USA and Canada Pet Care Products Market is Projected to hit US$ 21,762.7 Million at a CAGR of 5.1% during 2023 to 2033

NEWARK, DE / ACCESSWIRE / June 6, 2023 / 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 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.

Find an overview of market size and forecast along with the research methodology. This Sample report is available in PDF format

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.

Changing consumer lifestyles, and the rise in pet humanization, where pets are seen as members of the family and receive the same level of care and attention as humans, are other key factors contributing to high demand in the market.

The market is highly competitive, with a large number of brands and manufacturers offering a wide range of products. Some of the key players in the USA pet care products market include Nestle Purina, Mars Petcare, and others.

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.

Ask our Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-17320

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

Didn't find your desired data? Ask for report customization @https://www.futuremarketinsights.com/customization-available/rep-gb-17320

Table of Content (ToC):

1. Executive Summary

1.1. United States & Canada Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.1.1. Emphasis On Education of Cat Parents

3.1.2. Rise in Consumer Spending On Alternative Litter

3.1.3. Sustainability and Creating Shared Value

3.1.4. Growing Expenditure on Pets

3.1.5. Others (during the course of the study)

3.2. Future Prospects of Industry

3.2.1. Factors Fueling Growth

3.2.2. Influx of Brands

3.2.3. Increasing Demand for Sustainable Products

4. Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical and Current Market Household Expenditure on Pet Care Analysis, 2018 to 2022

4.2. Y-o-Y Growth Trend Analysis

4.3. Y-o-Y Growth Trend Analysis

5. Market - Pricing Analysis

5.1. Regional Pricing Analysis By Product Type

5.2. Pricing Break-up

5.2.1. Manufacturer-Level Pricing

5.2.2. Distributor Level Pricing

5.3. Global Average Pricing Analysis Benchmark

Access the full ToC here @ https://www.futuremarketinsights.com/toc/rep-gb-17320

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Pet Monitoring Camera Market Value: The global demand for pet monitoring cameras is expected to exhibit a CAGR of 5.5% per year to US$ 54.3 million in 2022.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

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SOURCE: Future Market Insights, Inc.

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