We adore our pets in Europe, from your basic cats, dogs, rabbits and goldfish to the more unusual but equally lovable tropical lizards, mammals, arachnids, and birds.
In fact, we spend almost 23.5bn across the European Union every year on taking care of our furry and feathered friends - that includes feeding, training, grooming, sitting, and veterinary care.
That is a lot of money being spent in a thriving industry sector that is bursting with business opportunities and excellent franchisors who are seeking investment.
Europe clearly loves it animals. If you are a potential business owner who loves animals and would like to share your passion with your work, then we have good news for you; there are a massive amount of superb pet franchises out there for you to invest in.
Whether you would love to train animals, groom them, or even just take them for a walk, then you are in luck and a pet franchise business could be just the right fit for you.
One of the great things about franchises is they offer investors the opportunity to join a business that has already established a reputation in the pet industry. You reap the benefit from a business that is known and sought out by pet owners consider when they look for services.
Another brilliant benefit of choosing a pet franchise is that you can receive training and ongoing support from people who have the experience and industry knowhow.
If you do not have any experience, a pet franchise could still be the right move for you and your career.
When selecting the right franchise for you to invest in, you should examine how much and what types of support the franchisors provide on an initial and ongoing basis. The most common areas of support and assistance offered by the franchisor include, among others, to the following:
With a publicly renowned brand name and logo, high-quality signage, and other marketing assistance supplied by the franchisor, you will be able to concentrate your attention on the day-to-day aspects of running the business. This includes staffing and managing the company.
It is prudent to remember that while you will have the backing, guidance and support of the franchisor, franchises are independently owned businesses. Therefore, the fate of your pet franchise – it’s ultimate success or failure – rests in your hands and will be based entirely on you and your endeavours and ability to run the company.
The European pet care sector is flourishing, experiencing consistent year on year growth. The number of households with at least one pet has increased and thus animal lovers are spending more and more on their pets, in turn enhancing the turnover of the pet food products industry.
The European Pet Food Federation (FEDIAF) released its annual overview of the pet population and pet market in Europe.
In fact, as reported by The European Pet Food Federation (FEDIAF) in its annual overview of the pet population and pet market in Europe for 2022, a staggering 88 million households (38%) benefit from pet ownership and the pet food industry has grown 2.8% and is now worth €21.8 billion.
And while cats and dogs are Europe’s favourite animal companion (110 million cats & 90 million dogs), we invite a whole range of animals into our lives.
According to The European Pet Food Federation (FEDIAF), European households cared for:
That is a whole of a lot of beloved animal friends, demonstrating that investing in pet franchises is a shrewd move. A growing pet population is being rewarded for their companionship with care and pampering. For example, 2021 saw €21.2 billion spent on pet services and pet products, 1.5 billion more than the year previous and marked an increase of 7.6% - this comes to €9.2 billion spent on pet accessories and €12 million on pet services.
Pet franchises offer a range of pet-related services, including the following:
So, if you love animals and would like to assist other people care for their beloved pets, maybe it is time to consider looking at a pet franchise as a great business opportunity to share the love and make money along the way.
Starting a pet franchise has never been as easy a choice as it is now because of its potential for growth and profitable revenue outcomes. There are lots of pet franchise opportunities in Europe, but you will require some guidance to help you find the best fit for you. Therefore, we are here to help you on every step while heading to launch your pet franchise business.