Dublin, April 17, 2024 (GLOBE NEWSWIRE) -- The "Pet Fitness Care Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F" report has been added to ResearchAndMarkets.com's offering.
The Global Pet Fitness Care Market, a dynamic segment of the pet care industry, is anticipated to undergo substantial growth, following a CAGR of 6.84% from 2019 to 2029. The market's rapid expansion can be attributed to the technological advancements in pet fitness technology and an increase in concern among pet owners regarding the health and fitness of their animal companions.
Technological Advancements in Pet Fitness Technology
Cutting-edge technology has been a major driving force in the market growth for pet fitness care. Wearables and various devices equip pet owners with the ability to monitor their pets' fitness levels. These include fitness trackers, GPS collars, smart pet tags, and biometric scanners capable of measuring vital signs and providing essential health data.
Rising Social Media Influence and Pet Awareness
Social media influence through pet influencers has also contributed to spreading awareness and showcasing the importance of pet fitness and wellness. Pet influencers are effectively educating pet owners on maintaining the health of their pets through engaging content, inclusive of fitness tips and health-conscious pet care routines.
Increasing Awareness of Pet Health Among Owners
Additionally, there has been a significant leap in the awareness of pet health among pet owners. Preemptive health measures have gained importance, with owners recognizing the value in routine check-ups, vaccinations, and proper dietary regimens for their pets. A well-informed pet ownership base has catalyzed the growth in demand for products and services aimed at pet wellness.
Comprehensive Insights into the Pet Fitness Care Market Segmentation
Industry observations highlight that pet fitness services and dogs, as a pet segment, have captured the largest market shares respectively, with a trend indicating continued growth. The robust market participation suggests an affirmative response to the services and products geared towards canine companions, reflecting their popularity as family pets across the globe.
North America Leads the Global Market in Pet Fitness Care
Regionally, North America remains at the forefront of the market, mainly due to the high pet ownership rates and the propensity of pet owners in the region to invest in the health and fitness of their pets. The region's established pet healthcare system and innovative climate have fostered a conducive environment for market growth.
The Global Pet Fitness Care Market is thriving on the back of strong market drivers, including technological innovation, informed owners, and a growing social media influence promoting pet health and fitness. This momentum indicates a positive outlook for the industry's future.
Key Attributes:
Report Attribute | Details |
No. of Pages | 182 |
Forecast Period | 2024 - 2029 |
Estimated Market Value (USD) in 2024 | $5.98 Billion |
Forecasted Market Value (USD) by 2029 | $8.91 Billion |
Compound Annual Growth Rate | 6.8% |
Regions Covered | Global |
Company Coverage:
- Gyms For Dogs
- FitPaws
- GoPet LLC
- GoodPup (Rover)
- dogPACER (International Pet Group)
- Tractive GmbH
- Frolick Dogs
- Kathy Santo Dog Training
- Splash Canine Aquatic Services
- Agility by Carlson
Report Scope:
In this report, the Global Pet Fitness Care Market has been segmented into the following categories:
Pet Fitness Care Market, By Solution:
- Product/Equipment
- Balance Training Products
- Pet Agility Equipment
- Treadmills Treadwheels
- Software
- Services
- Physio Assessments
- Agility Gym Sessions
- Yoga Classes
- Aquatic Sessions
- Outdoor Fitness Exercises
- Others
Pet Fitness Care Market, By Application:
- Dogs
- Cats
- Others
For more information about this report visit https://www.researchandmarkets.com/r/yizcbn
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