Global Pet Milk Replacers Market to Reach USD 520.2 Million by 2034, Growing at a CAGR of 7.9% from 2024 to 2034 | Future Market Insights, Inc. [Yahoo! Finance]
JD.com, Inc. - American Depositary Shares (JD)
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Source: Yahoo! Finance
The pet industry's blooming post-pandemic has also fueled the demand for pet milk replacers. Developed nations such as the US and Canada are consuming a large portion of the market. The urbanized setting and modern residential system have also idealized the pet grooming culture. The advanced technology that mixes the nutrients in the right proportion is likely to thrive the trends for the market in the future. NEWARK, DE / ACCESSWIRE / December 3, 2024 / The global pet milk replacers industry is set to experience robust growth, with an estimated market value of USD 243.2 million by 2024 , and projected to reach USD 520.2 million by 2034 , reflecting a compound annual growth rate (CAGR) of over the forecast period from 2024 to 2034. This growth is driven by the rising demand for specialized nutritional solutions for young, orphaned, or nursing pets, as well as increased awareness of pet nutrition and humanization trends. The pet milk replacers market has become one of the most vita
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