18 January 2019: Global Companion Animal Care Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. An animal that serves as a company to a person, safeguards and entertains is known as a companion animal. The health of these animals is very important, and a number of products are available in the market to improve the quality of their lives.

The factors that propel the growth of the United States Companion Animal Care Market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, some of the key factors that drive the market growth include increasing adoption of companion pets especially in developed countries, growing awareness about animal welfare, and increasing number of different types of diseases.

 

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Moreover, aging population, rise in pet ownership, humanizing of pets and growth in the pet preventative healthcare programs positively impact the market growth. On the other hand, allergies from pets may pose a threat to the market growth. Companion Animal Care Market is classified on the basis of product type, applications, distribution channel and geography. Companion Animal Care Market is segmented by product type as Grooming Products, Utility Products, Housing Products, Styling Products, and others.

 

Companion Animal Care Market is classified on applications as Dogs, Birds, Cats, and others. Companion Animal Care Market is segmented by distribution channel as online stores, specialty stores and others. United States Companion Animal Care Market is classified on the basis of geography as The West, Southwest, The Middle Atlantic, New England, The South and The Midwest.

Some of the key players that fuel the growth of the United States Companion Animal Care Market include Snyder Manufacturing Inc., Countrywide Farmers PLC, J. M. Smucker (Big Heart Pet Brands), Armitage Pet Care, Luxury Cat Condos, Vetoquinol, Mars, Delton Pet Homes, Leonard F. Jollye Brookmans Parks Ltd, Rosewood Pet Products Ltd, Beaphar International, AnimalCare, Ancol Pet Products Ltd, CEVA Logistics, Ancol Pet Products Limited, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

 

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