Pet Industry Statistics

May 03, 2021

Annual spending on pets was recorded at 7256 billion. Types of Businesses in the Pet Industry.

Pets Infographic Pets Infographic Petinfographic Petinfo Petinformation Cat Dog Cats Dogs Mrx Market Fun Facts About Animals Animal Infographic Pets

Dog owners spend 73 a year on grooming.

Pet industry statistics. In the last two decades the pet industry has seen steady growth from 17 billion in 1994 to an estimated 5553 billion in 2013. For example many exotic animals carry zoonotic diseases that can spread to humans such as Monkey Pox Salmonellosis and the Herpes B virus. In 2018 the US.

Pet industry analysts are seeing an increasing focus on health wellness and sustainability from consumers. Pet industry statistics for the organic pet food in PetSmart and PetCo show that they are purchased at a rate of 56 and 71 respectively. Consumer expenditure has gradually increased year-on-year growing by around.

21 of pet owners spent more money on pets during the Covid-19 pandemic. Lets take a look at our first graph. Facts and figures The global pet industry is considered one of the fastest growing market segments.

How many peoples in the United States are dog owners. The report observed that the incidence of health issues such as arthritis and skin allergies was rising among pets. According to The American Pet Products Association almost 85 million households have a pet and over the last 30 years pet ownership has gone from 56 to 68 of all households.

There are now 83 million Millennials a larger group than the Boomers and 62 of them own pets. Pet Care Industry Statistics. The pet industry encompasses a wide range of services including food grooming and veterinary care.

Pet industry expenditure in the United States was forecast to reach approximately 99 billion US. The Key Pet Industry Statistics in Review. Of this the US domestic market occupies roughly 47 of the share.

Organic purchases at veterinary clinics are at 53. The global pet food market size was valued at USD 9013 billion in 2019 and is projected to reach USD 12721 billion by 2027 exhibiting a CAGR of 460 during the forecast period 2020-2027. The pet statistics on the more exotic animals show that their owners could be at serious health risk possibly becoming infected with a life-threatening disease.

Ecommerce Pet Industry Statistics and Trends 2020 The American Pet Products Association APPA estimates that within the year 7538 billion will be spent on pets in the United States alone. Sales of organic and natural foods are expected to increase by 146 annually over the next two years. How big is the pet care industry.

Annual spending on pets was recorded at 7256 billion. You can see that in 1994 people spent about 15 billion on pet food and accessories and you can see how the figure climbed since then rising to an estimated 72 billion in 2018. The download below contains a global overview of market figures illustrating the state of the pet industry worldwide.

The market is broken down into the following statistics. According to the American Pet Productions Association the pet care industry is almost considered recession proof. Some of the changes.

Back in 2018 Americans spent over 72 billion on their pets. The global pet food industry is expanding rapidly on account of the rising empathy towards pets which is leading to their increased adoption. There are over 300 million pets in America and with the increased number of pets this also comes with an increase in demand for products and services.

About 74 of millennial pet owners own a dog said Bob Vetere president and CEO of the American Pet Products Association. If youre wondering where to take your pet product brand its a good idea to take notes from industry analysts who spend their lives focused on pet industry statistics. 61 of US pet owners will pay more for foods to target pets dietary needs.

US pet food and treat consumers accounted for 365 of that by purchasing 343 billion of pet food and treats of which nearly 6 billion was spent on dog and cat treats and mix-ins. Pet care industry size had reached USD 997 billion in 2020 and will expand due to a consistent rise in pet ownership better veterinary care awareness and access to premium food products. In an Organic Pet Food Industry 2018 Global Market research report it was predicted that the organic pet food market will increase by on average 908 between 2018 and 2025.

Pet spending statistics reveal that the global pet industry is currently worth an estimated 200 billion per year. Its estimated the US pet industry reached 99 billion in 2020. The yearly increase in the total expenditures in the pet industry tells us that this industry is booming.

APPA Of all types of pets dogs remain the most popular among Americans as per APPA pet statistics. Nowadays there are even product lines dedicated to the health and wellness of pets such as shampoo grooming tools and vitamins. In 2018 the US.

US pet food sales grew in 2019 by 58 over 2018. Globally the pet care market had a revenue of 125 billion in 2018. IBISWorld reports industry revenue accrued at an annualized rate of 43 to 211 billion over the last five years with 40 growth in 2019 alone.

Pet Industry Statistics And Infographic Infographic Pets Pet Businesses