Animal Care Services Market Outlook
According to the latest report by Expert Market Research (EMR), the global animal care services market size attained a value of USD 248.38 billion in 2023. Aided by the increasing awareness of animal welfare and the growing adoption of pets, the market is projected to further grow at a compound annual growth rate (CAGR) of 5.90% between 2024 and 2032.
Animal care services encompass a wide range of activities aimed at ensuring the health, well-being, and overall care of animals, including veterinary services, grooming, boarding, training, and pet insurance. These services cater to the needs of pets, livestock, and other animals, playing a crucial role in promoting animal health and welfare. As the global population of pets and livestock continues to rise, so too does the demand for comprehensive animal care services, driving the expansion of the market.
Market Drivers
The global animal care services market is primarily driven by the increasing pet ownership across the world. With more people embracing pets as part of their families, the demand for high-quality animal care services has seen significant growth. This trend is particularly pronounced in urban areas, where busy lifestyles have led to a growing reliance on professional pet care services, including grooming, boarding, and veterinary care.
Additionally, the rising awareness of animal welfare is a key factor contributing to the market’s growth. Governments and non-governmental organizations (NGOs) worldwide are advocating for better treatment of animals, leading to stricter regulations and increased consumer demand for humane and ethical animal care services. This shift in consumer attitudes has encouraged service providers to adopt best practices and offer services that prioritize the health and well-being of animals.
The growing prevalence of chronic diseases among pets and livestock is another significant driver of the market. As animals live longer and are more prone to conditions such as diabetes, arthritis, and obesity, there is a rising need for specialized veterinary care and management services. This has led to an increase in the demand for advanced veterinary services, including diagnostics, surgical procedures, and long-term care, further propelling the market’s growth.
Moreover, the expansion of the pet insurance industry is playing a crucial role in supporting the growth of the animal care services market. As pet owners become more aware of the potential costs associated with veterinary care, the adoption of pet insurance policies has increased. This, in turn, has led to greater access to veterinary services, as pet owners are more likely to seek professional care for their animals when financial barriers are reduced.
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Market Trends in Animal Care Services
The animal care services market is witnessing several trends that are shaping its development. One of the most notable trends is the increasing adoption of technology in animal care. From telemedicine and mobile apps for pet health monitoring to the use of artificial intelligence (AI) in diagnostics, technology is revolutionizing the way animal care services are delivered. For instance, telemedicine platforms are allowing pet owners to consult with veterinarians remotely, providing greater convenience and accessibility, especially in rural or underserved areas. Similarly, AI-powered tools are enhancing diagnostic accuracy and enabling early detection of health issues in animals, leading to more effective treatments.
Another emerging trend is the growing demand for premium and personalized animal care services. As pet owners become more discerning and willing to spend on their pets, there is a rising demand for high-end services such as luxury boarding facilities, bespoke grooming packages, and personalized training programs. This trend is particularly evident among affluent pet owners who view their pets as members of the family and are willing to invest in their comfort and well-being.
Sustainability is also becoming an important consideration in the animal care services market. With increasing awareness of environmental issues, both consumers and service providers are seeking eco-friendly and sustainable options. This includes the use of natural and organic products in grooming and veterinary care, as well as the adoption of green practices in animal care facilities. The emphasis on sustainability is expected to drive innovation in the market, with service providers exploring new ways to reduce their environmental impact while maintaining high standards of care.
The rise of pet-friendly travel is another trend influencing the market. As more people choose to travel with their pets, there is a growing demand for services that cater to the needs of traveling animals, such as pet-friendly accommodations, transportation, and veterinary care. This trend has led to the expansion of pet care services in the hospitality industry, with hotels and resorts offering specialized services to ensure that pets are well cared for during their owners’ travels.
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Animal Care Services Market Segmentation
The market can be divided based on animal type, service type, distribution channel, and region.
Market Breakup by Animal Type
- Livestock
- Poultry
- Cattle
- Swine
- Sheep and Goat
- Horse
- Others
- Companion
- Dogs
- Cats
- Others
Market Breakup by Service Type
- Day Care
- Boarding Services
- Training Services
- Grooming
- Others
Market Breakup by Distribution Channel
- Commercial Facilities
- Mobile/Outdoors
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global animal care services market. Some of the major players explored in the report by Expert Market Research are as follows:
- PetBacker
- All American Pet Resorts, LLC
- Anvis Inc.
- Highland Canine Training, LLC
- AirPets Relocation Services Pvt. Ltd.
- Wag Labs, Inc.
- Paradise 4 Paws, LLC
- Barking Mad, LLC
- Others
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