According to a new report by Intel Market Research, the global Pet Care Service Market is witnessing substantial growth as rising pet ownership, increasing demand for premium pet wellness solutions, and expanding veterinary healthcare services continue to reshape the industry landscape. According to the latest market research report, the market was valued at USD 112.4 billion in 2025 and is projected to reach USD 185.3 billion by 2034, expanding at a CAGR of 5.8% during the forecast period.
The growing trend of pet humanization is encouraging consumers to spend more on advanced medical care, grooming, training, and wellness services for companion animals. Pet owners increasingly view pets as family members, resulting in higher investments in preventive healthcare, luxury boarding, personalized nutrition, and at-home pet care services.
Medical services remain the dominant segment in the market due to the increasing prevalence of chronic conditions such as arthritis, diabetes, and cardiovascular diseases among aging pets.