The Latest Trends in Pet Travel Products. Of these, 38% are dog owners and 29% are cat owners. What was the size of the emerging PET/CT Scanner market by value in 2020? In 2016 it was estimated that there were more than 24 million pets in Australia. New product launches, with organic or GM-free ingredients, are experiencing growth in the market. View a slideshow of new products and trends seen at Global Pet Expo 2020 ORLANDO, Fla. — Last week, the global pet industry gathered under one roof at the Orange County Convention Center for Global Pet Expo 2020, co-hosted by the American Pet Products Association (APPA) and the Pet Industry Distributors Association (PIDA). For instance, in February 2020, Nestle S.A. launched ‘Unleashed’ a global pet care industry's international innovation program. Australia's national statistical agency providing trusted official statistics on a wide range of economic, social, ... Reference period Jan 2020 - Apr 2021. Upgrade to a modern browser, such as Google Chrome. Other smaller but significant markets include large developed European countries such as Germany, the UK and France. VC deal value in pet industry in China 2016-H1 2019 Market size of bird food South Korea 2014-2023 Retail sales of educational percussion instruments in the U.S. 2005-2020 The median annual wage for animal caretakers was $26,080 in May 2020. Pet ownership has increased in the last three decades, from 56% to 68%. The Pet Industry in 2019 Introduction: Pet Spending in America. Impact of COVID-19 Pandemic on Pet Industry ... Pet Ownership Trends in Europe A Glance at Pet Statistics in Europe ... 2020 & 2027 AUSTRALIA Pet Foods Market in Australia Timeshare Trends. With a clear understanding of the wants and needs of pets and their owners—and a tightly controlled supply chain that is designed to deliver—the CEO of Chasing our Tails has formulated a winning approach to producing single- and limited-ingredient dog chews and treats. Basic pet grooming is very much still an essential part of caring for your buddies, and will continue to increase in demand as people continue to adopt more pets. The modern outlook which is anticipated to persuade the future potentialities of the Stretch Blow Molding PET market is analyzed in the report. Professional pet sitters’ use of technology for their business needs will continue to increase. I hope that you will have the best overview of the tourism industry in general as well as online travel bookings. Mining industry EBITDA grew 14.2% ($19.4b). The global pet … The growth in the pet industry has been quite explosive over the years. ... Situation and Trends 2.5.1 PET/CT Scanner ... Factors of Revenue By Industry Statistics… DUBLIN, Aug. 19, 2020 /PRNewswire/ -- The "Pet Service Market - Growth, Trends and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.. Google apps. In 2020, the Italian pet food market exceeded EUR2.25 billion (US$2.73 billion) while growing in value and volume, according to a report by Italy’s National Association for Pet Food and Pet Care Businesses (ASSALCO) and Zoomark. In May 2019, there were 16, 530 animal trainers employed with a mean annual wage of $36,240. This report outlines key findings from a Newgate Research quantitative study of Australian households and the state of pet ownership in 2019. Australasia’s market trends may also be important reflectors of overall trends in the global pet food market, such as pet humanization. #1. The Trends Driving the Pet Industry in 2020 We have seen a massive increase of pet parents in the marketplace today, with 70% of retail sales coming from purchasing pet food and treats, providing potential for the pet industry to evolve, based on this fast-changing industry. These trends are what’s happening now in the industry and … Key eCommerce insights. The total U.S. industry market size for Diagnostic Imaging Centers: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. 2018 $90.5. Globally, the industry is strong and only getting stronger. The Pet Care in Australia market research report includes: Analysis of key supply-side and demand trends. Request For Sample. Upgrade to a modern browser, such as Google Chrome. 1. ... Australia has a similar pet ownership rate to America (65% of homes have a pet), and significantly more than the UK, in which just 40% of homes have a pet. Amid the COVID-19 crisis, the global market for Pet Care estimated at US$179.4 Billion in the year 2020, is projected to reach a revised size of US$255.4 Billion … Not only are spirits showing growth, but so are ready-to-drink (RTD), beer and soft drink segments, with the Bacardi 2020 Cocktail Trends Report noting a … The company’s pet division, now owned by General Mills, has ventured beyond dog treats with a new line of complete-and-balanced diets. Pet Food in Australia (2020) – Market Sizes. Global “Stretch Blow Molding PET Market” research report offers qualitative and quantitative insights in terms of Stretch Blow Molding PET growth rate, market segmentation, Stretch Blow Molding PET market size, future trends, and regional outlook. An average of 1 million additional households shopped online every month compared to 2019 – reaching $50.46 billion total spend at the online checkout.2. The market research firm is keeping a close watch on the industry, updating its “Pet Food in the US, 15th Edition” report to account for COVID-19 implications in June. With more and more pet products and services entering the market, we’ve rounded up some of the pet trends predicted to be big in 2020. What are the characteristics of Australian pet owners? Market size accounted for over USD 5.5 billion in 2020 and is set to grow at 22% CAGR from But the coronavirus pandemic has affected the way every trend will play out in 2021, and offline retail has been hit … 2. HVS Report - The Timeshare Industry's Road to Recovery - By Gary L Johnson. Australian Industry. The pets require special attention and the trends in the pet industry are changing the overviews of this industry rapidly. 4- Pet CBD. September 15, 2020. July 30, 2020. Pet Industry Growth . Projected 2017-18 trends in the professional pet-sitting industry. The pet care industry is booming, as people around the world — especially millennials — blur the line between human child and animal. This is up from 56 percent of U.S. households in 1988, the first year the survey was conducted. Pet Supplements Take Off. Globally, the pet care market has grown from $216 billion in 2020 to $232 billion in 2021. An estimated 6.1% compounded annual growth rate (CAGR), will catapult that figure to $350 billion by 2027. In the US, the pet industry is currently worth $99.0 billion; up from $95.7 billion in 2020. The pet supplement industry is set to hit $1 billion by 2027, according … With almost 4.2 million pet dogs in Australia, they account for a record of 19 dogs for every 100 people. The revenue of the pet industry increased by over 4% between 2015 and 2016. Amid the COVID-19 crisis, the global market for Pet Care estimated at US$179.4 Billion in the year 2020, is projected to reach a revised size of US$255.4 Billion … Finding success in a new business relies heavily on the ability to fill a gap in the market that enough people need or want, and with consumers spending $12.2 billion on the Australian pet industry annually according to a report by Animal Medicines Australia (AMA), this could definitely be a good market to try and find some holes in. Global Organic and Natural Pet Food Market to Grow at 10.64% During 2021-2026, Impelled by Increasing Rates of Pet Ownership. — Private label, a focus on felines, sourcing claims and grain-inclusive formulations are among Packaged Facts’ list of five key opportunities for the pet food industry heading into 2021. Pet industry spending has been steadily increasing and is expected to reach $96 billion by 2020. (IBIS World) #2. Although the year 2020 was not found to be very promising for all the industries, in the case of the pet care market, it was a boon, as due to repeated lockdowns, people stayed mostly at home and took good care of their pets. By Jordan Tyler. Find the latest dog, cat and companion animal food market trends and news, including statistics on the global pet care market, from the editors of Petfood Industry magazine. In the US, the pet industry is currently worth $99.0 billion; up from $95.7 billion in 2020. By 2030, economy/ mid-range pet grooming products will generate revenue over US$ 17 Bn, as per FMI report. According to Exploding Topics, “searches for “CBD for dogs” are up 7400% over the last five years.”. Pet Population and Ownership Trends in the U.S.: Dogs, Cats, and Other Pets, 2nd Edition The idea of pet ownership remains firmly imbedded in the American psyche. Pet Supplements Take Off. Outside the US and Europe, pet ownership levels remain much lower. The 4 Hottest Pet Trends for 2020, According to New Report. Globally, the pet care market has grown from $216 billion in 2020 to $232 billion in 2021. The global pet food industry is expanding rapidly on account of the rising empathy towards pets which is leading to their increased adoption. This market covers packaged, prepared dry and wet food specifically for cats and dogs. Recent APPA figures put total US pet industry expenditures for 2019 at $95.7 billion (€85.7 billion), with an estimated projection of $99 billion (€88 billion) for 2020. Pet insurance statistics 2021 ... Australian pet owners are splashing out $1.3 billion annually on the vet. At 62%, Australia continues to have one of the highest household Google apps. IBISWorld is a leader in global industry research and we’re known for our breadth and depth of trusted data and analysis. SPINS, a wellness-focused data technology company and advocate for the natural and specialty products industry, has been keeping an eye on the pet industry for more than 20 years, particularly this year. About 50% of the households in the United States currently own at least one pet, which means there are 45 million homes where there is at least one dog presently enjoying life. Supplies, Live Animals & OTC Medicine $22.1 billion. A ustralia has one of the highest rates of pet ownership in the world, with over 60% of Australian households owning a pet. Australian Pet Industry Trends. Adobe Stock. From treats to supplements and topical oils, the pet CBD market is exciting. Market Size & Industry Statistics. It’s all about consumer loyalty this upcoming year when it comes to e-commerce. Some Pet Industry Trends to watch out for. Up from $483B in 2020 to $511B in 2021 — and with an annual compounded growth rate of 4.75% worldwide — it’s predicted to exceed $716B by 2025. Detailed segmentation of international and local products. Since 1994, American pet spending has continued to rise every single year – even during the 2007-2009 recession – reaching an estimated $72.13 billion in 2018 and is now projected to hit almost $100 billion by the end of the decade. The pet industry has seen explosive growth, especially among young, independent brands. Bespoke or niche pet food brands offering all-natural or organic pet food really … Initially, the report shows a basic overview of the industry including definitions, classifications, applications, share, trend, forecast analysis, growth, Manufacturers, Industrial end users, Commercial end users, Government bodies and more…. In 2020, $103.6 billion was spent on our pets in the U.S. Breakdown: Pet Food & Treats $42.0 billion. 07.08.2021. 26% of UK adults have a dog with an estimated population of 10.1 million pet dogs. The global pet food market size was valued at USD 90.13 billion in 2019 and is projected to reach USD 127.21 billion by 2027, exhibiting a CAGR of 4.60% during the forecast period (2020-2027). In addition to this, 59% of people who do not currently own a pet admit that they would like to own one in the near future. An estimated 6.1% compounded annual growth rate (CAGR), will catapult that figure to $350 billion by 2027. American pet spending has continued to rise every single year since 1994 – even during the 2007-2009 recession – reaching an estimated $72.13 billion in 2018 1 and now projected to hit almost $100 billion by the end of this decade. With NPD you get complete, accurate information about your products’ sales and your consumers so you can track trends, identify business opportunities, and grow your business. One or two markets lagged through 2020, but few economists predict an overall industry loss. The industry-wide pet care services trend is toward multiservice facilities, with a significant degree of overlap between the various kinds of service providers and service channels. Historic volumes and values, company and brand market shares. Manufacturers. ... Why 2020 is the year of the pet How to keep your pet’s dental costs down. 61% of US pet owners will pay more for foodsto target pets’ dietary needs. And, now in the upcoming year, 2020, we are going to see lots of new things again. View current release. After dogs, the next most common pets are cats. No mention of pet industry trends would be complete without pet CBD. Friday 30 July 2021. Fast-forward to 2020, that number had already risen to 3 hours and 55 minutes. Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics. Just within this subsection of the large industry, the pet grooming space has grown at an annualized rate of 4.3% to $9.2 billion over the five years. Pet Insurance Space Continues to Grow Several insurers have been testing the water in this sector, which is expected to grow. 2020 $103.6 Actual. Trends Associations and Agencies. The average annual rate of growth for the industry for the 5-year period between 2014-2019 was 6.2%. Health care and social assistance industry EBITDA grew 23.5% ($6.4b). (Data was announced at the 2021 State of the Industry presentation on 3/24/21) Actual Sales within the U.S. Market in 2020. Pet Care Marketsize surpassed USD 232 billion in 2020 and is poised to expand at over 6.1% The pet industry in Australia is worth more than $12.2 billion – and these startups are gaining a lot of attention Kassia Byrnes Oct. 4, 2019, 10:22 AM Facebook LinkedIn Reddit Twitter Email In December 2020, Open Farm, a Canadian pet food brand, entered the Australian market, launching a range of fully traceable pet foods. Australian pet ownership statistics. The impact of the COVID-19 pandemic on the timeshare industry was significant. This also resulted in the popularity of dogs as pets in US homes, which in 2020 reached 63.4 million households (American Pet Products Association, 2020). PET Strapping Market Report provide in-depth study of the current state of the Industry. Essential Dog Grooming Industry Statistics. 2019 has come to an end, it’s time now to look ahead to the new pet industry trends and opportunities that will be brought by the new year. Please note: A detailed explanation of each of the projections is included in PSI’s 2017-2018 Pet-Sitting Industry Forecast. COVID-19. The median wage is the wage at which half the workers in an occupation … About 6 out of 10 pet grooming products to be sold will land in economy/mid-range. Reference period. Organic purchases at veterinary clinics are at 5.3%. The following year, its revenue hit $95.7 billion. 24% of the UK adult population have a cat with an estimated population of 10.9 million pet cats. If you're in the toy industry, it's a perpetual challenge to stay on top of all those shifting tastes and trends. It went into effect on 1 May 1992, and as of June 2020, it has been ratified by 24 states. Holistic pet food. Trends has upgraded to a newer version, which is not supported by this device. The 5 Biggest Retail Trends In 2021. Trends has upgraded to a newer version, which is not supported by this device. However, they will gradually lose their value share to premium range products in coming years. The pet supplement industry is set to hit $1B by 2027, according to an … PETCO commands a 15% market share, making it the second-most profitable pet supply company. Above is the article on Online Travel Booking Statistics & Trends 2020. Packaged Facts estimates the U.S. market for non-medical pet services—the fastest-growing sector of a robust pet industry—at over $7 billion. In 2019, an Australia-based pet food company received USD 339,359 in pre-seed funding to expand its custom pet food business in 2020. That’s where we come in. Economy/Mid-Range Products in High Demand. Tyson introduces inaugural dog food line. Find the most up-to-date industry trends, top 10 lists and industry information to help you create better sales and marketing strategy plans, know what markets to enter or avoid, and to guide a variety of business decisions. In the year 2019, we come have seen lots of new transformations in the field of the pet industry. Pet trends to look out for. A concept named the Internet of Things (IoT), which are everyday objects that can send and receive data via the internet Pet ownership in the United States. Sales of organic and natural foods are expected to increase by 14.6%, annually, over the next two years. PetSmart, Inc. controls 34% of the market share. The average annual growth rate since 2002 is 5.4%, and revenue has been growing steadily for well over 20 years. According to the Bureau of Labor Statistics, above average job growth is expected for the industry – 11% growth between 2014 and 2024. Logically, food is the largest spending segment, followed by veterinary care. 2% of the UK adult population have a rabbit with an estimated population of 1 million pet rabbits. Since 1994, the industry’s average annual growth rate has been 18.6%. Almost 39% of pet owning households prefer a dog over other pets. Report Overview. February 17, 2020 by SPINS. According to the U.S. Pet Market outlook (2019-2020), pet industry sales are topping 5 percent, with a five year $90 billion forecast over the next five years. ROCKVILLE, MD. 2019 $97.1. Pet grooming and boarding in the United States generate revenues of $9 billion each year with almost 124,000 active businesses in the industry. Pet Food Market Trends in China : November 2020 $ 3000 Global Pet Foods Industry : April 2021 $ 5600 China Pet Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) : January 2021 $ 3250 Pet Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - … Sixty four percent of pet owners are female, and 65% of pet owners are from households with incomes of $50,000 or more . From paddock-to-plate dog food, cat couture and pet playgrounds, there are plenty of cool and crazy things likely to cause a storm in the pet … dismiss. dismiss. Our February 2020 findings showed that: 51% of UK adults own a pet. £ 395.00 (Excl.Tax) Pet Food in Australia by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2020. No matter where American pet owners live and whatever their age or ethnicity, they stand united in believing that their pets make a positive contribution to their lives. 29% households in Australia own pet cats. IBWA gets its bottled water industry statistics from an independent, third party to ensure accuracy. The global pet wearable market size was valued at USD 1.6 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.3% from 2020 to 2027. Revenue in the pet industry reached over $60 billion for 2016, with growth averaging 5.4% going back to 2002. July, 14 2021. 31 Dog Day Care Industry Statistics and Trends. Seventy percent of those aged 18-24 years old are pet owners (Gen Z), and 66% of those aged 40-54 years are pet … The pet industry is one of the largest in the world, with the majority of its $95 … WILLIAM JOLLY. Pet Industry Spotlight. In Australia, there is a marked preference for imported premium and super-premium products. Premiumisation has been historically a more prominent trend in the dog food sector, but the cat food sector is also catching up over the years. To understand geography trends, Download Sample Report. Pet Statistics Dogs seem to be the most favoured pet amongst Australians. In 2018, pet care was a … Cost of Owning a Pet. Five year forecasts of market trends and market growth. Pet industry statistics for the organic pet food in PetSmart and PetCo show that they are purchased at a rate of 5.6% and 7.1% respectively. Get detailed insights regarding the impact of COVID-19 on the market. Asia Pacific Market Data Pet Food Pets. Due to an increasing number of pet owners, certain segments of the pet industry are seeing a significant amount of growth. You probably don’t want to miss The Facts About Online Travel Booking Trends and tips to increase travel booking website that I’ve collected carefully. The European Convention for the Protection of Pet Animals is a 1987 treaty of the Council of Europe – but accession to the treaty is open to all states in the world – to promote the welfare of pet animals and ensure minimum standards for their treatment and protection. Retail trade industry EBITDA grew 27.4% ($6.3b). Sixty-seven percent of U.S. households, or about 85 million families, own a pet, according to the 2019-2020 National Pet Owners Survey conducted by the American Pet Products Association (APPA). TOP PET TRENDS TO WATCH AT GLOBAL PET EXPO AND THROUGHOUT 2020, ACCORDING TO SPINS. For pet owners or pet business owners, the only way to stay ahead of the crowd is to have trends or expand on current pet industry trends. The pandemic continues to cause unprecedented disruption across industries worldwide. It has a sustained average annual growth of 5.4% since 2002. Find out interesting pet facts and statistics with our comprehensive guide. Wondering what the most common pets are around the world? Industry experts estimate that pet-related spending will increase by another 3.5% in 2020 and reach USD 99 billion by the end of the year. Accommodation and food services industry EBITDA fell 2.7% (-$271m). The increase of 63% over six years shows an important development in the blogging sphere. Pets and Pet Supplies Retailers in Australia industry trends (2015-2020) Pets and Pet Supplies Retailers in Australia industry outlook (2020-2025) poll Average industry growth 2020-2025 : x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. It also draws on information from experts in the pet-care industry to provide a comprehensive view of pet ownership in Australia today and over the past three years. Australian online shopping reached an all-time high in 2020, with online purchases growing 57% year-on-year1. Market Overview The pet care market is expected to register a CAGR of 7.4% during the forecast period, 2021-2026. And $784.6B by 2027. Industry Statistics Consumers are increasingly choosing bottled water instead of less healthy packaged drinks, helping to reaffirm bottled water’s position as America’s favorite drink. 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