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US Pet industry grew 5.4% in 2009

The US pet products industry registered a 5.4% growth in 2009, according to a survey by the American Pet Products Association (APPA). The assessment shows that pet owners spent $45.5 billion last year, compared to $43.2 billion in 2008, and that the sector leading the trend was health care, with an 8.5% increase in veterinary spending. The APPA credits the increase to the medical advances, which led to a greater range of products and services available.


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