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 2023
  • 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 2023 we spent $117.60B

GROWTH RATE SINCE 1960

  • +7.7% per year
  • +4.0% per year – adjusted for inflation
    • 71% faster than Total Income
    • 86% faster than Total Spending

Latest Post

Petflation 2025 – March Update: Plummets to +1.3% vs Last Year

/in /by

Petflation vs 2024 fell from +2.4% to +1.3%, but much of the drop was due to a big price lift in 24.

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