Euromonitor international pet care 25ed.

Euromonitor international pet care 25ed . Purchase the Pet Care in Vietnam Country Market Insight as part of our Pet Care research for May 2024. Learn about our research analysis and interactive database on pet care; Explore tools available in Passport that will support your strategic business decisions; Identify the categories and geographical coverage for pet care in Passport Uncover industry trends across home & garden, home care and pet care Industrial Markets Analyse the size, structure and potential of business-to-business (B2B) markets Hình 4: Thị phần các thương hiệu sản phẩm thú cưng, nguồn Euromonitor International (5/2024) Tiềm năng phát triển thị trường chăm sóc thú cưng tại khu vực Đông Nam Á và Việt Nam Purchase the Pet Care in Thailand Country Market Insight as part of our Pet Care research for April 2024. Purchase the Where Consumers Shop for Pet Care Global Briefings as part of our Pet Care research for March 2025. These trends provide insight into changing consumer values, exploring how consumer behavior is shifting and causing disruptions for businesses globally. Increasing demand for services such as pet hotels and care givers. Nov 14, 2024 · 2025년 소비자 트렌드 관통하는 핵심 키워드 물가 지속가능성 건강수명; 한국 소비자, 평균 실종 소비에서 계획 소비로 탈바꿈 (2024년 11월 14일, 런던, 영국) -- 글로벌 데이터 분석 기업인 유로모니터 인터내셔널은 14일 2025년 주요 글로벌 소비자 트렌드 5가지를 발표했다. The expansion of private label products in packaged food continues across Latin America, driven by a positive growth cycle fuelled by the uncertain and challenging macroeconomic environment, consumers’ increasing need to cut costs, the transformation of the retail landscape, and the clear business advantages retailers Pet humanisation will continue to be a strong factor in pet products, however, economic factors will also be at play and budget-conscious consumers may take a conservative approach to buying pet products, and selecting those which are deemed to be more essential as opposed to “nice-to-haves”, or selecting cheaper options. This year, premiumisation has become a sharpening double-edged sword for future growth in pet care. With pet healthcare and dietary supplements enjoying historic growth, consumer preferences are shifting toward addressing pets' specific physical and mental Purchase the Pet Care in South Korea Country Market Insight as part of our Pet Care research for April 2024. Intensified concerns over health, stimulated by the pandemic period, coupled with the surge in pet adoption, has created an ideal environment for the growth of pet care services in the coming years. 5 days ago · The global pet care market is expected to reach the value of USD 215bn in 2025. Purchase the Pet Products in South Korea Country Sector Briefing as part of our Pet Products research for April 2024. Within pet care in Canada, pet food continued its trajectory of modest retail volume and strong value growth in 2023, with similar increments expected over 2024. Pet care in Chile is witnessing a series of transformative trends. Inflationary pressures create a challenging environment in the near term, but long-term prospects are expected to support premiumisation efforts. Jun 30, 2022 · As a sign that natural recipes are also being favoured, “free from” claims are gaining in popularity within pet food. In spite of high inflation rates in the region, growth has remained strong post-pandemic, albeit down on the 2020-2021 period, with the premiumisation trend slowing slightly in some countries. Source: Euromonitor International. Meanwhile, US-based Chewy, split from PetSmart in 2020, has seen an opportunity to enter the Canadian pet care Euromonitor International's Pet Products in Indonesia report offers a comprehensive guide to the size and shape of the market at a national level. The competitive landscape of pet care in Hong Kong is becoming increasingly fragmented, as both pet care and non-pet care brands seek premium market opportunities. Nov 27, 2023 · Each year, Euromonitor International identifies emerging and fast-moving trends expected to gain traction in the following year and have the most impact on the market. Pet care in Australia continues to face challenges amid the economic slowdown, but is still demonstrating resilience and growth in both retail volume and current value terms in 2024. Apr 11, 2025 · Thị trường chăm sóc thú cưng toàn cầu đặc biệt là tại Việt Nam đang cho thấy tiềm năng tăng trưởng mạnh mẽ với tốc độ tăng trưởng kép hàng năm đạt 7,03%. Purchase the Pet Care in Asia Pacific Global Briefings as part of our Pet Care research for May 2024. Purchase the Pet Care in Norway Country Market Insight as part of our Pet Care research for April 2024. Purchase the Pet Care in India Country Market Insight as part of our Pet Care research for June 2024. 6B), and in 2021 it passed the $150 billion (€132. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. Three key innovation platforms are identified for global pet food in 2023/2024, with product examples from large global e-commerce retailers over the last 12 months. Table 2 Sales of Pet Food by Category: Volume 2019-2024; Table 3 Sales of Pet Care by Category: Value 2019-2024; Table 4 Sales of Pet Food by Category: % Volume Growth 2019-2024; Table 5 Sales of Pet Care by Category: % Value Growth 2019-2024; Table 6 NBO Company Shares of Pet Food: % Value 2019-2023; Table 7 LBN Brand Shares of Pet Food Pet care in 2024: The big picture. With Hong Kong holding the highest spend per capita for pet care in the region, this favourable opportunity has attracted dietary brands which have recognised the demand for premium Purchase the Pet Care in Italy Country Market Insight as part of our Pet Care research for April 2024. The sharp volume sales climb within pet care through 2020 and 2021, exemplifies the market’s resilience. This robust growth provides opportunities for pet care companies to grow their business. As noted in Euromonitor International’s Products Claims and Positioning 2021, the top four claims such as grain free, no artificial preservatives, colours, and flavours are increasingly visible on product packaging. Apr 19, 2024 · Three consumer trends—Value Hackers, Delightful Distractions and Wellness Pragmatists—stand out as the most relevant for the pet care industry in 2024, primarily due to the impact of inflation, pet humanisation and health concerns. Purchase the Pet Care in Ireland Country Market Insight as part of our Pet Care research for April 2024. Uncover industry trends across home & garden, home care and pet care Industrial Markets Analyse the size, structure and potential of business-to-business (B2B) markets Pet care in 2024: The big picture. In a slowly improving economic situation, but with disposable incomes and purchasing power remaining under pressure, consumers are still looking to economise on pet food and products as with human food and products and services. Purchase the Pet Care in Mexico Country Market Insight as part of our Pet Care research for May 2024. The session is in English. 8B), in 2020 it was $140 billion (€123. PROSPECTS AND OPPORTUNITIES Need for general health and wellbeing, and societal rules will drive the growth of pet products. Pet care in Germany is experiencing some shifts, driven by changing consumer behaviours and market dynamics. However, as inflationary pressures remain high in 2022 and are expected to continue into 2023, consumers face shrinking disposable incomes and spikes in unit prices. Jan 24, 2022 · Euromonitor International data shows that since 2019 the global pet care sales have dramatically increased. Volume growth slowed down to 1% as purchasing power was negatively impacted by the increasing costs of living in 2023 and growth in the pet population also Global pet care market, especially in Vietnam, is showing strong growth potential with a compound annual growth rate of 7. Purchase the Pet Care in Indonesia Country Market Insight as part of our Pet Care research for April 2024. The latest research by Euromonitor International highlights the key changes and growth trends that will shape the future of the industry. Oct 31, 2022 · APAC market overview: Hong Kong's ultra-premium pet market and… Dec 14, 2021 · According to Euromonitor International’s Product Claims and Positioning system, within the nearly 4. Moving into the forecast period, the future also looks bright for pet care in this region, with all the main markets expected to register positive value growth rates, driven by, among other things, expanding pet populatios and the ongoing premiumisation and pet humanisation trends. Sep 30, 2024 · LONDON, UK – Pet humanisation and premium products drove global pet care sales up by 5. Euromonitor International’s World Market for Pet Care global briefing offers an insight into the development of the market, highlights buzz topics, emerging geographies, categories and trends as well as pressing industry issues and white spaces. This report gives a global overview of the pet care industry by delving into the evolution of the industry, and competitive environment as well as discussing the key trends that shape new product developments. While in 2019 the retail sales for the category represented a bit more than $130 billion (€114. Purchase the Pet Care in China Country Market Insight as part of our Pet Care research for April 2024. healthcare, pet dietary supplements, and other pet products According to Euromonitor International report pet food contributes about 85 of the total market value at 35,500 THB million Pet food has exploded with significant growth over 50 between 2014 Purchase the Pet Care in Asia Pacific Global Briefings as part of our Pet Care research for May 2024. The pet care industry in Chile is undergoing significant shifts and challenges amid several prevailing trends. Its main competitor, PetSmart, had a decent 2024 overall, but didn’t manage to take market share, according Euromonitor E-commerce data. Speaker: Tommaso Cappato, Senior Research Analyst Euromonitor International This presentation contemplates the extent of the inflation impact on pet care in Europe, and explores future pockets of growth. This report utilises Euromonitor International’s new Passport Innovation portal to explore new brand and sub-brand launches in global pet care. Euromonitor International is the leading provider of strategic market research reports. msipa@euromonitor. The deepening of the pet-owner relationship (can also be considered as a parent-child relationship), coupled with the need for convenient pet care, will drive the requirement for products for daily general health and wellbeing, accelerating the demand for pet products. 2024 key trends Pet care in 2024: The big picture. 2024 key trends. Pet care market resilient but not resistant to inflation. 1 million global pet care SKUs tracked in 2020, there are animal welfare, environmentally friendly, sustainable packaging and sustainable sourcing claims included under ethical labels. Table 31 Forecast Sales of Pet Care by Category: % Value Growth 2024-2029. Purchase the Pet Care in Poland Country Market Insight as part of our Pet Care research for May 2024. Pet care in the Netherlands continues to see consumers trade down in 2024. com +44 02072518024 Euromonitor International is the leading provider of strategic market research reports. 6 billion last year, according to data analytics firm Euromonitor International. 03%. Purchase the Pet Care in Brazil Country Market Insight as part of our Pet Care research for June 2024. As pets age, some of them require special care during their owner’s absence. Pet care sales reached US$ 110 billion in 2017 and experienced three percent compound annual growth between 2012-2017. Euromonitor International's Pet Care in Thailand report offers a comprehensive guide to the size and shape of the market at a national level. The Western European pet care market performed strongly during the pandemic, with pet adoption levels up and owners spending more time with their pets during home seclusion. Purchase the Pet Care in Peru Country Market Insight as part of our Pet Care research for May 2024. Despite a slowdown in the growth of the pet population, the industry continues to flourish, propelled by enduring trends such as humanisation, premiumisation, and sustainability. One notable trend is the impact of inflation on premium brands in dog and cat food. Table 27 Forecast Sales of Pet Care by Category: % Value Growth 2024-2029. Aug 9, 2023 · Since 2019, e-commerce’s share of pet care sales has increased from 18% to 29%. com For interviews or articles: EUROMONITOR PRESS OFFICE taffy. The demand for pet food, and pet care in general, continues to be driven by the population's unwavering love for furry (and feathery) companions. Euromonitor International's Pet Care in China report offers a comprehensive guide to the size and shape of the market at a national level. Pet care spending is the last category consumers consider reducing, highlighting the importance owners place on their pets Jan 25, 2024 · In this video, Sahiba Puri, a Senior Consultant at Euromonitor International, explores the concept of "need states" in pet health and its impact on product development and innovation. This shows the growing demand for pet care products, driven by many factors such as the increase in the number of pet owners, cultural changes, and growing the diversity of distribution channels. Purchase the Pet Care in the United Kingdom Country Market Insight as part of our Pet Care research for April 2024. It provides the latest retail sales data 2018-2022, allowing you to identify the sectors driving growth. euromonitor. However, the high inflation in the region was putting pressure on consumers’ purchasing power from 2022, negatively impacting volume sales in recent years. Pet care in 2024: The big picture. 9% to reach USD197. Euromonitor International’s Pet Care in Asia Pacific Pet care in 2024: The big picture. Pet care is set to maintain slow retail volume growth and more dynamic current value growth in the US in 2024. Mar 19, 2025 · In Canada, where the online pet specialist channel is growing, Pet Valu has been a key winner. Emerging pet care markets, such as Asia Pacific, owe their rapid development, to a large extent, to the widespread popularity of e-commerce platforms and O2O distribution across the region. The Growing Popularity of Private Label Packaged Food in Latin America. Purchase the Pet Care in Singapore Country Market Insight as part of our Pet Care research for May 2024. The premiumisation trend in the global pet care industry brings forth new opportunities for industry players. 4B) mark. www. Pet care growth rates spiked during the pandemic in Latin America, helped by consumers adopting pets for company during lockdowns. hgiev oktzzj cxawox rtgkfn odazmg sxqxki qpnvh jkgsyrz rvybqh bpfurp wfbqrf rkriwhn hmjqq tffc jnev