Are you a "pet parent?" If so, you’ll easily understand a huge opportunity right now!

I'm talking about an industry that’s currently at $100+ billion and set to TRIPLE by 2030. Look no further than Fido and Fluffy! Pet-related spending jumped from $90 billion in 2018 to $123 billion in 2021 alone. There’s no end in sight to the rise in $$ that people are shelling out for their “fur babies,” thanks to a surge in new owners and greatly increased per-pet spending.

We all know that pet adoptions soared during the pandemic. But the real business opportunity is not simply due to the increased number of pets, but the shift to treating them like people—a huge trend known as Pet Humanization. Big money is being spent to keep pets healthy and pampered, as people open their wallets as well as their hearts to these cherished family members.

MULTIPLE franchise concepts are capitalizing on this increased spending. We're seeing the pet space mirror the human space. Think gourmet, human-grade pet foods, amped-up doggie daycare and posh pet hotels, mobile pet grooming, even spa (“spaw”) services! Add to that on-demand pet-sitting and dog-walking. Even dog waste clean-up services!

If you want to learn more about the industry, check out this Morgan Stanley article on the reasons pet are a “long tail” investment trend.

Schedule a call with me to discuss these franchise opportunities and more.