18 January 2019: Global
Companion Animal Care Market is expected to grow at a
significant CAGR in the upcoming years as the scope and its applications are
increasing across the globe. An animal that serves as a company to a person,
safeguards and entertains is known as a companion animal. The health of these
animals is very important, and a number of products are available in the market
to improve the quality of their lives.
The factors that propel the growth of the United States
Companion Animal Care Market include increasing demand, rapid urbanization
& industrialization, and product development & technological
innovations. In addition, some of the key factors that drive the market growth
include increasing adoption of companion pets especially in developed
countries, growing awareness about animal welfare, and increasing number of
different types of diseases.
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Moreover, aging population, rise in pet ownership,
humanizing of pets and growth in the pet preventative healthcare programs positively
impact the market growth. On the other hand, allergies from pets may pose a
threat to the market growth. Companion Animal Care Market is classified on the
basis of product type, applications, distribution channel and geography.
Companion Animal Care Market is segmented by product type as Grooming Products,
Utility Products, Housing Products, Styling Products, and others.
Companion Animal Care Market is classified on applications
as Dogs, Birds, Cats, and others. Companion Animal Care Market is segmented by
distribution channel as online stores, specialty stores and others. United
States Companion Animal Care Market is classified on the basis of geography as
The West, Southwest, The Middle Atlantic, New England, The South and The
Midwest.
Some of the key players that fuel the growth of the United
States Companion Animal Care Market include Snyder Manufacturing Inc.,
Countrywide Farmers PLC, J. M. Smucker (Big Heart Pet Brands), Armitage Pet
Care, Luxury Cat Condos, Vetoquinol, Mars, Delton Pet Homes, Leonard F. Jollye
Brookmans Parks Ltd, Rosewood Pet Products Ltd, Beaphar International,
AnimalCare, Ancol Pet Products Ltd, CEVA Logistics, Ancol Pet Products Limited,
and others. The key players are focusing on inorganic growth to sustain
themselves amidst fierce competition. As such, mergers, acquisitions, and joint
ventures are the need of the hour.
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