U.S. Pet Industry Fun Facts

POPULARITY

  • 40% of H/H’s had a pet in 1960
  • 68% of H/H’s had a pet in 2022
  • 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 2022 we spent $102.71B

GROWTH RATE SINCE 1960

  • +7.6% per year
  • +3.9% per year – adjusted for inflation
    • 71% faster than Total Income
    • 81% faster than Total Spending

Latest Post

Petflation 2024 – March Update: Turns up to +3.8% vs 2023

/in /by

March Total Petflation rose to 3.8% from 3.5% in February but YTD it slowed to 4.0% from 4.1%.

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