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

2023 U.S. PET FOOD SPENDING $45.50B…Up ↑$6.81B

/in /by

Spending grew by $6.81B – a new record. However the 17.6% increase was really only +6.3% when you factor in 10.6% inflation.

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