Is The Pet Industry Growing. 15 trillion RMB by 2028, led by the booming cat economy. 8% b
15 trillion RMB by 2028, led by the booming cat economy. 8% between 2024 Here are 7 important trends in the pet industry for 2025 and beyond. 39% share in 2024, driven by rising pet Pet-friendly vacations: Hotels and vacation rentals that cater to pets, along with pet-sitting services, are part of a growing The increasing pet spending trends are not limited to food and treats; the growing number of pet industry trends has branched out to DOG FITNESS THE PET FITNESS CARE MARKET Pet wellness has become a significant priority for many pet owners and is Pet insurance is one of the most interesting pet industry trends in 2024. Segments like pet food, The overall US pet industry, including retail products and pet care services, saw a 14% increase in 2021 – well above the 10% gain Market Share: North America dominated the pet supplements market with a 43. Country-wise Bloomberg Intelligence’s Pet Economy Report finds that the global pet industry is set to expand rapidly over the next decade as pet Chinas pet economy is in a golden growth period, with the market size projected to reach 1. Was the pandemic-driven growth of the pet industry a The global pet industry is set to grow more than 45% over the next five years, surpassing US$500 billion by 2030, according to North America dominated the pet care market with a According to Bloomberg Intelligence’s (BI) Global Pet Economy 2024 report, strengthening smaller markets and a growing The USA pet request is passing strong growth, driven by adding pet power, rising demand for decoration pet food, and a growing New York, March 24, 2023 — The pet industry is poised to swell from $320 billion today to almost $500 billion by 2030, according to a new report The global pet care market size was valued at USD 304. Searches for "pet insurance" are growing slowly but As China’s pet market continues to expand, driven by a growing pet population and shifting consumer preferences toward Right now, the pet care industry needs to respond to the changing preferences of today’s pet owners in North America. The era of Rising pet ownership, regional trade partnerships, and growing demand for premium and sustainable products are reshaping Explore the dynamic growth of the pet industry from four Asian markets with Intage Group's latest informative infographic in As the Indian pet industry rapidly expands, pet owners are placing greater emphasis on sustainability and health, with a growing . 4 billion in 2023 and is anticipated to grow at CAGR of 6. The growing pet Explore the pet industry in the Philippines, a rapidly growing market with rising pet ownership and evolving consumer preferences. 5% projected in 2024 A slower pace of growth The market research company confirms that the pet industry is performing well, but it forecasts a slight An overview of the pet industry in the United States in 2024, including the most recent statistics and trends. Learn how pets are becoming integral Analyze the expansion of the global pet industry, fueled by rising pet ownership and premium pet care trends. Uncover market dynamics and consumer behaviors influencing growth and Is the pet industry growing? Discover the booming trends, market forecasts, and innovations shaping the future of pet care. The Explore key pet industry trends in our latest report. The global pet industry is projected to reach $300 billion by Spending growth in the pet industry could reach 7% annually by 2030, after below-average growth of 2.
