Dublin, Aug. 06, 2021 (GLOBE NEWSWIRE) -- The "Pet Oral Care Products Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Animal; Product; End User; Distribution Channel, and Geography" report has been added to ResearchAndMarkets.com's offering.
According to this report the market is expected to reach US$ 2,270.33 million by 2028 from US$ 1,465.07 million in 2021; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028. The report highlights the trends prevailing in the market along with the market drivers and deterrents. The factors such as increasing adoption of pets for companionship and high prevalence of dental diseases in pets drive the market growth. However, the lack of adoption of pet care products in developing countries hinders the market growth.
Pets are considered the best companion for humans as they create a positive effect on their owner's life. They promote active lifestyle with companionship and have also been able to detect oncoming epileptic seizures. Also, pets help bring social, emotional, and cognitive development in children, as well as relieve stress and anxiety in adults. Research studies have shown that the dog owners have 36% lower risk of dying from cardiovascular disease and an 11% lower risk of getting heart attack. As per the National Pet Owners Survey 2019-2020, conducted by the American Pet Products Association (APPA), 67% of the US households, i.e., ~85 million families, own a pet. This indicates 56% rise since 1988, the first year when the survey was conducted.
As per the American Society for the Prevention of Cruelty to Animals, ~6.5 million companion animals enter the countrywide animal shelters every year; however, the number has declined from ~7.2 million in 2011, which indicates an increase in animal adoption. Moreover, as per the European Pet Food Industry Federation (FEDIAF), cats remain the most popular pet in European households, with a population of 74.4 million. The popularity of dogs is growing as there were 66.4 million pet dogs in the EU (84.9 million in Europe and Russia) in 2017, compared to 63.7 million (82.2 million) in 2016. According to the People's Dispensary for Sick Animals (PDSA) Animal Wellbeing (PAW) Report 2019, 50% of the UK population owns a pet. Also, 24% of the UK adults have a cat with an estimated population of 10.9 million pet cats and 26% of them own a dog with an estimated population of 9.9 million pet dogs. Hence, the growing adoption of pets for companionship is fueling the growth of the pet oral care products market.
Based on animal, the global pet oral care products market is bifurcated into cats and dogs. In 2020, the dogs segment held a larger share in the market. Moreover, the market for the cats segment is expected to grow at a higher rate by 2028. Periodontal disease is the most frequent infectious disease in dogs. It's a cyclical, progressive inflammatory illness of the teeth' supporting components that's the primary reason for dental issues and early tooth loss in dogs. It affects 90% of cats over three years of age. This factor is likely to boost the demand for pet oral care products across the world during the forecast period.
The COVID-19 pandemic is having the mixed impact on the pet oral care products market. Sales have spiked for pet oral care products at home, do-itoyourself, driven by the closure of veterinary clinics and professional salons. Some online retailers also reported strong sales in the lockdown period. For instance, Chewy.com has been witnessing an acceleration in sales since February 2020. Chewy.com generates around 70% of its sales through subscribed customers. All these developments suggest increased penetration of online business due to the pandemic.
A few prominent players operating in the pet oral care products market are Vetoquinol SA; Dechra Veterinary Products, LLC; AllAccem, Inc.; Imrex, Inc.; Virbac; CEVA; Hills Pet Nutrition, Inc.; Nestle; Mars, Incorporated, and TropiClean Pet Products.
Market players are launching new and innovative products and services to sustain their position in the pet oral care products market. For instance, in June 2021, Mars Petcare announced its plans to invest $145 million to expand the production capabilities of its wet pet food manufacturing plant in Fort Smith, AR, by adding 200,000 square feet of space and installing two new production lines.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the pet oral care products market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global pet oral care products market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
Key Topics Covered:
1. Introduction
2. Pet Oral Care Products Market - Key Takeaways
3. Research Methodology
4. Global Pet Oral Care Products Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.5 South and Central America (SCAM) - PEST Analysis
4.3 Expert Opinions
5. Pet Oral Care Products Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption of Pets for Companionship
5.1.2 High Prevalence of Dental Diseases in Pets
5.2 Market Restraints
5.2.1 Lack of Adoption of Pet Care Products in Developing Countries
5.3 Market Opportunities
5.3.1 Increasing Initiatives by the Governments and Animal Welfare Associations
5.4 Future Trends
5.4.1 Product Innovation in Pet Oral Care
5.5 Impact Analysis
6. Pet Oral Care Products Market - Global Analysis
6.1 Global Pet Oral Care Products Market Revenue Forecast and Analysis
6.2 Global Pet Oral Care Products Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. Pet Oral Care Products Market Analysis - By Animal
7.1 Overview
7.2 Pet Oral Care Products Market Revenue Share, by Animal (2020 and 2028)
7.3 Cats
7.3.1 Overview
7.3.2 Cats: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Dogs
7.4.1 Overview
7.4.2 Dogs: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
8. Pet Oral Care Products Market Analysis - By Product
8.1 Overview
8.2 Pet Oral Care Products Market Revenue Share, by Product (2020 and 2028)
8.3 Mouthwash/ Rinse
8.3.1 Overview
8.3.2 Mouthwash/Rinse: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Toothbrush and Paste
8.4.1 Overview
8.4.2 Toothbrush and Paste: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Dental Cleansing Sprays
8.5.1 Overview
8.5.2 Dental Cleansing Sprays: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Anti-Plaque Pens
8.6.1 Overview
8.6.2 Anti-Plaque Pens: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Other Products
8.7.1 Overview
8.7.2 Other Products: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
9. Pet Oral Care Products Market Analysis - By End User
9.1 Overview
9.2 Pet Oral Care Products Market Revenue Share, by End User (2020 and 2028)
9.3 Veterinary Hospitals
9.3.1 Overview
9.3.2 Veterinary Hospitals: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Private Clinics
9.4.1 Overview
9.4.2 Private Clinics: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Home Care
9.5.1 Overview
9.5.2 Home Care: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
10. Pet Oral Care Products Market Analysis - By Distribution Channel
10.1 Overview
10.2 Pet Oral Care Products Market Share, by Distribution Channel, 2020 and 2028, (%)
10.3 Supermarkets/ Hypermarkets
10.3.1 Overview
10.3.2 Supermarkets/ Hypermarkets: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Online Channels
10.4.1 Overview
10.4.2 Online Channels: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Specialized Pet Shops
10.5.1 Overview
10.5.2 Specialized Pet Shops: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
10.6 Other Distribution Channels
10.6.1 Overview
10.6.2 Other Distribution Channels: Pet Oral Care Products Market - Revenue and Forecast to 2028 (US$ Million)
11. Pet Oral Care Products Market - Geographic Analysis
12. Impact of COVID-19 Pandemic on Global Pet Oral Care Products Market
12.1 North America: Impact Assessment of COVID-19 Pandemic
12.2 Europe: Impact Assessment of COVID-19 Pandemic
12.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
12.4 South and Central America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Growth Strategies Done by the Companies in the Market, (%)
13.3 Organic Developments
13.3.1 Overview
13.4 Inorganic Developments
13.4.1 Overview
14. Company Profiles
14.1 Dechra Pharmaceuticals PLC
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Nestle
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 AllAccem
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 TropiClean Pet Products
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Virbac
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 CEVA
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 imrex
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Mars, Incorporated
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Hill's Pet Nutrition, Inc.
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Vetoquinol SA
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/iqf9ag
