27 Interesting Pet Spending Statistics

Pet spending statistics are always interesting to learn about. Who in their right mind does not enjoy learning about what people’s spending habits are surrounding pets.

It can be something that will help you to create better spending habits for your pets or as a way to prepare yourself for what you will need to spend when you bring your new fur baby home.

It is to help people like these that we have found these twenty-seven pet spending statistics here for you to peruse. So, without further ado, let us finally dive right in and get started!

27 Interesting Pet Spending Statistics

How that we have gotten the pleasantries out of the way, it is finally time to check out these twenty-seven pet spending statistics. Remember, that if you want to learn about more statistics, there are tons of sources online for you to peruse at your leisure.

But for now, let us check out these pet spending statistics.

1. On Average Pet Owners Spend Approximately $1,480 On Their Canine Pets’ Basic Expenses Each Year

Dogs make up about 76.2% of pets in America. According to statistics from APPA the average pet spending per year on dogs is about $1,480.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

2. For Millennials Dogs Are A Huge Influence For Purchasing A First-Home

A third of millennials would have found that their need to purchase a house is so that their dogs have room to live a happy and full life.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

3. In The Past Decade It Has Been Found That Americans Spending On Pets Has More Than Doubled

Back in the year 2010 it was found that approximately a total of $45.53 billion was spent on pets. Over the next decade this number has grown to $123.6 billion on pet spending.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

4. In America Only 2.48% Of All Pets Are Insured

The number of pets that are actually insured is pitifully low. With only 2.48% of all pets within the USA being covered by some kind of pet insurance.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

5. Pet Insurance Went Up Considerably When Covid-19 Hit. An Average of 14% of New and Existing Pet Owners Got New Pets

According to a survey done biannually there are about 25% of pet owners that bought a new pet when the pandemic started. These people stated that their decision was heavily influenced by Covid-19.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

6. About 45% Of Cats And 39% Of Dogs Are Medically Overweight Or Obese Within The United States Of America

Studies have indicated that Americans spend a lot of money on pet food and treats. In fact, this spending has been found to be a little excessive as it is estimated that about 45% of cats are obese and 39% of dogs are obese.

Because of these findings it has been found that there is a lack of consensus between pet owners and veterinarians especially in regard to the nutritional needs of dogs and cats.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

7. The Spending Americans Have Done On Dog Walking Services Has Exceeded $1 Billion In The Year 2022

Dog walkers are more in demand than ever before. More and more Americans have found that paying for a dog walking service is more convenient as it ensures that the needs of their canine companion are guaranteed to be met.

This dog walking market has gone up as high as $1.05 billion with that number fluctuating depending on the many external factors like the Covid-19 pandemic for example.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

8. By The Year 2025 The Pet Grooming Industry Is Set To Increase Up To $5.49 Million

There are many diverse and niche products available at pet grooming salons. This expense includes shampoo, conditioner. Pet toothpaste, pet scissors, special brushes, clippers and much more.

All of these tools are essential for the pet grooming industry. It is a very necessary service and it is set to reach a total market value of $5.488 within the next three years.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

9. Of All The Generational Demographics, Millennials Are The Largest Group Of Pet Owners Within The United States

It has been found that nearly 32% of Millennials own at least one pet. This is the largest generational demographic to own a pet.

Baby Boomers are second on the list with about 27% of them owning at least one pet. About 25% of Gen X has pets and only 14% of Gen Z.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

10. Over Half Of Millennials That Own A Pet Purchase Their Furry Friends A Gift At Least Once Every Month

Pet spending statistics have found that on average the younger generations, in particular the Millennials are more generous toward their pets. In fact, they tend to treat their pets as part of the family.

A total of about 92% of millennials that own pets will purchase their pets a gift every so often.

However, there are 51% of these pet owners that will purchase a gift for their pet once a month. It has been found that Millennials in particular are about twice as likely to purchase things like clothes for their pets.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

11. On Average One In Ten American Pet Owners Will Put Off Having Children Because Of The Expenses That Their Pet Incurs

About 11% of pet owners declared that the expenses that their pet incurred was the treason that they had not had children yet. This was one of the big reasons that they were putting off having their first child or not having any more children yet.

This statistic was found at Fortunly’s website. So, if you want to learn more from them make sure to check out this link.

12. Over 61% Of American Pet Owners Would Rather Pay More Money For Pet Foods That Suit Their Pet’s Dietary Needs

Pet owners have been found to pay special attention to the needs and impact of food on their furry friend’s health. Statistics found on online pet food sales have indicated that about 73% of pet owners will purchase food online.

Additionally, 68% of these shoppers will purchase food that comes from a pet specialty store.

This statistic was found at Petpedia’s website. So, if you want to learn more from them make sure to check out this link.

13. Millennials Make Up About 31% Of Pet Industry Customers

Research statistics has indicated that on average Millennials make up the most pet owners in comparison to the other generations.

This statistic was found at Petpedia’s website. So, if you want to learn more from them make sure to check out this link.

14. An Average Of 67% Or More Of American Families Own A Minimum Of One Pets

On average, it has been found that Americans spend more than $95 billion on their pets. The majority of this money goes into the purchase of pet food and treats.

This statistic was found at Petpedia’s website. So, if you want to learn more from them make sure to check out this link.

15. Because Of Covid-19 12% Of Adults That Have Children Aged Under 18 Have Adopted Pets

Despite the number of pet adoptions going down after Covid-19 the pet industry is still strong, but this number was much larger when the pandemic was in full swing.

This statistic was found at Petpedia’s website. So, if you want to learn more from them make sure to check out this link.

16. In the Year 2020 it Was Found that 25% of Cat Owners and 40% of Dog Owners Bought Clothes for Their Pets

It was found that in this particular year, that 40% of dog owners purchased clothing for their pets and 25% of cat owners did the same.

This statistic was found at Petpedia’s website. So, if you want to learn more from them make sure to check out this link.

17. 43% of Dog Owners And 41% Of Cat Owners Prefer Purchasing Premium Pet Food For Their Pets

There has been an increase in people purchasing premium pet foods for their pets. This indicates that they are more focused on keeping their dog healthy and well-fed as opposed to purchasing just the cheapest food for sustenance.

This statistic was found at Petpedia’s website. So, if you want to learn more from them make sure to check out this link.

18. On Average 68% Of Millennials And 73% Of Generation Z Are Eager To Purchase Pet Products That Are Sustainable

The younger generations are not only concerned with the health of their pets. They are also eager to do their part for the environment and because of this they are more happy to purchase pet products that are sustainable.

This statistic was found at Petpedia’s website. So, if you want to learn more from them make sure to check out this link.

19. When Covid-19 Hit The Global Pet Industry Grew Over 28%

The reason that this happened was because during the pandemic many people purchased new pets during the pandemic. On top of that there was an influx of put products being purchased.

This statistic was found at Zippia’s website. So, if you want to learn more from them make sure to check out this link.

20. Over 69 Million American Households Own A Minimum Of One Dog

It was found that at least 69 million Americans own at least one dog.

This statistic was found at Zippia’s website. So, if you want to learn more from them make sure to check out this link.

21. The Most Common Pet In America Is Dogs

On average there are 69 million dog owners, 45.3 million cat owners, 11.8 million fish owners, 9.9 million bird owners, 6.2 million small animal owners, 5.7 million reptiles, and 3.5 million horse owners.

This statistic was found at Zippia’s website. So, if you want to learn more from them make sure to check out this link.

22. Pet Industry Statistics And Pet Owners By Generation

It has been found that 27% of Baby Boomers own a pet, 24% of Gen X own pets, 32% of Millennials own pets, and 14% of Gen Z own pets.

This statistic was found at Zippia’s website. So, if you want to learn more from them make sure to check out this link.

23. Ethnicity Pet Owner Percentages

It has been found that 64.7% of pet owners are White, 61.4% of Hispanic or Latinos are pet owners and 36.9% of Black people are pet owners.

This statistic was found at Zippia’s website. So, if you want to learn more from them make sure to check out this link.

24. Over 90% Of Pet Owners Have Taken Their Dog To The Vet In The Last Twelve Months

It has been found that quite a large percentage of pet owners will take their pets to the veterinarian at least once a year.

This statistic was found at AKC’s website. So, if you want to learn more from them make sure to check out this link.

25. Pet Training Services Surged To 73% By 2020

It was found that the amount of people taking on pet training services has increased to 73%.

This statistic was found at AKC’s website. So, if you want to learn more from them make sure to check out this link.

26. Where Have Pet Owners Purchased Their Pets From?

It has been found that people have most commonly gotten their pets from the following places: breeders 21%, shelters 19%, friend or relative 18%, rescue group 14%, or a private party 13%.

This statistic was found at AKC’s website. So, if you want to learn more from them make sure to check out this link.

27. The Most Common Size For Dogs Is Small

It has been found that most dog owners will purchase a small dog instead of a big or medium-sized dog. There are on average 47% of dog owners that have a smaller dog.

This statistic was found at AKC’s website. So, if you want to learn more from them make sure to check out this link.

Frequently Asked Questions

In this section we are going to answer some of your most frequently asked questions so that you can better understand everything you need to know about these interesting pet spending statistics.

What Do Pet Owners Spend The Most Money On?

By far one of the biggest expenses for pet owners is food and treats. But a close second has to be veterinary care of pets. Both of these pet expenses can be quite expensive overall and as the economy has gotten worse and worse it has only gotten more expensive.

What Age Group Spends The Most On Pets?

In North America it was found that people between the ages of thirty-five and forty-four spend the most on their pets.

On average, it was found that they spend about $137 on their pet every year in the year 2021. On the flip side, it was found that people aged 65 and older spend the least on pets per month on average.

Do Millennials Spend More On Pets?

No, it was actually documented that Generation Z tends to spend more on pets than any of the current generations. On average, it is found that they spend an annual average of about $1,885 on their pets.

That being said, Millennials are a close second in terms of spending money on pets. They average about $1,195 per year on pet expenses. The other generations like Generation X spend an average of $1,100 and the Baby Boomers spend an average of $926.

What Percentage Of Pet Owners Are Happy?

The average score of happiness, according to studies, has indicated that an average of 36.8 percent of people are happy.

But studies have indicated that on average the percentage of pet owners that are happy are as high as 59.3 percent. So, on average we can see that pet owners are shown to be happier as a whole. Or more of them are happy at least.

What Country Lives Their Pets The Most?

On average, it has been found that the countries with the best environment for pet and animal care are as follows:

• Italy
• New Zealand
• France
• United Kingdom
• Germany
• Australia
• Sweden
• Spain

These countries have been found to be the best for dog owners in particular, but that is not to say that the ownership of dogs in other countries is bad.

There are many countries in the world that are perfectly suitable for dog and other pet ownership. But according to our research these are among the best.

Final Thoughts

We hope that you have enjoyed reading this article and learning about these interesting pet spending statistics. While knowing facts like this can just be a point of interest.

In our opinion it is always good to know a little more on the topic so that pet owners can make the most informed decisions using this knowledge.

If you would like to check out some of our other articles, make sure to peruse our website. There is bound to be something that you will like. With all of that said, we hope that you have a good day. Goodbye for now.