Global Animal Care Services Market Report and Forecast 2023-2028

Global Animal Care Services Market Report and Forecast 2023-2028
Market Outlook

According to the report by Expert Market Research (EMR), the global animal care services market reached a value of USD 55.68 billion in 2022. Aided by the escalating adoption of pets, rising animal health expenditure, and a deeper societal emphasis on animal welfare, the market is projected to further grow at a CAGR of 6.4% between 2023 and 2028.

Animal care services span a wide spectrum, from veterinary care, pet grooming, and boarding facilities to animal rescue services and wildlife conservation efforts. These services are indispensable in safeguarding animal health, ensuring their well-being, and fostering a harmonious human-animal bond. In tandem with societal advancements, there's an escalating acknowledgment of animals' rights, needs, and their overarching significance in the human ecosystem.

A key catalyst propelling the animal care services market growth is the burgeoning pet adoption trend. As households increasingly embrace pets as integral family members, there's an amplified demand for quality veterinary services, grooming, boarding, and holistic pet care solutions. The emotional quotient attached to pets has led to higher spending on their health, nutrition, and overall welfare, thus invigorating the market demand.

As per the animal care services market analysis, the heightened awareness regarding animal welfare and rights is instrumental in the market's growth trajectory. Campaigns, advocacies, and public sentiments against animal cruelty have paved the way for more robust animal rescue services and rehabilitation centres worldwide. These initiatives, coupled with the global movement towards wildlife conservation, have fortified the emphasis on comprehensive animal care services.

The professionalisation of pet services, including grooming, training, and boarding, has further accentuated the market's dynamism. As pet owners become more discerning, seeking specialised and high-quality services, establishments catering to these niche demands have proliferated. From pet spas and luxury boarding facilities to advanced training regimes, the offerings in this segment have undergone significant evolution and sophistication.

Furthermore, the animal care services market demand is witnessing a surge, driven by the agrarian sectors. Livestock health management, breeding services, and animal husbandry solutions play a pivotal role in global food supply chains. With the increasing emphasis on sustainable and ethical farming practices, comprehensive animal care regimes have gained prominence in ensuring livestock well-being and productivity.

Market Segmentation

The market can be divided based on animal type, service type, distribution channel, and region.

Market Breakup by Animal Type LivestockPoultryCattleSwineSheep and GoatHorseOthersCompanionDogsCatsOthersMarket Breakup by Service Type Day CareBoarding ServicesTraining ServicesGrooming OthersMarket Breakup by Distribution ChannelCommercial FacilitiesMobile/OutdoorsOthersMarket Breakup by RegionNorth AmericaEuropeAsia PacificLatin AmericaMiddle East and AfricaCompetitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global animal care services market. Some of the major players explored in the report by Expert Market Research are as follows:PetBackerAll American Pet Resorts, LLCAnvis Inc.Highland Canine Training, LLCAirPets Relocation Services Pvt. Ltd.Wag Labs, Inc.Paradise 4 Paws, LLCBarking Mad, LLCOthersAbout Us

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.