Pet economy China’s pet economy has been booming in recent years. ” As pet owners The global pet care market size was valued at USD 150. 2 percent over 2022, People. What are some of the reasons for the pet economy’s inelasticity, and what underlying trends drive the growth – even in a highly inflationary environment? Jan 17, 2025 · Altri numeri, però, quelli dell’Eurispes, certificano per il 2023 un mercato che, a livello mondiale, cresce del 6% all’anno. A partir del aumento de personas que tienen mascotas y que están dispuestas a invertir en ellas, hay un mercado en constante crecimiento. Titanic Pets 591. Nonostante le crisi economiche, questo comparto non conosce recessioni, anzi, registra una crescita costante, trainata da un Questi fattori concorrono direttamente allo sviluppo della “Pet Economy”, anche se il collegamento potrebbe a prima vista non essere evidente. Jan 19, 2025 · Whether you find the phrase “fur baby” repulsive or endearing, the pet industry’s grasp on Americans’ wallets isn’t letting up. We offer quality veterinary services to all our clients at affordable prices. May 24, 2024 · Premium Statistic Impact of the current economy on pet ownership in the U. 4 Dec 15, 2022 · 1 PwC: Finding opportunities in China’s fast growing pet industry, September 2020. 0 era, pets were primarily kept for practical purposes -- dogs for guarding homes, cats for catching mice, and chickens for producing eggs. 2' di lettura. 3%. 65K. By 2028, China’s share of 2 days ago · A staff member grooms a dog at a pet salon in Fengtai district, Beijing, capital of China, June 9, 2022. Aug 23, 2024 · China's "pet economy" has shown huge potential for development, with the rapid growth of related industries and a trend with an upgrading of consumption concept. Facing the emerging demand, in October 2020, Mindray Animal Medical was officially established as a wholly-owned subsidiary of Mindray Group, hoping to become the backbone in guarding animal health. Links Home Merch Economy Socials X Discord. Nov 22, 2024 · A bigger pet population and continued humanization could push this up to over $500 billion (€463B) by 2030. market by the end of the Apr 10, 2024 · The pet industry is doing fantastic in 2024 so far. In 2022, it reached a revenue of around RMB 493. Jan 22, 2025 · Cos’è la pet economy? La pet economy è un settore in rapida espansione, che ruota intorno al mondo degli animali domestici, ma non si limita ai soli prodotti, base come ad esempio il cibo e gli accessori (giochi, collari, guinzagli, pettini e così via). total sales in-store vs online ; A new finding in pet health and wellness trends due to the impact of inflation; Discover the marketplace views and data that can help pet care brands understand the latest consumer purchase trends in our new Q2 2022 Pet Trends Report. Freshpet, 2. 9 billion USD), a year-on-year increase of 20. 1% from 2022 to 2030. Gone, too, is the rapid Apr 7, 2025 · Choosing a winner in the pet economy is no walk in the park. Markets Regional Analysis October 9, 2024. Principales industrias que componen la Pet Economy . households owning at least one as a pet. MAGAZINE SUBSCRIPTION. Jan 22, 2020 · Some pet owners in big cities ask local friends or paid pet sitters for temporary care, while others turn to pet hotels. Jan 7, 2025 · The 20 Pet Industry Statistics. Gli investimenti in diagnostica avanzata, chirurgia e terapie personalizzate stanno crescendo, rendendo la medicina veterinaria sempre più sofisticata. Scopriamo insieme le dinamiche e le potenzialità di questo affascinante ambito d’investimento. 7 Jefferies Thematic Research Gen Z: Global Purchasing Power and Influence, August 2022. Overview. Apr 7, 2021 · In the AlphaWise survey, 65% of 18- to 34-year-olds plan to acquire or add a pet in the next five years, helping drive what's expected to be a 14% increase in pet ownership by 2030. According to iiMedia Research, China’s pet industry has grown rapidly in recent years, with the pet economy valued at 490 billion yuan (2. Questi fattori concorrono direttamente allo sviluppo della “Pet Economy”, anche se il collegamento potrebbe a prima vista non essere evidente. Smucker has set the stage for the global pet industry to expand more than 45% to exceed $500 billion by 2030. Oct 29, 2022 · The pet industry in New Zealand is proving to be an increasingly powerful economic force, and is likely to continue to make a positive contribution to the economy for years to come. Un giro d’affari che raggiungerà i 203 miliardi di dollari nel mondo entro il 2025. 5% consider them friends 4. With the enhancement of Chinese economic level and per capita disposable income, the pet economy in 3- and 4-tier cities begins rising. With the consumption upgrade and the number of Chinese families with pets rising, pet owners are spending increasing amounts of money on their animal companions, contributing to the burgeoning pet economy. Zoetis Feb 1, 2023 · News & Newsletters; Pet Food News; Pet sector contributed US$260. Apr 5, 2024 · The pet adoption phenomenon has gained significant traction in Asia over the past years, especially since the beginning of Covid-19. ปี 2567 ถือเป็นปีที่ Pet Economy หรือเศรษฐกิจสัตว์เลี้ยงในประเทศไทยเติบโตอย่างต่อเนื่อง โดยมีปัจจัยหลักมาจากการที่คนไทยมองสัตว์เลี้ยงเสมือนสมาชิก A huge increase in pet ownership is strengthening the pet economy like never be-fur. Huge Pets 3. Shiny Pets 1 Jan 19, 2023 · This is the typical day of a young family in Beijing with a cat, using technology to improve the lives of their fur babies. Dec 31, 2022 · Through a pandemic and wars, supply chain issues and inflation, labor challenges and consumer-level uncertainty, the pet space — especially pet food — has continued to grow. Sep 26, 2023 · The entire pet economy is valued at about US$130 billion to US$140 billion, divided into four main categories: nutrition, products and supplies, healthcare, and services, according to Baird. According to Douyin, one of China’s leading short-video Apr 1, 2024 · In the US there were 89. Mar 21, 2025 · The region is expanding its pet economy, with growth in categories such as cat litter, pet beds and clothing. 9%, with an increase in transaction volume of 37. 5 million—now own a pet. 08 Billion, According to the Global Pet Insurance Report of 2023. 67% of households nationwide keep pets. 5 billion to US in 2021. Aug 2, 2022 · News Trends in China’s Pet Economy Pet Economy Grows Faster than “Human Economy” In Chinese cities, the entire urban dog and cat market size reached 249 billion CNY (~36. 0 era, where pets have achieved an elevated status, accompanied by a niche market serving diversified, pet-oriented consumption needs. The company attributes this rise to the development of more novel therapeutics, as well as innovations in the areas of pain management, oncology and cardiology as companies bring findings from human health to pet health. Negli ultimi anni, il mercato globale della cura degli animali domestici ha superato i 200 miliardi di dollari, con una crescita prevista del 6-7% annuo fino al 2032. Questo numero supera quello realizzato dall’industria aerea in un anno seppur molto disastrato per l’aviazione come quello scorso. Lo trovi in vendita sulle principali vetrine di fondi online , per esempio Onlinesim , che ti chiede 10 euro per la sottoscrizione, 10 per il rimborso e l’1,75% di commissioni di gestione. Nov 2, 2021 · La Pet economy, cioè il comparto che riguarda cibo e accessori per gli animali da compagnia continua a crescere e potrebbe arrivare a valere oltre 200 miliardi di dollari nel 2025. 45 percent for food), with the U. È un ecosistema che include servizi innovativi, come assicurazioni sanitarie per animali, cliniche veterinarie all’avanguardia Jul 28, 2022 · The Impact of pet inflation trends on pricing ; Share of U. Il Pet Economy è uno tra i mercati più sviluppati nel Paese. Jul 30, 2024 · Additionally, BI expects the pet pharmaceuticals segment to expand from its current $16 billion to over $24 billion in revenue by 2030. Apr 14, 2025 · Il futuro della Pet Economy si sta orientando sempre più verso servizi personalizzati che mettono al centro il benessere e la qualità della vita degli animali domestici. La “Pet Economy” è un fenomeno economico da approfondire con il proprio consulente finanziario in quanto rappresenta un tema di investimento particolarmente interessante. Bloomberg Intelligence estimates global pet food sales will grow 36% to reach $145 billion by 2030, with the U. 7% of the global pet market. Just ahead of National Pet Day, the Mastercard Economics Institute dug into the stats on pet store and vet spending around the world, sniffing out the cities with the biggest increases in pet spending and the latest trends in how pet owners buy their treats, chew toys and scratching posts. Jan 9, 2025 · The research notes that pet industry M&A activity has been “muted” in 2024, continuing a drop-off that began in 2022. Today, there’s a venture to indulge every one of their whims. Nov 15, 2022 · Although inflation has driven up prices for pet products, demand for pet-related products and services and related revenues continue to grow. I prodotti somigliano sempre di più a quelli per i bambini e il veterinario è quasi un pediatra. That’s why food for active dogs from the Club 4 Paws Premium Active brand takes up a large portion of the dry dog food portfolio at Kormotech – 14. Circular strategies like this could contribute to significantly decreasing the environmental impact of our dependence on this polymer. Un altro trend significativo è l’espansione dei servizi veterinari specializzati. Il tasso di crescita previsto è ben superiore a quello del Prodotto Interno Lordo, e investire in questo nuovo settore economico rappresenta, a nostro avviso, uno dei modi migliori e più diretti Questi fattori concorrono direttamente allo sviluppo della “Pet Economy”, anche se il collegamento potrebbe a prima vista non essere evidente. U. It's a passion that's created a $55 billion industry. 61 billion in 2024, according to the Global Pet Insurance Report. Nel 2020, la Pet Economy americana ha generato ricavi superiori ai 100 miliardi di dollari. While for millennials – which La Pet Economy diventa sempre più simile al mercato baby care. With a staggering 323 million pet enthusiasts as of August 2023, the market is ripe for innovation and investment. Premium pet food is expected to grow even faster — by 40% — and make up nearly 60% of the U. May 7, 2019 · La pet economy è il business globale che ruota attorno agli animali domestici e alle loro esigenze: cibo, salute e lifestyle. While some markets may lag, statistics indicate that economic downturns do little damage to the industry as a whole. 0 TO 3. It further analyzes trends in components of pet expenditures, specifically pet food and pet purchase, supplies, and medicine, during the COVID-19 pandemic. Apr 29, 2022 · Mentre infatti il tema della pet economy non è nuovo nel mondo dei fondi comuni di investimento (Allianz Pet and Animal Wellbeing) e degli ETF americani (ProShares Pet Care ETF), in Europa i risparmiatori prima di oggi non avevano a disposizione un ETF per investire sulla cura degli animali domestici. 31, 2023 – New data has been revealed showing that the pet sector contributed $260. The pandemic-era pet boom that saw millions of American households welcome a new animal has come and gone. 5 billion in 2021. Jan 3, 2025 · 深度解析全球宠物经济最新趋势：2024年市场规模近3000亿美元，北美独占40%份额。探秘中国品牌出海新机遇，聚焦CEIE猫博会重磅活动，携手TEMU、TikTok等平台共创宠物品牌国际化未来。 May 27, 2024 · La pet economy è uno di quei megatrend in crescita esponenziale, da tener d’occhio e sfruttare al meglio per le proprie strategie d’investimento. 2 percent over With the development of economy and the improvement of people's living standards, pet economy is playing an important role in meeting people's growing needs for a better life. Aug 5, 2019 · Specie per il Regno Unito, investito dalla prospettiva della hard Brexit. [TANG YANJUN/CHINA NEWS SERVICE] China's pet industry recovered strongly in 2024, with the urban consumption market for pet dogs and Jan 21, 2022 · Today, the pet economy is booming -- the number of pet owners is growing fast, and the pet industry has unlimited potential for development. pet economy, with sales projected to exceed $75 billion this year, up from $72. Feb 15, 2025 · FROM PET ECONOMY 1. 8 Ibid. Il tasso di crescita previsto è ben superiore a quello del Prodotto Interno Lordo, e investire in questo nuovo settore economico rappresenta, a nostro avviso, uno dei modi migliori e più diretti La pet economy: un settore in forte espansione. Since 2015, the pet economy has evolved into the Jul 21, 2024 · China’s pet economy is expected to reach 811. Apr 18, 2024 · Mercati in crescita La pet economy legata ai 65 milioni di animali nelle case italiane. According to a recent report by QuestMobile, the pet industry has attracted investments exceeding 1. Animal companions bridge the gap between the need for belongingness and companionship across all age groups. Both the government and shopping malls have embraced the trend by implementing pet-friendly policies and facilities, while pet-related stores have expanded their presence in the market. 0. Over the past year, SHOPLINE merchants specialising in pet products grew 27. According to Euromonitor, the industry witnessed positive growth in both volume and value in 2023, with premiumisation and pet humanisation further fuelling the pet May 26, 2022 · Pet Economy: un mercato atteso in decisa crescita. 2 Ibid. Il mercato italiano degli animali da compagnia dimostra resistenza, con una spesa di oltre 3 miliardi di euro nel 2023, trainata principalmente dagli alimenti per gatti e cani. I costi di mantenimento di un animale domestico tra alimentazione, manutenzione, veterinario Dec 27, 2024 · Pet economy e benessere animale trend del 2025 . Proprio come per il mercato del baby care il destinatario del prodotto non parla, e chi compra non è colui che utilizza i prodotti e fruisce dei servizi. Quanto vale il mercato del Pet Economy in Italia? Secondo un’analisi pubblicata da Nielsen, il mercato Pet Economy in Italia vale ben 3,5 miliardi di Feb 23, 2025 · By the 2000s, pet economy 2. The pet industry has a history of more than 100 years . 61 billion) in 2022. economy. Un occhio quindi al mercato e uno alla sostenibilità a giudicare dalle promesse di Rize che ad un costo di 0,45% Jul 9, 2019 · Retailers, manufacturers, entrepreneurs and inventors are clamoring to win a leadership position in the U. This tells just one story about China's burgeoning pet industry. 7% from 2025 to 2034, driven by increased spending on pet care and the adoption of smart technologies. 18K. Il pet care fa proseliti nelle nuove generazioni. INTRODUCTION . 22 maggio 2019. She explained that with fast economic growth and more balanced regional development in recent years, people now have more disposable income to spend on their pets. According to Michigan State University, the pet industry had an overall economic contribution in 2023 of $303 billion, an increase of 16% from 2022. Jan 22, 2025 · Para concluir, la pet economy es la respuesta a las necesidades de la creciente tendencia pet friendly y su auge, también es prueba del interés que manifiestan las nuevas generaciones por la vida animal, un factor que refleja cambios en los valores, más empatía y mayor sensibilidad hacia los derechos de los seres vivos. Mar 10, 2023 · Pet parents are doing more sports, and this is also reflected in the activity of their pets. 1 million U. Jan 19, 2023 · This is the typical day of a young family in Beijing with a cat, using technology to improve the lives of their fur babies. ; People in the USA spent $89 billion on their pets in 2023. Jan 17, 2025 · Le migliori azioni pet economy da comprare per gli esperti sono: 1. Food growth Jan 30, 2024 · These numbers underline the thriving “Pet Economy”, where the bond between humans and animals has brought market opportunities. Mar 24, 2023 · The pet economy is expected to grow more than 50% in coming years, powered by spending on sophisticated drugs and treatments — and more than a little pampering. Una tematica che si rifà ai trend demografici. Investire nella Pet Economy: Conviene veramente? La domanda che sorge spontanea è: investire nella Pet Economy è davvero conveniente? La risposta, come spesso accade in finanza, non è un semplice sì o no. IDEXX Laboratories, 4. Tra i settori più promettenti per il prossimo semestre, spicca la pet economy. Nov 29, 2021 · Pet Economy: le dimensioni del mercato. According to a report on pet industry recently released by a Chinese e-commerce platform, by 2025, the scale of China's pet economy is expected to exceed 800 billion yuan, which will attract more investments, reported China Securities Journal on Monday. 15m pets in 2019. Americans are responsible for 44. economy and accounted for a net contribution to the annual gross domestic product (GDP) of $174. 2% of the size of the US human population that year (American Pet Products Association, 2017). Apr 17, 2025 · A man carries a pet cat by Huangpu River in Shanghai on April 5. Mar 18, 2024 · 반려동물을 위한 시장이 급성장했다. 6 Ibid. A difficult post-pandemic economy has made companies more careful about acquiring new brands, and a strongly antitrust Biden administration has not been friendly to the growth of megacorporations, including in the pet space. Economy Coral Gables, Fla. Mar 14, 2025 · Technological Advancements: The European pet tech market is projected to grow at a CAGR of 20. Investor Day Presentation 2017 年；Grand View Research 2018年3月；Statista / Zooplus 2018年。2. The growth may not be equally distributed, as economic challenges have made some pet owners cautious about spending. 2017-2018 APPA National Pet Owners Survey Debut; IDEXX Laboratories Inc. Jan 6, 2025 · 2025년, '펫팸족' 천만 시대! 펫코노미 트렌드 총정리반려동물을 가족처럼 여기는 '펫팸족(Pet+Family)'이 1,000만 명을 넘어서며, 펫코노미(Pet+Economy) 시장이 폭발적으로 성장하고 있습니다. Asia’s pet economy Evolution of pet adoption In the past decade, increasing loneliness levels across the population and lower birth rates have given rise to a surge in pet demand. 59 billion in 2015. Song Ding, a researcher at China (Shenzhen) Development Institute, told Lianhe Zaobao that pets make good companions — with China’s rapidly ageing society and youths increasingly delaying or forgoing marriage, the rise of the “silver economy” and “singles economy” has driven the rapid development of the pet economy in recent years. org. 3 billion yuan ($39. Jan 27, 2023 · "The growth of the pet economy reflects the rising of living standards," said Diao Li, a professor from the Economics and Management School at Wuhan University. Ricordiamo al lettore che investire in un Apr 29, 2019 · La pet economy - l’economia legata alla cura degli animali domestici - è ormai una realtà che inizia ad interessare sempre un maggior numero di investitori. Dec 27, 2023 · Nel mondo, il giro d’affari della pet economy arriva a 220 miliardi di euro: il 55% finisce in prodotti per l’alimentazione (il pet food), il restante 45% va al pet care, ovvero le spese per le cure veterinarie, i farmaci, le assicurazioni, l’istruzione, l’igiene e la bellezza, l’abbigliamento, le attrezzature e gli accessori, le 2 days ago · China's pet consumption market has shown great vitality as the size of the urban pets (dogs and cats) market reached 279. Oct 9, 2024 · Pet Economy Set to Surpass $500 Billion by 2030. E. 2% year-on-year. 6 billion yuan in 2022, a year-on-year increase of 25. 4 billion yuan by 2025. Apr 11, 2024 · ในวันสัตว์เลี้ยงโลก เราอยากจะมาชวนให้เห็นว่าตลาดสัตว์เลี้ยงในไทยใหญ่แค่ไหน ในปีนี้คาดการณ์ว่ามูลค่าตลาดสัตว์เลี้ยงในไทยจะมีมูลค่า 74,800 Jul 21, 2024 · Tracking the 'Pet Economy' Trend. Peristiwa pandemi tersebut membuat masyarakat mulai mengembangkan hobi baru, salah satunya adalah mengadopsi hewan peliharaan. 64 billion directly and indirectly to the U. Around four years ago, Three Squirrels, a prominent Chinese snack brand, launched a subsidiary focused exclusively on dog food. As China’s urban pet market surges, the “pet economy” is skyrocketing! 🚀. Since the beginning of 2024, the newly registered enterprises related to the pet industry reached 945,000 in China, the Economic Information Daily reported. 6 billion yuan (US$68. Jul 6, 2022 · According to iiMedia Research, the scale of China's pet economic industry will reach 493. Americans spent $186 billion on their pets in 2023, according to the Bureau of Economic Analysis, with most of that money going toward food and care for America’s most popular pet by a long shot: the dog. 반려동물의 삶의 질 향상을 위한 지출액이 늘면서 펫코노미(Pet-Economy) 성장세가 이어지고 있습니다. Aug 19, 2024 · The Pet Insurance Industry Has Reached $4. 이번 칼럼은 P. May 20, 2024 · Parallelamente, il settore della "pet economy" si espande con l'apertura di nuovi punti di vendita e l'ampliamento delle gamme di prodotti disponibili. 金融時報，「Petcare market booms as lockdown loneliness drives sales」，J. In China, alongside the rapid social and economic development and urbanization process, pet ownership increased 113% between 2014 and 2019 (Global Animal Health Association, 2020). Our services include physical examinations, preventive vaccinations, medical and wellness exams, surgeries, and dental care for both dogs and cats. China is embracing the era of pet economy 3. Cani, gatti, pesci, uccelli, rettili e piccoli mammiferi hanno superato da anni la popolazione italiana. 46 billion by 2029 from USD 4. Conclusion In conclusion, it is clear that the pet industry is playing an increasingly significant role in the New Zealand economy, with a wealth of beneficial Jul 4, 2024 · The soaring online pet economy. Ma questo non ha impedito ai giornali economici più autorevoli, ovvero “The Economist” e “Financial Times” di dedicare due lunghi reportage ad un tema leggero: la pet economy, ovvero la filiera di prodotti e servizi dedicati agli animali domestici. Global consumer-focused investment firm L Catterton announced that it made a strategic investment in Japanese vet services group Withmal on Sept 11, 2023. Gone, too, is the rapid Mar 22, 2023 · The pet industry is one of the most massive sectors of the American economy, with many more years of growth potential. 5 Ibid. Sep 4, 2023 · According to the American Pet Products Association (APPA), total pet industry expenditures reached $60. Il business degli animali domestici, la cosiddetta Pet Economy, è in forte espansione e si prospetta come uno dei settori più floridi dei prossimi anni. 5 billion in 2018 and a doubling of 2005’s $36 billion, according to the American Pet Products Association. This is an increase of 16% from $260. This trend also shows that the pet economy has had a Apr 21, 2023 · The report forecasts that the US will remain the largest pet market, with sales representing $200 billion (€182B) by 2030 and 40% of the global sales in the segment. S. Pet animals have long been a popular alternative for improving people’s mental comfort and wellbeing. households, or about 87 million families, own a pet, accounting for 65 million dogs and 46. 1 percent between 2010 and 2016, and the size of the pet market reached 122 billion RMB in the year 2016 alone. in 2022 Premium Statistic Pet owners switching brands due to price increases 2024 Nov 11, 2024 · NEW YORK, November 11, 2024 (Newswire. Mar 20, 2023. 2025년에는 어떤 반려동물 트렌드가 주목받을까요? KTN(코리아 트렌드 나우)이 2025년 펫코노미 트렌드를 심층 분석 Jan 31, 2023 · New Data Validates the Power of Pets to the U. 67 billion […] Apr 7, 2025 · Choosing a winner in the pet economy is no walk in the park. Jan 5, 2024 · China's pet consumption market has shown great vitality as the size of the urban pets (dogs and cats) market reached 279. The research significance of this paper is to understand the development status of China's pet economy, study the actual impact of the epidemic on pet economy, explore new formats and models, and Sep 29, 2023 · Sixty-six percent of U. 2 billion (€9. T 키워드를 중심으로 P(Pet Economy Growth) 펫코노미의 성장, E(Enhancing Pets' Lives) 반려동물을 위한 혁신적인 서비스의 등장, T(Together as Family) 또 하나의 가족을 중심으로 살펴보고자 한다. China's booming pet market Apr 26, 2022 · Questo fa della pet economy, ovvero l’economia legata agli agli animali domestici, un settore da monitorare anche in ottica d’investimento. 7 million pet dogs in 2017, 27. And due to the continuous growth of people’s demand for pets, the pet economy has developed into a new economic form. A pet’s life is not what it used to be. Favor Pets is a prime example Feb 24, 2025 · Since 2015, the pet economy has evolved into the 3. 4 billion yuan (US$112 billion) by 2025, remaining prosperous despite ongoing economic headwinds. Bureau of Labor Statistics Consumer Expenditures Surveys (CE) to examine trends in pet spending from 2013 to 2021. Il boom della Pet Economy. 67 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5. ; In 2023, there was an 16% increase in pet food sales in Jul 26, 2024 · Limited new pet ownership and high elasticity during economic downturns would weigh on the supplies and equipment category. " As pet owners Come investire negli animali di compagnia utilizzando gli ETF Come posso investire in ETF sull’industria degli animali di compagnia? Cane, gatto, coniglio o pappagallo… oltre alla cura individuale dei vostri amati compagni a quattro zampe, potete anche investire in attrezzature e prodotti per la cura degli animali domestici attraverso un indice azionario. 4 EU SME Centre: The Market for Pet Food, Supplies, and Services in China, November 2021. The 2023 to 2024 edition of the Report on the Operation Status and Consumer Market Monitoring of China’s Pet Industry, released by third-party data mining and analysis agency iiMedia Research, showed that the scale of China’s pet-based economy reached 493. 6%, 8% higher than the total retail sales of consumer goods in 2021. The global pet market is worth $246 billion. BI’s analysis finds that the global segment may grow 36 percent to $65. 1. 8 billion through 2030 (vs. One can hardly deny that kittens and puppies have become the new superstars on Chinese social media. Jan 11, 2023 · Pet ownership in America has experienced unprecedented growth, with one survey showing 70% of households—or about 90. M. According to the 2019 Chinese Pet Industry White Paper Consumer Report, China’s cat and dog owners spent a staggering 202 billion RMB ($26 billion) on their 99. It compares pet expenditures to other consumer expenditure trends. com) - A new study by The Harris Poll reveals a burgeoning trend in American pet ownership, marking the rise of the “Pet Economy. 5 billion directly and indirectly to the U. Analysts found that the pet sector supports nearly 2. Let’s take a closer look at the economics of the pet industry and how much the average American spends on the family pet. Diana Rosero-Pena will share highlights about the 2025 pet economy report, which indicates the global pet care industry will expand more than 45% to exceed US$500 billion by 2030, in her Petfood Forum session. 0 emerged, which was marked by a shift towards companionship, as people began to value pets for emotional interaction. Chewy ed infine 5. Sep 3, 2024 · La Pet Economy è un terreno fertile per gli investitori alla ricerca di settori resilienti e con ottime potenzialità di guadagno. 78 million jobs across the country, with an estimated 1. It is expected nearly to double by 2025. acceptance of pet medical care, pet grooming, pet clothing and etc. Apr 9, 2024 · Vediamo cos’è la Pet Economy e quali sono le ultime tendenze. Nov 14, 2023 · The pet economy in China is booming like never before. Il dato registrato a livello globale, sempre nello stesso anno, vede il pet market globale coprire una cifra pari a 220 miliardi di euro annui, con il mercato italiano che supera i 4 miliardi. Vediamo tutto nell’analisi. Total Pets 10. The Westminster Dog Show is a classic example of America's fetish with their pets. Below are the key findings of Bloomberg’s recently launched Pet Economy Report. The US remains the biggest region in the global pet economy, with 40% of industry sales. Total Consumption in Different Cities 1-tier 2-tier 3-tier 4-tier 03 China Consumers Analysis Keep on the pulse of the pet economy. 3 Ibid. Listen on. It is projected to reach over $150 billion (€139B) in 2025 and closer to $200 billion (€185B) by 2030. The hydrolysis products obtained from PET can thereby be used for the synthesis of novel PET as well as become Oct 10, 2024 · China has experienced a booming pet economy in recent years, with domestic brands covering pet food, a variety of pet supplies and pet healthcare rapidly expanding. Mar 24, 2023 · 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. Apr 10, 2023 · Industri pet economy di Indonesia mengalami pertumbuhan karena perubahan perilaku manusia selama periode lockdown selama pandemi Covid-19. The total pet expenditures can be divided into nutrition, supplies/medicines, veterinarian care, live animal purchases, and other services. China's pet economy has been on the rise in recent years. En la última década, hemos sido testigos de cómo nuestras adorables mascotas "Las mascotas son los nuevos niños, las plantas son las nuevas mascotas", reza una frase célebre, muy popular en esta época de baja (muy baja) natalidad. 2 days ago · Pet food specifically remains central to the pet economy’s expansion. Products such as smart collars, health-tracking devices, and automated feeders are gaining popularity among tech-savvy pet owners, presenting Jul 22, 2024 · Recent strength in food sales by companies including Mars and J. (Market Data Forecast) The pet insurance industry is forecasted to grow to USD 8. The outbreak and spread of the epidemic in 2020 has greatly affected the industry chain and supply chain of the pet industry. cn reported on Thursday. May 16, 2019 · Plastics have become an important environmental concern due to their durability and resistance to degradation. Apr 25, 2024 · SHOPLINE identified four key business models that show strong growth potential, including the pet economy, which saw rapid growth in recent months and will likely reach $2. Pet Statistics. 2 percent, while its market size is expected to reach 811. The market size is expected to reach 814. Feb 13, 2025 · News & Newsletters; Petfood Forum News; Population growth and pet humanization transforming industry. 🏢 On March 1st, the 12th Beijing International Pet Products Expo lit up the China International Exhibition Center (Shunyi Hall), showcasing everything from gourmet pet food 🍖 and trendy outfits 🧥 to health supplements 💊 and high-tech toys 🤖. Feb 17, 2022 · Però, se vuoi puntare sullo sviluppo della pet economy, senza troppe complicazioni e troppe spese, questo prodotto può fare al caso tuo. Wet pet food, particularly for cats, is becoming increasingly popular due to its affordability and suitability for small living spaces. 2 billion yuan in 2023 alone. Look for RAP value exists data and more on all items in the game! Apr 10, 2024 · The pet industry is doing fantastic in 2024 so far. 9 GlobalPETS: China pet industry trends in 6 days ago · Statistics from China's National Bureau of Statistics indicate that the compound annual growth rate of China's pet industry was 49. 6 billion yuan in 2022, an increase of 25. Evans，截至2020年10月18日。 Jun 9, 2023 · According to research firm iiMedia Research, the industry scale of China's pet economy hit 493. Sea cierto o no, esto señala la explosión de un nuevo tipo de economía: la PET ECONOMY. Il tasso di crescita previsto è ben superiore a quello del Prodotto Interno Lordo, e investire in questo nuovo settore economico rappresenta, a nostro avviso, uno dei modi migliori e più diretti . 資料來源：1. US and Europe snapshot. The Beijing (Pinggu) Pet Economy Industrial Park officially breaks ground in Beijing on March 20, 2025. La creazione di un ETF, lanciato dalla società d’investimento ProShare e composto da 20 titoli collegati a questo settore, è un dato che sottolinea come il mercato di riferimento sia in netta espansione, con prospettive che With China’s tremendous economic development, the population aging trend has intensified, and the inventory of households without children has skyrocketed. 15 million pets. 반려동물 개체 수와 더불어 양육인구, 펫 관련 지출액 증가가 맞물려 펫코노미는 중장기적으로 성장 모멘텀을 가질 것으로 전망됩니다. 7t (US$350b) by 2027. 04 billion in 2014. Di seguito maggiori informazioni su qual è il valore del mercato Pet Economy in Italia. accounting for $68 billion of that. 5%. Welcome to Economy Pet Clinic in Stafford. That’s up from $58. Mar 10, 2025 · Fresh pet food kitchens offering in-house prepared meals with door-to-door delivery, legal services specifically tailored for pet owners, and even "wellness-focused" dog food formulas The pet economy. 9B) in operating income by 2035. Data shows the $100 billion pet industry is now New data through 2024 demonstrates that the U. Quanto spendiamo per gli animali Aumenta la spesa degli italiani per cani e gatti soprattutto per il cibo e le cure veterinarie, ma non solo Jan 1, 2022 · Pet economy, modern technology, d evelopment trend. Thus, the pet care market is growing as well. Bloomberg Intelligence Podcast. 5 million cats, according to the American Pet Products Association (APPA) 2023 5 days ago · Since 2015, the pet economy has evolved into the 3. [Photo provided to China. 09 million people working directly in pet related businesses and another 1. Una strategia tematica sulla pet economy consente di investire in un business che sta diventando un fenomeno sociale mantenendo interessanti May 22, 2019 · «Pet economy»: tendenze e impatto del settore degli animali domestici. Dec 3, 2024 · Con un mercato che spazia da cibo e accessori a servizi come toelettatura e veterinaria, l’ETF pet economy rappresenta una scelta strategica per chi desidera diversificare il proprio portafoglio e scommettere su un settore in forte sviluppo. May 16, 2019 · The combination of both biodegradation and biosynthesis would enable a completely circular bio-PET economy beyond the conventional recycling processes. Mar 26, 2022 · The pet industry is a very promising market that has risen in recent years. [Photo/Xinhua] TIANJIN -- Li Guanglin treats his pet dog, a Golden Retriever, to high-end food, snacks and toys, and takes it to a pet beauty shop for bathing and grooming, giving it the same care and attention he would lavish on a child. 68 million jobs linked indirectly to consumer expenditures for pets. Trupanion, 3. But resilience isn’t immunity, and economic challenges (current and forecast) are playing a significant role in pet food predictions for 2023. The most commonly found pet in the United States, according to the 2023-2024 APPA National Pet Owners Survey, was the dog with 65. Nov 22, 2024 · The US remains the biggest region in the global pet economy, with 40% of industry sales. Ecco come investire sulla Pet economy, che anche nel nostro Paese sta decollando. in developed countries and has formed an industrial . cn] Just weeks after its inauguration on February 24, the Dec 17, 2023 · Pet economy, un mercato in forte crescita. May 9, 2024 · Rapporto Assalco-Zoomark 2024: Pet economy resiste nonostante inflazione e crisi energetica. Mar 26, 2024 · The Chinese pet market represents a flourishing sector in the country’s economy. Its external influences on its development provide catalysts that should be identified. – Jan. 6 billion, and it’s expected to double by 2025. This article investigates the economic environment of the pet market in recent years, analyzes the impact of national policies, social development, and the economic environment on the electronic pet industry, focuses on the domestic and foreign development of China’s electronic pet industry, and analyzes the problems existing in the Apr 5, 2023 · Ecco cosa sapere sul mercato Pet Economy. Jan 26, 2024 · The pet economy is growing not just in Singapore — it is a regional trend as well, drawing interest from some smart money. 4 trillion baht) in 2022. However as Spring Festival approaches, they usually find the nearby pet hotels either booked out or with skyrocketing prices. It aims to reach $10. pet sector contributes $302. By 2020, China's pet economy is expected to be valued at over 200 billion RMB. Pet Sector Economic Impact Mar 20, 2024 · Pet humanisation, the trend of treating pets as family members or even children and applying human dietary and lifestyle trends to our furry companions, is rising in Asia-Pacific, especially in China, where over half of “pet parents” (55%) consider their feline and canine companions as their children, while a third views them as family members (28%) and 7. Algunos de los negocios vinculados al sector son los siguientes: Alimentación: la comida para mascotas es el producto que más se vende dentro de la Pet Jun 9, 2021 · China’s cat and dog owners spent a staggering 202bn RMB on their 99. The rising trend of pet humanization and increased consumer spending in the household and pet care categories are the major growth drivers Nov 11, 2024 · NEW YORK, NY / ACCESSWIRE / November 11, 2024 / A new study by The Harris Poll reveals a burgeoning trend in American pet ownership, marking the rise of the "Pet Economy. accounting for 44 percent, followed by Europe at 31 percent. In the 20th century, during the pet economy 1. Ad evidenziarne pregi e peculiarità è stata oggi Allianz GI, che ha organizzato un press meeting proprio per raccontare lo sviluppo dei fondi tematici a essa dedicati che ha lanciato dal 2019 sul mercato. . Out of all plastic materials, polyesters such as polyethylene terephthalate (PET) are amenable to biological degradation due to the action of microbial polyester hydrolases. What's more, pet owners—younger ones in particular—are spending incrementally more on their pets. 1 billion) in 2023, an increase of 3. A tool used to track all economy data on Pet Simulator 99. The pet economy has been boosted by a steady increase in consumer willingness. Nov 6, 2023 · This Beyond the Numbers article uses data from the U. uapzy mfkq osqwjav pxj qsdqlh lzl fonfgj xsks wwzo tjax xcr jbfco vbk uhrjicjc mjyc