Pet Humanization Trends in the US to Accelerate in the Years Ahead, Says Euromonitor in Its Discounted Topical Study Available at MarketPublishers.com
30 Mar 2017 • by Natalie Aster
LONDON – In the wake of weak pet population increase and a noteworthy shift to smaller dog breeds, value growth in the US pet care market was spurred majorly by enhancing average unit prices as of 2015. As owners in the country continue to humanize their pets, most of them want to integrate their own dietary trends in foods for their pet companions (for instance, less processed or gluten-free). This propels robust growth in premium food sector with natural, raw diet, grain-free or paleo positioning. Furthermore, pet humanization also spurs the demand for other pet products like apparel, toys and many other pet accessories.
Rising number of millennials as pet owners in the US is good news for pet humanization trends, which are poised to increase in the short run. As owners of pets in the country look to pamper their companions, they are expected to invest more in higher-quality food and other pet products that contribute to the wellbeing, health and happiness of their pets.
Therefore, whilst volume sales in the US pet care market are expected to remain sluggish given weak pet population trends, average unit prices together with value sales are predicted to continue rising.
Topical research publication “Pet Care in the US” prepared by Euromonitor International gives a comprehensive guide to the pet care market in the US as well provides access to trustworthy data, updated statistics and important estimates (historical, present and forecast).
The report reviews the situation across the major market segments, examines the key market growth driving and restraining factors, explores top trends as well as identifies lucrative growth opportunities and prospects. It points out leading companies, characterizes competitive landscape, touches upon regulative framework, touches upon the recent developments and product launches, and highlights the hottest issues. Additionally, the report contains a future outlook for the US pet care market through 2020.
Attention! Till March 31, 2017 this report is available at a discounted price! Take time by the forelock and get this in-demand research study at a lucrative price!
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