How Big Is The Pet Care Industry at Constance Sargent blog

How Big Is The Pet Care Industry. Pet care market size was valued at usd 304.4 billion in 2023 and is anticipated to grow at cagr of 6.8% between 2024 and 2032. 40.5% of revenue is from food and treats alone. Pets, pet products, and pet care are all part of a $103.6 billion national industry; The pet industry grows by 11.6% every year. Per the latest survey results, annual household spending on pets is predicted to reach $1,445 per animal by 2026 and $1,733 by 2030. The pet sitting market is on track to hit $3.94 billion by 2027, growing at a 10.26% annual rate, and covers services like feeding, exercise, and medication for pets. It was expected that market for pets other than cats and dogs would reach $3.6 billion in 2023. Out of the 3.1 million insured pets in the us, 83% of them are dogs and 17% of them are cats. The global pet care market size was valued at usd 150.67 billion in 2021 and is expected to expand at a compound annual growth rate (cagr) of 5.1% from 2022 to 2030. That translates into a 113% increase in total industry. By 2025, the pet grooming product industry is projected to grow to $14.5 billion.

Out of the 3.1 million insured pets in the us, 83% of them are dogs and 17% of them are cats. It was expected that market for pets other than cats and dogs would reach $3.6 billion in 2023. Pets, pet products, and pet care are all part of a $103.6 billion national industry; Pet care market size was valued at usd 304.4 billion in 2023 and is anticipated to grow at cagr of 6.8% between 2024 and 2032. 40.5% of revenue is from food and treats alone. By 2025, the pet grooming product industry is projected to grow to $14.5 billion. Per the latest survey results, annual household spending on pets is predicted to reach $1,445 per animal by 2026 and $1,733 by 2030. The pet sitting market is on track to hit $3.94 billion by 2027, growing at a 10.26% annual rate, and covers services like feeding, exercise, and medication for pets. The pet industry grows by 11.6% every year. The global pet care market size was valued at usd 150.67 billion in 2021 and is expected to expand at a compound annual growth rate (cagr) of 5.1% from 2022 to 2030.

Making a bull market of the pet industry 20181219 Pet Food Processing

How Big Is The Pet Care Industry 40.5% of revenue is from food and treats alone. That translates into a 113% increase in total industry. By 2025, the pet grooming product industry is projected to grow to $14.5 billion. 40.5% of revenue is from food and treats alone. The pet sitting market is on track to hit $3.94 billion by 2027, growing at a 10.26% annual rate, and covers services like feeding, exercise, and medication for pets. It was expected that market for pets other than cats and dogs would reach $3.6 billion in 2023. Pets, pet products, and pet care are all part of a $103.6 billion national industry; The pet industry grows by 11.6% every year. Pet care market size was valued at usd 304.4 billion in 2023 and is anticipated to grow at cagr of 6.8% between 2024 and 2032. The global pet care market size was valued at usd 150.67 billion in 2021 and is expected to expand at a compound annual growth rate (cagr) of 5.1% from 2022 to 2030. Out of the 3.1 million insured pets in the us, 83% of them are dogs and 17% of them are cats. Per the latest survey results, annual household spending on pets is predicted to reach $1,445 per animal by 2026 and $1,733 by 2030.