Pet Spending Trends. Bloomberg Intelligence’s Pet Economy Report finds that the
Bloomberg Intelligence’s Pet Economy Report finds that the global pet industry is set to expand rapidly over the next decade as pet owners spend more and pets Dog owners spent less overall on their pets this year compared to 2023 while cat owners spent slightly more than they did in 2023. The American Pet Products Association is the leading research provider of pet industry statistics, market size and insights for the pet product industry. Keep reading these statistics and facts to learn more about the pet industry. Explore the world of pet spending in 2025. Let’s take a look at a few pet spending facts and statistics that The full 2025 Pet Ownership Cost Report is available now on CitizenShipper’s website for pet owners, industry professionals, and media seeking in-depth data on pet care spending trends. Discover the top 10 pet spending statistics every pet store owner needs to know and how to leverage these insights to make informed decisions. We take a look into pet spending statistics to see just how much money Americans spend on their pets each year. Here’s a fuller look at pet costs, expenses and insurance. If you’re lucky enough to work in or potentially own a business that caters to pets, the rise in pet spending is great news for you. APPA’s research and insights monitor consumer habits, identify short- and long-term trends and discover new opportunities in pet ownership, pet product and service consumption The increasing pet spending trends are not limited to food and treats; the growing number of pet industry trends has branched The MarketWatch Guides team analyzed pet spending data from the Bureau of Labor Statistics (BLS) to see who is spending the most on pets and identify recent trends in pet spending. The pandemic has been rough for humans, but it's been great for pets. Veterinary care made up . While baby boomers far outpaced other age groups in pet spending in 2021, spending evened out among all Americans in 2022, per an eTailPet analysis of BLS data. Dogs have reached their highest numbers yet after taking a dip last year while the number of cats continues to increase incrementally. S. Explore the latest pet industry trends and growth with key 2024 statistics, revealing insights into pet care's economic impact and market dynamics. We’ll look at how consumer behavior and economic factors influence spending patterns across the pet care Our latest report, Paw Power: Pet Purchasing Trends, digs into what’s happening in the pet world and how business leaders in the pet industry can keep wagging through these changing The increasing pet spending trends are not limited to food and treats; the growing number of pet industry trends has branched out to pet health and wellness, Latest available data, statistics and trends on how much Americans spend on their pets per year, as well as what they spend it on. This Beyond the Numbers article uses data from the U. The full 2025 Pet Ownership Cost Report is available now on CitizenShipper’s website for pet owners, industry professionals, and media seeking in-depth data APPA’s research and insights monitor consumer habits, identify short- and long-term trends and discover new opportunities in pet ownership, pet product and service consumption published across Pet owners love their pets and they would do almost everything to keep them happy, no matter the cost. Would millennials buy a house just to provide their pets with a back yard to play in? The latest pet spending statistics bring the answer. Owners are spending more time and money on their pets, and Millennials are likely to Learn about five top trends shaping the $145 billion US pet industry in 2024, according to expert analysts from Packaged Facts. How does pet spending look this year? Pet owners are projected to spend $1,248 on dogs and $836 on cats in 2024. Bureau of Labor Statistics Consumer Expenditures Surveys (CE) to examine trends in pet spending from The MarketWatch Guides team analyzed pet spending data from the Bureau of Labor Statistics (BLS) to see who is spending the most on pets and identify Global spending on pets continues to grow with the United States leading the way. Discover the latest trends, surprising statistics, and insights into how we invest in our furry friends. Latest available data, statistics and trends on how much Americans spend on their pets per year, as well as what they spend it on. For the first time, pet industry sales exceeded $100 billion, according to trends in pet spending from the APPA 2020 State of the Industry Report. The percentage of U. households that own This article will explore 2024’s evolving pet trends and delve into pet spending statistics.