Pet Industry Growth, Jun 17, 2026 · After years of strong growth, rising costs are prompting more selective pet spending and slowing industry expansion. 17 billion in 2026 to $499. Rising costs are moderating pet industry growth as consumers become more selective, even as strong emotional bonds continue to support demand. Mar 26, 2026 · The 2026 State of the Industry Report provides a comprehensive analysis of industry expenditures and key pet ownership trends with data visualizations of consumer habits, sentiment, and behaviors, with comparative data across generations. 7% increase from the previous year, according to the State of the Industry Report released this spring by the American Pet Products Association (APPA). May 11, 2026 · The American Pet Products Association (APPA) has announced the total U. Growing awareness about pet longevity and disease prevention, combined with the humanization of pets, has significantly increased spending on healthcare services, wellness products, and specialized medical treatments, driving strong growth across the global industry. 06% during the forecast period Apr 24, 2026 · The increasing pet spending trends are not limited to food and treats; the growing number of pet industry trends has branched out to pet health and wellness, grooming, and accessories. 06 billion by 2034, at a CAGR of 7. Jun 8, 2026 · The global pet care market size is projected to grow from $289. This represents a 3. Jan 7, 2026 · Business Strategy Pet industry economics rebalances in 2026 as ownership changes Macroeconomics, pet population shifts and inflation have created a new-new-normal in the post-pandemic pet food industry. pet industry expenditures in 2025 alongside its projections for 2026, demonstrating continued growth for the industry. Mar 24, 2023 · New York, March 24, 2023 — The pet industry is poised to swell from $320 billion today to almost $500 billion by 2030, according to a new report from Bloomberg Intelligence (BI). The expenditures were released alongside the 2026 State of the Industry Report during Global Pet Expo, the pet industry’s premier event, showcasing more than 1,000 exhibitors with the latest pet The source for cat food, dog food and pet treat manufacturers, pet food ingredients research, pet industry news and pet food insider commentary. Two or More Multi-pet households continue to represent a highly engaged and stable segment. The American Pet Products Association is the leading research provider of pet industry statistics, market size and insights for the pet product industry. Below, we report on the pet ownership statistics by species-type and by generational segment. Mar 21, 2026 · Pet ownership reached 85 million households in the US alone, and pet parents are spending 40% more annually compared to pre-2020 levels. . May 6, 2026 · Explore pet industry statistics, market growth, spending trends, and insights shaping the future of pet ownership. After analyzing 500+ pet DTC brands and managing $150M+ in pet industry marketing spend, I've identified the exact trends, opportunities, and strategies driving explosive growth in 2026.
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