Pet Oral Care Products Market Future Growth Trends and Business Opportunities, 2018 - 2023
The factors that propel the growth of the pet oral care products market include westernization in emerging nations, premiumization of pet care market, increasing awareness regarding pet care.
Pet Oral Care Products Market(firmenpresse) - Global pet oral care products market is anticipated to witness an exponential growth in the forecast period. The factors that propel the growth of the market include westernization in emerging nations, premiumization of pet care market, increasing awareness regarding pet care, rising disposable income, and high occurrence of oral diseases such as periodontal/gingivitis disease, fractured teeth, carious lesions, dental plaques stomatitis, malocclusion, and bad breath, among the pet populace.
On the other hand, there are factors that may hamper the growth of the market including lack of consciousness cultural & regulatory challenges and high cost of some pet oral care products. Pet oral care product market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Pet oral care products market could be explored by animal type, product type, and geography. Market could be explored by animal type as Horses, Cat, and Dog. Based on product type, the market could span Toothbrush, Toothpaste, Mouthwash/Rinse, Additives, Dental Chew, Dental Wipes, Breath Freshener Spray, and Other Products. The market could be explored based on distribution channel as Direct Sales, and Distributor.
North America accounted for the major share of the pet oral care products industry in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing per capita animal healthcare spending. Furthermore, the increase in the occurrence of many varied oral health-related diseases has been recognized, and high consciousness about pet health among the pet owners and an increase in the number of dental procedures are driving the market. North America is followed by European and Asia-Pacific region owing to increase in consciousness about pet oral health and surge in demand of pet insurance coverage.
Some of the key players that fuel the growth of the pet oral care products market comprise Ceva Sante Animale S.A., Allaccem, Inc, Dechra Pharmaceuticals Plc, Colgate-Palmolive Company, imRex Inc, Healthy Mouth LLC, Merial (Part of Boehringer Ingelheim), Mars, Incorporated, Pet life Product Inc, B50, Virbac, Veto quinol S.A. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Themen in dieser Pressemitteilung:
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personal-care-products
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pet-oral-care-products-industry
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Datum: 27.12.2019 - 11:00 Uhr
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