The Rising Influence of Rising Affluence

[DewDiligence]

Nice profile of ZTS in today’s WSJ; the quotes below are from the CEO, Juan Ramón Alaix:

http://online.wsj.com/news/articles/SB10001424052702303755504579207710851450896

“The fastest opportunity for growth in companion animals will be coming from emerging markets, where they will be adopting and increasing significantly the amount they will be spending per pet to keep them healthy.

“…We have reported very positive growth in Brazil in companion animals. China is growing fast. Even countries like Russia now, the number of pets adopted is increasing very fast. In Russia, it's growing faster in cats than in dogs. I asked why, and the answer was, ‘Well, you should be in Moscow in winter and try to really walk a dog.’ ”