Analysis and exploration of the development trend of pet industry based on time series

With the rapid development of society, people's work is increasingly busy, pet companionship has become an indispensable part of People's Daily life, the development trend of the pet industry has attracted much attention. This paper focuses on the data of cats, dogs and other pets by consulting the data of the number of pets, the price of food, the number and economic cost of medical clinics, the number and economic cost of beauty salons and the consumption of daily necessities in the past five years from 2019 to 2023. Firstly, five indicators (number of pets, food, daily necessities, medical treatment and beauty) affecting the development of the pet industry were analyzed. Secondly, the five indicators were quantified, and relevant data were found and supplemented according to the time series. Finally, Python software was used to analyze, screen and compare the sequential growth rate and average growth rate of the past five years according to the type of pets. On this basis, the establishment of the grey forecast, ARIMA and other forecasting models, predicted the next three years the development of China's pet industry will show an upward trend.