Pet Care Market Size Worth $232.14 Billion By 2030
Pet Care Industry Overview The global pet care market size is expected to reach USD 232.14 billion by 2030, according to a new report by Grand View Research, Inc. The year 2020 was not very promising for most industries, but it has been a boon to the pet care industries due to repeated lockdowns and the work from home culture, which led people to take better care of their pets. This has stipulated the demand for pet services and products a significant rise in the market. Pet Care Market Segmentation Grand View Research has segmented the global pet care market based on pet type, type, and region: Based on the Pet Type Insights, the market is segmented into Dog, Cat, Fish, Bird, Others. The dogs segment accounted for about 40% of the market share in 2021. Dogs are the most popular pets, followed by cats. Dogs are known to relieve anxiety, stress, and depression, as well as loneliness, promote cardiovascular health, and encourage exercise, all of which contribute to ...