The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s pet care e-commerce market report forecasts the pet care e-commerce market size to grow to $43.38 Billion by 2027, with a CAGR (compound annual growth rate) of more than 11%.

Learn More On The Pet Care E-commerce Market Report 2023 – https://www.thebusinessresearchcompany.com/report/pet-care-e-commerce-global-market-report

Pet Care E-commerce Market Size Forecast
The global pet care e-commerce market is expected to grow from $25.02 billion in 2022 to $28.08 billion in 2023, at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The pet care e-commerce market size is expected to grow to $43.38 billion in 2027 at a CAGR of 11.5%.

North America held the largest pet care e-commerce market share.

Key Pet Care E-commerce Market Driver ­– Rise In Pet Adoption Rate
For instance, in July 2022, according to the American Society for the Prevention of Cruelty to Animals, a US-based non-profit organization, only 3.2 million of the roughly 6.5 million animals that enter shelters each year are adopted. Further, in July 2022, according to the Humane Society, an India-based animal protection organization, every year, 31% of cats and 28% of dogs are adopted from shelters. Therefore, rising pet adoption is driving the growth of the pet care e-commerce market.

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Key Pet Care E-commerce Market Trend – Product Innovations
Major companies operating in the pet care e-commerce markets are concentrating on creating innovative product solutions to boost their market share. For instance, in August 2022, Chewy, a US-based company operating in pet care e-commerce, launched CarePlus, enabling millions of pet parents to access wellness and insurance plans. It is the most recent addition to Chewy’s expanding line of health and wellness products, expanding access to high-quality, reasonably priced pet healthcare. The product’s distinguishing characteristics include 100% cost coverage for eligible prescription drugs, supplements, and veterinary diet food purchases made on Chewy.com.

Pet Care E-commerce Market Segment
1) By Product: Pet Grooming Products, Pet Food, Medications (OTC/Supplies), Other Products
2) By Animal Type: Canine, Feline, Crawler, Other Animals
3) By Application: Fungal Infections, Digestive Problems, Other Applications

Pet Care E-commerce Market Major Players and Strategies
Major players in the pet care e-commerce market are PetSmart Inc., Chewy Inc., Amazon.com, Walmart Inc., SmartPAK, Petco Health and Wellness Company Inc., PETstock, PetMed Express Inc., BarkBox, PetFlow, Nestle S.A., Dover Saddlery Inc., Zoetis Inc., Doskocil Manufacturing Company Inc., Ancol Pet Products Limited, Blue Buffalo Co. Ltd., Champion Petfoods LP, and Colgate-Palmolive Company.

In August 2020, Elanco Animal Health, a US-based pharmaceutical company, acquired Bayer AG for $6.89 billion. This acquisition of Bayer AG by Elanco Animal Health contributes to the international development, production, and marketing of veterinary goods for cattle and pets. Bayer AG is a Germany-based company operating in pet care e-commerce.

The Pet Care E-commerce Global Market Report 2023 covers regional data on pet care e-commerce market size, pet care e-commerce market trends and drivers, opportunities, strategies, and pet care e-commerce market competitor analysis. The countries covered in the pet care e-commerce market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Pet care e-commerce is a website used to bridge the gap between pet parents and correct pet care information. Social media have been used as a tool along with the website. Brands have created a reliable online marketplace with a D2C business model so pet parents can choose from pet care brands that best fit their pet’s needs.

View More Reports Related To The Pet Care E-commerce Market –
Pet Grooming Services Global Market Report 2023
ECommerce Global Market Report 2023
Pet Food Global Market Report 2023

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