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

 

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Matthias Hofer

Managing Partner
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Jürg Baggenstoss

Partner
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Katja Glauser

Engagement
Manager
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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
LinkedIn

Jürg Baggenstoss

Partner
LinkedIn

Katja Glauser

Engagement
Manager
LinkedIn

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