What are the key takeaways from “Pet Care: Australia Has More Pets Than People | The Decade Ahead” on Equity Mates?

What is this episode about?

Pet ownership is surging, with the global market projected to double to $570 billion by 2035. Driven by the 'humanization' of pets and delayed parenthood among Millennials and Gen Z, consumers are prioritizing premium food and specialized medical care, creating a high-growth sector that is increasingly resistant to traditional retail competition.