Why the pet industry?
The pet industry allows animal lovers the chance to not only play with dogs, but also the ability to work in a field they feel good about – providing positive experiences to all breeds of dogs and their pet parents. Spending your days doing something you have a passion for makes the entire work experience more rewarding, increases personal gratification and boosts overall happiness. As the old saying goes, “Love what you do, and you’ll never work a day in your life.”
The pet industry’s growth rate is impressive and shows no signs of slowing down. In 2020, $103.6 billion was spent on pets in the U.S., which is up 6.6 percent year over year in an industry that has grown steadily since the mid-’90s, says the American Pet Products Association.
PET INDUSTRY’S FAVORABLE OUTLOOK:
- Pet industry expenditures for 2019: $97.1B
- Pet industry expenditures for 2020: $103.6B
- $8.04B of the pet market is fragmented and highly underserved
- 70% of U.S. households own a pet, which equates to 90.5 million homes
- 95% of pet owners view their pets as family members
- Almost 75% of Millennials own pets
- Pet industry generates more than $110 billion in revenue in the U.S.
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