Highlights from the latest American Pet Products Association (APPA) National Pet Owners Survey show pet ownership is up. Sixty-eight percent of American households now own a pet, accounting for 84.6 million pet-owning households, up from 79.7 million pet-owning households in 2015. Bob Vetere, president and CEO of APPA, announced the 2017-2018 results at Global Pet Expo, an annual trade show presented by APPA and Pet Industry Distributors Association (PIDA).
Pet ownership, in general, is up and the Survey shows a new generation of pet owners contributing to that growth. Gen Y/millenial pet ownership has officially surpassed baby boomer ownership by three percentage points to now account for 35 percent of all pet owners.
“Millennials may be the largest generation segment of pet owners in general, but they also account for more than half of reptile, small animal and saltwater fish owners,” said Vetere. “This is a very passionate, active and connected group, and it’s been very exciting to see the ways in which our industry is working to meet the demands of this powerful demographic.”
New data from the 2017-2018 APPA National Pet Owners Survey also reveals insight into how pet owners feel about their pets.
“The latest Survey includes everything from percentage of owners buying gifts for their pets and most popular types of reptiles owned, to pets in the workplace and more,” said Vetere.
The 600 plus-page Survey provides insight into demographics, buying habits and other traits of owners of dogs, cats, fish, birds, reptiles, small animals and horses and is provided to APPA members as a member benefit. Visit http://americanpetproducts.org/survey for more information.
By Lindsay Beaton
This country is straddling the line between developing and developed as more of its citizens see the value in pet ownership.
By Lindsay Beaton