Post - pandemic pet adoption slows, but pet care remains strong. You should not rely on this feature for medical, financial, or legal advice. · our consumer and market research suggest that the pet population will continue to grow, albeit not as quickly as before the pandemic. But the overall number of pet -owning u. s. Pet population in 2023, growth will remain stagnant in the near term. Was that growth truly beneficial for the industry? Let’s take a closer look at the motivations for pet ownership to help understand why the covid-19 pandemic had such a significant impact on american pet ownership in recent years. · the rise in pet numbers driven by the covid-19 pandemic appears to have plateaued. Households has increased steadily over time. Yet a comparison of 9 countries across various parts of the world shows that people are still very much interested in having pets as companions. Creating an answer for you using ai. · discover why a generational shift and the increased importance of pets in their owners’ lives could affect growth in pet services and products in coming years. · according to the data, in 2010 about 62% of households owned a pet , this percentage grew exponentially during the pandemic and has slowed to about 63% in 2024. We estimate that, following a slight decline in the u. s. · the pet industry experienced a significant boom during the pandemic but now were seeing the aftermath. Ai-generated content may sometimes contain inaccurate, incomplete, or biased information, so make sure you do additional research. Learn about market shifts, future trends, and advice from pets at homes ceo.

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