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Saan Carter

27 Feb 2024 • 17:11
Israel's Pet Industry Continues to Grow in 2024

Israel's pet industry is expected to see continued growth in 2024, driven by increasing pet ownership and spending.

More households are choosing to add furry friends to their families, said Ronit Hanoch, CEO of Super-Pharm's Vet division, Israel's leading pet store chain. This fuels industry expansion.

Pet tech is seen as a major area primed for growth. Pawsco, an Israeli startup producing smart collars that monitor pet health,...readmore recently secured $2 million in seed funding. Integrating tech with pet products is the way of the future, said Pawsco CEO Oded Lewinson.

Sustainability is another trend. Petach Tikva-based producer of plant-based pet foods VegePet plans to expand across Europe and the US. Ethical diets are in demand, said CEO Uri Aminov.

Meanwhile, animal welfare groups like LETA continue advocacy around issues like puppy mills and street cats. Though a developing industry is positive, responsible policies and practices are critical, said LETA President Tal Yaakobi.

With pet ownership rising globally, Israel's industry appears positioned to leverage technology, sustainability, and innovation to drive future expansion while balancing animal welfare concerns. But specific developments remain to be seen as 2024 unfolds.
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Saan Carter

22 Feb 2024 • 20:04
Surge in Pet Ownership Drives Vietnam's Pet Care Industry

With pet ownership rising rapidly across Vietnam, the country's pet care industry is seeing booming demand for products and services. A new survey from market research firm Vietdata shows that 34% of urban Vietnamese households now own either a dog or cat, up from 25% in 2020.

Companion animals are becoming more popular as incomes rise and lifestyles get busier, explained Nguyen Mai Phuong, CEO of leading pet food producer M...readmore inh Anh. We're expanding production to keep up with demand. Her company plans to open a fifth factory by the end of 2024.

Retail chains and veterinary clinics are also benefiting from the pet parenting boom. National retailer Citimart recently announced plans to double its pet care offerings and services. Dr. Tran Binh, owner of several animal clinics, noted appointments have increased 40% in the past two years. We've had to hire more vets and nurses.

Meanwhile, startups targeting niche segments of the industry are proliferating. Nguyen Tuan founded FurFriends in 2021 as an app connecting pet owners to groomers, sitters and trainers. Pet care spending is growing at 15% annually as owners spare no expense for beloved pets, he said. The app has over 5,000 service providers listed.

With rising household incomes and busier lifestyles fueling pet adoption, Vietnam's pet industry looks set for vigorous growth as companies race to meet surging demand.
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Bijal.Desai

21 Feb 2024 • 13:59

We are Manufacturer of below list of disposable hygiene products
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