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Pet Industry

Consumer Discretionary

The pet industry is the market industry associated with companion animals, covering the production, consumption and cultural activities linked to that market. Alongside long established segments such as nutrition, toys and animal healthcare, newer services and products including pet taxis, day care, boarding hotels, IT appliances, broadcasting, theme parks and funeral services have been entering the market.

Facts
Sector
Pet products and services 1
FAQs

Where does the money in the pet industry go?

Food and treats are the largest share of roughly 158 billion dollars spent on pets in the United States in 2024.

The American Pet Products Association reports about 158 billion dollars spent on pets in the United States in 2024. Pet food and treats took the largest share at 68.3 billion dollars. Veterinary care and product sales came next at 41.0 billion dollars, then supplies, live animals and over the counter medicine at 34.4 billion dollars. Other services, including boarding, grooming, insurance, training, pet sitting and pet walking, made up 14.3 billion dollars.
Sources
1. Wikipedia, Pet industry
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Quote, lead section
The pet industry is the market industry associated with companion animals. It includes things that are associated with the production, consumption and cultural activities linked to the market.
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