About the Pet Industry

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. People in the United States are projected to spend $72.1B in 2018 on pet products and care, which is up 3.6 percent year over year in an industry that has grown steadily since the mid-’90s, says the American Pet Products Association. According to Euromonitor International, worldwide spending on pets in 2107 was $109B.

PET INDUSTRY’S FAVORABLE OUTLOOK:

  • Pet Industry Expenditures for 2017: $69.51B in the U.S.
  • Pet industry Expenditures for 2018: Estimated $72.13B in the U.S.
  • $8.04B of the pet market is fragmented and highly underserved
  • There are 90M dogs in the U.S.
  • Pet industry expected to surpass $100B by 2021

 

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The Dogtopia Foundation enables dogs to positively change the world. To accomplish this, we currently are funding programs focused around three worthy causes: Service Dogs for Veterans, Youth Literacy Programs and Employment Initiative for Adults with Autism.