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Tag: pet care accessibility

  • Top pet industry companies to invest in

    Top pet industry companies to invest in [BBVA]
    Top pet industry companies to invest in [BBVA]

    The pet care industry, encompassing veterinary pharmaceuticals, diagnostics, product and service distributors, food manufacturers, and various supplies, is poised for significant growth, projected to reach a staggering $350 billion by 2027, as reported by ProShares.

    With burgeoning interest, investors are increasingly drawn to the pet care sector. Some notable investment opportunities include:

    1. ProShares Pet Care ETF: An exchange-traded fund managed by ProShare Advisors LLC, focusing on stocks within the pet care retail sectors, spanning toys, healthcare equipment, veterinary services, and more.
    2. IDEXX Laboratories, Inc.: A U.S.-based company specializing in companion animal, veterinary, livestock, and poultry products and services, with a global presence in over 175 countries.
    3. Zoetis Inc.: The world’s largest producer of medicines and vaccines for pets and livestock, operating in approximately 45 countries globally.
    4. Freshpet Inc: A Nasdaq-listed pet food company known for its refrigerated cat and dog food products, experiencing significant revenue growth.
    5. Chewy, Inc.: A leading online retailer of pet food and accessories, acquired by PetSmart for $3.35 billion, with a successful IPO in 2019.
    6. Dechra Pharmaceuticals PLC.: A UK-based company listed on the London Stock Exchange, specializing in veterinary products, including treatments for common pet ailments.
    7. Pets At Home Group Plc: A British retailer offering a wide range of pet supplies, grooming services, and veterinary care across its numerous stores and clinics.
    8. Trupanion: A Seattle-based pet insurance provider, notable for being the first to receive the AAHA Seal of Acceptance in 2008.
    9. Covetrus, Inc.: A Fortune 1,000 company offering animal care products and services, catering to wholesale and retail customers.
    10. Central Garden & Pet Company: A leading manufacturer and distributor of lawn, garden, and pet supplies, with a substantial portion of revenue stemming from pet-related products.
    11. Heska Corporation: Providing comprehensive blood diagnostic solutions and advanced imaging technologies for veterinary clinics and hospitals.
    12. Zooplus AG: An online retailer headquartered in Germany, specializing in pet food and supplies, serving customers across Europe and the UK.

    These companies represent diverse opportunities within the thriving pet care industry, offering the potential for substantial returns on investment.

  • MetLife Pet Insurance Collaborates with AAWA to Improve Accessibility to Pet Care

     

    MetLife Pet Insurance, a premier provider of pet insurance services, proudly announces its collaboration with the Association of Animal Welfare Advancement (AAWA).

    This groundbreaking partnership between MetLife Pet Insurance and AAWA is fueled by their mutual dedication to empowering pet parents to confidently care for their beloved companions throughout their lifetimes.

    Together, these industry leaders are tackling challenges surrounding veterinary care accessibility and celebrating innovative animal welfare organizations, exemplified by initiatives such as the prestigious Golden Beagle Award.

    This alliance is founded on the recognition of the vital role animal welfare organizations play in nurturing abandoned, neglected, and abused animals.

    Brian Jorgensen, Head of Pet Insurance at MetLife, expresses enthusiasm about the collaboration, emphasizing, “Animal welfare organizations are vital in providing care and solace to every abandoned, neglected, and abused animal. AAWA has been instrumental in supporting these institutions. We are honored to partner with such a revered organization to address the financial and physical hurdles pet parents may face in accessing medical care. Pets are family, and we are dedicated to ensuring they lead happy, healthy lives.”

    MetLife Pet Insurance, a leading provider of pet insurance services, has announced its collaboration with the Association of Animal Welfare Advancement (AAWA). [ FinTech News ]
    MetLife Pet Insurance, a leading provider of pet insurance services, has announced its collaboration with the Association of Animal Welfare Advancement (AAWA). [ FinTech News ]
    In addition to content creation, this collaboration will see MetLife Pet Insurance sponsoring the esteemed Golden Beagle Award. This accolade recognizes animal welfare organizations for their innovative approaches in finding loving homes for larger breed dogs, with the recipient receiving a $20,000 grant to further their impactful work.

    Jim Tedford, President and CEO of AAWA, emphasizes, “Access to care is a pressing issue for both animal welfare organizations and pet parents. We are delighted to partner with market leader MetLife Pet Insurance to identify barriers to pet care and highlight potential solutions, underscoring our joint commitment to advancing pet welfare initiatives.”

    MetLife Pet Insurance provides comprehensive coverage for pets, ensuring pet parents have peace of mind regarding their furry family members’ health and well-being. Meanwhile, the Association of Animal Welfare Advancement (AAWA) stands as a distinguished organization dedicated to championing and unifying the animal welfare profession.