New Market Report: Pet Care Forecast Revisit 2012: How Resilient Is the Global Market?
Times are getting tough, again. Despite renewed economic uncertainty, the global pet care market continues to grow in 2012, with retail values approaching US$94 billion. Sales should continue to grow between 2012 and 2017, thanks to the strength of pet humanisation and emerging markets. However, retail value prospects have been downgraded compared to Euromonitor's previous forecasts. This report examines the mounting socioeconomic challenges facing global pet care and how they can be overcome.
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