Pet Funeral Services Market Size, Share & Trends Analysis Report By Pet Type (Dogs, Cats, Others), By Service Type (Burial, Cremation), By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The globalpet funeral services market sizewas valued atUSD 1.6 billion in 2022,预计利润丰厚的复合增长nual growth rate (CAGR) of 11.27% from 2023 to 2030. The market growth is largely driven by factors such as the rising popularity of pet cremation, growing pet ownership & animal humanization trends, and increasing demand for pet death care services. Moreover, several human funeral homes have expanded their service offerings for deceased pets. For instance, according to an article published by PULVIS in 2019, around 15% of funeral homes in America provide services for pets, while around 12% of funeral homes in the UK do the same. The said percentages are anticipated to have grown significantly in the current year.

During the year 2020, the COVID-19 pandemic negatively impacted the pet funeral services market, like other veterinary services industries. This was owing to the stringent government restrictions with nationwide lockdowns, the closure of pet service centers, reduced appointments in funeral homes, and highly implemented inter-business shift ofcremation servicesto meet human funeral demands (as the death rate of humans owing to COVID was on the rise). However, the growth quickly recovered the following year with increased pet adoption & ownership rates worldwide. For instance, according to the American Society for the Prevention of Cruelty to Animals (ASPCA), over 23 million American households adopted a new pet during the COVID-19 pandemic.

CVS Group, one of our key market players, has reported that its pet crematoria business revenue growth declined by 2.2% during the year 2020, which greatly recovered in the following year, with an 11.1% increase. In addition, the Dulaney Valley Memorial Gardens, U.S., reported that over the years, especially since the COVID-19 pandemic and the respective pet adoption rate expansion, the growth of pet death care services has exponentially increased in their memorial unit. Macroeconomic factors such as slower economic growth, global recession & stubbornly high inflation rates have impacted the market slightly during the years 2022 & 2023. However, the impact is anticipated to recover shortly.

根据Cremation Association of North America(CANA),pet memorialization and cremation services are among the fastest-growing death care sectors in the U.S. and Canada. To meet the expanding demand for pet funeral services, organizations like CANA are taking initiatives to support and provide information to such businesses. CANA and the International Association of Pet Cemeteries & Crematories (IAOPCC) collaborated several years ago to implement standard guidelines for pet crematories worldwide. The organizations also launched the Certified Pet Crematory Operator Program (CPCO) to ensure that both business owners & employees have been trained for current crematory operations. Such measures initiated by the public and government organizations further boost the market growth.

Pet Type Insights

The dog segment dominated the market of pet funeral services based on pet type, with the largest revenue share of over 50% in 2022. This is attributed to the growing preference for dogs as companion animals in several households around the globe, coupled with their large population in developed countries. The U.S., for example, was estimated to have about 90 million pet dogs in 2022, as per the American Veterinary Medical Association (AVMA), American Pet Product Association (APPA), and internal GVR estimates. By 2030, this number is projected to exceed 100 million. The increasing population of pet dogs in several key countries is expected to contribute to the demand for dog cremation & burial services.

The Better Place Forests,America’s first conservation memorial forest creator, reported that dog cremation is the most performed pet death care process worldwide, followed by cats and horses. The growing popularity of cats and their increasing ownership rates is a significant factor supporting the segment’s fastest growth rate of about 11.7% over the forecast period. For instance, the World Animal Foundation estimated that between 2016 and 2020, cat ownership increased from 25% to 26%, reaching 29% in 2022. 25.4% of U.S. households have cats. During the forecast period, this factor will likely increase the demand for felinefuneral services.

Service Type Insights

Based on the type of services, the market for pet funeral services is bifurcated into burial and cremation. The cremation segment dominated the market with the largest revenue share in 2022. Pet cremation services are often the most adopted & preferred option as it is comparatively more affordable and allows the owner to have a decent memorial for their deceased pets. According to a survey report published byPet Loss Professionals Alliance, around 99% of pet funerals conducted in the U.S. each year involve cremations. The cremation segment is further segmented into communal, partitioned, and private based on how cremation is performed.

The private cremation segment shows the fastest growth of more than 11% during the projected timeline. As per DeJoh Pet Services company, about fifteen years back, only around 1 out of 4 pets were given private cremation as many owners didn’t require back the cremated remains or ash. However, in the current decade, the ratio has flipped to about 70% of pet owners choosing private cremation. The burial segment held a notable share in the market, owing to the limited regulations in a few countries with flexible funeral options. In India, for example, most pet owners prefer burying their companions in their own backyard or empty ground lands. However, in some countries like South Korea and UAE, the burial of pets on private property is strictly prohibited.

Regional Insights

North America region dominated the global market and registered the largest revenue share of over 35% in 2022. This substantial share is owing to the presence of a large pet population with respectively high expenditure onpet services. For instance, according to the American Pet Products Association (APPA), the U.S. pet industry expenditure increased from USD 90.5 billion in 2018 to USD 136.8 billion in 2022. The report also estimates the projected expenditure to reach USD 143.6 billion by the end of 2023. These factors are contributing to the region’s largest share.

The Asia Pacific region is projected to grow at the fastest CAGR of over 12.5% during the forecast period. The changing consumer lifestyles, rising interest among people in adopting companion animals, and growing disposable income expand the region’s pet industry expenditure. In addition, the growing number of local service providers coupled with increased awareness & popularity of pet funeral processes in the region supports the market growth. The other regions, such as Europe, Latin America, and the Middle East & Africa, are also holding notable shares in the market owing to their dynamic pet industry.

Key Companies & Market Share Insights

The market is competitive and largely fragmented, with the presence of a significant number of small to large pet funeral service providers. These companies are constantly involved in implementing strategic initiatives, such as collaborations, mergers & acquisitions, and service & regional expansions, among others. For instance, in March 2021, VetPartners收购了Pet Cremation Services, a UK-based pet crematoria company, to expand its service offerings. Some prominent players in the global pet funeral services market include:

• Veternity

• CVS Group

• Regency.

• Vetspeed Ltd.

• Pets in Peace

• PRECIOUS PETS CREMATORY.

• Constant Companion

• Newhaven Funerals

• Paws to Heaven Pet Crematory

• Pet Cremation Services

• Midwest Cremation Service

• SARASOTA PET CREMATORY

• Okanagan Pet Cremation

• Precious Pet Cemetery

• Dignity Pet Crematorium

• High Peak Pet Funeral Services

• Anima Care

• Pets At Peace

Pet Funeral Services Market ReportScope

Report Attribute	Details
Market size value in 2023	USD 1.77 billion
Revenue Forecast in 2030	USD 3.74 billion
Growth rate	CAGR of 11.27% from 2023 to 2030
Base year for estimation	2022
Actual estimates/Historical data	2018 - 2021
Forecast period	2023 - 2030
Quantitative units	Revenue in USD million/billion & CAGR from 2023 to 2030
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	Pet type, service type, region
Regional Scope	North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country Scope	U.S.; Canada; UK; Germany; France; Italy; Spain; Denmark; Sweden; Norway; Japan; China; India; Australia; Thailand; South Korea; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE; Kuwait
Key companies profiled	Veternity; CVS Group; Regency.; Vetspeed Ltd.; Pets in Peace; PRECIOUS PETS CREMATORY.; Constant Companion; Newhaven Funerals; Paws to Heaven Pet Crematory; Pet Cremation Services; Midwest Cremation Service; SARASOTA PET CREMATORY; Okanagan Pet Cremation; Precious Pet Cemetery; Dignity Pet Crematorium; High Peak Pet Funeral Services; Anima Care; Pets At Peace
Customization scope	Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs.Explore purchase options

Global Pet Funeral Services Market Report Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global pet funeral services market based on pet type, service type, and region:

• Pet Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Dogs

  • Cats

  • Other Animals

• Service Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Burial

  • Cremation

    • Communal

    • Partitioned

    • Private

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

    • Rest of Europe

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • Thailand

    • South Korea

    • Rest of APAC

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Rest of LATAM

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait

    • Rest of MEA