MarketLine Blog

Posts about Pet Care

Vegan Pet Food: Movement has the right environmental ideas, but might be bad for animal health

MarketLine

There are big trends in motion in the global pet food market. Customers looking for foods that are healthier for their pets, less damaging to the environment or more premium have been purchasing increasing amounts of products such as raw and vegan pet food stuffs. The issue however is complicated. Much of the science on what foods are truly safe to feed your pets is ambiguous and new trends like vegan pet food are largely unproven in their long-term effects. A considerable problem for both the industry and society at… Read more

Pet business of the future: A whole different breed

MarketLine

The pet industry in the US is booming, approaching $60bn in revenue. Growth in the market is derived both from increasing pet ownership as well as from increased spending per pet. If people have been willing to buy something for themselves, they are likely to now buy it for pets. There are plenty of opportunities across various segments of the industry, especially in the pet-related services segment which is growing at nearly twice the rate of the overall pet market. People increasingly view their pets as part of the family… Read more