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NEW YORK, April 1, 2021 /PRNewswire/
Technavio has been monitoring the small mammal and reptile food market and it is poised to grow by $ 986.40 million during 2021-2025, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled
Small Mammal and Reptile Food Market by Animal Type, Distribution Channel, and Geography - Forecast and Analysis 2021-2025
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high impact on the small mammal and reptile food market.
Outlook on the Bread Maker Global Market to 2027 - Opportunity Analysis and Industry Forecasts prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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The global market for Pet Accessories is projected to reach US$41.1 billion by 2025, driven by the emerging pet loving culture worldwide made hugely popular by media coverage of celebrities and their furry friends. Pet population comprising dogs, cats, birds and other animals is on the rise.
Some factors responsible for the rising pet population include an aging population and empty nesters who adopt pets to fill the void; an increase in households with multiple pets; higher incomes; and growing number of single person households and unmarried or childless households. A growing number of households with children are also adopting pets with research studies revealing pets to have a positive impact on children such as preventing depression and loneliness; develop motor skills by feeding and grooming dogs; encourages outdoor activity such as regular walks with dogs; promotes emotional development by encouragin
Pet Humanization – A Pivotal Growth Driver for the Global Pet Accessories Market – ResearchAndMarkets com financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Pet Humanization - A Pivotal Growth Driver for the Global Pet Accessories Market - ResearchAndMarkets.com
March 8, 2021 GMT
The global market for Pet Accessories is projected to reach US$41.1 billion by 2025, driven by the emerging pet loving culture worldwide made hugely popular by media coverage of celebrities and their furry friends. Pet population comprising dogs, cats, birds and other animals is on the rise.
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Some factors responsible for the rising pet population include an aging population and empty nesters who adopt pets to fill the void; an increase in households with multiple pets; higher incomes; and growing number of single person households and unmarried or childless households. A growing number of households with children are also adopting pets with research studies revealing pets to have a positive impact on children such as preventing depression and lonelines