Global Pet Care Market Is Expected To Increase To A Value Of $97 Billion By The End Of 2015


Posted
27th April, 2012 12h48
- The pet care market consists of the retail sales of cat care, dog care, other pet care and pet healthcare products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the compilation of this report have been calculated using 2010 annual average exchange rates.
- The global pet care market generated total revenues of $80.3 billion in 2010, representing a compound annual growth rate (CAGR) of 4.3% for the period spanning 2006-2010.
- Dog care sales proved the most lucrative for the global pet care market in 2010, generating total revenues of $29.2 billion, equivalent to 36.3% of the market's overall value.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.8% for the five-year period 2010-2015.
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