Pet Supplies Industry Trends at Charles Mcavoy blog

Pet Supplies Industry Trends. 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. Product innovation in pet care. Some pet owners have begun or are considering trading down the amount they spent on pet supplies, while others are switching to more affordable brands. The pet supplies industry is dynamic and evolving, catering to a diverse range of pet. The pet care market size was valued at usd 304.4 billion in 2023 and is anticipated to grow at cagr of 6.8% between 2024 and 2032 driven by increase in animal. This report utilises euromonitor international’s new passport. This change of attitude is anticipated to impact the global market share of the pet industry this year. Global sources updated on 2024/07/18. 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. That translates into a 113% increase.

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. That translates into a 113% increase. Product innovation in pet care. The pet care market size was valued at usd 304.4 billion in 2023 and is anticipated to grow at cagr of 6.8% between 2024 and 2032 driven by increase in animal. 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. Global sources updated on 2024/07/18. Some pet owners have begun or are considering trading down the amount they spent on pet supplies, while others are switching to more affordable brands. The pet supplies industry is dynamic and evolving, catering to a diverse range of pet. This change of attitude is anticipated to impact the global market share of the pet industry this year. This report utilises euromonitor international’s new passport.

Pet Industry Trends, Growth & Statistics in 2022 and Beyond Unleashing

Pet Supplies Industry Trends The pet care market size was valued at usd 304.4 billion in 2023 and is anticipated to grow at cagr of 6.8% between 2024 and 2032 driven by increase in animal. Some pet owners have begun or are considering trading down the amount they spent on pet supplies, while others are switching to more affordable brands. Product innovation in pet care. 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. 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 pet care market size was valued at usd 304.4 billion in 2023 and is anticipated to grow at cagr of 6.8% between 2024 and 2032 driven by increase in animal. Global sources updated on 2024/07/18. This change of attitude is anticipated to impact the global market share of the pet industry this year. This report utilises euromonitor international’s new passport. The pet supplies industry is dynamic and evolving, catering to a diverse range of pet. That translates into a 113% increase.