U.S. pet market sales by category 2011-2021
Total pet market sales have steadily increased in the U.S. over past years. Pet food was the highest selling pet market product category in the United States in 2020 and is projected to maintain the top spot into 2021. Approximately 42 billion U.S. dollars of pet food was sold in 2020 and this figure is estimated to increase to around 44.1 billion in 2021. The vet care segment brought in the second highest revenue, with sales amounting to around 31.4 billion U.S. dollars in 2020.
American consumer pet expenditure
When surveyed, the majority of pet owners in the United States stated that they spend up to 500 U.S. dollars on their pets per year. When it comes to affluent households, average annual expenditure on pets increases to 1,523 U.S. dollars. These costs generally include regular supplies such as food, toys and medical costs. American consumers are also spending in more unique ways, with some pet owners increasingly splashing out for their furry friends on Valentine’s Day. Consumers aged between 25 and 34 are reportedly spending the most on their pet on this holiday , and those aged 65 or over are spending the least.
American consumer pet expenditure
When surveyed, the majority of pet owners in the United States stated that they spend up to 500 U.S. dollars on their pets per year. When it comes to affluent households, average annual expenditure on pets increases to 1,523 U.S. dollars. These costs generally include regular supplies such as food, toys and medical costs. American consumers are also spending in more unique ways, with some pet owners increasingly splashing out for their furry friends on Valentine’s Day. Consumers aged between 25 and 34 are reportedly spending the most on their pet on this holiday , and those aged 65 or over are spending the least.
