The US pet market is anticipated to reach US$135.2 billion in 2026, experiencing growth at a CAGR of 3.50% for the period spanning 2022-2026. Fore more: vikas@konceptanalytics.com

1. US Pet Market: Insights & Forecast with Potential
Impact of COVID-19 (2022-2026)
November 2022

2. Executive Summary
The US pet market is anticipated to reach US$135.2 billion in 2026, experiencing growth at a CAGR of 3.50% for the period
spanning 2022-2026. The market growth was driven by various factors such as rise in millennial population, growing
adoption of e-commerce in pet care products and increasing share of single-person households. Furthermore, growth in the
US pet market is expected to happen due to the surging adoption of veterinary telehealth and innovation of newer product
categories. The market growth is likely to get disrupted due to pet food shortage.
The US pet market by category can be segmented as follows: pet food; veterinary products & services; pet supplies (products
& OTC medicine) and other services. In 2021, the dominant share of market was held by pet food segment, followed by
veterinary products & services segment.
The US pet market by distribution channel can be segmented into the following categories: online retail stores, specialty
stores and supermarkets/hypermarkets. In 2021, the market was dominated by online retail stores segment. This was
followed by specialty stores and supermarkets/hypermarkets segment.
US Pet Market: Insights & Forecast with Potential Impact of
COVID-19 (2022-2026)

3. Executive Summary
Scope of the report:
• The report provides a comprehensive analysis of the global polyethylene market with potential impact of COVID-19.
• The major regional markets (Asia Pacific, North America, Europe, MEA and South America) have been analyzed.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
• The company profiles of leading players (LyondellBasell Industries, SABIC, Repsol Group, ExxonMobil Corporation, INEOS
and MOL Group) are also presented in detail.
Key Target Audience:
• Polyethylene Manufacturers
• Raw Material Providers
• End Users (Businesses/Consumers)
• Investment Banks
• Government Bodies & Regulating Authorities.
US Pet Market: Insights & Forecast with Potential Impact of
COVID-19 (2022-2026)

4. Report Coverage
US Pet Market: Insights & Forecast with Potential Impact of
COVID-19 (2022-2026)
Introduction/Market Overview
US Market Analysis
Market Dynamics
Impact of COVID-19
Company Profiles

5. Common Types of Pets
US Pet Market: Insights & Forecast with Potential Impact of
COVID-19 (2022-2026)
Common Types of Pets
Domesticated
Wild

6. Impact of COVID-19
US Pet Market: Insights & Forecast with Potential Impact of
COVID-19 (2022-2026)
At the beginning of the global pandemic, individuals across the country were trying everything in order to beat the
quarantine blues. Initially, flour and eggs flew off the shelves for the purpose of baking, then workout equipment went out
of stock and art supplies were also impacted. Apart from this, imposition of lockdown and rise in quarantine period created
higher demand for new furry friends. Adoption of pets skyrocketed as more people have decided to own a pet as they were
all home and had adequate time for feeding them and training them. During the time of distress pets proved to be a loyal
and happy companion for the individuals and acted as the best medicine. People had their attention diverted from the
deadly pandemic as a result of their new pet.
Animal shelters in the Washington region have been experiencing a unique problem throughout the pandemic period, as
more residents are at home. The practice of self isolation has created rising demand for the adoption of pets such as dogs
and cats that its supply became increasing limited. Some animal shelters and humane rescue groups experienced double
the typical number of requests from people regarding the adoption of pets since the initiation of pandemic in the US. As
organizations have switched their in-person adoptions to virtual meet and greets, they were also competing with rescue
groups in other parts of the country to bring in animals. Although it was expected that people would stop adopting pets
during the pandemic because they would be required to conserve money for medical or other essential needs but nothing
like that happened. Instead, people were more attracted towards pet adoption. Last Chance recorded growth in its pet
adoption rate, mostly dogs from 30% to 40% over the year. Furthermore, Lucky Dog Animal Rescue situated in Arlington
stated that they helped 3,385 pets to find a home by the end of 2020, up from 1,800 in the previous year. Encouraged by
the enthusiasm of individuals to adopt new pets, various animal adoption centers boosted their organization’s online
adoption services that were helpful during the time of pandemic.
Shelter Animals Count, that runs a database tracking shelter and rescue activity, looked at pet adoption rate during the
global pandemic period and stated that 26,000 more pet adoptions were recorded in 2020 as compared to 2019. In April,
around the beginning of the pandemic, national pet adoption rate jumped by 34% over the year. This happened because
adopting a pet provided more emotional support to overcome stress during the pandemic. Moreover, pandemic was the
perfect time to get a new pet because people had more time to spend with their new member. Thus, emergence of COVID-
19 pandemic had a positive impact on the US pet market.

7. The US Pet Market by Value
Note: These are dummy figures. Please purchase the report for actual figures.
The US Pet Market by Value, 2017-2026 (US$ Billion)
In 2026, the US pet market is expected to reach US$xx billion, increasing from US$xx billion in 2022, at aCAGR of xx%, during
2022-2026. Factors such as increasing population of youngsters and rising number of unmarried & childless households
would impact market growth.
US Pet Market: Insights & Forecast with Potential Impact of
COVID-19 (2022-2026)
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2021
2017 2018 2019 2020 2022E 2023E 2024E 2025E 2026E
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8. The US Pet Market by Category
Note: These are dummy figures. Please purchase the report for actual figures.
The US Pet Market by Category, 2021(%)
The US pet market can be categorized as follows: pet food, veterinary products & services and pet supplies (products & OTC
medicine). In 2021, the dominant share of the market was held by pet food segment with xx%, followed by veterinary
products & services and pet supplies (products & OTC medicine) segment with xx% and xx%, respectively.
US Pet Market: Insights & Forecast with Potential Impact of
COVID-19 (2022-2026)
Pet Food
25%
Veterinary
Products &
Services
25%
Pet Supplies
(Products &
OTC Medicine)
25%
Other Services
25%

9. The US Pet Market by Distribution Channel
Note: These are dummy figures. Please purchase the report for actual figures.
The US Pet Market by Distribution Channel, 2021 (%)
The US pet market by distribution channel can be segmented into the following: online retail stores, specialty stores and
supermarkets/hypermarkets. In 2021, the dominant share of the market was held by online retail segment with xx%. This
was followed by specialty stores and supermarkets/hypermarkets segment with xx% and xx% share, respectively.
US Pet Market: Insights & Forecast with Potential Impact of
COVID-19 (2022-2026)
Online Retail
Stores
25%
Specialty Stores
25%
Supermarkets/
Hypermarkets
25%
Others
25%

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