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 2017
  • 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 2017 we spent $77.13B

GROWTH RATE SINCE 1960

  • +7.9% per year
  • +3.9% per year – adjusted for inflation
    • 82% faster than Total Income
    • Twice as fast as Total Spending

Latest Post

2018 U.S. PET SUPPLIES SPENDING $19.80B…UP ↑$1.22B

Spending growth was strong in the 1st Half, then flattened in the 2nd Half as prices inflated due to tariffs.