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Search Result for “Declining birth rate and pet ownership”

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GENERAL

Pet industry thrives as fewer young Thais have children

Business, Kuakul Mornkum, Published on 06/05/2025

» The pet industry is expected to thrive as more Thais, particularly the younger generation, choose to raise pets instead of having children. Despite ongoing economic challenges, the sector has been barely affected.

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BUSINESS

Furry companions driving pet food industry growth

Asia focus, Published on 04/09/2017

» The world is facing a rapidly ageing population, and Thailand will not be spared from this global trend. The number of people aged over 60 years is expected to increase by 56%, from 901 million to 1.4 billion between 2015 and 2030. This ageing population is driving a growing appreciation for the benefits of pet ownership, as many consider pets valuable companions for the older generation.