Global Animal
Care Services Market: Overview
The Animal
Care Services Market
consists of day care, pet training, boarding services, grooming
services, pet supplies, specialized food supplies and waste removal
services. Day care involves feeding, walking and playing when the
owner of the animals is at work or away from home. Day care service
providers also arrange birthday parties and celebrations for pets.
Pet training involves preparing the animals for riding, obedience,
security and assisting disabled people. It also involves
familiarizing the animals to the human voice and commands. Dogs and
horses are the most commonly trained animals. Boarding services are
provided to pets of owners who are out of town. Boarding services of
various prices and comfort levels are offered to pet owners looking
for franchises to look after their pets. Most of animal owners do not
have time for grooming their pets at home and thus they seek
franchises offering grooming service for pets. Grooming services
include hair styling and trimming, coloring, nail polishing, oil
massages, paw treatments, aroma therapy rinses, ear cleaning and
de-shedding. Pet supplies include supplying of general outfits to
designer name brands, specialty shampoos, gadgets such as automated
food dispensers, electric tooth brush and mouth wash. There are many
animal service providers that offer personalized foods, weight
management foods, organic foods and energy treats for pets.
Global Animal
Care Services Market: Drivers and Restraints
The animal care
services market is experiencing tremendous growth worldwide. The
growth of this market is mainly driven by the increase in pet
ownership and rise in per pet spending. The growing trend of treating
animals like one’s own children is encouraging pet owners to spend
money on their pets far beyond simple food and routine expenses.
According to the American Pet Products Association, pet ownership has
increased significantly over past four decades. In 1970,
approximately 67 million households had pets, while in 2012 this
number increased to nearly 164 million. The American Pet Products
Association further states that approximately USD 55.72 billion were
spent on pet care in the United States in 2013 and it is expected
that the spending will reach around USD 58.51 billion during 2014.
The industry did not experience a decline in pet spending even during
the recession times, mainly because of pet owners increasingly
viewing their pets as a family member and not wanting to compromise
even during difficult times.
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Global Animal
Care Services Market: Geographical Dynamics
Geographically,
North America and Europe are the largest markets for animal care
services owing to the presence of a large number of households with
pet animals and high level of awareness regarding animal cleanliness
and sanitization. Also, people in these regions have been identified
as loving animals more than people in developing nations, which is
one of the major reasons causing increase in number of pet ownerships
in these regions. Over the past few years, Asia-Pacific is also
witnessing a sudden rise in the number of pet ownerships. Emerging
economy leading to enhanced disposable income and growing trend of
adopting pet animals are some major factors driving the market’s
growth in these regions. In Asia-Pacific, Japan, China, India,
Australia and New Zealand are the most promising markets and offer
immense opportunities to players operating in this market. In Rest of
the World (RoW), Brazil, Mexico, Israel, South Africa and Russia are
the major markets where animal care services are expected to record
sustained growth during the coming years.
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