- Wal-Mart (WMT), outdoor retailer Cabela's (CAB) and start-ups are among those that offer pet insurance, an industry that's worth almost $500M.
- With spending on vet care forecast to rise 4% this year to $14.2B, and just 1% of the nation's 160M cats and dogs insured, there's plenty of room for growth. The annual rate is 13%.
- Even some employers offer animal healthcare as a perk, including one-third of Fortune 500 companies.
- Animal pharmaceutical providers that could benefit include Zoetis (ZTS), Pfizer (PFE), Merck (MRK), MWI Veterinary Supply (MWIV) and VCA Antech (WOOF).
From other sites
Video at CNBC.com (Jul 7, 2015)
at CNBC.com (Jul 7, 2015)
Video at CNBC.com (Jun 10, 2015)
Video at CNBC.com (Jun 9, 2015)
at CNBC.com (Jun 8, 2015)
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