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The pet industry comprises live animal purchases, pet food, pet supplies, pet services such as grooming and boarding, and vet care. Within the pet market itself, pet food and treats were estimated to capture the highest sales in the United States in 2020. Vet care and products followed with the second largest sales amount in the sector. Pet supplies, live animals and OTC medicine rounded off the leading cash-generating categories.
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unstoppablenet
22/03/2021 10:23
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The global pet food market size reached a value of almost USD 98.9 billion in the year 2020. The market is further expected to grow at a CAGR of 5.5% between 2021 and 2026 to reach a value of almost USD 136.4 billion by 2026.