Pet industry statistics show that the more affection pet owners feel for a pet, the higher their levels of spending. Pet stores that welcome dogs inside, offering biscuits at the checkout are genuinely being pet-friendly—but it’s no coincidence that those pet products are located at the cash register, the better to engage exactly the kind of pet owner who brings their pet to the store.
Packaged Facts’ pet industry statistics bear out the relationship between the depth of the human/animal bond and the level of pet care spending. In recent pet owner surveys for example, in comparing the 61% of pet owners who strongly agree that their pets are part of the family to the minority 11% who strongly disagree, we find that:
- Only 6% of pet parents buy low-priced pet foods, compared with 33% of those who don’t consider pets to be part of the family.
- Only 12% of pet parents are spending significantly less on pet products because of the economy, compared with 30% of those who don’t consider pets family.
- Only 19% of pet parents have skipped out on providing routine vet care for their pets within the past 12 months, compared with 67% of those who don’t consider pets family.
- Only 22% of pet parents have spent less than $25 in the last 30 days on pet products, compared with 40% of those who don’t consider pets family.