PET CARE PRODUCTS MARKET ANALYSIS

Market News

Pet Care Products Market Key Developments:

The players operating in pet care market are undergoing various mergers & acquisitions and product development in order to maintain their position in the competitive business environment. For instance, in May 2017, PetSmart, Inc. completed the acquisition of Chewy Inc., one of leading online retailer for pet care products. This acquisition helps PetSmart Inc. and Chewy Inc. to expand their global presence along with better consumer experience with their convenient pet care products.

Furthermore, in August 2016, Annamaet Petfoods announced its new canine formula, Annamaet Sustain, as a part of its green business practices. This is a palatable formula made with Certified Fish Source.

The companies dealing into the market are undertaking various promotional and marketing activities in order to increase their popularity worldwide. For instance, Animal Necessity, LLC, manufacturer of nutritional pet care products showcased their line of veterinary specialty products at world pet association trade show: SuperZoo held in Las Vegas, NV in August 2016.

In addition to this, Best Shot Pet Products International launched its new Chlorhexidine Shampoo at SuperZoo trade show in August 2016. The shampoo is manufactured for moisturizing and routine bathing for dogs, horses, cats, and foals.