U.S. pet market sales by category 2018-2023
Total pet market sales have steadily increased in the U.S. over past years. Pet food and treats was the highest selling pet market product category in the United States in 2023. Approximately 64.4 billion U.S. dollars of pet food and treats were sold in that year. The vet care and products segment brought in the second highest revenue, with sales amounting to around 38.3 billion U.S. dollars in 2023.
American consumer pet expenditure
When surveyed, the majority of pet owners in the United States stated that they spend up to 500 U.S. dollars on their pets per year. When it comes to affluent households, average annual expenditure on pets increases to 1,523 U.S. dollars. These costs generally include regular supplies such as food, toys and medical costs. American consumers are also spending in more unique ways; the total spend on gifts for pets for Valentine's Day in the U.S. reached around 1.7 billion U.S. dollars in 2023.
American consumer pet expenditure
When surveyed, the majority of pet owners in the United States stated that they spend up to 500 U.S. dollars on their pets per year. When it comes to affluent households, average annual expenditure on pets increases to 1,523 U.S. dollars. These costs generally include regular supplies such as food, toys and medical costs. American consumers are also spending in more unique ways; the total spend on gifts for pets for Valentine's Day in the U.S. reached around 1.7 billion U.S. dollars in 2023.
