The pet business is expected to generate $51.6 billion (EUR36.9 billion) this year, an increase of 1.3 percent from 2008, with trends in health and nutrition altering the market. Veterinary services are forecasted to grow the fastest, at an average annualized rate of 4.3 percent in the next five years - accounting for an estimated $22.3 billion (EUR16 billion) in revenue this year.
Source: www.ibisworld.com
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