Development Analyses and Strategies for Pet Industry and related Industries
DOI:
https://doi.org/10.71222/91ahx374Keywords:
regularization regression, ARIMA, PLSR, pet industry developmentAbstract
With the rapid economic development and people’s pursuit of spiritual life, the pet industry has gradually risen around the world. Taking the pet industry and its related derivative industries as the research object, this paper uses various mathematical modeling methods to conduct in-depth research on the development of the pet industry in China and around the world, so as to analyze the development of the pet industry in China and even around the world, predict the change of pet food output and the development of the pet food industry, and provide some ideas for the sustainable development of the pet food industry in China.
References
1. S. Bhatia, et al., "Vetpaw Pet Care Application: An assessment of the proposed business application using SWOT analysis," in Proc. 4th Int. Conf. Manage. Sci. Ind. Eng., 2022, doi: 10.1145/3535782.3535834.
2. E. Kuzma and S. Sehnem, "Proposition of a structural model for business value creation based on circular business models, innovation, and resource recovery in the pet industry," Bus. Strategy Environ., vol. 32, no. 1, pp. 516-537, 2023, doi: 10.1002/bse.3158.
3. Z. Liu, "Unlocking consumer choices in the digital economy: Exploring factors influencing online and offline purchases in the emerging pet food market," J. Knowl. Econ., pp. 1-26, 2023, doi: 10.1007/s13132-023-01490-8.
4. A. Chen, K.-P. Hung, and N. Peng, "A cluster analysis examination of pet owners’ consumption values and behavior–Segmenting owners strategically," J. Target. Meas. Anal. Mark., vol. 20, pp. 117-132, 2012, doi: 10.1057/jt.2012.10.
5. R. J. Priya and M. Nandhini, "Evolving opportunities and trends in the pet industry–An analytical study on pet products and services," J. Appl. Sci. Comput., vol. 5, no. 11, pp. 1161-1173, 2018. [Online]. Available: https://www.researchgate.net/publication/334824605_EVOLVING_OPPOR-TUNITIES_AND_TRENDS_IN_THE_PET_INDUSTRY_-AN_ANALYTICAL_STUDY_ON_PET_PRODUCTS_AND_SERVICES. [Accessed: Jan. 3, 2025].
