All Pet Food’s Post

I found this report from Bloomberg dated March 2023 and can definitively confirm their forecast. The study revealed that the global pet industry is set for substantial growth, projected to reach nearly $500 billion by 2030, up from $320 billion. The surge is fueled by a rising global pet population and increased spending on premium pet food and services, driven by the humanization of pets. The US is expected to lead with sales reaching $200 billion, driven by elevated spending on pet healthcare and diagnostics. Investments in complex drugs and preventive-care diagnostics could contribute to a $25 billion and $30 billion market, respectively. The growth in the last year of LLMs contributed to the rise of new technologies such our LAIKA, with AI coming to innovate the diagnostic field. 🌐🐕💼 #PetIndustry #GlobalGrowth #PetCare #EcommerceTrends

Premiumization is not just a trend but a defining feature of the pet care market, mirroring the broader movement of pet humanization. Pet owners are increasingly seeking out natural and functional ingredients, reflecting a desire for transparency and quality in the products they purchase for their pets. The popularity of fresh food options and sustainable innovations is on the rise, as consumers look for ways to provide the best for their pets while also being mindful of environmental impacts. This growing demand for premium products indicates a significant opportunity for producers to cater to discerning pet owners who prioritize their pets' health and well-being, thereby driving continued growth in the premium segment of the pet food market. Source: Euromonitor International

Against the backdrop of increasing pet humanization, evolving consumer expectations, and accelerating technological innovations, it's both an exciting and daunting era for businesses and professionals in pet care. https://hubs.la/Q02Cc_vN0

Against the backdrop of increasing pet humanization, evolving consumer expectations, and accelerating technological innovations, it's both an exciting and daunting era for businesses and professionals in pet care. https://hubs.la/Q02ncH7p0

#FridayFacts 💡 In the realm of pet care, 2024 heralds a transformative era with ground breaking trends that redefine the way we nurture our canine companions. From nutrition to healthcare technology, the landscape of dog care is evolving at an unprecedented pace. A notable driver of this transformation is the surge in at-home testing, a game-changer in pet healthcare. This article delves into the significant trends and advancements in dog care for 2024 – enjoy it! #bellylabs #tobesure https://lnkd.in/dtWVArDQ

PROSPECTS OF THE PET INDUSTRY IN VIETNAM 📍 Overview of the pet industry in Vietnam: Industry scale: The pet industry in Vietnam will reach about 94 million USD by 2023 and is forecast to increase to more than 182 million USD by 2028, with an annual growth rate (CAGR) of 14.3% from 2018 to 2023. Number of pets: The number of dogs and cats in Vietnam has increased to more than 12 million by 2023 and is expected to reach about 16 million by 2027. Pet food: Dog and cat food dominates the industry, with the dry food and mid-range price segments accounting for the majority of the market share. 📍 Market share of companies and distribution channels: Company market share: Major companies in the pet food industry include Perfect Companion (Thailand), Mars (USA), and Guyomarc'h Vietnam (France). Distribution channel: Pet products are mainly distributed through pet stores (pet shops), accounting for 75%, and online channels only accounting for 4%. 🛒 Pet products and services: Popular products include food, toys, accessories, and veterinary care. Hoang Anh Company is the leader in pet care products in Vietnam with brands such as FAY, PALMA, BOOLA, and PLOTOON. 📍Pet raising trends in Vietnam: Growth in the number of pets: The trend of keeping pets continues to increase strongly, especially among young people and people getting married late. Spending on pets: Expenses on food account for 77% and accessories and care account for 23%. Rising middle class: The middle class in Vietnam is growing the fastest in Southeast Asia, contributing to the demand for pet ownership as a lifestyle. Cre: Kirin Capital This article was compiled by Admin CTO Vietnam Network. #VMR #Trend #Motherandbabyindustry #VietNam GET MORE INTERESTING INFORMATION, JOIN NOW: VIETNAM Market Report: https://lnkd.in/grs5cMpz CTO Vietnam Network: https://lnkd.in/gqzaicb5 Tech Preneur Community: https://lnkd.in/ghPPRsbd #VMR #Vietnam #Report #Pet

🚨 Attention Pet Care Companies! 🚨 At Contio.tech, we share your passion for pets ❤️, and are committed to helping your business reach its full potential. Looking to grow your audience by building a strong community around your product? Contio.tech is your trusted partner for all things content review and moderation. We keep pet care apps and websites safe, free from inappropriate content, and engaging for users—creating a positive environment that fosters loyalty and trust among pet owners. If you’re thinking of scaling or expanding globally, we’ve got you covered. With 24/7 customer support in 17+ languages and international expertise in regulations, we ensure your product is localized, compliant, and perfectly positioned for success in current or new markets. Our hybrid approach, combining cutting-edge AI tools with skilled human oversight, ensures top-notch content moderation and support at a cost-effective rate. With Contio.tech, you can build and maintain a trusted brand that resonates with pet owners worldwide. Let us help you thrive in the pet care industry—because we care about your success as much as you care about pets🐾 #PetCare #ContentModeration #CustomerSupport #PetIndustry #GlobalExpansion #Localization #AI #BPO #PetBusiness #TrustAndSafety #DigitalSafety #PetCommunity #BusinessGrowth #ContioTech

Advopet Global Product Sheet: Brands, if you are in the following categories, lets meet. Brand Mission: At Advopet, we're dedicated to advancing pet care and advocacy. Our mission is to innovate and offer products that ensure the health, safety, and happiness of pets, while also promoting sustainability and ethical practices in the pet industry. Product Categories: 1. Smart Pet Health Monitoring Devices • Product Features: Wearable technology for pets with advanced sensors to monitor vital signs, activity levels, and detect early signs of health issues. • Benefits: Enables proactive pet health management, peace of mind for pet owners, and potentially reduces costly vet visits with early detection. 2. Eco-Friendly and Ethical Pet Products • Product Features: A comprehensive range of pet toys, bedding, and grooming supplies made from sustainable, non-toxic materials. • Benefits: Supports environmental sustainability and animal welfare, offering pet owners guilt-free choices for their beloved pets. 3. Pet Welfare Mobile App • Product Features: An all-in-one mobile app providing access to vet consultations, nutritional advice, training tips, and a supportive community. Includes features for lost-and-found pets. • Benefits: Enhances the pet ownership experience with a supportive network, expert advice, and tools for pet safety and welfare. 4. Nutritional Supplements and Functional Treats • Product Features: Scientifically formulated supplements and treats targeting common health issues in pets, such as joint health, digestion, and anxiety. • Benefits: Improves pet health and wellness, backed by the latest nutritional science for targeted support. 5. Pet Safety and Rescue Solutions • Product Features: Innovative safety products like smart GPS collars, along with platforms and tools to support pet rescue operations. • Benefits: Increases pet safety, aids in the quick recovery of lost pets, and supports the broader pet rescue community. If your brand represents any of the above-listed categories, let's schedule a meeting at Global or any time. Visit www.advopet.com and click the link for "Schedule a Meeting". Wednesday is full. #SmartPetCare #PetHealthTech #InnovativePetSolutions #SustainablePet #EcoFriendlyPets #EthicalPetProducts #PetWelfareApp #DigitalPetCare #PetTechInnovation #PetNutrition #HealthyPets #FunctionalPetTreats #PetSafetyTech #LostPetFinder #RescuePetsSupport #Advopet #AdvancingPetCare #PetAdvocacy #InnovativePetProducts #PetWellness

♻️ We're looking at eco-friendly pet care! ♻️ Meg E. chats with Joel Ambrose-Brown about Beco | b corp's sustainable pet products. 🐶 Curious to learn more? watch the video below! #Beco #Interzoo #Sustainable #AnimalHealth #PetProducts #PetRetail