Press release
Pet Accessories Market to reach USD 14.77 billion by 2029 and Grow at a CAGR of 6.1%, Trends
Pets, often known as companion animals, are animals that are kept by humans for the purpose of providing comfort and company. Animals of diverse sorts are maintained as pets in many parts of the world. Pet accessories include animal items, which are also available in pet stores. Food, treats, toys, collars, leashes, kitty litter, cages, and aquariums are among the items sold.View Detailed Report: https://www.databridgemarketresearch.com/reports/global-pet-accessories-market
Pet owners are constantly on the lookout for durable and unusual accessories for their pets that are both appealing and long-lasting, and they are open to new products joining the market or switching from old to new ones. As a result, there is a large increase in demand for such products, which leads to an increase in the pet accessory market.
Data Bridge Market Research analyses that the pet accessories market is expected to grow at a CAGR of 6.1% and at a USD 9.2 billion in 2021 and is further estimated to reach USD 14.77 billion by 2029 during the forecast period.
Some of the major players operating in the pet accessories market are:
Pet insurance Solutions, LLC (US)
ferplast S.p.A (Italy)
countryvet (US)
Midwest homes for pets (US)
Cargill, Incorporated (US)
ADM (US)
BASF SE (Germany)
Bluestar Adisseo Co., Ltd. (China)
Darling Ingredients Inc. (US)
Omega Protein Corporation (US)
DuPont (US)
Chr. Hansen Holding A/S (Denmark)
Roquette Frères. (France)
SunOpta (Canada)
Lallemand Inc. (Canada)
Lesaffre (France)
Daka Denmark A/S (Denmark)
Nutreco N.V. (Netherlands)
Opportunities
In addition, the growing pets and owners around the world which is further estimated to provide potential opportunities for the growth of the pet accessories market in the coming years.
Global Pet Accessories Market Scope and Market Size
The pet accessories market is segmented on the basis of product, end user and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Pet Toys
Others
On the basis of product, the pet accessories market is segmented into pet toys, housing and bedding, grooming products, carriers, collars and harness, and others.
End User
Dogs
Cats
Others
On the basis of end user, the pet accessories market is segmented into dogs, cats and others.
Distribution Channel
Specialist Retailers
Factory Outlets
Internet Sales
Department Stores
Others
On the basis of distribution channel, the pet accessories market is segmented into specialist retailers, factory outlets, internet sales, department stores and others.
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