(Online Herald News — May 19, 2017) –Animal care services market is moving upwards with consideration to the global scenario. The increased proportion of pet ownership and rise in per pet ownership are the drivers towards the growth. Market Research Reports Search Engine (MRRSE) has added a latest study titled as “Animal Care Services Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 – 2024” to its vast archive of research reports. It highlights the animal care service market growth, size, trend and share. Moreover, the report also forecasts the growth in the market for 2016-2024 in spite of recession as a constraint.
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The consist 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 pet is away or at work. Pet training involves preparing the animal for riding, security, obedience and assisting disabled people. Dogs and horses are the most commonly trained animals and this service also comprises familiarizing the animals to the human voice and command. Grooming service involves hair styling, coloring, trimming, nail polishing, oil massage and others.
Due to the changing outlook of people towards pets, the animal care service market is increasing rapidly and it has been reported that approximately USD 55.72 billion were spent on pet care in the United States in 2013 and that value has surged to reach around USD 58.51 billion during 2014.
The research report has analyzed the emerging markets and their prospects. It states that the emerging economies lead to enhanced disposable income and growing trend of adopting pet animals, which is seen as one of the driving factors for the market’s growth in these regions. Asia-Pacific, China, India, Japan, Australia and New Zealand are the most promising markets and offer immense opportunities to players operating in this market. 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.
The provided report highlights the changes in market dynamics, market segmentation, reporting & evaluating recent industry development, market share & strategies of key players and finally recommendation to companies for strengthening their foothold in the market. The study is compiled through extensive research comprising interviews, surveys and observations of the analyst, trade journals and industry body database. It comprises a complete qualitative and quantitative assessment through different industry sources.
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