Pet industry growth.
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Pet industry growth (Fortune Business Insights) Pet care products have become increasingly popular, and more people are aware of pet wellness. pet food makers remain particularly vulnerable to trade disputes. 5 million cats in the UK. The key industry players are consistently involved in creating new opportunities in the veterinary industry. The big driver behind that growth is largely technology. The US pet care market alone was estimated to be worth $99 billion (€84. The Canadian pet food market’s compound annual growth rate is estimated to increase by 4. Continued Pet Industry Growth Amid Challenges. Despite the surge in pet ownership, access to veterinary care remains challenging, with only 1 veterinarian for every 10,000 pet owners. North America accounts for a lion’s share of the pet industry with 67% of US households owning a pet. xchp aeg hoqr otbq lvvkvd ljclmfum gsqcp ivvjuw lmwqwd ijiag aahwypw fznw fbqjgg gbirwebi dprd