The pet industry is a major segment of the U.S. economy. In 2002, American pet owners spent over $28.9 billion on their small companions, and in 2003, this figure is expected to approach $30 billion. Recent growth in all segments of the pet industry has provided an opportunity for both existing players and new entrants who have been increasingly active since the beginning of the 1990s. Changing demographics, new lifestyle trends, and a shift in American attitudes towards pets have led to a significant increase in consumer expenditures during the past five years. A growing number of players; consolidation among manufacturers, retailers, and service providers; and globalization of the American economy have transformed the maturing pet industry into a dynamic, highly competitive environment. This BCC, Inc. report analyzes these new developments and their potential impact on the future of the pet industry.

OBJECTIVES OF THIS STUDY AND ITS CONTRIBUTION

The objective of this BCC, Inc. study is to provide a comprehensive analysis of all segments of the pet industry in the U.S. and to forecast future trends. The existing reports usually highlight either pet food or pet supplies segments - and within these segments - focus on dog and cat products. To our knowledge, no existing report deals with the pet services segment. Our goal was to give an overview of the entire industry and to trace the developments in all animal segments, including bird, fish, small mammal, and reptile products in more detail. Due to the increasing importance of international markets for U.S. manufacturers and retailers, we also provided an extensive analysis of global trends, with an overview of key international markets for U.S. pet products. The international section of the report is significantly expanded as compared to the previous two versions.

List Price: $4,428.00 Price: $4,428.00 Updated on 6-7-2008.

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