Pet care has become a major household line item, with the global pet food market at $101.6 billion in 2022 and a 4.7% CAGR projected to 2030. Pet insurance shows the same tension between risk and coverage, since 26% of U.S. pet owners have a policy while 77% say it is too expensive.
Key Takeaways
- Average number of pets per pet-owning household in U.S. was 1.6 in 2023
- 26% of pet owners have pet insurance in the U.S. as of 2023
- 60% of cat owners and 45% of dog owners said they consider their pet a member of the family (2021)
- Global pet food market size valued at $101.6 billion in 2022, projected to grow at 4.7% CAGR to 2030
- U.S. pet supplement market size reached $1.2 billion in 2022, with a CAGR of 7.8% from 2020 to 2025
- Global pet insurance market size was $9.8 billion in 2023, expected to grow at 17.5% CAGR to 2030
- 73% of pet owners purchased pet food from a pet specialty store in the past year (2022)
- 45% of pet owners said they spent more on their pet during the COVID-19 pandemic (2020)
- 69% of pet owners purchased pet supplies online in 2023, up from 61% in 2020
- 31% of dog owners and 32% of cat owners reported their pet is overweight or obese (2021)
- U.S. veterinary services market size at $44.2 billion in 2022
- Veterinary visits per year per pet: 1.7 for dogs, 1.3 for cats (2021)
- Global pet wearable market size was $2.8 billion in 2023, expected to grow at 11.2% CAGR to 2030
- Pet food e-commerce penetration reached 22% of total pet food sales in the U.S. in 2022
- Global raw pet food market size estimated at $16.8 billion in 2022, growing at 8.4% CAGR
Pet ownership is rising fast, driving growth across pet food, insurance, tech, and overall spending.
Related reading
01 · Category
Pet Ownership6 stats
01
Average number of pets per pet-owning household in U.S. was 1.6 in 2023
02
26% of pet owners have pet insurance in the U.S. as of 2023
03
60% of cat owners and 45% of dog owners said they consider their pet a member of the family (2021)
04
Number of pet birds in the U.S. was 18.2 million in 2021
05
Number of horses owned as pets in the U.S. was 7.7 million in 2021
06
Number of pet reptiles in the U.S. was 5.7 million in 2021
02 · Category
Market Size10 stats
01
Global pet food market size valued at $101.6 billion in 2022, projected to grow at 4.7% CAGR to 2030
02
U.S. pet supplement market size reached $1.2 billion in 2022, with a CAGR of 7.8% from 2020 to 2025
03
Global pet insurance market size was $9.8 billion in 2023, expected to grow at 17.5% CAGR to 2030
04
Global pet grooming market size valued at $5.8 billion in 2022, projected to reach $8.9 billion by 2030
05
Global pet drugs market revenue was $15.2 billion in 2022, with a CAGR of 6.1%
06
Global pet toys market size was $8.5 billion in 2023, expected to reach $13.2 billion by 2030
07
Global pet supplement market size was $3.2 billion in 2022, CAGR of 8.2% to 2030
08
Global pet furniture market size was $4.5 billion in 2023, expected to reach $6.8 billion by 2030
09
Global pet dietary supplements market (excluding treats) was $1.6 billion in 2022
10
Global pet pharmacy market size was $5.8 billion in 2022, CAGR 8.1%
Interpretation
Market Size Interpretation
The pet insurance market is the fastest growing segment in the industry, with a compound annual growth rate of 17.5 percent from a base of 9.8 billion dollars in 2023, underscoring how owners are increasingly prioritizing financial protection for their animals.
03 · Category
Consumer Behavior13 stats
01
73% of pet owners purchased pet food from a pet specialty store in the past year (2022)
02
45% of pet owners said they spent more on their pet during the COVID-19 pandemic (2020)
03
69% of pet owners purchased pet supplies online in 2023, up from 61% in 2020
04
Humanization trend: 45% of pet owners celebrate their pet's birthday (2022)
05
Millennials are the largest pet-owning generation in the U.S., comprising 32% of all pet owners (2023)
06
Annual spending on pet care per household averaged $1,145in 2022
07
77% of pet owners agreed that pet insurance is too expensive (2023)
08
92% of pet owners said they would purchase a product if it was recommended by their veterinarian (2022)
09
95% of pet owners purchase pet supplies in-store at least occasionally (2023)
10
38% of pet owners said they have purchased pet clothing or accessories in the past year (2022)
11
55% of pet owners trust online reviews as much as personal recommendations for pet products (2022)
12
32% of pet owners used a pet sitter or boarding service in the last year (2022)
13
Percentage of pet owners who consider their pet when choosing a home: 84% (2022)
More related reading
04 · Category
Veterinary Care8 stats
01
31% of dog owners and 32% of cat owners reported their pet is overweight or obese (2021)
02
U.S. veterinary services market size at $44.2 billion in 2022
03
Veterinary visits per year per pet: 1.7 for dogs, 1.3 for cats (2021)
04
51% of pet owners said they would go into debt to pay for their pet's veterinary care (2022)
05
Pet obesity: 56% of dogs and 60% of cats were classified as overweight or obese by veterinarians in 2022
06
Number of veterinary clinics in the U.S. exceeded 32,000 in 2023
07
Veterinary shortage: 42% of U.S. veterinary practices reported difficulty hiring veterinarians in 2022
08
Global pet medical devices market size was $2.2 billion in 2022, CAGR 7.9%
05 · Category
Industry Trends13 stats
01
Global pet wearable market size was $2.8 billion in 2023, expected to grow at 11.2% CAGR to 2030
02
Pet food e-commerce penetration reached 22% of total pet food sales in the U.S. in 2022
03
Global raw pet food market size estimated at $16.8 billion in 2022, growing at 8.4% CAGR
04
Adoption of pet tech: 21% of pet owners used a pet camera in 2023, up from 14% in 2020
05
Global pet travel accessories market size was $1.6 billion in 2023, CAGR of 9.5%
06
Global pet care e-commerce market size reached $69.5 billion in 2022, representing 22% of total pet care sales
07
Global pet cleaning products market size was $1.8 billion in 2022, CAGR 6.4%
08
47% of pet owners have pet cameras to monitor their pet while away (2023)
09
Global pet subscription box market size was $1.3 billion in 2022, CAGR 14.5%
10
23% of pet owners use pet apps for health tracking or behavior monitoring (2023)
11
Global pet odor control products market size was $1.2 billion in 2022, CAGR 5.5%
12
Global pet cameras market size was $1.5 billion in 2023, CAGR 12.1%
13
Global pet waste bags market size was $0.8 billion in 2022, CAGR 6.7%
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Diana Reeves. (2026, February 13). Petcare Industry Statistics. Gitnux. https://gitnux.org/petcare-industry-statistics
MLA
Diana Reeves. "Petcare Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/petcare-industry-statistics.
Chicago
Diana Reeves. 2026. "Petcare Industry Statistics." Gitnux. https://gitnux.org/petcare-industry-statistics.
Sources & references
50 datasets cited across this report · attribution is report-level
+44 additional datasets cited (not shown individually)