Nearly 60% of U.S. households or approximately 83 million families are pet owners, and many of them are spending a substantial amount of money on the care and feeding of their furry and scaly friends.
With pet humanization being the driving factor, the pet market is projected to earn $61 billion in sales by the end of 2015. Pet humanization not only includes providing pets with human-quality products, but also veterinary procedures like chemotherapy and MRIs, as well as human-grade pet food, health and fitness gadgets and designer clothing.
The full report explores the latest pet ownership statistics, industry sales & spend, pet care/grooming as well as pet humanization trends.
[download file=”https://www.annalect.com/wp-content/uploads/2015/08/Annalect_Research_US_Pet_Owners_2015.pdf” title=”U.S. Pet Owners”]