The Digital Pet Care Products and Services Market is Expected to Reach USD 148.04 Billion to Grow at a CAGR of 9.3% During the Forecast Period to 2029

The pet care market is mainly comprised of pet food and pet health care. Pet owners are increasingly using high quality food and innovative grooming products to care for their pets. Digital pet care products and services are experiencing significant market expansion due to the ever-evolving digitalization.

Data Bridge Market Research analyzes that the digital pet care products and services market which was USD 72.68 Billion in 2021, will reach USD 148.04 Billion by 2029 and is expected to witness a CAGR of 9.3% during the forecast period 2022 to 2029. In addition to market insights such that market value, growth rate, market segments, geographical coverage, market players and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, epidemiology patient data, pipeline analysis, pricing analysis and regulatory framework.

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Market Dynamics for Digital Pet Care Products and Services

Drivers

  • Growing demand for telemedicine technology

Another important factor driving the expansion of the market. Major factors, among others, driving the market for digital pet care products and services are rising spending on pets, especially rising spending on pet food, the increasing shift from mass-produced pet food ingredients to organic ingredients and increasing adoption of high-tech collars that help track a pet’s heart rate.

  • Increase in Pet Adoption Rates

Rising pet adoption rates and rising per capita spending on pets across all regions are also contributing to the demand for luxury pet care products and services. Additionally, the rapidly accelerating urbanization of developing countries is a major driver of the pet care industry.

  • Increase in the geriatric population

Rising prevalence rates of lifestyle disorders like diabetes and obesity, rising healthcare costs, and rapid growth in the diagnostics industry are driving the expansion of digital pet care products and services from company around the world. Furthermore, growing elderly population, increased demand for lab automation, and greater awareness of preventive healthcare are all driving the market for digital pet care products and services.

Opportunities

  • Increase in the number of research and development activities

In addition, the market for digital pet care products and services will see new growth opportunities owing to the growing emphasis on natural and grain-free products, increasing spending on pet food in emerging markets and increasing technological advancements to enhance product development during the forecast period of 2022–2029.

Some of the major players operating in the digital pet care products and services market are:

  • petplan ltd. (UK)
  • Hartville Group, Inc. (USA)
  • Petfirst Healthcare LLC (USA)
  • Anicom Holdings Inc. (Japan)
  • RSA (UK)
  • Direct Line (UK)
  • Nationwide Building Society (USA)
  • Trupanion (USA)
  • Pethealth Inc. (USA)
  • Babel Bark (USA)
  • Banfield Pet Hospital (USA)
  • Chewy, Inc. (USA)
  • Costco Wholesale Corporation (USA)
  • Hill’s Pet Nutrition, Inc. (USA)

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Scope of the global digital pet care products and services market

The market for digital pet care products and services is segmented on the basis of product, type, animal, source, and end user. The growth among these segments will help you analyze weak growth segments in the industries and provide users with valuable market insight and market insights to help them make strategic decisions to identify major applications of the market.

Some products

  • Virtual fence, smart feeding and watering, smart litter boxes
  • smart toys
  • Pet-centric multi-product smart product marketers
  • Wagz
  • pet kit
  • I kiss
  • Digital Supplies for Other Pets

Animal

  • Dogs
  • Cats
  • Birds
  • Fishes
  • Horses

Type

  • pet food
  • Pet care products
  • Services

Source

  • Of animal origin
  • herbal
  • Synthetic

Digital Pet Care Products and Services Market Regional Analysis/Overviews

The Digital Pet Care Products and Services market is analyzed and market size insights and trends are provided by country, product, type, animal, source and end-user as listed above. Countries covered in the Digital Pet Care Products and Services market report are United States, Canada, and Mexico North America, Germany, France, United Kingdom, Countries -Bas, Switzerland, Belgium, Russia, Italy, Spain, Turkey, the rest of Europe in Europe, China. , Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, United Arab Emirates, South Africa South, Egypt, Israel, Rest of Middle East and Africa (MEA) as part of Middle East and Africa (MEA), Brazil, Argentina and Rest of North America South as part of South America.

North America is dominating the market for digital pet care products and services owing to the growing adoption of high-tech collars that help record the pet’s heart rate and rising spending on pet care products in this region. Asia-Pacific is expected to witness the highest growth rate during the forecast period of 2022 to 2029 due to growing awareness and increased mobile adaptability, tech-savvy owners and strong preference for online shopping in this region.

Browse the complete table of contents on- https://www.databridgemarketresearch.com/toc/?dbmr=global-digital-pet-care-products-and-services-market

The country section of the report also provides individual market impacting factors and regulatory changes in the national market that impact current and future market trends. Data points such as upstream and downstream value chain analysis, technical trends and bearer five forces analysis, case studies are some of the indicators used to forecast the market scenario for each country. In addition, the presence and availability of global brands and the challenges they face due to significant or rare competition from local and national brands, the impact of domestic tariffs and trade routes are considered while providing a forecast analysis of national data.

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https://www.digitaljournal.com/pr/digital-behavioral-health-services-market-overview-share-trend-demand-supply-analysis-size-segmentation-and-forecast-to-2029

https://www.digitaljournal.com/pr/asia-pacific-biopreservation-market-development-trend-channel-vendors-key-players-analysis-supply-research-and-forecast-to-2029

https://www.digitaljournal.com/pr/us-integrated-distribution-network-market-will-reach-usd-40-91-billion-with-a-cagr-of-9-67during-the-forecast- period-from-2022-to-2029

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