US Pet Market Seen Surpassing $250 Billion Over Next Decade

Americans are spending more on their pets beyond traditional preventative care, with the US pet market projected to grow from about $150 billion today to more than $250 billion in the next decade, according to Bloomberg. Bloomberg Intelligence consumer staples analyst Diana Rosero-Pena discussed the outlook for pet retail on Bloomberg This Weekend with David Gura, Christina Ruffini, and special dog correspondent Brutus.