Pampered Pets Market Expected to Exceed $25 Billion by 2010

New York, June 26, 2006 — On-the-go pet owners who pamper their pets like family are instrumental in the rapid growth of pet care services—everything from doggie daycare and behavior modification to the latest cancer therapeutics—a pet niche with sales expected to exceed $25 billion by 2010, according to Pet Care Services in the U.S., a new report from market research publisher Packaged Facts.

Packaged Facts projects that the market for veterinary, boarding, grooming, training and other services (primarily pet sitting) will continue to grow, pushing the market well beyond 2005’s $18.19 billion to reach $25.3 billion in 2010. Veterinary services, with nearly three-fourths of the market, is being outpaced by the increasingly popular training and grooming segments, which grew at a rate of 10.5% and 8% respectively from 2001-2005.

Much of the phenomenal market growth can be attributed to a trend towards “functional pampering,” which mimics in part the lifestyles of one of the main pet owner demographics—Baby Boomers. This move towards “health-enhancing” treats and treatments, has been a boon for mobile grooming, pet trainers, visiting vets and in particular, the ultra-convenient, one-stop pet megaliths which offer every pet care service imaginable.

“Pet owners are caring for their pets like children, and the trend towards ‘convenience pets,’—pets who go anywhere, do everything, and are expected to behave everywhere like a member of the family—is quickly catching on,” notes Don Montuori, the publisher of Packaged Facts. “Pet service providers in turn are meeting the upscale demands of today’s pet owners and the payout continues to be big.”

This 2nd edition of Pet Care Services in the U.S. provides a comprehensive analysis of the fastest-growth area of the overall pet market. The report examines new product trends, offers competitive profiles of industry leaders (and niche players), and looks at consumer trends and behaviors surrounding pet ownership and pet pampering. Priced at $2,500, this report can be purchased directly from Packaged Facts by visiting: http://www.packagedfacts.com/pub/1219007.html. It is also available at MarketResearch.com.

About Packaged Facts
Packaged Facts, a division of MarketResearch.com, a leading provider of industry-specific market research reports, publishes market intelligence on a wide range of consumer industries. For more information visit www.PackagedFacts.com, or contact Tom Ehart at 240-747-3014, or tehart@marketresearch.com.