Pet Services Market Share and Business Opportunity to 2030
Pet Services Market Growth & Trends The global pet services market size is expected to reach USD 50.07 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.21% from 2023 to 2030. The key factors driving the market include an increasing number of pet owners and spending on pets. As per FEDIAF’s 2020 report, 33% of or 88 million European households own a pet. This number is anticipated to increase owing to the declining human birth rate in key markets, increasing disposable income, and pet humanization. Pet Services Market Segmentation Grand View Research has segmented the global pet services market based on pet type, service type, delivery channel, and region: Based on the Pet Type Insights, the market is segmented into Dogs, Cats, Others (Exotics, Small mammals, Birds, etc.). The dogs segment dominated the global market in 2022 with a revenue share of about 80%. The cats segment is estimated...