Pet Industry Value at Alexis Revels blog

Pet Industry Value. The pet industry grows by 11.6% every year. The pet industry is doing fantastic in 2024 so far. The global pet market is worth $246 billion. The global pet care market size was valued at usd 150.67 billion in 2021 and is expected to expand at a compound annual growth rate (cagr) of 5.1% from 2022 to 2030. 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. In 2023, there was an 16% increase in pet food sales in the usa. Per the latest survey results, annual household spending on pets is predicted to reach $1,445 per animal by 2026 and $1,733 by 2030. That translates into a 113% increase in total industry. Pet care industry size was worth usd 304.4 billion in 2023 and is projected to expand at 6.8% cagr from 2024 to 2032 due to the increasing rate of pet humanization across the globe. Pets, pet products, and pet care are all part of a $103.6 billion national industry; The rising trend of pet. 40.5% of revenue is from food and treats alone. According to michigan state university, the pet industry had an overall economic. People in the usa spent $89 billion on their pets in 2023.

Per the latest survey results, annual household spending on pets is predicted to reach $1,445 per animal by 2026 and $1,733 by 2030. 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 rising trend of pet. Pet care industry size was worth usd 304.4 billion in 2023 and is projected to expand at 6.8% cagr from 2024 to 2032 due to the increasing rate of pet humanization across the globe. In 2023, there was an 16% increase in pet food sales in the usa. That translates into a 113% increase in total industry. The global pet market is worth $246 billion. The global pet care market size was valued at usd 150.67 billion in 2021 and is expected to expand at a compound annual growth rate (cagr) of 5.1% from 2022 to 2030. The pet industry is doing fantastic in 2024 so far. People in the usa spent $89 billion on their pets in 2023.

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Pet Industry Value According to michigan state university, the pet industry had an overall economic. Pet care industry size was worth usd 304.4 billion in 2023 and is projected to expand at 6.8% cagr from 2024 to 2032 due to the increasing rate of pet humanization across the globe. In 2023, there was an 16% increase in pet food sales in the usa. According to michigan state university, the pet industry had an overall economic. The global pet care market size was valued at usd 150.67 billion in 2021 and is expected to expand at a compound annual growth rate (cagr) of 5.1% from 2022 to 2030. People in the usa spent $89 billion on their pets in 2023. The pet industry grows by 11.6% every year. 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. Per the latest survey results, annual household spending on pets is predicted to reach $1,445 per animal by 2026 and $1,733 by 2030. The global pet market is worth $246 billion. That translates into a 113% increase in total industry. The pet industry is doing fantastic in 2024 so far. The rising trend of pet. Pets, pet products, and pet care are all part of a $103.6 billion national industry; 40.5% of revenue is from food and treats alone.