Russell Yuan's questions to Zoetis Inc (ZTS) leadership • Q4 2024
Question
Russell Yuan, on for Brandon Vazquez, asked for a high-level perspective on pet population trends post-COVID and whether any lagging macroeconomic effects are impacting the market.
Answer
CEO Kristin Peck responded that the pet population is expected to remain relatively stable, consistent with historical norms. She emphasized that the fundamental industry growth driver is the strengthening human-animal bond, which makes animal health resilient. She also noted that pets adopted during the pandemic are now aging, which is expected to increase demand for chronic care treatments.