The boom in pandemic pet adoption and the practice of treating those furry friends as well as any member of the family are driving forces behind a growing market for pet care. According to the American Pet Products Association, total pet industry expenditures are expected to increase by $6 billion in 2021, to $109 billion.
Whether it's a scheduled visit or an emergency, the need for veterinary services and wellness products is inevitable. All of these trends spell wins for a company like PetIQ (NASDAQ: PETQ) . But what will happen when the seemingly endless pandemic impact starts to fade?
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Could the Pandemic Pet Surge Make Investors in This Stock Rich?