Carleton McKenna's 1Q24 pet report reviews the strategic marketplace, consolidation trends, and future deal-making landscape for pet services and product businesses. Key highlights include significant market growth driven by increased pet adoption rates and a surge in consumer spending on pet care and products.

• E-commerce for pet supplies has surged, reflecting broader online shopping preferences.
• Pet owners are increasingly investing in health and wellness products, indicating a rising concern for pet health.

To learn more about Carleton McKenna’s wide range of transaction experiences, strategies for growth or exit, and current Pet industry trends, please contact us.