In 2022, pet owners in the United States spent US$136.8 billion on their dogs, cats, birds and other companion animals. Of that total, U.S. residents spend US$58.1 billion on pet food and treats, according to NielsenIQ data reported by the American Pet Products Association (APPA) in the 2022-2023 APPA National Pet Owner Survey. Supplies, live animals and over-the-counter medicine accounted for another US$31.5 billion. Vet care and product sales reached US$35.9 billion. Boarding, grooming, insurance, training, pet sitting and walking and all services outside of veterinary care made up US$11.4 billion. According to the 2021-2022 APPA National Pet Owners Survey, annual expenditures for dog food was US$287 dog, while annual expenditures on cat food reached US$254.
The APPA forecast that pet expenditures will reach US$143.6 billion this year, with pet food and treats making up US$62.7 billion of the total. Supplies, live animals and over-the-counter medicine may account for another US$32.1 billion. Vet care and product sales reached US$37 billion. Boarding, grooming, insurance, training, pet sitting and walking and all services outside of veterinary care made up US$11.8 billion.
Pet product expenditure growth
During the past several years, U.S. residents’ expenditures on pet products have grown. From 2018 to 2022, U.S. pet owners’ spending on pet products and services grew 66% from US$90.5 billion to US$136.8 billion. In 2021, U.S. pet owners spent US$123.6 billion on their companion animals. That figure increased from US$123.6 billion in 2021, which grew from US$108.9 billion in 2020. In 2019, U.S. pet product and services expenditures stood at US$97.1 billion.