PET OWNERS SPEND HEAVILY ON FOUR-LEGGED FAMILY MEMBERS

Furry family members get top treatment

 

Pet owners are projected to spend about $75 billion this year on their four-legged family members, notes Grumpy Editor.

This is up from about $72 billion last year and $45 billion a decade ago, tallies the American Pet Products Association.

 

"Globally, however, the pet care industry is worth more than $100 billion and is continually growing with more than 67 percent of U.S. households owning a pet, which equates to roughly 84.9 million homes," according to APPA.

 

In a 2018 breakdown, APPA says owners spent more than $30 billion in food, more than $18 billion in vet care, more than $16 billion in supplies and over-the-counter medicine and nearly $2 billion for the purchase of the animals plus $6.31 billion on "other services.”

 

Basic expenses for dog and cat owners include surgical and routine vet visits, food, treats, kennel boarding, vitamins, grooming and toys, adds APPA.

 

An APPA survey also finds 28 percent of dog owners and 17 percent of cat owners give gifts to their pets on their birthdays and 11 percent of dog owners and 5 percent of cat owners hold holiday or birthday parties for their pets.

 

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