Pet & Pet Supplies Stores Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 7/8/2024
SIC Codes: 5999
NAICS Codes: 45991
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Pet & Pet Supplies Stores Industry Profile

Companies in this industry operate physical retail establishments that sell pets, pet foods, and pet supplies. Major companies include Petco, Petland, and PetSmart (all based in the US); along with Global Pet Foods and Pet Valu (both based in Canada), and Pets at Home (UK).

The global pet and pet care market may reach $600 billion by 2033, growing at a compound annual growth rate (CAGR) of 6.1% from 2022, according to Precedence Research. North America and Western Europe are well-positioned for further growth through an uptick in consumer purchases.

The US pet and pet supply store industry includes about 10,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $20 billion.


Pet ownership drives demand, and spending generally resists economic cycles. Profitability for individual companies depends on the ability to generate store traffic and effective merchandising. Large companies offer low prices and wide selections of both products and services. Small companies compete effectively by serving a local market, selling unique products, offering specialized services, or providing pet expertise. The US industry is concentrated: the 50 largest companies account for over 75% of industry revenue.

Competitors include grocery stores, warehouse clubs, mass merchandisers, internet retailers, and some veterinary clinics. By offering the premium pet food brands pet owners want at competitive prices, mass merchandisers and online players, including Amazon and, are siphoning sales from pet specialty ...

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