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Pets Franchises - Page 1
In spite of the many challenges faced by the franchise industry in , many existing franchisors continued to grow and evolve , and new companies even continued to enter the franchise arena, resulting in a record-breaking number of applicants from an ever-wider variety of industries. Understanding the Ranking. The ranking process begins with gathering the data. Submissions were vetted by our editorial team before being entered for data analysis. To be eligible to rank, a franchisor must be seeking new franchisees in the U. Each eligible franchisor was scored based on more than data points, and those with the highest cumulative scores became the Franchise Note: The Franchise is not intended to endorse, advertise, or recommend any particular franchise.
Top 100 Franchises 2021
This annual list of the best pet franchises was revised and updated on January 21, People love their pets. Animals that started out working for us centuries ago have become part of our families, to be loved, doted on, and played with. Two-thirds of households in the US own a pet , meaning that the pet industry serves the majority of the population. This love of animals is reflected in the amount that people spend on their pets.
The global pet food market is projected to register a CAGR of 5. In , North America is the largest geographical segment of the market studied and accounted for a share of around The pet food industry is one of those industries, which has been performing well, despite the economic downturn. This trend of rising obesity among pets mirrors human obesity patterns.