Pet Care: Australia Has More Pets Than People | The Decade Ahead

There are now more pets than people in Australia, and we’re spending more on them than ever before. From premium pet food and insurance to longevity drugs and daycare, the pet economy is becoming one of the fastest-growing consumer sectors in the world. In this episode of The Decade Ahead, Bryce and Ren unpack the trends driving the boom, the companies positioned to benefit, and whether this is a theme investors should be watching over the next decade.

00:00 Why the Pet Economy Is Booming
03:50 Australia’s Pet Population & Spending Habits
07:18 Why Younger Generations Are Choosing Pets Over Kids
11:56 Where the Money Is Going in Pet Care
16:44 Australia’s Biggest Pet Businesses
21:51 The Trends Driving the Next Decade of Pet Care
24:35 Risks Investors Should Consider
25:57 How to Invest in the Pet Care Theme

Stocks & ETFs Mentioned: Ebos Group (ASX: EBO), Nestlé (SIX: NESN), Colgate-Palmolive (NYSE: CL), Freshpet (NASDAQ: FRPT), Zoetis (NYSE: ZTS), IDEXX Laboratories (NASDAQ: IDXX), Chewy (NYSE: CHWY), ProShares Pet Care ETF (BATS: PAWZ), Mastercard (NYSE: MA)

This episode of Equity Mates – The Decade Ahead is brought to you by ANZ Business Start Right.

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This podcast is intended for education and entertainment purposes only.

Any advice is general advice and has not taken into account your personal financial circumstances. Before acting on general advice, you should consider if it is relevant to your needs. If unsure, speak to a financial professional.

The host of this podcast and their guests may have positions in the companies mentioned. Equity Mates Media is part of the Betashares Group but maintains editorial independence and operates under Australian Financial Services licence 540697.

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