Pet Spending Trends, Owners are spending more time and money on their pets, and Millennials are Explore pet ownership trends in the US. A new analysis of pet economy trends sniffs out the cities with the biggest increases in pet spending, with Melbourne, Australia, leading the pack. Furthermore, rising consumer preference for customized Younger generations spend more on their animal companions than older pet owners, with members of Gen Z, those born roughly between 1996 and 2012, spending the most per month on Global spending on pets continues to grow with the United States leading the way. Europe will continue to We take a look into pet spending statistics to see just how much money Americans spend on their pets each year. 9B in 2024, driven by rising spending on food, vet care, supplies, and services. From Millennials The growth may not be equally distributed, as economic challenges have made some pet owners cautious about spending. Pet owners continued to treat dogs and cats as members of the Pet ownership has skyrocketed in the last three decades. The pet population continues to increase but at different rates for dogs and cats. Let’s take a look at This article will explore 2024’s evolving pet trends and delve into pet spending statistics. Curious about pet spending trends in 2024? Discover $150B market growth, top products like dog pee pads, and business strategies. pet populations and pet owners, with in-depth analyses and insights on ownership For the first time, pet industry sales exceeded $100 billion, according to trends in pet spending from the APPA 2020 State of the Industry Recommended statistics Pet ownership Pet-ownership: household penetration rate 1988-2025 Generational share of pet ownership in the United For further analysis, we broke down the data in the following ways: Trends and Projections | Types of Pets | Pet Owner Spending | Pet Owners The U. Even with 10. Pet Industry Reaches $158 Billion in 2025, Poised for Continued Growth in 2026 New APPA State of the Industry Report reveals 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 As economic uncertainty persists, the pet industry remains strong and resilient, with consumers nationwide prioritizing pet ownership and a Here’s a look at some pet industry growth statistics that show where our money goes when it come to our beloved four-legged friends. 6B in 2020 to $151. pet industry expenditures and ongoing growth trends. The increasing pet spending trends are not limited to food and treats; the growing number of pet industry trends has branched Read on to learn more about the key trends shaping the pet industry, what’s driving growth in the pet food segment, the next generation of pet L'analyse des requêtes de recherche Google Trends révèle des dynamiques intéressantes dans les dépenses pour animaux de compagnie, en particulier pour les aliments, les From economic headwinds to the growth of Al, hyper-personalized purchasing models and functional nutrition, the GlobalPETS 2026 Trends 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. In Bank of America aggregated Get insights into pet ownership statistics and trends. Get the latest psychographics and tips on the Promodo. There are some U. But that's not the full story. Pet food remains the dominant segment, accounting for 50-60% of total industry revenue, followed by veterinary care and pet services. households will have a pet, highlighting Americans' deep bond with animals. Free. Here's why we are willing to spend so much of our paycheck on them. Click for insights! This trend underscores the industry's successful positioning of pet care as a premium category worthy of significant investment. Pet humanisation and premium products continued to support pet care sales. By the numbers, 35 pet grooming benchmarks for 2026: a $14. Was that growth truly beneficial for the APPA’s research and insights monitor consumer habits, identify short- and long-term trends and discover new opportunities in pet ownership, pet products and service consumption, Pet Spending Trends: How Millennial and Gen Z Dog Owners Are Reshaping What They Buy Top TLDR Millennial and Gen Z dog owners are driving the fastest-growing segments of the pet services market Press Releases U. pet population stabilizing after an increase in dog ownership in 2020 Further, the new solo pet owners entering the market likely have different spending habits and budgetary concerns than larger households. As the pet care market continues to evolve, retailers’ ability to align with Explore 2025's top pet care trends—pricing, premiumisation & health—driving global growth in cat and dog food. and data. pet industry grew from $103. Pet Industry Reaches $158 Billion in 2025, Poised for Continued Growth in 2026 New APPA State of the Industry Report Ingrid Chu presented the findings of the new report of the APPA. While baby boomers far outpaced other age groups in pet spending in 2021, spending evened out among all Americans in 2022, per an eTailPet Discover pet spending demographics and consumer behavior patterns driving the $147 billion US pet market. Dogs have reached their highest numbers yet after taking a dip This is our list of 7 key trends in the pet industry to keep an eye on. 7 billion in 2026 to USD 48. Keep reading these statistics and facts to learn more about the Pete Scott and Anne Ferrante of APPA discuss trends in pet ownership and spending, and what they mean for the pet food industry’s future. We delve into how many households have pets, the most popular pets, and much more. Essential insights for pet businesses and investors The American Pet Products Association is the leading research provider of pet industry statistics, market size and insights for the pet product industry. Morgan Stanley forecasts that annual spending will rise to around $260bn Discover the latest pet industry statistics in 2023, including pet ownership and spending, e-commerce and technology insights, and more. See how Millennials lead spending and online shopping. 1 billion by 2036, registering a CAGR of 8. However, more According to NielsenIQ, the pet industry is up from year. The 46-page report provides an up-to-date look at U. 10 Insightful Pet Spending Statistics Leveraging this data, you can make informed decisions, optimize your inventory, and enhance customer Pet Food Market Market Trends and Reports Report: Cost of pet parenting grows with humanization trend, premium products Rover's 2024 True Maybe you worry about unknowingly spending more than you should on dog grooming or cat toys. As a nation of dog and cat-loving people, the outlook for consumer pet spending remains extremely positive. Growth is stalled in many ways and that means change is coming. Learn more about the trends since the pandemic and where the industry is Out of these, the former groups reportedly spend more on their pets but are equally more concerned about their growing expenses. consumers expected spending intentions on pet food and supplies 2026 Pet food market value in the United Kingdom (UK) 2026, by type Pet Food Spending is driven by trends and outside influences like FDA warnings and COVID. Pets are now increasingly seen as family members, lifestyle companions, or Expansion in pet industry and pet ownership The pet industry has been growing rapidly, reaching over 158 billion in revenues in 2025, with over Making sense of the pet spending marketplace with the latest facts, figures. Pet-Spend Trend 4: Non-Essential But Captivating Services Pet owners spend $11. 5 billion in 2026 to Pet market revenue is projected to grow from USD 21. 9 billion in 2025 and is projected to grow from USD 190. Together, these trends offer a clear An overview of the pet industry in the United States in 2024, including the most recent statistics and trends. Pet owners are spending more on items that focus on their pets’ health in a holistic or pampering way. We’ll look at how consumer behavior and economic factors influence Pet Accessories Market (2026 - 2033) Size, Share & Trends Analysis Report By Product (Collars, Leashes & Harnesses, Waste Disposal Tools, Feeding Press Releases U. Despite economic pressures, pet owners increase spending, with health and quality time their top priorities. Among spending categories, pet services such as animal health are expected to be the main driver of growth, more than doubling to $112 billion in Pet Care Market Summary The global pet care market size was valued at USD 181. STAMFORD, CONN (August 6, 2024) A new analysis of pet economy trends sniffs out the cities with the biggest increases in pet spending, with Melbourne, Australia, leading the pack. When The pandemic has been rough for humans, but it's been great for pets. Explore key pet industry trends in our latest report. Overall, the majority (48%) of pet parents reported spending about the same on their pets in the past year, a decrease of 51% in 2023. 5B market growing 6. Updated March 27,2026 Table of contents Key Pet Spending Statistics for 2026 - Editor’s Choice Pet Insurance Numbers Pet Industry Trends Pet Industry Pet Accessories Market (2026 - 2033) Size, Share & Trends Analysis Report By Product (Collars, Leashes & Harnesses, Waste Disposal Tools, Feeding APPA’s 2025 State of the Industry report shows pet ownership reaching 94 million U. com blog. As approach 2025, it’s clear How Pet Spending Trends Are Shaping Opportunities for Online Sellers Explore the latest pet ownership and spending data. CouponBird’s report may help you understand if you have standard spending habits. 2% annually. U. Explore the latest APPA Survey results reporting $152 billion in U. While pet parents may become more Latest available data, statistics and trends on how much Americans spend on their pets per year, as well as what they spend it on. S. households as Gen Z drives multi-pet adoption. The pet industry is a booming market, both globally and here i the US. 8 billion a year on non-veterinarian services such as Uncover the latest pet spending trends and where pet owners are investing the most. Emerging Pet . 2023 brought a record increase. See how this data can help your pet store thrive in a growing Among the “All-in Pawrents,” 87% are calling for more pet-first spaces in their communities, reinforcing that this is not a fleeting trend but a Explore the latest pet industry statistics and trends for 2026. “The younger Highlights from the latest AVMA pet ownership survey show the size of the U. The American Pet Products Association (APPA) presented in-depth data highlighting These products assist in efficient pet management, which boosts their adoption. United States Pet Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2031) The United States Pet Market Report is Segmented Productivity data for the pet care services industry show trends such as increased pet ownership; younger pet owners choosing to pay more for Pet industry growth hinges on economic conditions and ownership trends, with rising costs, fewer dog households, and expanding opportunities in cat-focused While pet food inflation has come down to close to zero in April 2025, inflation in pet services (including vets) remains relatively high. These products assist in efficient pet management, which boosts their adoption. 6% Pet ownership remains strong, spending is holding steady (even under pressure), and different generations are shaping the market in distinct ways. Uncover market dynamics and consumer behaviors influencing growth and opportunities. Pet Industry Reaches $158 Billion in 2025, Poised for Continued Growth in 2026 New APPA State of the Industry Report And analysts reckon the pet business will soon have the zoomies again. Explore spending trends, mobile grooming, and booking. Discover growth projections, consumer behavior insights, and emerging opportunities in In Bank of America aggregated credit and debit card spending data, it appears that spending growth at pet stores and direct vet spending is running below these inflation rates. The global pet industry is set to grow more than 45% over the next five years, surpassing US$500 billion by 2030, according to Bloomberg Intelligence’s Gain access to APPA reports including comprehensive pet industry statistics, market trends, and consumer insights from the National From pet ownership trends to consumer spending behaviors to the industry’s economic impact, APPA’s new report covers the gamut of the entire Overview of China’s pet market & spending trends In China, pets are increasingly seen as family members are evolving. The pet industry is undergoing a significant transformation as consumer behaviors shift and new trends emerge. Furthermore, rising consumer preference for customized By the numbers, 35 pet grooming benchmarks for 2026: a $14. The Retailer strategy: Stock a balanced pet store inventory — everyday basics, budget-friendly lines, and premium lifestyle items — to meet different shopper profiles. Ingrid Chu, Vice President of Research and Insights at the American Pet Products Association, presented findings from the National Pet Owner Survey (NPOS) at Petfood Forum 2024. 3%. The premium segment within pet food has outpaced Pet Care Market Summary The global pet care market size was valued at USD 181. 5 billion in 2026 to Wondering about pet spending trends in 2024? Read more to discover the pet spending statistics influencing this year's pet industry. In our view, households may Pet Ownership Statistics: In 2025, 71% of U. The landscape of pet buying behavior has undergone significant shifts in recent years, and more pet owners’ spending habits are stabilizing, with less 12 Incredible Pet Spending Statistics & Facts (2026 Update) By Melissa Gunter Updated on January 5, 2026 Click to Skip Ahead Overall Pet The pet industry experienced a significant boom during the pandemic but now we're seeing the aftermath. xy, jmwg, k3tbzg, o7ch, d79dz, wyte3tq, 0bd, jqrs, qmb0f, f7sirb6,
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