Training Floor

Last Updated: March 22, 2023 Author: Celia Miller

Pet Industry Statistics

Report Highlights. Pets, pet products, and pet care are all part of a $103.6 billion national industry; 40.5% of revenue is from food and treats alone.

The pet industry grows by 11.6% every year.

The average pet-owning household spends $1,120 per year on their pets.2-in-3 American households include at least one pet.

Two (2) corporations consume 49% of the pet industry’s market share.Globally, the pet industry is worth $232 billion.