The Limited Times

Now you can see non-English news...

Covid-19: pets, eldorado for business


DECRYPTION - The growth of this market has accelerated since the start of the pandemic. Connected objects, insurance: innovation is limitless.

The French have never pampered their dogs, cats, rabbits or hamsters so much.

The Covid has only accentuated the trend, by strengthening the place within the families of these companions, a source of comfort.

While the market for pet products (excluding drugs and veterinary care) has been rising steadily for several years, growth accelerated in 2020, approaching 7%.

Turnover now exceeds 5 billion euros, the size of the market having multiplied by 1.5 in ten years, according to a study by the association Promojardin-Prom'animal.

See also

Is your pet a good shrink?

Food, games, transport equipment, care, insurance… Nothing is too good.

Food still represents the bulk of purchases (more than 70% of the turnover of pet shops).

Since the pandemic, the annual growth of "petfood" has gained momentum, reaching 2% in supermarkets and 2.5% online, according to Euromonitor.

Over the course of a year, the French spend on average more than

This article is for subscribers only.

You have 87% left to discover.

To cultivate your freedom is to cultivate your curiosity.

Continue reading your article for € 1 the first month


Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-11-26

You may like

Life/Entertain 2021-11-28T16:30:03.650Z
News/Politics 2021-12-17T02:52:39.888Z
News/Politics 2021-12-06T17:22:57.632Z
Life/Entertain 2021-09-07T16:05:04.340Z

Trends 24h


© Communities 2019 - Privacy