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People are increasingly willing to spend money on their pets, investing in services to improve their quality of life. This market is growing and shows no signs of slowing down. Over this past quarter of the century, this industry has not yet had a year of negative growth. This has led to a skyrocketing in financing, but there are still many opportunities in the area. I’ll leave you with a few ideas here:

Food: Demand for fresh pet meals has increased considerably, with this market estimated to reach over $1.1 billion by 2026. Raw pet food with fresh ingredients is a high growth niche, and there are still options to explore. A subscription to this type of product, specially formulated for pets, may be a good bet, as well as differentiated treats.

Technology: The market for tech items for pets is estimated to tint at $1.7 billion over the next three years. Things from smart collars and leashes, to user-friendly apps, are seeing a growing demand. In addition to creating products for dogs and cats, developing this kind of technology for exotic animals is also an interesting option.

Dog daycare: the search for dog daycare on Google skyrocketed in May, and is estimated to increase further as owners return to the office post-pandemic. In addition to daycare centers, a good bet might be pet walking services.

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