Global Pet Care Experiences Positive Growth

 

The latest pet care research from Euromonitor International indicates a 3 percent global growth rate in the market, supported by strong performances in Latin America, particularly Brazil and Mexico, and Eastern Europe. Mature markets such as Western Europe and North America performed weaker, but were still positive. Overall, the pet care market is expected to grow by a compound annual growth rate of 2 percent in the next five years.

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