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Unleashing the Pet Care Industry's Explosive Growth Fueled by Humanization and Technological Advancements
- 2025/01/03
- 再生時間： 3 分
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Unleashing the Pet Care Industry's Explosive Growth Fueled by Humanization and Technological Advancements
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サマリー
あらすじ・解説
The pet care industry is experiencing significant growth, driven by increasing pet ownership and a trend towards treating pets as family members. According to recent reports, the global pet care market is expected to reach USD 598 billion by 2037, registering a CAGR of 6.6% from 2025 to 2037[3]. In the United States, the pet industry is projected to grow from USD 320 billion to nearly USD 500 billion by 2030, with sales reaching around USD 200 billion by the end of the next decade[4].
Key factors driving this growth include rising pet humanization, increased spending on pet healthcare, and a growing demand for premium pet food and services. The pet food segment is anticipated to dominate the pet care market share, with a projected revenue share of over 47% by 2037[3]. The dog segment is expected to lead the market, driven by the comfort and protection provided by dogs, as well as their role in promoting exercise and preventing cardiovascular diseases[3].
The online pet market is also experiencing rapid growth, with a CAGR of 9.4% estimated for ecommerce sites selling pet products[2]. This shift towards online shopping is driven by consumer preference for convenience and a wider range of products. However, traditional brick-and-mortar establishments continue to hold a significant market share, particularly in the provision of high-quality food and services such as grooming and daycare[2][5].
Recent market movements include the expansion of pet daycare services, with the US pet daycare market size expected to reach USD 2.85 billion by 2030, registering a CAGR of 8.78% from 2025 to 2030[5]. The market is also witnessing the emergence of new competitors, including digitally native pet brands that are gaining market share through innovative products and services[2].
In terms of regulatory changes, there are no significant developments reported in the past week. However, the industry is expected to continue to evolve in response to changing consumer behavior and advances in technology.
Industry leaders are responding to current challenges by investing in product innovation, expanding their online presence, and focusing on premium services. For example, PetSmart and Petco are positioning themselves as exclusive providers of high-quality food and services, while digitally native brands are leveraging technology to offer unique products and services[2].
Compared to the previous reporting period, the pet care industry continues to experience strong growth, driven by increasing pet ownership and a trend towards premiumization. The online pet market is also gaining traction, with consumers increasingly turning to ecommerce sites for convenience and a wider range of products. As the industry continues to evolve, industry leaders will need to adapt to changing consumer behavior and advances in technology to remain competitive.
Key factors driving this growth include rising pet humanization, increased spending on pet healthcare, and a growing demand for premium pet food and services. The pet food segment is anticipated to dominate the pet care market share, with a projected revenue share of over 47% by 2037[3]. The dog segment is expected to lead the market, driven by the comfort and protection provided by dogs, as well as their role in promoting exercise and preventing cardiovascular diseases[3].
The online pet market is also experiencing rapid growth, with a CAGR of 9.4% estimated for ecommerce sites selling pet products[2]. This shift towards online shopping is driven by consumer preference for convenience and a wider range of products. However, traditional brick-and-mortar establishments continue to hold a significant market share, particularly in the provision of high-quality food and services such as grooming and daycare[2][5].
Recent market movements include the expansion of pet daycare services, with the US pet daycare market size expected to reach USD 2.85 billion by 2030, registering a CAGR of 8.78% from 2025 to 2030[5]. The market is also witnessing the emergence of new competitors, including digitally native pet brands that are gaining market share through innovative products and services[2].
In terms of regulatory changes, there are no significant developments reported in the past week. However, the industry is expected to continue to evolve in response to changing consumer behavior and advances in technology.
Industry leaders are responding to current challenges by investing in product innovation, expanding their online presence, and focusing on premium services. For example, PetSmart and Petco are positioning themselves as exclusive providers of high-quality food and services, while digitally native brands are leveraging technology to offer unique products and services[2].
Compared to the previous reporting period, the pet care industry continues to experience strong growth, driven by increasing pet ownership and a trend towards premiumization. The online pet market is also gaining traction, with consumers increasingly turning to ecommerce sites for convenience and a wider range of products. As the industry continues to evolve, industry leaders will need to adapt to changing consumer behavior and advances in technology to remain competitive.