09.11.2024
Increasing spend per pet
Pet spend has surged, with US pet spending rising from USD 91 bn to USD 147 bn between 2018 and 2023. Recently, the market is starting to plateau.
The growth has been driven by:
- Novel treatment options
- Growing demand for high standard of care
- Higher spending capacity thanks to insurance
- Increasing prevalence of lifestyle diseases
Contact Us
Matthias Hofer
Managing Partner
Jürg Baggenstoss
Partner
Katja Glauser
Engagement
Manager
With increasing demand for pet health solutions, businesses must understand pet parent's priorities to capture maximum value. Ready to transform and elevate pet healthcare?
#PetCare #AnimalHealth #VeterinaryCare
Contact Us
Matthias Hofer
Managing Partner
Jürg Baggenstoss
Partner
Katja Glauser
Engagement
Manager
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