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North American Pet Products Market Research Report
Pet products have become an indispensable consumer good. As people’s standards for their pets’ quality of life continue to rise, the pet products market has grown into a vast industry.
This report will focus on the North American pet products market and conduct market research.
1. Market Overview and Market Size
According to data from Statisata, the North American pet products market was valued at approximately $7.66 billion in 2021 and is expected to reach around $9 billion by 2025. The primary consumers in the North American pet products market are middle-class families and single individuals. Data from the American Pet Association indicates that the proportion of American households with pets has reached 67%, and as the demand for pet breeding among young people increases, this percentage continues to rise.
2. Market Distribution
The North American pet products market is widely distributed, encompassing large pet product chains, online shopping malls, large supermarkets, and small retail stores. Among these, large chains such as Pet Smart and Petco hold a portion of the market share. Online shopping platforms like Amazon also have a significant presence in this market.
3. Market Trends
Healthy Diet: As more attention is paid to healthy living, an increasing number of pet owners are focusing on their pets’ healthy diets. Choosing healthy and natural food for pets has become a trend. For instance, more consumers are opting for pet food with organic grains and plant protein. Personalization is another trend in the pet products market, with many consumers desiring unique products for their pets. This demand has led to a rise in customized pet products on the market. Intelligence is an emerging trend in recent years, with products like smart feeders, smart care instruments, and smart collars. These intelligent products not only make it more convenient for pet owners to care for their pets but also introduce new offerings to the market.
4. Market Competition
The North American pet products market is highly competitive. Companies with large market shares include Pet Smart, Petco, and the online retailer Chewy. These companies dominate most of the North American pet products market, with leaders PetSmart and Petco each operating pet product retail stores. PetSmart is one of the largest specialty pet product retailers in North America, with over 1,600 stores across the United States, Canada, Puerto Rico, and other locations. Petco is also a pet product retailer with more than 1,500 stores, including pet hospitals, training centers, and other businesses. Additionally, Chewy is an online e-commerce platform that sells pet supplies. It has performed well in the North American market, and its surging revenue and user growth rate have drawn market attention. Amidst this competitive landscape, Wenzhou Ideas Pet Products Co., Ltd. was established. With years of expertise in the pet products industry, we have positioned ourselves as a reliable manufacturer and supplier serving customers from the United States, Canada, and Europe. Our extensive product range caters not only to pet supply stores but also to Amazon and eBay sellers, making us a versatile partner in the pet supply market. This strategic positioning enables us to serve a diverse clientele, offering a variety of products that align with the latest market trends and consumer demands.
Angelia Zhu
E-MAIL: Angelia@ideaspet.com
TEL : +8618815192249
( Whatsapp & Wechat )
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