The Future Of The Pet Care Industry, How Emerging Technologies Will Revolutionize The Pet Care Industry, The Benefits Of Leveraging Robots In The Pet Care Industry, And How To Earn Money Online So That You Can Afford To Procure Your Own Pet Care Products

Download or read book The Future Of The Pet Care Industry, How Emerging Technologies Will Revolutionize The Pet Care Industry, The Benefits Of Leveraging Robots In The Pet Care Industry, And How To Earn Money Online So That You Can Afford To Procure Your Own Pet Care Products written by Dr Harrison Sachs and published by . This book was released on 2020-09-06 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay sheds light on the future of the pet care industry and explicates how emerging technologies will revolutionize the pet care industry. Moreover, the benefits of leveraging robots in the pet care industry are demystified in this essay. Furthermore, how to earn substantial money online so that you can afford to procure your own pet care products is expounded upon in this essay. The future of the pet care industry will not only be characterized by dynamism as it continues to metaphorically evolve, but will also be eminently auspicious for pet care industry competitors and customers. Technological advancements are profoundly changing the pet care industry and are rendering it all the more technology driven. The pet care industry industry shows no signs of decelerating anytime in the imminent future. Pet care industry competitors are poised to have prosperous, lucrative, and auspicious futures as disposable incomes rise among pet owners and as the desire to own pets builds traction worldwide among prospective pet owners. Pet owners are making a more substantial investment into procuring pet care services and pet care products. "The global pet care market is expected to reach $202,600,000,000 by 2025. The global pet care market size was estimated at $131,700,000,000 in 2016 and is expected to grow at an compound annual growth rate of 4.9% from 2016 to 2025. Rise in the adoption of pets and growing demand for premium care products are few factors expected to drive market growth" ("Pet Care Market," 2018). Unsurprisingly, more customers are ushering in dogs and cats into their families. Much to the benefit of the pet care industry, the notion of adopting pets can be salubrious for pet owners. For instance, adopting "cats helps pet owners to reduce stress and anxiety as well as decrease their risk of stroke" ("Pet Care Market," 2018). Pets can help pet owners to alleviate chronic stress and mollify the adverse effects of succumbing to acute stress. "Previous studies have proven that pet owners tend to have lower blood pressure, cholesterol and triglyceride levels than people who do not own a pet. That means that having a pet can decrease the chances of suffering a heart attack later in life" (Barnard, n.d.). Pet ownership will become more desirable in the coming years, especially as the global population grows and as the longing for companionship remains unfulfilled among prospective pet owners. Pets are capable of providing even greater companionship to pet owners than humans are capable of providing. "Cats and dogs for instance make great companions and will always be waiting for you to come home. Cats and dogs will be happy to lend an ear to you should you want to moan about the" (Barnard, n.d.) stresses of the day. Pets are even able to satisfy needs that humans are unable to satisfy. The future of the pet care industry will be prosperous for pet care industry competitors, especially as pet adoption rates amplify. Even though pets are eminently expensive to take care of, pet owners are content with splurging on procuring pet care services and pet care products for their beloved pets. The global pet care market is comprised of ample market segments. "The pet food market segment was estimated to be the largest product segment due to growing demand for premium food products and natural and organic products. The boarding and grooming services market segment is anticipated to witness fastest growth over the forecast period owing to advances in technology, making boarding, grooming, and training more easily accessible for the pet owners. Advances in technology are making boarding, grooming, and training facilities more easily accessible to the owners. 69% of millennials are likely to use technology to keep track of their pets. Applications are allowing pet owners to monitor health habits, nutritional intake, and playtime. Built-in calendars alert owners to routine care provided by pet care services companies.