EconomyRetailersRetailing

Global pet industry to grow to $500bn in revenue by 2030, BI finds

Additionally, BI’s analysis found that the global segment may grow 36% to $65.8bn (£50.90bn) through 2030 (vs. 45% for food), with the US accounting for 44%, followed by Europe at 31%

The global pet industry will expand by more than 45% over the next six years, surpassing $500bn (£386.8bn) by 2030, according to a new report from Bloomberg Intelligence (BI).

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