Latest Market Report | Pet Care E-commerce Market to Surpass US$ 50 Billion by 2030, Driven by Growing Pet Ownership and Convenience
The global pet care e-commerce market is expected to reach US$ 49.6 billion by 2030, with an annual growth rate of more than 11.2%.
Wilmington, Delaware, Nov. 13, 2023 (GLOBE NEWSWIRE) — According to
Global Pet Care E-commerce Market: Segmental and Market Share Analysis
- On the basis of animal type, canine segment led the market and accounted for more than 47% share of the global revenue. Dogs are the most preferred and popular pets around the globe as they become familiar with the behavior and emotions of their owners.
- On the basis of product, pet food segment accounted for the largest revenue share of around 40% owing to high awareness regarding the diverse range of pet food and their nutritional status among owners.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 23.6 billion |
| Market Size Forecast | US$ 49.6 billion |
| Growth Rate | 11.2% |
| Dominant Segment | Canine |
| Dominant Region | North America |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global pet care e-commerce market include.
- In August 2020, Elanco Animal Health, a pharmaceutical business based in the US, paid US$6.89 billion to Bayer AG. Elanco Animal Health’s acquisition of Bayer AG helps the international development, production, and marketing of veterinary goods for cattle and pets.
Some of the prominent players and suppliers operating and contributing significantly to the global pet care e-commerce market growth include PetSmart Inc., Walmart, Groomers Delight, Petco Animal Supplies Inc., PETstock, PetMed Express, Inc., BarkBox, and TABcom LLC, among others.
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RationalStat has segmented the global pet care e-commerce market based on animal type, product and region
- Global Pet Care E-commerce Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Animal Type
- Canine
- Feline
- Others
- Global Pet Care E-commerce Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Product
- Pet Grooming Products
- Pet Food
- Medications
- Others
- Global Pet Care E-commerce Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Pet Care E-commerce Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- US
- Canada
- Latin America Pet Care E-commerce Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Pet Care E-commerce Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Pet Care E-commerce Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Pet Care E-commerce Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Pet Care E-commerce Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Pet Care E-commerce Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
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Key Questions Answered in the Pet Care E-commerce Report:
- What will be the market value of the global Pet Care E-commerce market by 2030?
- What is the market size of the global Pet Care E-commerce market?
- What are the market drivers of the global Pet Care E-commerce market?
- What are the key trends in the global Pet Care E-commerce market?
- Which is the leading region in the global Pet Care E-commerce market?
- What are the major companies operating in the global Pet Care E-commerce market?
- What are the market shares by key segments in the global Pet Care E-commerce market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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