U.S. Online Pet Food and Supplies Market Size, Growth and Industry Statistics, 2015 to 2025
The U.S. online pet food and supplies market size was estimated at USD 3.91 billion in 2017. Domestic pets are a vital part of U.S. households. Therefore, with rising number of households, population of domestic animals is also expected to increase.
(firmenpresse) - 25 September 2018, The U.S. Online Pet Food and Supplies Market is expected to reach USD 6.13 billion by 2025. Online sales for pet food and other products have increased significantly over the past few years. Driven by rising pet ownership in the U.S., demand for pet products is expected to surge over the next few years. Supported by tech savvy consumers, especially millennials looking for easy and bulk purchase and delivery of pet products, the online pet food and supplies market is anticipated to witness strong growth in U.S. Factors such as convenient shopping, availability of imported and discounted local pet products, and price comparisons, the market is witnessing a rise in adoption.
The American Pet Product Association (APPA) stated that millennials are the largest segment of pet owners. According to their survey on pet parents, millennials tend to invest more time and money on pets and seek for more information on veterinary products and pet health online. Thus, high number of tech savvy pet parents is expected to drive the U.S. pet food and supplies market over the forecast period.
Willingness of consumers to spend on pet care is encouraging manufacturers to launch novel pet food variants and functional supplies for pets. For instance, dehydrated and canned dog and cat food has gained popularity in U.S. Furthermore, demand for organic and natural pet food has increased recently owing to rising consciousness regarding pet health among pet parents. Manufacturers are launching chemical free products to meet requirement of pet
Online availability of supplies from different vendors is projected to stimulate the growth of the U.S. online pet and supplies market in near future. For instance, Amazon offers pet supplies for cats, dogs, and other small animals, including birds, horses, fish and aquatic pets, and reptiles and amphibians online. Manufacturers are focusing on supplies such as toys, grooming products, and walking and travelling kits for pets. Easy and prompt availability of a wide range of innovative, imported, and convenient products such as trendy pet accessories, hygiene products in form of sprays, imported pet snacks, and others are also contributing to market expansion.
Easy to use products and supplies that promote pet health are estimated to attract consumers. For instance, consumers can buy chew toys for pups and horses through real-time comparison of products made available by various vendors. Moreover, pet parents today are more concerned about pet health. Thus, manufacturers are launching solutions for issues such as pet behavior, flea prevention, pest control, and others. For instance, Bayer Advantage is a topical flea treatment for dogs, made available by Bayer Animal Health. Hence, health conscious customers are poised to drive the production of pet care products and easy online availability is anticipated to boost market growth over the forecast period.
Some of the major players in the U.S. pet food and supplies market are Chewy Inc.; Petfood Direct; Petco Animal Supplies Inc.; Amazon.Com, Inc.; and PetSmart Inc.
Hexa Research has segmented the U.S. online pet food and supplies market report based on product type
Segmentation by product type, 2015 - 2025 (USD Billion)
Key players analyzed:
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Datum: 25.09.2018 - 09:13 Uhr
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Date of sending: 25.09.2018
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