Digital Pet Care Products and Services Market Overview 2024-2033 – Competitive Landscape and Strategies

The Digital Pet Care Products and Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Digital Pet Care Products and Services Global Market Report 2024, The digital pet care products and services market size has grown rapidly in recent years. It will grow from $88.34 billion in 2023 to $97.34 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%.  The  growth in the historic period can be attributed to humanization of pets, increased awareness of pet health, convenience and accessibility, pet insurance and wellness programs, rising pet ownership ..

The digital pet care products and services market size is expected to see rapid growth in the next few years. It will grow to $147.16 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%.  The growth in the forecast period can be attributed to telehealth and remote veterinary services, focus on mental health and well-being, subscription-based services, personalized nutrition solutions, focus on aging pet population, focus on pet fitness and exercise.. Major trends in the forecast period include rise of smart pet products, mobile apps for pet care, iot in pet tracking and monitoring, personalized pet health records, social media influence on pet trends,.

The increased pet adoption rate is expected to propel the growth of the digital pet care products and services market going forward. Pet adoption refers to the process of acquiring a pet from a shelter or rescue. Pet adoption is contributing to the demand for luxury pet care goods and services to keep them healthy, happy, and safe. For instance, according to the 2021-2022 American Pet Products Association (APPA) survey by the human society of the United States, a US-based non-profit organization, 128.451 million U.S. households have a pet, and 69 million (54%) of US households own at least one dog. Therefore, the increased pet adoption rate is driving the growth of the digital pet care products and services market.

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The digital pet care products and services market covered in this report is segmented –

1) By Type: Pet Food, Pet Care Products, Services
2) By Source: Animal-Based, Plant-Based, Synthetic
3) By Animal: Dogs, Cats, Birds, Fishes, Horses

Adopting internet of things (IoT)-enabled technologies is a key trend gaining popularity in the digital pet care products and services market. Major companies operating in the digital pet care products and services market are adopting IoT-enabled (Internet of things) technology in pet tracking devices to allow pet owners to track the activity and location of their pets seamlessly. For instance, in May 2021, Nestle Purina Australia, an Australia-based pet care products company, launched Nestle Purina CHEKR, a connected smart bowl and accompanying app for pets to assist pet owners with feeding the correct food in the proper portion every time. Nestle Purina CHEKR leverages amazon web services (AWS) IoT analytics, AWS IoT core, and apache solr to connect devices to the cloud and process hundreds of data points to deliver personalized food recommendations.

The digital pet care products and services market report table of contents includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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