How Much Do We Spend On Our Pets Compare The Market In 2013, pet expenditures were $57.8 billion. by the end of 2021, this figure had climbed to $102.8 billion, an increase of 77.9 percent in just 8 years. this beyond the numbers article uses data from the u.s. bureau of labor statistics consumer expenditure surveys (ce) to examine trends in pet spending from 2013 to 2021. 1 we compare pet. Indeed, as of 2023, 66% of u.s. households — 86.9 million homes — own a pet, as forbes advisor reported. that figure represents a whopping 56% jump from 1988. yet, having a pet isn’t cheap: in 2022, americans spent $136.8 billion on their pets, up 10.68% from 2021, according to forbes. a new gobankingrates survey found that more than 70%.
How Much Do We Spend On Our Pets Compare The Market Of all the expenses compare the market asked about when it comes to our pets, australian pet owners are spending less than american and canadians. usa pet owners spend the most on pet food , paying an average of us$91 per month (au$140), followed by pet owners in canada who spend us$72 per month (au$140), and australian pet owners spending us. An average u.s. pet owner will spend $912 a year on their dog and $653 on their cat. both cat and dog owners spend most on vet visits, food and otc medicine. highly educated people aged 55 64 with an income of $200,000 or more spend most on their four legged friends. more and more people insure their pets. the number of insured pets in 2022 was. Yet, having a pet isn’t cheap: in 2022, americans spent $136.8 billion on their pets, up 10.68% from 2021, according to forbes. a new gobankingrates survey found that more than 70% of americans. Pet spending in the u.s. increased from $460 in 2013 to $741 in 2022 (bureau of labor statistics, market watch analysis) although the pandemic drove pet parenting numbers to new heights, it also set new records for how much money we spend annually on our pets. pet spending in the u.s. increased 67% from $460 per year in 2013 to $770 per year in.
How Much Do We Spend On Our Pets Compare The Market Yet, having a pet isn’t cheap: in 2022, americans spent $136.8 billion on their pets, up 10.68% from 2021, according to forbes. a new gobankingrates survey found that more than 70% of americans. Pet spending in the u.s. increased from $460 in 2013 to $741 in 2022 (bureau of labor statistics, market watch analysis) although the pandemic drove pet parenting numbers to new heights, it also set new records for how much money we spend annually on our pets. pet spending in the u.s. increased 67% from $460 per year in 2013 to $770 per year in. Key pet statistics for 2024 editor’s choice. the value of the pet industry in the us reached $136.8 billion in 2022. average annual expenses for a pet dog amount to about $4,512. only 2.48% of all pets in the us are insured. at 33%, dogs are the biggest influence driving first home purchases among millennials. Small dogs remain the most popular size – 47% of dog owners have small dogs. unless otherwise noted, the statistics quoted were reported in appa’s 2021 2022 national pet owners survey, which.
How Much Do We Spend On Our Pets Infographic Key pet statistics for 2024 editor’s choice. the value of the pet industry in the us reached $136.8 billion in 2022. average annual expenses for a pet dog amount to about $4,512. only 2.48% of all pets in the us are insured. at 33%, dogs are the biggest influence driving first home purchases among millennials. Small dogs remain the most popular size – 47% of dog owners have small dogs. unless otherwise noted, the statistics quoted were reported in appa’s 2021 2022 national pet owners survey, which.
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