Market Overview:
The global pet foster care service market is expected to register a CAGR of 7.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for pet adoption and rising awareness about animal welfare. In addition, growing number of working couples and nuclear families has led to an increase in the demand for short-term foster care services. Moreover, increasing trend of pet humanization is also contributing to the growth of this market. However, lack of awareness about animal welfare among people in developing countries is restraining the growth of this market. On the basis of type, short-term foster care services are expected to account for a major share in terms revenue during 2018-2030 owing to its growing popularity among people across different regions globally. On the other hand, long-term foster care services are projected witness highest CAGR over forecast period due their benefits such as reducing stress levels and providing companionship for elderly or disabled pets owners who are not able or willing to keep their pets with them full time .
Product Definition:
A pet foster care service is one that provides a temporary home for pets who are not able to live with their families for some reason. This could be because the family is moving, they have allergies, or the pet is too much work. The importance of this service is twofold: it keeps pets out of animal shelters and it gives people a chance to temporarily care for a pet without having to commit to taking them on full-time.
Short-term Foster Care:
Short-term foster care is a temporary arrangement made by an individual, family or organization to provide foster care and/or fostering services. Short-term foster care can last from a few days to several months. The purpose of short-term fostering is usually so that the child can have around-the-clock adult supervision while his/her parents are working or for other parental reasons.
Long-term Foster Care:
Long-term foster care is a temporary arrangement made between a licensed agency and the biological parents or legal guardians of a minor. The biological parents or legal guardians can only serve as long-term foster parents for their own children.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. The pet shop foster care is expected to be the fastest-growing sub-segment owing to rising demand from end users. Pet shops are increasingly adopting a foster care model as it helps them in managing their inventory better by having a reliable source of supply, which ensures high product quality at all times.
Pet shops have been known to offer special discounts and incentives for regular customers who bring along new friends into their homes. This has led many end users across the globe to opt for pet shop fosters over other options, especially when they have more than three pets at home that require daily attention or when they travel out of town with their pets. Others include boarding kennels and grooming parlors among others where people leave their pets while traveling or on business trips etc., making them temporarily unavailable during specified time frames each day.
Regional Analysis:
North America dominated the global pet foster care service market in 2017. This is attributed to increasing awareness about animal welfare, growing number of pets and supportive government initiatives. According to APPA, in U.S., around 65% of households had at least one dog while 56% had at least one cat in 2016; thus creating a huge demand for pet fostering services across the region. Moreover, according to an article published by The Conversation on 19th January 2018, nearly 60 million U.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising disposable income coupled with growing adoption rates for animals including puppies & kittens and elderly animals such as rabbits & guinea pigs & hamsters etc.).
Growth Factors:
- Increasing demand for pet adoption and animal welfare services
- Rising disposable income of the population
- Proliferation of online platforms for pet adoption and foster care services
- Growing awareness about the benefits of pet foster care services
- Government initiatives to promote animal welfare
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet Foster Care Service Market Research Report
By Type
Short-term Foster Care, Long-term Foster Care
By Application
Home Foster Care, Pet Shop Foster Care, Others
By Companies
PetSmart, PETCO Animal Supplies, Best Friends Pet Care, Boston Dog Company, Rover, Woof Gang Bakery, Buckhead Pet Sitting Services, Heritage Pet, Camp Bow Wow, House and Hound Care, The Loudoun Pet Sitting Co, Pets＆Company, Pet Paradise, Dogtopia, Holidog, Krisers, SWAT Pets
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Pet Foster Care Service Market Report Segments:
The global Pet Foster Care Service market is segmented on the basis of:
Types
Short-term Foster Care, Long-term Foster Care
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Foster Care, Pet Shop Foster Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PetSmart
- PETCO Animal Supplies
- Best Friends Pet Care
- Boston Dog Company
- Rover
- Woof Gang Bakery
- Buckhead Pet Sitting Services
- Heritage Pet
- Camp Bow Wow
- House and Hound Care
- The Loudoun Pet Sitting Co
- Pets＆Company
- Pet Paradise
- Dogtopia
- Holidog
- Krisers
- SWAT Pets
Highlights of The Pet Foster Care Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Short-term Foster Care
- Long-term Foster Care
- By Application:
- Home Foster Care
- Pet Shop Foster Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pet Foster Care Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pet Foster Care Service is a pet care service that provides temporary or permanent homes for dogs and cats in need. The service can provide a safe, loving home for pets until they are adopted or returned to their original owner.
Some of the major companies in the pet foster care service market are PetSmart, PETCO Animal Supplies, Best Friends Pet Care, Boston Dog Company, Rover, Woof Gang Bakery, Buckhead Pet Sitting Services, Heritage Pet, Camp Bow Wow, House and Hound Care, The Loudoun Pet Sitting Co, Pets＆Company, Pet Paradise, Dogtopia, Holidog, Krisers, SWAT Pets.
The pet foster care service market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet Foster Care Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pet Foster Care Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet Foster Care Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pet Foster Care Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pet Foster Care Service Market Size & Forecast, 2018-2028
4.5.1 Pet Foster Care Service Market Size and Y-o-Y Growth
4.5.2 Pet Foster Care Service Market Absolute $ Opportunity
Chapter 5 Global Pet Foster Care Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pet Foster Care Service Market Size Forecast by Type
5.2.1 Short-term Foster Care
5.2.2 Long-term Foster Care
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pet Foster Care Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pet Foster Care Service Market Size Forecast by Applications
6.2.1 Home Foster Care
6.2.2 Pet Shop Foster Care
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pet Foster Care Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pet Foster Care Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pet Foster Care Service Analysis and Forecast
9.1 Introduction
9.2 North America Pet Foster Care Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pet Foster Care Service Market Size Forecast by Type
9.6.1 Short-term Foster Care
9.6.2 Long-term Foster Care
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pet Foster Care Service Market Size Forecast by Applications
9.10.1 Home Foster Care
9.10.2 Pet Shop Foster Care
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pet Foster Care Service Analysis and Forecast
10.1 Introduction
10.2 Europe Pet Foster Care Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pet Foster Care Service Market Size Forecast by Type
10.6.1 Short-term Foster Care
10.6.2 Long-term Foster Care
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pet Foster Care Service Market Size Forecast by Applications
10.10.1 Home Foster Care
10.10.2 Pet Shop Foster Care
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pet Foster Care Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pet Foster Care Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pet Foster Care Service Market Size Forecast by Type
11.6.1 Short-term Foster Care
11.6.2 Long-term Foster Care
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pet Foster Care Service Market Size Forecast by Applications
11.10.1 Home Foster Care
11.10.2 Pet Shop Foster Care
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pet Foster Care Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Pet Foster Care Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pet Foster Care Service Market Size Forecast by Type
12.6.1 Short-term Foster Care
12.6.2 Long-term Foster Care
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pet Foster Care Service Market Size Forecast by Applications
12.10.1 Home Foster Care
12.10.2 Pet Shop Foster Care
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pet Foster Care Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pet Foster Care Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pet Foster Care Service Market Size Forecast by Type
13.6.1 Short-term Foster Care
13.6.2 Long-term Foster Care
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pet Foster Care Service Market Size Forecast by Applications
13.10.1 Home Foster Care
13.10.2 Pet Shop Foster Care
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pet Foster Care Service Market: Competitive Dashboard
14.2 Global Pet Foster Care Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PetSmart
14.3.2 PETCO Animal Supplies
14.3.3 Best Friends Pet Care
14.3.4 Boston Dog Company
14.3.5 Rover
14.3.6 Woof Gang Bakery
14.3.7 Buckhead Pet Sitting Services
14.3.8 Heritage Pet
14.3.9 Camp Bow Wow
14.3.10 House and Hound Care
14.3.11 The Loudoun Pet Sitting Co
14.3.12 Pets＆Company
14.3.13 Pet Paradise
14.3.14 Dogtopia
14.3.15 Holidog
14.3.16 Krisers
14.3.17 SWAT Pets
