|
The trends in pet ownership in America coupled with the increase in what pet owners are willing to spend makes it the right time to join the exploding pet care industry. |
 |
Dog Training
Pet Nutrition
Pet Waste Cleanup
Pet Sitting
Dog Walking
|
Total U.S. Pet Industry Expenditures Year Billion 2010 $47.7 Est. 2009 $45.5 2008 $43.2 2007 $41.2 2006 $38.5 2005 $36.3 2004 $34.4 |
"We pamper them. We take them wherever we go. We spoil them with gifts and treats. They even get presents for holidays, birthdays and special occasions. They are our pets!" (APPA Pet Product Trend Report 2009). 71.4 Million Americans have a pet – that’s 62% of American households. 38.2 million Americans own cats and 45 million Americans own dogs. Financial analysts at a meeting of industry experts held in 2008 discussed how the pet industry may be resilient to the economic downturn. And it appears they were correct. Not only are more households pet owners but owners are spending increasingly more on their furry critters. In 2009, 45 billion dollars will be spent across the US Pet Industry, a 2 Billion dollar increase from 2008. The expenditure in pet products and services is no longer restricted to the necessities such as food and veterinary visits. Owners are now investing in high-end pet products, state of the art services and designer clothing. |
|
Industry Statistics & Trends
PET OWNERSHIP According to the 2009/2010 National Pet Owners Survey,
|
