As per a recent market analysis by Future Market Insights (FMI), the pet market (purchasing of pets) is set to reach a valuation of US$ 16,607.2 Mn in 2022. Sales are projected to increase at 7.5 % CAGR during the forecast period (2022-2032), driving total market valuation to US$ 34,140.7 Mn by 2032.
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