Animal Care Services Market Size 2031 | Drivers and Opportunities
The Animal Care Services Market is expected to register a CAGR of 6.30% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report presents an analysis based on by type (livestock, companion). The report is further segmented by service (grooming service, boarding service, training service, day care services, others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Animal Care Services Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Animal Care Services Market Segmentation
Type- Livestock
- Companion
- Grooming Service
- Boarding Service
- Training Service
- Day Care Services
- Others
Strategic Insights
Animal Care Services Market Growth Drivers- Pet Ownership to be Increased: This increasingly pet ownership trend particularly among the generation of the millenniums has affected the pet care industry most. More houses with pets mean more variety of complete care services, such as grooming, boarding and other care giving like veterinary services.
- Increased Treatment of Pets as Family Members: Treatment of pets like family members has generated a lot of concern and attention towards their well-being and provided facilities for their care. The humanization of pets also has gripped a lot of attention towards a very high increase in the market for animal care service since premium services are offered to pets by the majority.
- Advances in Veterinary Medicine: Technological innovations or advancements in veterinary practice have provided enhanced opportunities for improved quality and quantities of possible pet care. High-tech diagnostics, specialized treatments, and advanced procedures also give pet owners the incentive to spend more on all-around animal care services.
- Emerging Trends in Pet Care Services: Telehealth with Remote Vet Consultation-The most recent trend that has emerged in the stock of animal care services is the joining of online telehealth with remote veterinary consultation. It allows pet owners to have access to veterinary expertise from the reach of their homes and thus eliminates the need for an actual visit and brings the animal care providers closer to pet parents in their geographic area.
- Prestigious and Specialized Services: Pet owners have shown a surge in craving specialized and lavish animal care services like high-end boarding resorts, personalized grooming, and holistic veterinary care, whereby manufacturers and even service providers are evolving high-end offerings in sync with the increasing demand.
- Integrated and Comprehensive Care: Integrated and comprehensive animal care services will gain traction. Pet owners expect complete solutions that offer them a variety of services such as veterinary care, grooming, and training, right down to behavioral therapy, under one roof for their pet needs.
- Targeting Underserved Areas:Poor access to quality animal care services is another scenario in which many regions, particularly in developing countries, find themselves. An opportunity for market expansion in the above categories opens for providers who are in such underdeveloped areas with affordable and accessible care. Pet owners in these areas continue to pay for services they cannot afford.
- Specialization and Niche Services: Establishing services that are specialized or targeting the more niche populations of pets, such as reptiles or older pets, can create a unique opportunity for an animal care provider to identify himself as an expert in these areas and offer the unique opportunity for people to see his efforts in order to draw their business and have repeat customers.
- Leveraging Technology and Data Analytics: New-age technologies come with their advantages in fine collecting and analyzing data together with artificial intelligence to provide a better orientation or insight into the likes of customers, treatment patterns, and operational efficiency to animal care providers. With the application of these tools, the animal care provider can enhance their service, customer experience, and competitive advantage.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Animal Care Services Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Animal Care Services Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The animal care services market is estimated to grow with a CAGR of 5.7% from 2023 to 2031.
Asia Pacific region is likely to witness the fastest growth rate during the forecast period.
The animal care services market majorly consists of players such as Stryker, Medtronic, Zimmer Biomet Holding Inc., among others.
Development of surgical robots are likely to remain the key trend during the forecast period.
The market drivers include the increasing prevalence of chronic disorders and growing global medical device industry, which are driving the animal care services market.
North America dominated the animal care services market in 2023
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Animal Care Services Market - By Type
1.3.2 Animal Care Services Market - By Service
1.3.3 Animal Care Services Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ANIMAL CARE SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ANIMAL CARE SERVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ANIMAL CARE SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. ANIMAL CARE SERVICES - GLOBAL MARKET OVERVIEW
6.2. ANIMAL CARE SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. ANIMAL CARE SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LIVESTOCK
7.3.1. Overview
7.3.2. Livestock Market Forecast and Analysis
7.4. COMPANION
7.4.1. Overview
7.4.2. Companion Market Forecast and Analysis
8. ANIMAL CARE SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE
8.1. OVERVIEW
8.2. SERVICE MARKET FORECASTS AND ANALYSIS
8.3. GROOMING SERVICE
8.3.1. Overview
8.3.2. Grooming Service Market Forecast and Analysis
8.4. BOARDING SERVICE
8.4.1. Overview
8.4.2. Boarding Service Market Forecast and Analysis
8.5. TRAINING SERVICE
8.5.1. Overview
8.5.2. Training Service Market Forecast and Analysis
8.6. DAY CARE SERVICES
8.6.1. Overview
8.6.2. Day Care Services Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. ANIMAL CARE SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Animal Care Services Market Overview
9.1.2 North America Animal Care Services Market Forecasts and Analysis
9.1.3 North America Animal Care Services Market Forecasts and Analysis - By Type
9.1.4 North America Animal Care Services Market Forecasts and Analysis - By Service
9.1.5 North America Animal Care Services Market Forecasts and Analysis - By Countries
9.1.5.1 United States Animal Care Services Market
9.1.5.1.1 United States Animal Care Services Market by Type
9.1.5.1.2 United States Animal Care Services Market by Service
9.1.5.2 Canada Animal Care Services Market
9.1.5.2.1 Canada Animal Care Services Market by Type
9.1.5.2.2 Canada Animal Care Services Market by Service
9.1.5.3 Mexico Animal Care Services Market
9.1.5.3.1 Mexico Animal Care Services Market by Type
9.1.5.3.2 Mexico Animal Care Services Market by Service
9.2. EUROPE
9.2.1 Europe Animal Care Services Market Overview
9.2.2 Europe Animal Care Services Market Forecasts and Analysis
9.2.3 Europe Animal Care Services Market Forecasts and Analysis - By Type
9.2.4 Europe Animal Care Services Market Forecasts and Analysis - By Service
9.2.5 Europe Animal Care Services Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Animal Care Services Market
9.2.5.1.1 Germany Animal Care Services Market by Type
9.2.5.1.2 Germany Animal Care Services Market by Service
9.2.5.2 France Animal Care Services Market
9.2.5.2.1 France Animal Care Services Market by Type
9.2.5.2.2 France Animal Care Services Market by Service
9.2.5.3 Italy Animal Care Services Market
9.2.5.3.1 Italy Animal Care Services Market by Type
9.2.5.3.2 Italy Animal Care Services Market by Service
9.2.5.4 Spain Animal Care Services Market
9.2.5.4.1 Spain Animal Care Services Market by Type
9.2.5.4.2 Spain Animal Care Services Market by Service
9.2.5.5 United Kingdom Animal Care Services Market
9.2.5.5.1 United Kingdom Animal Care Services Market by Type
9.2.5.5.2 United Kingdom Animal Care Services Market by Service
9.2.5.6 Rest of Europe Animal Care Services Market
9.2.5.6.1 Rest of Europe Animal Care Services Market by Type
9.2.5.6.2 Rest of Europe Animal Care Services Market by Service
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Animal Care Services Market Overview
9.3.2 Asia-Pacific Animal Care Services Market Forecasts and Analysis
9.3.3 Asia-Pacific Animal Care Services Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Animal Care Services Market Forecasts and Analysis - By Service
9.3.5 Asia-Pacific Animal Care Services Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Animal Care Services Market
9.3.5.1.1 Australia Animal Care Services Market by Type
9.3.5.1.2 Australia Animal Care Services Market by Service
9.3.5.2 China Animal Care Services Market
9.3.5.2.1 China Animal Care Services Market by Type
9.3.5.2.2 China Animal Care Services Market by Service
9.3.5.3 India Animal Care Services Market
9.3.5.3.1 India Animal Care Services Market by Type
9.3.5.3.2 India Animal Care Services Market by Service
9.3.5.4 Japan Animal Care Services Market
9.3.5.4.1 Japan Animal Care Services Market by Type
9.3.5.4.2 Japan Animal Care Services Market by Service
9.3.5.5 South Korea Animal Care Services Market
9.3.5.5.1 South Korea Animal Care Services Market by Type
9.3.5.5.2 South Korea Animal Care Services Market by Service
9.3.5.6 Rest of Asia-Pacific Animal Care Services Market
9.3.5.6.1 Rest of Asia-Pacific Animal Care Services Market by Type
9.3.5.6.2 Rest of Asia-Pacific Animal Care Services Market by Service
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Animal Care Services Market Overview
9.4.2 Middle East and Africa Animal Care Services Market Forecasts and Analysis
9.4.3 Middle East and Africa Animal Care Services Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Animal Care Services Market Forecasts and Analysis - By Service
9.4.5 Middle East and Africa Animal Care Services Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Animal Care Services Market
9.4.5.1.1 South Africa Animal Care Services Market by Type
9.4.5.1.2 South Africa Animal Care Services Market by Service
9.4.5.2 Saudi Arabia Animal Care Services Market
9.4.5.2.1 Saudi Arabia Animal Care Services Market by Type
9.4.5.2.2 Saudi Arabia Animal Care Services Market by Service
9.4.5.3 U.A.E Animal Care Services Market
9.4.5.3.1 U.A.E Animal Care Services Market by Type
9.4.5.3.2 U.A.E Animal Care Services Market by Service
9.4.5.4 Rest of Middle East and Africa Animal Care Services Market
9.4.5.4.1 Rest of Middle East and Africa Animal Care Services Market by Type
9.4.5.4.2 Rest of Middle East and Africa Animal Care Services Market by Service
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Animal Care Services Market Overview
9.5.2 South and Central America Animal Care Services Market Forecasts and Analysis
9.5.3 South and Central America Animal Care Services Market Forecasts and Analysis - By Type
9.5.4 South and Central America Animal Care Services Market Forecasts and Analysis - By Service
9.5.5 South and Central America Animal Care Services Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Animal Care Services Market
9.5.5.1.1 Brazil Animal Care Services Market by Type
9.5.5.1.2 Brazil Animal Care Services Market by Service
9.5.5.2 Argentina Animal Care Services Market
9.5.5.2.1 Argentina Animal Care Services Market by Type
9.5.5.2.2 Argentina Animal Care Services Market by Service
9.5.5.3 Rest of South and Central America Animal Care Services Market
9.5.5.3.1 Rest of South and Central America Animal Care Services Market by Type
9.5.5.3.2 Rest of South and Central America Animal Care Services Market by Service
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ANIMAL CARE SERVICES MARKET, KEY COMPANY PROFILES
11.1. PETSMART
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. PETCO ANIMAL SUPPLIES
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. VCA INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. JUST FOR PETS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ANIMAL CARE SYSTEMS INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BEST FRIENDS PET CARE
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. DOSKOCIL MANUFACTURING COMPANY, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. THEPETNEST
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. AUSSIE PET MOBILE
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. HOLLYWOOD GROOMING INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. PetSmart
2. PETCO Animal Supplies
3. VCA Inc.
4. Just For Pets
5. Animal Care Systems Inc.
6. Best Friends Pet Care
7. Doskocil Manufacturing Company, Inc.
8. ThePetNest
9. Aussie Pet Mobile
10. Hollywood Grooming Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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