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 2018
  • 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 2018 we spent $78.60B

GROWTH RATE SINCE 1960

  • +7.7% per year
  • +3.8% per year – adjusted for inflation
    • 80% faster than Total Income
    • Twice as fast as Total Spending

Latest Post

2018 Pet Products Spending was $48.65B – Where did it come from…?

A $1 Billion increase in Supplies wasn’t enough to overcome the $2B drop in Food.