Chemical Research Report Pet-Care-Products-Market | Page 3

composted, and used as mulch. For instance, Draynecs BVBA, a company from Belgium, introduced Clumping Vegetal Catlitter, which is made from organic cereal-based fiber with high odor controllability and better shelf-life. Other biodegradable cat litter products are Feline Pine Original Cat Litter, Biodegradable Bentonite Kitty Litter, Biodegradable, and Hygienic Tofu Cat Litter in Blueberry Flavor along with others. North America is expected to account for major share in the pet care products market in the forecast period. According to the American Pet Products Association, in 2017, US$ 69.36 billion was spent on pets in the U.S., which is an increase by US$ 40 billion from 2001. The major spending sectors for pet owners are food and vet care, which is US$ 30 billion and US$ 17 billion respectively. Asia Pacific is expected to be the fastest growing pet care products market by 2025. This is owing to increasing pet adoption in countries such as India, South Korea, and others. In South Korea, 17% of the household owns a pet (cats, dogs, mini pigs and others), which is in turn leading to growth of the pet care products market in Asia Pacific. Furthermore, in China, local players such as Shanghai Bridge Petca re and others are competing with the foreign players such as Mars Foods, Royal Canin Au Yu (Shanghai) Pet Food, and others by using North European standards in pet food manufacturing and exporting various products such as Nature Bridge, Nature Club, Kitchen Flavor, Nory, and others with competitive pricing. Browse More About the Pet Care Products Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/pet-care-products-market-1585 Report includes chapters which deeply display the following deliverable about industry: • Pet Care Products Market Research Objective and Assumption • Pet Care Products Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • Pet Care Products Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Pet Care Products Market, By Regions • Pet Care Products Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Pet Care Products Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors.