Pets Market in US Expected to Exceed $25 Billion by 2010

On-the-go pet owners who pamper their pets like family are instrumental in the rapid growth of pet care services—everything from doggie daycare and behavior modification to the latest cancer therapeutics—a pet niche with sales expected to exceed $25 billion by 2010, according to Pet Care Services in the U.S., a new report from market research publisher Packaged Facts.

The market for veterinary, boarding, grooming, training and other services  will grow 2005’s $18.19 billion to reach $25.3 billion in 2010. Veterinary services, with nearly three-fourths of the market, is being outpaced by the increasingly popular training and grooming segments, which grew at a rate of 10.5% and 8% respectively from 2001-2005.

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