Navigation Links
North America Primed for Pet Insurance Market Expansion and Expecting $1.1 Billion by 2012

NEW YORK, April 10 /PRNewswire/ -- A new report from Packaged Facts, Pet Insurance in North America, expects North Americans will take an increasingly strong interest in pet insurance during the next five years, placing sales as high as $1.1 billion in 2012. This forecast is consistent with soaring revenues in the overall pet market due to affluent households and their willingness to spend more on the health and wellness of their beloved furry family members. A conservative estimate indicates revenues of pet insurance were at $248 million in 2007, up 21% from $205 million in 2006.

North America is primed for expansion in the pet insurance market. For the first time insurance plans are being sold under nationally known pet care brands, including PurinaCare and the American Kennel Club. Helping to drive further interest and awareness, companies are targeting consumers through new distribution channels, such as, direct-to-consumer, veterinarian offices, pet care service providers, supermarkets and insurance agencies.

"Many new companies have entered the market over the past three years and it's a sure bet that more well-funded companies will jump on-board in the coming year. Each company has its own version of pet insurance products, ranging from highly customizable plans to greatly simplified ones for a mass market," notes Tatjana Meerman, Publisher of Packaged Facts. "In the pet insurance spotlight are pet market companies and brands-including PurinaCare, AKC, ASPCA -- as well as dedicated pet insurance underwriters such as American Pet Insurance Company and SecuriCan, and following in the footsteps of providing consumer finance services, Kroger."

Pet Insurance in North America, 3rd Edition evaluates new companies entering the arena, charts historical sales and projections through 2012, takes a close-up look at established players as well as entrepreneurial upstarts and notes the consumer trends behind the numbers. For further information on this report from Packaged Facts visit:

About Packaged Facts

Packaged Facts publishes market intelligence on a wide range of consumer industries, including consumer goods and retailing, foods and beverages, demographics, pet, and financial products. Packaged Facts also offers a full range of custom research services. For more information visit, or contact Jenn Tekin at 240-747-3015 or


Jenn Tekin


SOURCE Packaged Facts
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. North County Caregivers Join United Healthcare Workers
2. North Carolina Dental Services Chain Pays $10 Million to Resolve False Claims Allegations
3. Northwest Hospital & Medical Center Earns Distinguished Hospital Award for Patient Safety
4. Northwestern Memorial Successfully Completes Rare Four-Way Domino Paired Kidney Exchange Transplant Surgery
5. William F. Northrup, III, M.D. Joins CryoLife as Vice President of Medical Relations and Education
6. Medical Futures signs North American licensing rights to New Biologic agent for Ulcerative Colitis
7. Europes Leading Premium Appliance Brand Taps Americas Most Stylish, Multi-Tasking Mom to Launch New Appliance Line in North America
8. Gregory A. Adams Named Northern California Region President of Kaiser Foundation Health Plan and Hospitals
9. Senetek PLC Announces North American Partner for Invicorp(R) Secures Financing for Advancement of Marketing and Development Efforts
10. North American Insurance Leaders, Inc. Announces Results of the Annual Meeting of Stockholders
11. North American Insurance Leaders, Inc. Receives an Estimate of Deep South 2007 Governing EBITDA
Post Your Comments:
(Date:6/26/2016)... ... June 26, 2016 , ... Pixel Film Studios Released ProSlice Levels, ... editors can give their videos a whole new perspective by using the title ... Pixel Film Studios. , ProSlice Levels contains over 30 Different presets to choose ...
(Date:6/26/2016)... Charlotte, NC (PRWEB) , ... June 26, 2016 , ... Brent Kasmer, a legally blind ... able to be personalized through a fitness app. The fitness app plans to fix the ... solutions currently only offer a one size fits all type program , They ...
(Date:6/25/2016)... D.C. (PRWEB) , ... June 25, 2016 , ... ... discuss health policy issues and applications at AcademyHealth’s Annual Research Meeting June 26-28, ... their work on several important health care topics including advance care planning, healthcare ...
(Date:6/25/2016)... ... June 25, 2016 , ... The temporary closing of Bruton Memorial Library on June 21 due ... up a new, often overlooked aspect of head lice: the parasite’s ability to live away ... a common occurrence, but a necessary one in the event that lice have simply gotten ...
(Date:6/25/2016)... Lewisville, TX (PRWEB) , ... June 25, 2016 , ... ... in the United States, named Dr. Sesan Ogunleye, as the Medical Director of its ... be the facility Medical Director of our new Mesquite location,” said Dr. James M. ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , Belgium , June 24, ... VNRX), today announced the appointment of Dr. ... Directors as a Non-Executive Director, effective June 23, ... Audit, Compensation and Nominations and Governance Committees.  As ... Futcher will provide independent expertise and strategic counsel ...
(Date:6/23/2016)... , June 23, 2016 Research ... Devices Global Market - Forecast to 2022" report to ... the treatment method for the patients with kidney failure, it ... excess fluid from the patient,s blood and thus the treatment ... potassium and chloride in balance. Increasing number ...
(Date:6/23/2016)... , June 23, 2016  In a startling report released ... failing their residents by lacking a comprehensive, proven plan to eliminate ... a definitive ranking of how states are tackling the worst drug ... only four states – Kentucky , ... Vermont . Of the 28 failing states, three – ...
Breaking Medicine Technology: