1. United States
The estimated US pet market size in 2024 is $80.69 billion and is expected to reach $103.27 billion by 2029. It is expected to grow at a CAGR of 5.06% from 2024 to 2029. 66% of US households have at least one pet, and US pet owners spend an average of $1,332 per year on pet expenses.
According to the survey, it is estimated that 65.1 million households in the United States have at least one dog, making dogs the most common type of pet in the United States; cats and freshwater fish come in second and third, with approximately 46.5 million and 11.1 million households, respectively.
Besides food, local pet owners in the United States also spend relatively large amounts of money on medical care, daily necessities, cleaning, and grooming.
Millennials (born between 1981 and 1996) make up the georgia number data largest share of pet owners in the United States, at about 33%. They view their pets as the most important members of their family and their spiritual companions, so they are willing to spend money on them to improve their living conditions. Next comes Generation X (born between 1965 and 1980), who make up 25%, and Baby Boomers (born between 1946 and 1964) come in third, making up about 24% of the pet-owning population.
As people's consumption habits change, online shopping for pet products has become a consumer trend in this market; the convenience of online shopping, free shipping, and variety of products are important factors that attract people to choose online shopping. Sellers can market products according to consumer preferences, such as launching free shipping services or providing a variety of products for consumers to choose from.
Report on regional characteristics of the pet products market
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