Pet Market Size, Share, Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions 2032
The pet market (purchasing of pets) to be worth US$ 16,607.2 Mn in 2022. Sales are anticipated to grow at a 7.5% CAGR from 2022 to 2032, valuing the entire market at US$ 34,140.7 Mn by that year.
Global pet sales are being driven by an increase in pet adoption and ownership, which is being fueled by rapid urbanisation, rising disposable income, and health concerns. Currently, between 8% and 70% of all households have pets.
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