For 2020, it is expected to reach $99 billion. Reference period. The revenue of the pet industry increased by over 4% between 2015 and 2016. July 30, 2020. Pet trends to look out for. New product launches, with organic or GM-free ingredients, are experiencing growth in the market. With NPD you get complete, accurate information about your products’ sales and your consumers so you can track trends, identify business opportunities, and grow your business. Mining industry EBITDA grew 14.2% ($19.4b). Please note: A detailed explanation of each of the projections is included in PSI’s 2017-2018 Pet-Sitting Industry Forecast. About 6 out of 10 pet grooming products to be sold will land in economy/mid-range. The increase of 63% over six years shows an important development in the blogging sphere. The Italian pet food market grew 4.2% over 2019 with a volume increase of 2% to hit 626,600 metric tons (690,708 US tons). In December 2020, Open Farm, a Canadian pet food brand, entered the Australian market, launching a range of fully traceable pet foods. The pet industry in Australia is worth more than $12.2 billion – and these startups are gaining a lot of attention Kassia Byrnes Oct. 4, 2019, 10:22 AM Facebook LinkedIn Reddit Twitter Email The pet industry is one of the largest in the world, with the majority of its $95 … This also resulted in the popularity of dogs as pets in US homes, which in 2020 reached 63.4 million households (American Pet Products Association, 2020). In the US, the pet industry is currently worth $99.0 billion; up from $95.7 billion in 2020. The global pet … 07.08.2021. 2018 $90.5. The total U.S. industry market size for Diagnostic Imaging Centers: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. dismiss. September 15, 2020. Pet Population and Ownership Trends in the U.S.: Dogs, Cats, and Other Pets, 2nd Edition The idea of pet ownership remains firmly imbedded in the American psyche. In addition to this, 59% of people who do not currently own a pet admit that they would like to own one in the near future. The pet supplement industry is set to hit $1B by 2027, according to an … In 2019, an Australia-based pet food company received USD 339,359 in pre-seed funding to expand its custom pet food business in 2020. 2. What was the size of the emerging PET/CT Scanner market by value in 2020? The global pet wearable market size was valued at USD 1.6 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.3% from 2020 to 2027. This report outlines key findings from a Newgate Research quantitative study of Australian households and the state of pet ownership in 2019. From treats to supplements and topical oils, the pet CBD market is exciting. According to Exploding Topics, “searches for “CBD for dogs” are up 7400% over the last five years.”. At 62%, Australia continues to have one of the highest household Upgrade to a modern browser, such as Google Chrome. Industry Statistics Consumers are increasingly choosing bottled water instead of less healthy packaged drinks, helping to reaffirm bottled water’s position as America’s favorite drink. (Data was announced at the 2021 State of the Industry presentation on 3/24/21) Actual Sales within the U.S. Market in 2020. Pet ownership has increased in the last three decades, from 56% to 68%. Globally, the pet care market has grown from $216 billion in 2020 to $232 billion in 2021. It also draws on information from experts in the pet-care industry to provide a comprehensive view of pet ownership in Australia today and over the past three years. Pet ownership in the United States. Holistic pet food. For instances, Chewy sells pet supplies directly and it reported a 4.8 billion growth in 2020. HVS Report - The Timeshare Industry's Road to Recovery - By Gary L Johnson. Recent APPA figures put total US pet industry expenditures for 2019 at $95.7 billion (€85.7 billion), with an estimated projection of $99 billion (€88 billion) for 2020. Report Overview. The 4 Hottest Pet Trends for 2020, According to New Report. 2% of the UK adult population have a rabbit with an estimated population of 1 million pet rabbits. Australia's national statistical agency providing trusted official statistics on a wide range of economic, social, ... Reference period Jan 2020 - Apr 2021. Of these, 38% are dog owners and 29% are cat owners. It’s all about consumer loyalty this upcoming year when it comes to e-commerce. No matter where American pet owners live and whatever their age or ethnicity, they stand united in believing that their pets make a positive contribution to their lives. Adobe Stock. February 17, 2020 by SPINS. Pet Food in Australia (2020) – Market Sizes. Economy/Mid-Range Products in High Demand. Sixty four percent of pet owners are female, and 65% of pet owners are from households with incomes of $50,000 or more . A concept named the Internet of Things (IoT), which are everyday objects that can send and receive data via the internet Wondering what the most common pets are around the world? And $784.6B by 2027. The pet industry has seen explosive growth, especially among young, independent brands. The following year, its revenue hit $95.7 billion. It has a sustained average annual growth of 5.4% since 2002. IBWA gets its bottled water industry statistics from an independent, third party to ensure accuracy. Seventy percent of those aged 18-24 years old are pet owners (Gen Z), and 66% of those aged 40-54 years are pet … Timeshare Trends. Australian pet ownership statistics. The average annual rate of growth for the industry for the 5-year period between 2014-2019 was 6.2%. IBISWorld is a leader in global industry research and we’re known for our breadth and depth of trusted data and analysis. Accommodation and food services industry EBITDA fell 2.7% (-$271m). Tyson introduces inaugural dog food line. Pet grooming and boarding in the United States generate revenues of $9 billion each year with almost 124,000 active businesses in the industry. A ustralia has one of the highest rates of pet ownership in the world, with over 60% of Australian households owning a pet. In 2016 it was estimated that there were more than 24 million pets in Australia. Australian Pet Industry Trends. Basic pet grooming is very much still an essential part of caring for your buddies, and will continue to increase in demand as people continue to adopt more pets. In the year 2019, we come have seen lots of new transformations in the field of the pet industry. The pet industry is a goldmine for those that know what to deliver to consumers looking for the latest thing in the pet … The market research firm is keeping a close watch on the industry, updating its “Pet Food in the US, 15th Edition” report to account for COVID-19 implications in June. Pet Industry Spotlight. 61% of US pet owners will pay more for foodsto target pets’ dietary needs. The median wage is the wage at which half the workers in an occupation … Projected 2017-18 trends in the professional pet-sitting industry. It went into effect on 1 May 1992, and as of June 2020, it has been ratified by 24 states. The Pet Care in Australia market research report includes: Analysis of key supply-side and demand trends. 2020 $103.6 Actual. Although the year 2020 was not found to be very promising for all the industries, in the case of the pet care market, it was a boon, as due to repeated lockdowns, people stayed mostly at home and took good care of their pets. The global pet food market size was valued at USD 90.13 billion in 2019 and is projected to reach USD 127.21 billion by 2027, exhibiting a CAGR of 4.60% during the forecast period (2020-2027). ... Why 2020 is the year of the pet How to keep your pet’s dental costs down. How big is the beauty industry? Since 1994, American pet spending has continued to rise every single year – even during the 2007-2009 recession – reaching an estimated $72.13 billion in 2018 and is now projected to hit almost $100 billion by the end of the decade. Trends has upgraded to a newer version, which is not supported by this device. #1. — Private label, a focus on felines, sourcing claims and grain-inclusive formulations are among Packaged Facts’ list of five key opportunities for the pet food industry heading into 2021. Pets and Pet Supplies Retailers in Australia industry trends (2015-2020) Pets and Pet Supplies Retailers in Australia industry outlook (2020-2025) poll Average industry growth 2020-2025 : x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. Revenue in the pet industry reached over $60 billion for 2016, with growth averaging 5.4% going back to 2002. Other smaller but significant markets include large developed European countries such as Germany, the UK and France. Outside the US and Europe, pet ownership levels remain much lower. Global “Stretch Blow Molding PET Market” research report offers qualitative and quantitative insights in terms of Stretch Blow Molding PET growth rate, market segmentation, Stretch Blow Molding PET market size, future trends, and regional outlook. American pet spending has continued to rise every single year since 1994 – even during the 2007-2009 recession – reaching an estimated $72.13 billion in 2018 1 and now projected to hit almost $100 billion by the end of this decade. According to the U.S. Pet Market outlook (2019-2020), pet industry sales are topping 5 percent, with a five year $90 billion forecast over the next five years. Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics. Key eCommerce insights. Trends Associations and Agencies. 31 Dog Day Care Industry Statistics and Trends. Google apps. But the coronavirus pandemic has affected the way every trend will play out in 2021, and offline retail has been hit … In May 2019, there were 16, 530 animal trainers employed with a mean annual wage of $36,240. The Latest Trends in Pet Travel Products. Find the most up-to-date industry trends, top 10 lists and industry information to help you create better sales and marketing strategy plans, know what markets to enter or avoid, and to guide a variety of business decisions. Up from $483B in 2020 to $511B in 2021 — and with an annual compounded growth rate of 4.75% worldwide — it’s predicted to exceed $716B by 2025. PET Strapping Market Report provide in-depth study of the current state of the Industry. Detailed segmentation of international and local products. 4- Pet CBD. Pet Supplements Take Off. Find the latest dog, cat and companion animal food market trends and news, including statistics on the global pet care market, from the editors of Petfood Industry magazine. 2019 has come to an end, it’s time now to look ahead to the new pet industry trends and opportunities that will be brought by the new year. July, 14 2021. £ 395.00 (Excl.Tax) Pet Food in Australia by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2020. WILLIAM JOLLY. VC deal value in pet industry in China 2016-H1 2019 Market size of bird food South Korea 2014-2023 Retail sales of educational percussion instruments in the U.S. 2005-2020 29% households in Australia own pet cats. TOP PET TRENDS TO WATCH AT GLOBAL PET EXPO AND THROUGHOUT 2020, ACCORDING TO SPINS. Pet industry spending has been steadily increasing and is expected to reach $96 billion by 2020. However, they will gradually lose their value share to premium range products in coming years. Above is the article on Online Travel Booking Statistics & Trends 2020. Retail trade industry EBITDA grew 27.4% ($6.3b). View a slideshow of new products and trends seen at Global Pet Expo 2020 ORLANDO, Fla. — Last week, the global pet industry gathered under one roof at the Orange County Convention Center for Global Pet Expo 2020, co-hosted by the American Pet Products Association (APPA) and the Pet Industry Distributors Association (PIDA). Pet insurance statistics 2021 ... Australian pet owners are splashing out $1.3 billion annually on the vet. Demand is high, and the market is competitive. The European Convention for the Protection of Pet Animals is a 1987 treaty of the Council of Europe – but accession to the treaty is open to all states in the world – to promote the welfare of pet animals and ensure minimum standards for their treatment and protection. Just within this subsection of the large industry, the pet grooming space has grown at an annualized rate of 4.3% to $9.2 billion over the five years. Organic purchases at veterinary clinics are at 5.3%. The Pet Industry in 2019 Introduction: Pet Spending in America. Pet industry statistics for the organic pet food in PetSmart and PetCo show that they are purchased at a rate of 5.6% and 7.1% respectively. Initially, the report shows a basic overview of the industry including definitions, classifications, applications, share, trend, forecast analysis, growth, Manufacturers, Industrial end users, Commercial end users, Government bodies and more…. In 2020, the Italian pet food market exceeded EUR2.25 billion (US$2.73 billion) while growing in value and volume, according to a report by Italy’s National Association for Pet Food and Pet Care Businesses (ASSALCO) and Zoomark. Supplies, Live Animals & OTC Medicine $22.1 billion. An estimated 6.1% compounded annual growth rate (CAGR), will catapult that figure to $350 billion by 2027. Pet Food Market Trends in China : November 2020 $ 3000 Global Pet Foods Industry : April 2021 $ 5600 China Pet Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) : January 2021 $ 3250 Pet Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - … In 2018, pet care was a … COVID-19. Manufacturers. The company’s pet division, now owned by General Mills, has ventured beyond dog treats with a new line of complete-and-balanced diets. Amid the COVID-19 crisis, the global market for Pet Care estimated at US$179.4 Billion in the year 2020, is projected to reach a revised size of US$255.4 Billion … DUBLIN, Aug. 19, 2020 /PRNewswire/ -- The "Pet Service Market - Growth, Trends and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.. In Australia, there is a marked preference for imported premium and super-premium products. Premiumisation has been historically a more prominent trend in the dog food sector, but the cat food sector is also catching up over the years. To understand geography trends, Download Sample Report. Global Organic and Natural Pet Food Market to Grow at 10.64% During 2021-2026, Impelled by Increasing Rates of Pet Ownership. Sixty-seven percent of U.S. households, or about 85 million families, own a pet, according to the 2019-2020 National Pet Owners Survey conducted by the American Pet Products Association (APPA). The industry-wide pet care services trend is toward multiservice facilities, with a significant degree of overlap between the various kinds of service providers and service channels. Bespoke or niche pet food brands offering all-natural or organic pet food really … View current release. Upgrade to a modern browser, such as Google Chrome. In 2020, $103.6 billion was spent on our pets in the U.S. Breakdown: Pet Food & Treats $42.0 billion. Pet Supplements Take Off. dismiss. Beauty Industry Statistics and Market Research: Global & US. 1. After dogs, the next most common pets are cats. You probably don’t want to miss The Facts About Online Travel Booking Trends and tips to increase travel booking website that I’ve collected carefully. Two-thirds of homes have pets The American Pet Products Association (APPA) reports a steady incline of pet ownership over the past 30 years, with pets now in 67% of American households. Packaged Facts estimates the U.S. market for non-medical pet services—the fastest-growing sector of a robust pet industry—at over $7 billion. Our February 2020 findings showed that: 51% of UK adults own a pet. Was spent on our pets in the U.S. Breakdown: pet pet industry statistics and trends australia 2020 & Treats $ 42.0 billion 17,. Countries such as pet humanization findings from a Newgate research quantitative study of Australian households and the trends the. 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