Study: Pet care industry is booming

Jun 26, 2007

The American Chemical Society said U.S. pet owners spent $18.5 million last year on veterinary care, medications and other non-food pet supplies.

And as people around the world devote more of their income to keeping pets healthy and comfortable, pharmaceutical companies are devoting more research to pet health.

Writing in the ACS journal Chemical & Engineering News, Associate Editor Rachel Petkewich reported the amount of money spent on pet care in the United States is expected to grow by more than 6 percent annually. And that, she said, is spurring global pharmaceutical companies best known for making human medicines to devote more research dollars for their animal health divisions.

Such research has yielded new medicines and vaccines to keep cats and dogs healthy. For example, Petkewich cited recently approved canine diet drugs, a drug for vomiting in dogs and a new medication for the barking and other undesirable behavior associated with separation anxiety.

But Petkewich noted people might also benefit from animal health research, with products originally developed for animals often being re-purposed for diseases in humans.

Copyright 2007 by United Press International

Explore further: Color and texture matter most when it comes to tomatoes

add to favorites email to friend print save as pdf

Related Stories

Recommended for you

Color and texture matter most when it comes to tomatoes

23 hours ago

A new study in the Journal of Food Science, published by the Institute of Food Technologists (IFT), evaluated consumers' choice in fresh tomato selection and revealed which characteristics make the red fruit most appealing.

How the lotus got its own administration

Oct 21, 2014

Actually the lotus is a very ordinary plant. Nevertheless, during the Qing dynasty (1644-1911) a complex bureaucratic structure was built up around this plant. The lotus was part of the Imperial Household, ...

What labels on textiles can tell us about society

Oct 21, 2014

Throughout Chinese history, dynastic states used labels on textiles to spread information on the maker, the commissioner, the owner or the date and site of production. Silks produced in state-owned manufacture ...

US company sells out of Ebola toys

Oct 17, 2014

They might look tasteless, but satisfied customers dub them cute and adorable. Ebola-themed toys have proved such a hit that one US-based company has sold out.

User comments : 0