Pet Care: Australia Has More Pets Than People | The Decade Ahead
About this episode
The episode discusses the booming pet economy in Australia and its implications for investors over the next decade.
There are now more pets than people in Australia, and we're spending more on them than ever before. From premium pet food & insurance to longevity drugs & 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. In this episode: 00:00 - Why the pet economy is booming 03:50 - Australia's pet population and 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 The Decade Ahead is brought to you by ANZ Business Start…
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