Global Pet Oral Care Products Market Expected To Reach USD 2,212.2 Million By 2022
According to the latest publication from Meticulous Research®,
the global market for Pet Oral Care products
will increase at a CAGR of 6.2% from 2017 to 2022 to reach USD 2,212.2 million
by 2022, driven by increasing pet ownership, rising awareness among pet owners
about their pet’s health, and increasing pet insurance.
In addition,
premiumization of pet care market, rising disposable income, and westernization
in developing nations further drives the global pet oral care products market.
However, high cost of some pet oral care products, lack of awareness about
pets’ health in developing nations, and cultural & regulatory challenges
hinders the growth of market to some extent.
Oral health is one of the major concerns for companion
animal owners. According to the American Veterinary Medical Association (AVMA),
periodontal disease is the most common clinical condition in cats and dogs.
Approximately 70% of cats and 80% of dogs develop some form of periodontal
disease by the time they’re three years old. Over the time, pet owners are
becoming increasingly aware of their pets’ teeth and mouths as part of overall
animal health and are looking for effective product solutions to help them
maintain their furry companion’s oral health. As a result, the pet care
industry is taking steps to capitalize on the growing awareness, resulting into
the development and marketing of numerous pet oral care products.
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The global pet oral care products market is mainly segmented
by product type (Dental Chew, Toothpaste, Toothbrush, Mouthwash/Rinse,
Additives, and Others), by animal type (Dog, Cat, and horses), and by geography
(North America, Europe, Asia-Pacific, Latin America, and Middle East and
Africa). The geographical regions are further analyzed at a country level with
a detailed qualitative and quantitative analysis.
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Geographically, North America commanded the largest share in the global pet oral care products market, followed by Europe. Large share of North America is primarily attributed to the increasing pet humanization, growing premiumzation of pet care products, presence of pet insurance, rising awareness about pet’s health among pet owners, and presence of large number pet healthcare products providers. However, Asian countries are slated to register the fastest growth during the forecast period, primarily due to increasing pet ownerships, increasing westernization, and investments by the major players in this region.
The key players in
the global pet oral care products market are AllAccem Inc., Colgate- Palmolive
Company, Dechra Pharmaceuticals plc., Petzlife Products, imRex Inc., Virbac,
Nestlé Purina PetCare (Part of Nestle), Merial (part of BoehringerIngelheim),
Healthymouth LLC, Vetoquinol SA, CevaSanteAnimale S.A, and Mars, Incorporated.
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