to enhance the lives of pets and simplify life for their owners.

Pet Tech Takes Center Stage:

The world of pet care is undergoing a digital revolution. Pet technology products like smart collars that monitor health and activity, automated feeding systems, and interactive toys are gaining immense popularity. This trend creates a fertile ground for entrepreneurs to develop:

• Cutting-edge pet tech: Products that leverage the latest advancements in technology to improve pet well-being.
• User-friendly solutions: Tech that is easy to integrate into daily routines, enhancing the pet ownership experience.

Entrepreneurs can tap into this trend by developing innovative and user-friendly pet tech products that enhance the well-being of pets and simplify pet ownership.  The pet market is witnessing a surge in premium and specialized pet services. Pet owners are willing to invest in luxurious grooming, spa treatments, pet hotels, and daycare facilities for their furry companions. This creates opportunities for entrepreneurs to establish unique and upscale pet service businesses to cater to this demand.

With the growing focus on pet health and wellness, there is a rising interest in alternative therapies and natural remedies for pets. This includes products such as CBD-based treats and supplements, holistic pet care, and specialized diets. Entrepreneurs who can tap into this niche by offering high-quality, natural pet products can capitalize on the evolving trends in the pet market.

Key Takeaways from the Pet Market:

• As per FMI, the United States is spearheading the growth across North America, with a CAGR of 7.3% in 2023.
• As per Future Market Insights, cats are expected to dominate the pet type with a CAGR of 7.9% in 2023.
• As per FMI, the economy segment is poised to expand at over 7.5% CAGR in 2023.            Market Competition

Key players in the pet market are revolutionizing manufacturing by embracing innovative technologies and sustainable practices. They prioritize the use of high-quality, safe materials to create durable and pet-friendly products. With advanced manufacturing techniques like 3D printing and automation, they are able to produce customized and precise products quickly and efficiently.

These companies also focus on sustainability by using eco-friendly materials, reducing waste, and implementing energy-efficient processes. Moreover, they actively engage with pet owners, gather feedback, and continuously improve their products to meet the evolving needs of pets and their owners. Through their commitment to innovation and sustainability, key players are shaping the future of the pet market.

Key Players in the Market:

• PetSmart
• Petco
• Petland
• Petmate
• Petfinder
• com
• The Shelter Pet Project
• Best Friends Animal Society
• Petco Foundation
• Petango

Product Portfolio

• PetSmart offers a diverse product portfolio for pet owners, including high-quality food, toys, grooming essentials, and comfortable bedding. With a focus on catering to all types of pets, PetSmart is a one-stop shop for your furry friends’ needs.
• Petco boasts an extensive product portfolio, providing pet owners with a wide range of options for their beloved companions. From premium pet food and treats to innovative toys, grooming supplies, and healthcare products, Petco ensures that every pet receives the best care and attention they deserve.

About the Consumer Product at Future Market Insights

The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

About Future Market Insights (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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

In 2023, the market for pet stain remover and odor control products is estimated to be worth USD 9 billion. It is anticipated to grow to USD 14 billion by the year 2033. The adoption of these products is expected to progress at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period.

The market is witnessing the emergence of fast-acting stain removers and odor control products that offer rapid results, saving time and effort for users. Incorporating bioactive additives derived from natural sources helps enhance the cleaning power and odor control capabilities of pet stain removers, providing a more eco-friendly solution.

The increasing popularity of e-commerce and subscription-based models offers avenues for online sales and delivery of pet stain remover and odor control products. Building direct-to-consumer channels and offering subscription services can provide convenience and long-term customer engagement. Incorporating pleasant fragrances and aromatherapy elements in pet stain remover and odor control products can create a more enjoyable pet care experience. Offering a range of scents or therapeutic options can tap into the growing demand for well-being-oriented pet products.

Key Takeaways from the Pet Stain Remover and Odor Control Market

• As per FMI, the United States is spearheading the growth across North America, surging at a CAGR of 4.3% during the forecast period.
• United Kingdom is expected to grow at a CAGR of 4.1% during the forecast period.
• As per Future Market Insights, dogs are expected to dominate the animal type with a market share of 41% in 2023.                               

How Key Players are revolutionizing the Pet Stain Remover and Odor Control market?

Key players in the pet stain remover and odor control market are driving a revolution by introducing innovative solutions that effectively tackle pet-related stains and odors. These companies are investing in research and development to develop advanced formulas and technologies that provide superior cleaning and odor control capabilities.

They are focusing on eco-friendly and pet-safe ingredients, ensuring their products are not only effective but also sustainable. Key players are enhancing user experience through user-friendly packaging, convenient application methods, and improved product performance. With their continuous efforts in product innovation and customer satisfaction, these industry leaders are reshaping the pet stain remover and odor control market and meeting the evolving needs of pet owners worldwide.

Key Players in the Market:

• Simple Solution
• Angry Orange
• Sunny and Honey
• Nature’s Miracle
• Odo-Rite
• Citrus Magic
• Skouts Honor Pet Supply Co.
• Charmypet Co., Ltd.
• RESOLVE
• Woolite
• BISSELL
• Arm & Hammer
• Clorox
• OxiClean
• Hoover

Strategies for Pet Stain Remover and Odor Control Manufacturers to Expand in the Market

• Develop eco-friendly formulations to cater to environmentally conscious consumers.
• Establish strategic partnerships to expand market reach and distribution channels.
• Invest in research and development for innovative cleaning technologies and solutions.

Complete Market Review: A Full Report Analysis

Market Segmentation

By Product Type:

• Solution Spray
• Foam Spray
• Stain Carpet
• Powder
• Stain Liquids

By Animal Type:

• Dogs
• Cats
• Birds
• Other Animals

By Price Range:

• Low
• Medium
• Premium

By Sales Channel:

• Wholesalers/ Distributors
• Supermarkets
• Online Retailers
• Pharmacy/ Drug Stores
• Pet Speciality Stores
• Convenience Store
• Other Sales Channels

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• East Asia
• Middle East & Africa

About the Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

About Future Market Insights (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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

In 2023, the pet lodging market is estimated to be worth USD 4 billion. By 2033, it is projected to reach a total of USD 7 billion. The adoption of pet lodging is expected to advance at a Compound Annual Growth Rate (CAGR) of 5.7% throughout the forecast period.

The rise in dual-income households has resulted in an increased need for pet lodging services. As more individuals juggle busy work schedules and travel obligations, there is a growing demand for dependable and trustworthy accommodations to ensure the welfare of their pets while they are away. This trend has stimulated the expansion of professional pet lodging facilities, offering a secure and nurturing environment for pets in the absence of their owners.

The increasing number of pet owners across the world makes for a big chance for businesses that provide places to stay for pets. As more people bring pets into their families, the need for safe and comfy places to stay while traveling or working is growing.

Health and wellness services are gaining traction in the pet lodging market. This includes offering grooming, spa treatments, exercise programs, and even holistic therapies to promote the overall well-being of pets. With increasing awareness about environmental sustainability, the adoption of eco-friendly practices is becoming a trend in the pet lodging market. This includes using sustainable materials, implementing energy-efficient systems, and incorporating green initiatives in day-to-day operations.

Franchise and chain operations are expanding in the pet lodging industry, offering standardized services and a recognizable brand. This trend allows for broader market reach and greater convenience for pet owners.

Key Takeaways from the Pet Lodging Market:

• As per FMI, the United States is spearheading the growth across North America, accounting for nearly 5.9% of the market share in 2022.
• United Kingdom is expected to account for 5.1% of the total market share in Europe.
• As per Future Market Insights, the premium segment is expected to dominate the product type with a market share of 5.3%.
• As per FMI, the online booking segment is poised to expand at over 5.5% CAGR in 2023.

Market Competition

Key players in the pet lodging market are innovatively transforming the manufacturing process to cater to the changing demands and desires of pet owners in a distinctive manner. These players are adopting innovative design concepts and advanced technologies to create state-of-the-art pet lodging facilities.

Modern manufacturing techniques, such as modular construction and prefabrication, enable faster and more efficient construction of pet lodging facilities. This approach ensures high-quality structures that are durable, customizable, and easily scalable.

Key players are incorporating eco-friendly materials and sustainable practices to minimize environmental impact. By embracing these manufacturing advancements, key players are transforming the pet lodging market, providing safe, comfortable, and attractive accommodations for pets while offering convenience and peace of mind to their owners.

Key Players in the Market:

• Oupet Co.
• PetBacker Co.
• PaCo Pet Care LLC
• PetSmart Inc.
• Paradise 4 Paws LLC
• Puss ‘n’ Boots Boarding Cattery
• Dogtopia Enterprises LLC
• Pet Station Kennels & Cattery
• Preppy Pet Co.
• Barkefellers
• Urban Tails Pet Resort
• Royvon Dog Training & Hotels
• Country comfort kennels
• Camp Bow Wow Co.
• Best Friends Pet Care
• Carey Pet and Home Care

Complete Market Review: A Full Report Analysis

Product Portfolio:

• PaCo Pet Care LLC offers a comprehensive product portfolio in the pet lodging industry. Their offerings include spacious and comfortable pet suites, personalized care plans, grooming services, indoor and outdoor play areas, and 24/7 monitoring for the well-being of pets. Additionally, they provide additional amenities such as interactive toys, specialized diets, and socialization activities to ensure a pleasant stay for every pet. PaCo Pet Care LLC focuses on delivering exceptional customer service, ensuring a stress-free experience for both pets and their owners.

More Insights Available

Future Market Insights offers an unbiased analysis of the pet lodging market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the pet lodging market, the report is segmented on the basis of Pet Type (Dogs, Cats and Other), Lodging Period (Overnight Stay and Extended Stay), Price Range (Mass and Premium), Booking Type (Physical and Online), across 7 major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East & Africa).

About Future Market Insights (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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global market for over-the-counter (OTC) medication for pets is positioned for significant expansion, with an estimated value of USD 9,170 million in 2023. This market demonstrates a strong and steady trend, with an expected Compound Annual Growth Rate (CAGR) of 4.5% projected to continue until 2033.

With steadfast growth projections, it is anticipated that the global market share for pet OTC medication will reach a remarkable valuation of USD 14,210.2 million by the year 2033.

The world’s pet medicine market will keep growing because some important things are pushing it forward. One of the main reasons this market is growing fast is because more and more people around the world are adopting pets. People who have pets are very careful about their pet’s health, looking for easy and simple solutions to keep them well.

Key Market Trends and Highlights

• The global pet OTC medication market is expected to witness steady growth over the assessment period.
• A key driving factor behind this growth is the rising trend of pet adoption worldwide.
• Pet owners are increasingly recognizing the importance of maintaining their pets’ health and well-being.
• This heightened awareness among pet owners is playing a significant role in fueling the growth of the pet OTC medication market.
• As a result, pet owners are seeking convenient and effective healthcare solutions for their furry companions.
• The market also presents promising opportunities for expansion, especially in emerging economies.
• In low and middle-income countries, where the trend of pet ownership is gaining momentum, the demand for pet OTC medications is expected to soar.
• This surge in demand is anticipated to create new avenues for market growth in these regions.

Key Players Are:

• Ceva Santé Animale Co.
• Elanco Animal Health Inc.
• Boehringer Ingelheim International GmbH
• Zoetis Inc.
• Merck & Co., Inc.
• Virbac SA Co.
• Bayer AG
• IDEXX Laboratories Co.
• Covetrus Inc.
• Dechra Pharmaceuticals PLC
• Vetoquinol SA
• Phibro Animal Health Co.
• Kyoritsuseiyaku Co.
• Krka, d. d., Novo Mesto
• Sequent Scientific Ltd.
• Heska Co.
• Eco Animal Health Group

Key Takeaways from the Market Study

• Based on application, fleas & ticks are expected to dominate the market obtaining a market share of 43.1% by 2033.
• Based on form, the chewables & tablets are likely to attain a market share of 30% by 2033.
• The pet OTC medication market size rose at 3.46% CAGR between 2018 and 2022.
• France is estimated to reach US$ 7,120 million by 2033 and dominate at a market share of 3.7% by 2033.
• India is projected to experience significant growth, with a current valuation of US$ 4,821.2 million and an expected market share of 1.6%.

Competitive Landscape

There are several key market players operating in the pet OTC medication market industry. These market players aim to follow expansion strategies, inclusive of collaborations, mergers and acquisitions, and exploration of regulatory approvals.

Some of the new developments are-

• In February 2023, Merck explored and utilized technologies including 3D printing, AI & machine learning (ML), big data, connected care, blockchain, cloud, IoT, virtual & augmented reality, wearable tech, and genomics. These technologies help to accelerate drug discovery and development, improve supply chain efficiency, and ensure consistent product quality.
• In June 2023, Mars, announced the successful completion of Mars’ acquisition of Heska. Heska is now part of Mars Petcare’s Science & Diagnostics division, enabling broad coverage across diagnostics and technology while accelerating research and development and expanding access globally to pet healthcare solutions.
• In January 2023, Heska Corporation, a leading global provider of advanced veterinary diagnostic and specialty products and solutions, announced the completion of the acquisition of 100% of the shares of MBio Diagnostics, Inc. d/b/a LightDeck Diagnostics.

Complete Market Review: A Full Report Analysis

Pet OTC Medication Market by Category

Pet Type:

• Dogs
• Cats
• Birds
• Fish and Reptiles
• Small Pets
• Others

By Application:

• Fleas & Ticks
• Allergies
• Pain Relief & Arthritis
• De-wormers
• Others

By Form:

• Chewables & Tablets
• Capsules & Ointment
• Sprays
• Others

By Sales Channel:

• Pet Specialty Stores
• Veterinary Clinics
• Drug & Pharmacy Stores
• Online Retail
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• The Middle East and Africa

About the Consumer Product Division at Future Market Insights

The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

About Future Market Insights (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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The pet shampoo market is projected to achieve a valuation of US$ 517 million in 2022. With demand expected to increase steadily at a Compound Annual Growth Rate (CAGR) of 6% throughout the assessment period, the market is forecasted to reach US$ 934 million by 2032. The pet shampoo market holds a share of approximately 30% to 40% in the global pet grooming products market.

The pet shampoo market is growing mainly because with people learning ab In addition, as more people are expected to take up pets a situation which would make the market demand even much. Pet soap has been formulated for home pet’s skins which is less acidic compared to human skin. There are numerous kinds of shampoos for skins cases with different scent ion some scented and unscent. The fact that organic shampoo is containing no toxins period and will not cause any adverse effects benefits quite a number of pet owners.

Increasing disposable income of pet owners will have a positive impact on the growth in the pet shampoo market. People spend more on premium products for the well-being of their pets as they consider them as a part of the family.

Pet shampoos are considered one of the essential products in the pet grooming market. The key driver pushing the demand for pet shampoos is the rising awareness of pet care and customized products offered by manufacturers.

Key Takeaways:

• Supermarkets /hypermarkets and pet care shops are expected to be the most preferred sales channel for pet shampoos.
• Based on product type, sales of organic pet shampoos will continue gaining traction through 2032.
• The U.S. will continue dominating the North America pet shampoo market over the forecast period.
• China will account for a lion’s share in the East Asia pet shampoo market over the assessment period.

Competition Landscape

Leading companies operating in the pet shampoo market are focused on consumers’ interests, and advertisements to gain a competitive edge in the market. They are also launching products at online sales channels to improve sales.

• Petco Animal Supplies, Inc.
• Earthwhile Endeavours, Inc.
• Barklogic
• Wildwash
• Spectrum Brands Inc.,
• Petkin Inc.,
• General Nutrition Centers Inc.,
• Innovacyn Inc.
• earthbath
• Himalaya drug company

are some of the leading players operating in the market profiled by FMI.

Complete Market Review: A Full Report Analysis

Pet Shampoo Market by Category

Product Type:

• Natural/Organic
• Chemical

Treatment Type:

• Cleaning Shampoo
• Anti -Dandruff Shampoo
• Anti-Itching Shampoo
• Anti-fungal Shampoo
• Anti – Bacterial shampoo
• Others

Pet Type:

• Dogs
• Cats
• Others

Price Range:

• Premium
• Medium
• Economy

By Sales Channels:

• Direct Sales
• Pet care shops
• Supermarkets/Hypermarkets
• Commercial stores
• Wholesalers/Retailers
• Online Retailers
• Other Sales Channel

By Region:

• North America
• South Asia
• Europe
• LEMEA
• East Asia
• Oceania
• MEA
• Latin America

About Future Market Insights (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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The chirps of opportunity are getting louder in the bird food market. This market, valued at a healthy US$ 2,206.5 million in 2024, is projected to take flight, reaching a phenomenal US$ 3,229.5 million by 2034, fueled by a steady CAGR of 3.5%. Are you ready to spread your wings and capitalize on this flourishing industry?

Why the Bird Food Market is Your Songbird Sanctuary:

• The Conservation Calling: Growing public interest in birdwatching and conservation translates to a surge in wild bird feeding. Cater to this trend with high-quality bird food that attracts a diverse range of avian visitors.
• Quality over Quantity: Today’s consumers are discerning. Offer premium bird food options made with natural, healthy ingredients, similar to pet food, to attract quality-conscious bird enthusiasts.
• Healthy Birds, Happy Customers: The demand for bird food formulated with essential nutrients is soaring. Eliminate artificial additives, preservatives, and fillers from your products to resonate with health-conscious consumers.
• Embrace Sustainability: Eco-conscious buyers are on the rise. Offer bird food sourced sustainably and packaged in eco-friendly materials to differentiate your brand and attract environmentally responsible customers.

Competitive Edge for Visionary Leaders:

This dynamic market demands a strategic approach:

• Know Your Birds, Know Your Blends: Develop specialized bird food blends tailored to the dietary needs of different bird species like hummingbirds, finches, or woodpeckers.
• Convenience is Key: Cater to the modern consumer by offering subscription services and online ordering options for easy and convenient bird food delivery.
• Educate and Elevate: Become a trusted resource for bird enthusiasts. Provide educational content about attracting birds, their feeding habits, and proper bird feeding practices.
• The Future is Digital: Embrace digital marketing strategies to reach a wider audience and connect with passionate bird lovers online.
• Innovation Takes Flight: Stay ahead of the curve by developing innovative bird food products that enhance the quality of life for feathered friends.

Consumers are increasingly turning to e-commerce sites to buy bird food and supplies since they can provide a large variety of products at exceptional discounts and rates.

Furthermore, e-commerce websites may assist customers modify items based on their individual needs, even if the product is not accessible in a given country’s market. Leading e-commerce sites such as Walmart, Alibaba, and Amazon provide a diverse selection of items from across the world.

Key Takeaways:

• Humanization of pets has raised consumer awareness, which has resulted in increasing expenditure on bird food.
• South America bird food market is expected to lead the global bird food market over the forecast period
• Due to the growing trend of pet-parent culture in countries such as China, Japan, India, and Korea, the Asia Pacific market is predicted to rise at a faster rate.
• Bird feeding activity is gaining popularity in developed regions such as North America and Europe.

Who is winning?

Major players present in the bird food market are

• Wild Birds Unlimited Inc.
• Bulldog Products
• Des Moins Feed Co. Inc.
• Kaytee Products, Inc.
• Pennington Seed Inc.
• D Pet Products.
• F.M. Brown’s Sons, Inc.
• Wagner’s LLC.
• Hartz
• Mars Inc.
• Mogiana Alimentos SA

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global bird food market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032.

The study divulges compelling insights on the bird food market based on by types (Seed, Feed, Treats, Suet, Others) by price range (low, medium, and premium), by bird type (wild birds, caged birds, etc), by sales channel (wholesalers/distributors, hypermarkets/supermarket, specialty stores/pet stores convenience stores, online retailers, other retail formats) & Region

Complete Market Review: A Full Report Analysis

Bird Food Market Outlook by Category

By Product Type:

• Seed
• Feed
• Treats
• Suet
• Others

By Price Range:

• Economical
• Mass
• Premium

By Bird Type:

• Wild Birds
• Caged Birds

By Sales Channel:

• Supermarkets/Hypermarkets
• Pet Specialty Stores
• Drug & Pharmacy Stores
• Multi-Brand Stores
• Online Retailers
• Other Sales Channel

By End Users:

• Veterinary Specialty
• Households
• Animal Shelter

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania

About Future Market Insights (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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube