The pet care market is experiencing a tremendous growth as there is an increase in the adoption of pets among people as companion animals. The marketplace offers pet food, veterinary care, pet grooming/boarding, supplies & OTC medications and even pet care insurance. Owing to the recent developments in the [URL=https://www.industryarc.com/Research/Pet-Care-Market-1558683768]pet care market[/URL], people are inclining towards safeguarding their companion animals from injuries and sickness, this has added impetus to the pet care clinic industry. Recent developments in this industry such as bird groomers helps in trimming beaks and nails, keeping the feathers clean and dry, and helps with uncomfortable molting. Such products are durable and attract high investment from potential buyers. Besides this, in May 2019, FitBark launched its product Fitbark 2, a dog’s smart wearable that monitors the sleeping habits and tracks all the activities of dog. The product provides detailed information to dog’s owner that can help in determining the pup’s fitness and health. FitBark 2 is also known for in-depth information and trivia of certain dog breeds with their quirks. Furthermore, technological advancements also helps in keeping the pets entertained. The recent launch of CleverPet Hub and Pebby Smart Ball in the market is gaining tremendous attraction. CleverPet Hub is a smart pet toy for cats and dogs which keeps them busy. And, Pebby Smart Ball is a smartphone-controlled ball that is connected with Wi-Fi, uses built-in camera, and Bluetooth that are easily accessible remotely. Such innovations in pet accessories are boosting the demand of pet care products globally.In 2018, the global pet care market was evaluated as $125 billion, and the market is projected to grow at a CAGR of 6%, during the forecast period 2019-2025.
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Other Trends Impacting the Market Growth:
· Pet Grooming and Pampering: Traditional pet grooming included a bath, haircut, brushing, and pedicure. Increasing fashion trend for pets changed the grooming therapies to massage, acupuncture, chiropractic, physical therapy, poufs, hair color, dreadlocks, feathers, jewels, and nail polish. Along with this, mobile veterinary practices are latest trend and in demand by pet owners.
· Smart Pet Feeders and Bowls: Innovations in pet feeder and bowls are trending part of the pet care market. With the smart pet feeder, owners can feed their pet remotely, using smartphones. Obe, a startup providing IoT Pet Health and Wellness product, recently launched ProBowl in the pet care market. ProBowl is a smart dishwasher-safe dog bowl connected to phones and cloud via Wi-Fi. It reveals a trend in drinking and eating habits and likes and dislikes of pets, and helps to gain insights that can be shared with the vets.
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