Millennials and Gen Z opt for pets over children due to financial, career, and mental health concerns, boosting pet adoption and industry growth.
Millennials and Gen Z are increasingly choosing to raise pets over having children, with many citing reasons such as financial instability, lack of career stability, and mental health struggles as factors in their decision. Pets provide companionship and unconditional love, helping individuals cope with anxiety and depression. This trend has led to a rise in pet adoption and a booming pet industry.
June 08, 2024
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