Article by:
Richard Kestenbaum
The pet industry is doing fantastic in 2024 so far. According to Michigan State University, the pet industry had an overall economic contribution in 2023 of $303 billion, an increase of 16% from 2022. According to The Bolen Group, weekly sales of petcare products through February 2024 are growing three times faster than any other category of fast-moving consumer goods and the largest industry trade group expects indsutry revenue growth of almost 3% in 2024. Read the full article...