The Bird Bath: Last Week of December 2024
Hill’s Brings Cheer to Shelters, Bird Flu Update, and Santa’s Herd
Dive In
Stories that deserve an extra look
Pet Business pulls together to Top Pet Products of 2024. To track what the pet side of Animal Health sees as leaders, you’ll want to dive in. 👉 Read the reviews and complete list here
Why you should care
These are the products practitioners will be hearing about from client for the coming year. Stay ahead of the curve by knowing what consumers are selecting from the e-commerce and pet store shelves.
Beyond the Branch
Intriguing news from outside the veterinary industry
Honda and Nissan, Japan’s second and third-largest automakers respectively, announced plans to merge with final details agreed upon by June 2025. 👉 Check out Reuters for the full story
Why you should care
The move is spurred by the rapid growth of Chinese auto sales outside of China’s borders. The merged company will create the third-largest global auto manufacturer.
In 2000, the entire nation of China produced 2 million cars. That was less than Ford and GM. In 2023 alone, China built 30 million cars, making them the largest auto manufacturing nation in the world.
Today, the Chinese veterinary industry generates about $3 billion annually. The U.S. market is 20 times that size, but the U.S. veterinary industry is now moving from the acquisition of independent businesses into a phase of mergers and larger consolidation demanding bigger checks. Overseas capital will continue to play a part in the North American market, and if Chinese interest is peaked in veterinary opportunities, we should be prepared.
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