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Industry Landscape

The animal welfare industry in the US is driven by strong community support and volunteer engagement. It faces challenges with funding reliance on donations and capacity constraints. There's a growing emphasis on responsible pet ownership and increasing digital engagement for awareness and fundraising. Competition among organizations remains high, requiring strategic collaborations and diversified funding.

Industries:
Animal AdoptionPet CareNon-profitCommunity ServiceVolunteering

Total Assets Under Management (AUM)

Number of Animal Adoptions Annually in United States

~Approximately 2.6 million pets adopted annually

(Declining, -10% (2019-2022) CAGR)

- Declining due to fewer animals entering shelters.

- Increased focus on returning lost pets to owners.

- Rise in pet fostering programs impacting adoption numbers.

Total Addressable Market

5.3 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

AI-powered Matching Platforms

AI and machine learning can optimize pet-adopter matching based on lifestyle, preferences, and pet behavior data, improving adoption success rates.

Blockchain for Pet Records

Blockchain technology can create secure, immutable, and easily shareable digital health and behavioral records for pets, enhancing transparency and trust in adoption processes.

Virtual Reality (VR) Experiences

VR can offer immersive virtual tours of shelters and interactive 'meet-and-greet' sessions with adoptable animals, reaching a wider audience and reducing physical barriers to adoption.

Impactful Policy Frameworks

Pet and Women Safety (PAWS) Act of 2018

The PAWS Act (2018) allows pets to be included in protection orders against domestic violence and provides funding for shelters to accommodate pets of domestic violence victims.

This policy directly impacts Human Options by increasing the need for partnerships with domestic violence shelters and potentially requiring resources to assist victims with pet-related needs.

Preventing Animal Cruelty and Torture (PACT) Act of 2019

The PACT Act (2019) made animal cruelty a federal felony, specifically targeting crushing, burning, drowning, suffocating, impaling, or sexually exploiting animals.

The PACT Act strengthens legal protections for animals, potentially increasing cases reported to animal welfare organizations like Human Options and bolstering their advocacy efforts.

Healthy Paws Act (Proposed, 2023)

The proposed Healthy Paws Act (2023) aims to establish a federal grant program to support animal shelters and rescue organizations in providing veterinary care and adoption services.

If passed, this proposed policy could provide crucial federal funding to Human Options, enabling them to expand veterinary services and enhance their capacity for animal care and adoptions.

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