Pet Training Services Market Size is Expected to Grow USD 6.84 Billion, Globally and by 2031, Growing at 6% CAGR from 2022 to 2031

Pet Training Services Market

According to the Pet Training Services market analysis, the global market is segmented on the basis of pet type, purpose, industry, training method and region.

The growing adoption of the latest and innovative electronic devices for training various pets such as cats, dogs, and horses is expected to gain momentum in the foreseeable future.

—Roshan Deshmukh

PORTLAND, OREGON, USA, Aug. 18, 2022 /EINPresswire.com/ — According to a new report released by Allied Market Research titled “Pet Training Services Market”, the size of the pet training services market was assessed to $3.83 billion in 2021, and is expected to reach $6.84 billion by 2031, growing at a CAGR of 6% from 2022 to 2031. Lockdowns in various countries and bans on international travel have disrupted the supply chain and the revenue chain.

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Pet training is essential for any pet that builds trust in pets, instills desirable behaviors in pets, and builds strong relationships between pets and pet owners. The growing adoption of pets among Millennials and Gen Z is a major factor that is expected to drive the demand for pet training services across the globe. The adoption of various pets such as rabbits, dogs, cats and birds is rapidly gaining momentum among people all over the world.

According to the Pet Training Services market analysis, the global market is segmented on the basis of pet type, purpose, industry, training method and region.

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Based on pet type, the market is divided into dogs, cats, horses and others. According to the purpose, it is divided into standard, specific and service. Based on branch, the market is segmented into single and multiple. Further, based on the training method, the pet training services market is segregated into virtual and offline. Regionally, the market is analyzed across North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa).

Based on the type of pet, the dog segment dominated the market, securing around 42.5% of the pet training services market share in 2021. Dogs are trained to make them perform a wider variety of functions such as guarding, drug and explosives detection, search and rescue and assisting the disabled. Training helps build confidence, provide mental stimulation and create a strong bond between humans and dogs. The growing adoption of dogs as pets and growing desire of dog owners to train their pets for different functional benefits has resulted in significant growth of the dog segment in the global pet training services industry. company.

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According to the objective, the standard segment accounted for 69.3% of the market share in 2021 and led the global pet training services market. This dominance is attributed to increased spending on training pets for entertainment, companionship, and safety. The increasing adoption of pets for companionship and entertainment purposes is expected to drive the growth of the standard segment during the forecast period.

Based on the training method, virtual is expected to experience the highest CAGR of 6.7% during the forecast period. Virtual pet training services are becoming increasingly popular as people look for ways to train their pets without having to leave the comfort of their homes. Virtual pet training services offer a variety of different activities they can do with their pet, and they can be a great way to entertain and engage their pet. Moreover, increasing adoption of digital technologies like internet and smartphones is driving the growth of the virtual segment.

Regionally, North America led the global market in 2021. Growing adoption of pets, high disposable income, increased trend towards humanization of pets, presence of several large pet training service providers and increased awareness of the benefits of pet training are some of the major factors that have led to North America’s dominance in the global market.

Key market players profiled in the report include:

○ Best Friends
○ Beyond the Dog
○ Great Valley Dog Training
○ Brunell Pet Services
○ Camp Bow Wow
○ Dog having fun
○ Every dog ​​behavior and training
○ Family dog ​​training center
○ Highland Canine Training LLC.
○ Lick and like

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Main benefits for stakeholders:

○ This report provides a quantitative analysis of the Pet Training Services market size, segments, current trends, estimates and dynamics of the Pet Training Services market analysis of 2021 to 2031 to identify the predominant opportunity of the Pet Training Services market.
○ Market research is offered with information related to key drivers, restraints, and opportunities.
○ Porter’s Five Forces analysis highlights the ability of buyers and suppliers to enable stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.
○ In-depth analysis of the Pet Training Services market segmentation helps to determine the existing market opportunities.
○ Major countries in each region are mapped according to their contribution to global market revenue.
○ Positioning of market players facilitates benchmarking and provides a clear understanding of the current position of market players.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unparalleled quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

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