The dog daycare and boarding centers will tell you that the US has gone to the dogs but those looking under the fold know that there are more cats owned than anyone realizes. According to the APPA, 35% of U.S. households have a cat and according to the AVMA, those households have on average 1.8 cats! That's more than 82 million pet cats!
Pet ownership among US households earning more than $150,000 per year grew by 8.6% from 2019 to 2020. Over this same period, US households earning more than $100,000 annually represented the most growth in pet ownership
- Euromonitor International
Virtually recession proof, this industry has grown every year since 2004. According to the American Pet Products Association’s (APPA) 2022 State of the Industry data, total pet industry sales topped $136.8 billion in 2022, representing an increase of 10.8% from 2021.
Consumer Spending on Pets
US Dollars, Billions