Market Overview

According to the latest estimates, the pet products market in Philippines is set to achieve an incremental growth of USD 23.0 million, accelerating at a CAGR of almost 8.6% during the forecast period 2024-2029. The pet products industry has witnessed substantial proliferation in recent years, propelled by various socioeconomic and cultural drivers. Chief among these is the increasing tendency toward anthropomorphism wherein domestic animals are perceived as members of the familial unit. This phenomenon has fostered heightened expenditures on accoutrements and provisions targeted towards enhancing the holistic welfare and enrichment of animal companions.

Concurrently, notable demographic shifts have contributed to the industry’s expansion. The prevalence of nuclear family formations coupled with declining birth rates has engendered a propensity among couples and individuals to regard pets as proxies for children, resulting in amplified expenditures on premium pet foods, veterinary services, and ancillary products. Additionally, the augmentation of disposable incomes, especially within urban locales, has rendered pet ownership a more financially feasible prospect for a broader stratum of the population.

The report provides a comprehensive overview of the Philippines pet products industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, pet type, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the pet products industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the pet products industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.

Market Segmentation

The pet products market in Philippines is segmented as below:
Product type: grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, and others
Pet type: cat, dog, and others
Distribution channel: supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, and others

The Philippines pet products market is segmented on the basis of product type, pet type, and distribution channel. Based on product type, the pet products market in Philippines is categorized into grooming products, pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others), stain & odor control products, and others. On the basis of pet type, the pet products market in Philippines has been segmented into cat, dog, and others. By distribution channel, the pet products market in Philippines has been segmented into supermarkets and hypermarkets, pet stores, e-commerce, veterinary hospitals, and others.

Competitive Landscape

The Philippines pet products market is highly competitive. As of 2023, the major players in the Philippines pet products market were Elanco Animal Health Incorporated, Gilbert Emerson Marketing Corporation, Mikolas Trading Corporation, Biochemica Inc., AMN SHIELD INC., AVLI Biocare Inc., Herbalmed Asia Incorporated, Leomie Jhoy Enterprises.

The report is an indispensable tool for companies and organizations operating in the pet products industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the pet products market.

Why Buy This Report?

Provide statistical data or estimations for the Philippines pet products market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the pet products market in Philippines
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the pet products market in Philippines looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities

Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Philippines Pet Products Market – Product Type Analysis
3.1 Grooming products
3.2 Pet healthcare (flea & tick treatments, vitamins & supplements, dewormers, and others)
3.3 Stain & odor control products
3.4 Others
4. Philippines Pet Products Market – Pet Type Analysis
4.1 Cat
4.2 Dog
4.3 Others
5. Philippines Pet Products Market – Distribution Channel Analysis
5.1 Supermarkets and hypermarkets
5.2 Pet stores
5.3 E-commerce
5.4 Veterinary hospitals
5.5 Others
6. Company Profiles
6.1 Elanco Animal Health Incorporated
6.2 Gilbert Emerson Marketing Corporation
6.3 Mikolas Trading Corporation
6.4 Biochemica Inc.
6.5 AMN SHIELD, INC.
6.6 AVLI Biocare, Inc.
6.7 Herbalmed Asia Incorporated
6.8 Leomie Jhoy Enterprises
DISCLAIMER

Companies Mentioned

Elanco Animal Health Incorporated
Gilbert Emerson Marketing Corporation
Mikolas Trading Corporation
Biochemica Inc.
AMN SHIELD, INC.
AVLI Biocare, Inc.
Herbalmed Asia Incorporated
Leomie Jhoy Enterprises