Forecast of trends in the pet products market

[aminaas1576]

Pet owners are very open to new product concepts.

As the concept of humanizing pets is promoted, pet products have begun to innovate in terms of R&D features, and launched more unique categories of pet products. This new concept is deeply loved by pet owners. For example, in the category of "pet wipes", the search traffic for "pet wipes" has increased by 185% over the past 5 years.

Smart products are a big trend

The concept of smart products is gradually occupying the minds of consumers. Many smart pet products can be seen on e-commerce platforms such as Amazon, ranking among the best-sellers. The participation of the younger generation of consumers, their fast pace of life, and their preference for high-tech products have also contributed to algeria number data the development of smart pet products.



Trend 2: High-end brands are in demand
Improved pet food consumption concepts and high-end brands in demand

With the improvement of consumption concepts, pet owners are no longer satisfied with buying the basic products needed to feed their pets, but are looking for higher quality, more distinctive and emotionally valuable products. This has contributed to the rise of high-end pet brands, and consumer attention and recognition of brands has soared.

According to data released by the UK Office for National Statistics, spending on pet products in the UK will reach £9.89 million per year in 2022, up 182% from a decade ago. In the United States, spending on pet products will exceed $136 billion in 2022.