Small Animal Products: U.S. Pet Market Trends and Opportunities
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Small Animal Products: U.S. Pet Market Trends and Opportunities
With a compound annual growth rate (CAGR) of 3.2% between 2016 and 2021, sales of small animal pet products will enjoy steady and continued growth over the next five years. The bedding and litter segment is fueling much of this growth as the second largest segment in the small animal products category and the segment experiencing the fastest increase in 2016. Another key opportunity for marketers is households with older children, which show an even stronger preference for small animals as pets than the already strong preference seen for households with children of any age. Other important trends include a strengthening interest in brand name among small animal pet owners and natural chews and toys.
What You’ll Get in This Report
Small Animal Products: U.S. Pet Market Trends and Opportunities provides an in-depth analysis of the sale of products and foods designed for hamsters, rabbits, guinea pigs, rats, and other small animals through all channels in the U.S. market, focusing on the key segments driving the market and highlighting sales trends. The report covers sales of food, bedding and litter, cages and accessories, and toys, discussing the top marketers in each segment. All information and analyses in the report
Report Methodology
The information in Small Animal Products: U.S. Pet Market Trends and Opportunities was obtained from primary datasets including tracked point of sale data and consumer survey data compiled from Packaged Facts’ own National Pet Owners Survey and from Simmons’ Profile Reports. Other primary research includes interviews with pet experts, on-site examination of retail and service provider venues, and Internet canvassing including websites and blogs. Secondary research includes information- and data-gathering from consumer business and trade publications, company profiles, and Packaged Facts’ own extensive pet product research database and report collection.
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