According to a national pet owners survey, there was a total of approximately 95.6 million cats living in households in the United States in 2017. In the same year, some 68 percent of all U.S. households owned at least one pet.
Increasing pet expenditure
Whilst the number of households owning cats, and pets in general, has remained relatively consistent over the last few years, pet industry expenditure has steadily grown. Consumers are expected to spend a record breaking 75.38 billion U.S. dollars on their pets in 2019. The majority of pet market revenue comes from food sales, followed by veterinary care costs.
Shopping location preferences
When it comes to shopping locations, most consumers still purchase their pet products in physical retail stores. However, the number of consumers buying pet products online is on the rise. Dry cat food was the number one pet product bought online by cat owners in the United States in 2018.
Increasing pet expenditure
Whilst the number of households owning cats, and pets in general, has remained relatively consistent over the last few years, pet industry expenditure has steadily grown. Consumers are expected to spend a record breaking 75.38 billion U.S. dollars on their pets in 2019. The majority of pet market revenue comes from food sales, followed by veterinary care costs.
Shopping location preferences
When it comes to shopping locations, most consumers still purchase their pet products in physical retail stores. However, the number of consumers buying pet products online is on the rise. Dry cat food was the number one pet product bought online by cat owners in the United States in 2018.
