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 $60 billion mark: highest spending in history. Together, we can do it!
Pet Industry Spending Breakdown:
| Category | 2013 Actual | 2014 Actual | % Growth | 2015 Estimate | % Growth | ||||||
| ($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 | ||||||
