United States Pet Market Outlook 2021-2022: Pandemic Accelerates Digital Pet Care

DUBLIN, April 21, 2021 /PRNewswire/ -- The "U.S. Pet Market Outlook, 2021-2022" report has been added to ResearchAndMarkets.com's offering.

U.S. retail sales of pet products and services reached $107 billion in 2020, up 9% over 2019, due largely to a COVID-19 driven spike in the pet population. All pet and veterinary industry trends - from how and why we get new pets to which pet care services we use and where - now intertwine with retail channel shopping trends.

Because most of the pet industry impacts associated with COVID-19 are in fact accelerations of existing trends, only a limited "return to normal" can be expected. Instead, COVID-19 has fast-forwarded the industry into the future. In 2021 and beyond, this new iteration of an "omnimarket" competitive landscape will be evident in several trends and effects:

• A permanent remix of physical and digital shopping behaviors.
• A growing role for direct manufacturer-to-consumer selling and shipping, along with retailer-based autoship and same-day delivery.
• A continued diversification of the veterinary sector, including through in-store clinics or at-store vet clinic pop-ups, along with online pet pharmacies.
• An expanded role for store-anchored (brick-and-mortar and/or virtual) pet acquisition or adoption, new pet set up, and training/obedience services.
• Along with the re-confirmed recession resistance of the pet industry, several factors support a very positive near- and long-term outlook for the pet market. A surge in pet acquisition and adoption, across pet types, continued through the Christmas/Winter Holidays 2020. And once pets are homed, as evident in robust pet product sales and veterinary service revenues despite COVID, most pet care spending is non-discretionary. Moreover, stay-at-home and work-from home dynamics during the pandemic have deepened human/pet bonds, increasing the disposition among pet owners and "pet parents" to spend generously on pet care products and services to keep their pets (and themselves) healthy and happy.

Key Topics Covered:

CHAPTER 1: EXECUTIVE SUMMARY

SCOPE & METHODOLOGY

MARKET SIZE AND GROWTH

• Pet Industry Reset: Above Average Growth in Three of Four Sectors
• Pet Product and Service Spending Per Pet-Owning Household
• Retail Channel: Pandemic Accelerates E-commerce
• Looking Ahead: Growth Market-wide Through 2025
• Table 1-1 Projected 2021-2025 U.S. Retail Sales of Pet Products and Services: By Sector (in billions of dollars)

MARKET DRIVERS

• COVID Economy Impact on Pet Owner Spending Mindset
• Pandemic Intensifies Focus on Health and Wellness
• Pandemic Fuels Pet Population Boom
• Economic Challenges Put Limited Strain on Topline Pet Ownership
• Dog and Cat Ownership Down Among Lower-Income Households
• Catering to Deal-Seekers
• Pandemic Accelerates Digital Pet Care
• E-commerce
• Veterinary Telemedicine
• "Smart" Products
• Pet Rescue Efforts Ramp Up During Pandemic
• Sustainability and Animal Welfare
• Investment and M&A

OVERALL INDUSTRY TRENDS

• Pandemic Reset: Birdseye View
• Industry Overview
• An "Omnimarket" Era
• Leading Pet Product Marketers and Brands
• Leading Veterinary and Non-Medical Pet Service Operators
• Fast-Growing Franchises and Private Companies
• Pet Industry Leaders Launch Venture Funds Targeting Promising Start-Ups
• Pandemic Resilience Spurs Investment Boom

FOCUS ON PET FOOD & TREATS

• Pandemic Reset: Accelerated Innovation
• Channel Choices
• Pet Food Industry Investment Shows Strategic Directions
• Four Natural Pet Food Pioneers Change Hands
• Superpremium = Natural - and "Healthier"
• Fresh Pet Food
• DTC Fresh Pet Food Marketers Enamor Investors
• Sustainable Dovetailing with Alternative Protein
• Science-Based Diets Dovetailing Into Natural
• Lessons in DCM/Grain-Free Stumble

FOCUS ON NON-FOOD PET SUPPLIES

• Pandemic Reset: Health, Home, New Pets
• Channel Choices
• Pet Supplements in COVID Overdrive
• Pet Medications Also Riding COVID-Driven Hyper Health Wave
• Focus on Home: Pets, Products, Positioning
• BarkBox/Northern Star Merger Klieg-lights Subscription/DTC Sales
• "Smart" Products Get Pandemic Push

FOCUS ON VETERINARY SERVICES

FOCUS ON NON-MEDICAL PET CARE SERVICES

INTERNET AND RETAIL TRENDS

PET POPULATION TRENDS

OPPORTUNITIES

CHAPTER 2: MARKET SIZE AND GROWTH

CHAPTER HIGHLIGHTS

MARKET SIZE & GROWTH

MARKET DRIVERS

CHAPTER 3: OVERALL INDUSTRY TRENDS

CHAPTER HIGHLIGHTS

INDUSTRY TRENDS

INDUSTRY OVERVIEW

CHAPTER 4: FOCUS ON PET FOOD & TREATS

CHAPTER HIGHLIGHTS

PET FOOD AND TREATS

CHAPTER 5: FOCUS ON NON-FOOD PET SUPPLIES

CHAPTER HIGHLIGHT

NON-FOOD PET SUPPLIES

CHAPTER 6: FOCUS ON VETERINARY SERVICES

CHAPTER HIGHLIGHTS

THE VETERINARY SECTOR

VETERINARY CARE CUSTOMER PATTERNS

CHAPTER 7: FOCUS ON NON-MEDICAL PET CARE SERVICES

CHAPTER HIGHLIGHTS

NON-MEDICAL PET CARE SERVICES SECTOR

CHAPTER 8: INTERNET AND RETAIL TRENDS

INTERNET AND RETAIL

OVERVIEW OF SHOPPING PATTERNS

CHANNEL SALES AND SHOPPING PATTERNS: PET FOODS VS. PET SUPPLIES

E-COMMERCE AND THE INTERNET'S INFLUENCE

CHAPTER 9: PET POPULATION TRENDS

CHAPTER HIGHLIGHTS

PET POPULATION AND PET OWNERSHIP

TOPLINE OVERVIEW OF PET OWNERSHIP

For more information about this report visit https://www.researchandmarkets.com/r/yigyhg

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