The Chile pet care market was valued at more than USD 1.18 billion in 2023, influenced by a surge in pet ownership and demand for high-quality products.
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Pet owners all over the world see their animals as members of their families and seek high-quality pet care products and services to ensure their well-being. Recent advancements in the pet care market have been fuelled by concerns about these pet care products’ safety requirements. Pets have a special place and are considered family in most homes. Pet care products are becoming more popular as people are focusing more on animal welfare and well-being. Food, hygiene, toys, and other kinds of animal care products are now widely available in the market. The demand for premium pet care products and services is also being driven by rising pet adoption rates and increasing per-capita pet spending across regions. In addition, a main driver of the pet care business across the country is rapidly increasing urbanization. Cats, dogs, and other pets are most popular because they are simpler to humanize and indulge than larger animals. Nowadays, cats have become a prominent choice as pets for pet owners, which are subsequently driving the sales of cat care products and accessories.
According to the research report "Chile Pet Care Market Overview, 2029," published by Bonafide Research, the Chile Pet Care market was valued at more than USD 1.18 Billion in 2023. Other reasons contributing to the expansion of the pet care market include improving attitudes toward pets, changing lifestyles, an increasing number of nuclear households, and a growing number of millennial. Further, demand for vegan animal food items is also likely to be driven by changing animal owners’ tendencies in feeding plant-based and healthy meals to their pets. Aside from that, the rising popularity of premium service dog and cat toys among animal owners is likely to boost the demand for pet dog and cat toys. Rising demand for high-quality animal hygiene products is expected to fuel market expansion over the coming years.
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