Pet Industry Spending is at an All-Time High

At the Global Pet Expo 2015 tradeshow in Orlando in March, we announced our 2015 industry spending figures. The Associated Press put out a great article from the announcement, which you can find here, but in case you missed all that, here’s a recap:

2014 spending in the pet industry exceeded $58 billion!!

In 2015 we are projecting to surpass the $60 billion mark: highest spending in history. Together, we can do it!

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Pet Industry Spending Breakdown:

Category 2013 Actual 2014 Actual % Growth 2015 Estimate % Growth
($Billion) ($Billion) 2014 vs. 2013 ($Billion) 2015 vs. 2014
Food 21.57 22.26 3.2 23.04 3.5
Supplies/ OTC Med 13.14 13.75 4.6 14.39 4.7
Veterinary Care 14.37 15.04 4.7 15.73 4.6
Live Animal Purchases 2.23 2.15 -3.6 2.19 1.9
Other Services 4.41 4.84 9.8 5.24 8.3
Total 55.72 58.04 4.2 60.59 4.4
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Newest Talking Animal Video!

Pets Add Life (PAL) has done it again! Check out the latest in their popular Talking Animals series, featuring a philosophical guinea pig with big questions for his buddy. Feel free to share the laugh on your social channels!

In case you don’t know, Pets Add Life is the Association’s non-profit organization dedicated to voicing the joys and benefits of pet ownership and prompt adoptions. Check out this amazing community of pet fans on Facebook at Facebook.com/petsaddlife.