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#BEST FRIENDS PET CARE PROFESSIONAL#

In July 2022, Emami Ltd acquired a 30% share in a pet-care company, Cannis LuServices.Established market players are resorting to inorganic activities such as mergers and acquisitions to expand their presence and market share.

#BEST FRIENDS PET CARE PROFESSIONAL#

As these services do not require any professional degree or certificate to carry out the business, many small and medium local enterprises own a significant market share regionally.

The global pet sitting services market is highly fragmented.

Factors (Positive and Negative) impacting the growth of the global Pet Sitting Services market.

Changing preferences among consumers across variregions and countries.

Region-wise and country-wise fragmentation of the Pet Sitting Services market to grasp the revenue, and growth outlook in these areas.

Innovative manufacturing processes implemented by Pet Sitting Services vendors in detail.

Regional breakdown of the Pet Sitting Services market based on predefined taxonomy.

Key findings of the Pet Sitting Services market study: Given the lifestyle of the people, the pet sitting industry has witnessed strong demand, and the same is expected to continue in the future as well. People often feel lost and traumatized after such events and they find their next companion in a pet.

One of the factors contributing to the pet industry's growth is the U.S. In comparison to other major economies of the world, the U.S. This high number provides a huge opportunity for market players associated with the pet care industry. In the U.S., almost 70% of households own a pet, which comes to around 90 million homes. pet care industry is highly mature and generates yearly revenue of around US$ 40 billion. Continue to Enjoy the Staof the Largest Market? Further, the report elaborates the market behavior of each vendor operating in the Pet Sitting Services market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.Įach segment along with its sub-segment is analyzed in terms of value and volume. Talking about the future, the market is poised to expand at a healthy CAGR of 8.3% and reach US$ 3.6 billion by the end of 2032.įact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Pet Sitting Services market. The global pet sitting services market stands at a valuation of US$ 1.6 billion in 2022. ( MENAFN- Ameliorate Digital Consultancy)