China’s pet industry is booming. Long gone are the days when animals mainly served a practical function; today, they have become an integral part of the family – especially for younger people who are increasingly shunning traditional family structures. As demographic and cultural trends continue to shift, China’s pet market shows huge potential for growth,…
NEWARK, Del, June 01, 2023 (GLOBE NEWSWIRE) — The demand for frozen and freeze-dried pet food market is rising as a result of evolving lifestyles around the world. Consumers’ attitudes regarding pet health are also evolving, which is driving demand for pet foods. One of the key factors for the growth in demand for specially-formulated…
Shahid Akhter, editor, ETHealthworld, spoke to Gaurav AjmeraFounder, Vetic, to know more about the emerging pet care industry that is fast growing in the pet food segment and there is an equal expansion in the veterinary clinics across India. Pet Market:IndiaThe pet market in India is at a very interesting phase, where due to multiple…
The nations of eastern and southern Asia hold some of the fastest-growing markets for pet foods. A Euromonitor International report documents how Hong Kong’s pet food market stands out from other Asia-Pacific regions, including the rest of China. The report covers the pet food markets of Hong KongTaiwan, Japan, South Korea, Singapore, Thailand, Malaysia, China,…
The National Statistics Institute of Mexico (INEGI) undertook a representative survey in 2021 to measure some key variables, such as the reported number of pets in the country. The last time INEGI performed such a survey was in 2016, and the results were limited. The latest survey revealed the absolute number of pets. According to…
New York, May 16, 2023 (GLOBE NEWSWIRE) — The Pet Sitting Market size is estimated to increase by USD 6.4 billion in 2032 from USD 2.4 Billion by 2022. The market is expected to grow at a CAGR of 10.5%according to a recent market study by Market.us. The act of temporarily caring for a pet…
Bloomberg Intelligence’s Pet Economy Report finds that the global pet industry is set to expand rapidly over the next decade as pet owners spend more and pets live longer New York, March 24, 2023 — The pet industry is poised to swell from $320 billion today to almost $500 billion by 2030, according to a…
New York, May 16, 2023 (GLOBE NEWSWIRE) — According to Market.us projection, the pet toys market could reach a value of US$ 15 billion. The market is growing, with a projected value of US$ 8 billion in 2022, and is actively leveraging its presence in both commercial and residential sectorsencompassing various settings such as homes,…
