U.S. Pet Industry Fun Facts

POPULARITY

  • 40% of H/H’s had a pet in 1960
  • 67% of H/H’s had a pet in 2019
  • Now a U.S. H/H is twice as likely to have a pet as to
    have a child under 18.

SPENDING – TOTAL PET $

  • In 1960 we spent $1.08B on Pets
  • In 2019 we spent $78.44B

GROWTH RATE SINCE 1960

  • +7.5% per year
  • +3.7% per year – adjusted for inflation
    • 80% faster than Total Income
    • Twice as fast as Total Spending

Latest Post

U.S. Pet Services Spending (Non-Vet) $7.44B (↓$0.40B): 2021 Mid-Year Update

Pet Services was the industry segment hit hardest by the pandemic, but in 2021 the recovery began.