How America’s Love Of Cats And Dogs Became A $72 Billion Business

How America’s Love Of Cats And Dogs Became A $72 Billion Business

Cute puppies. Kittens. Instagram dogs. Pet supplements, a smart cat litter box and specialty veterinary practices. Americans are spending more and more on their pets. U.S. pet spending hit $72 billion in 2018, an increase of more than $3 billion from last year. And with pet ownership on the rise, the industry could grow into an even bigger business. Here’s how Americans’ love for pets turned into big business.

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How America’s Love Of Cats And Dogs Turned Into A $72 Billion Business

43 Comments

  1. Adam Smith on August 3, 2022 at 5:38 am

    Cheapest pet? Tarantulas. Only need to feed them once or twice a month, don’t need to change substrate unless it’s moldy or infested with mites, sadly can’t be treated by a vet but no vet bills because of that. Only expensive thing for them is the actual tarantula its self and the enclosure. Oh and if you get lucky and get a female you will have her for 15-40 years depending on the species

  2. Tarkus on August 3, 2022 at 5:41 am

    The same country that loves pets to excess is also the same country that doesn’t give a f is their kids get killed in schools.

  3. Jackie K on August 3, 2022 at 5:41 am

    There needs to be a serious discussion, followed by action regarding puppy mills, breeders, hoarders, etc. As a child of a failed dog breeder/ dog show enthusiast, let me tell you- many, if not most of those people are the absolute worst.

    Supporting evidence:
    1) Many won’t sell to anyone who isn’t white, especially the bully breeds.

    2) To celebrate my G.E.D., probation ending*, and upcoming 18th birthday, my mother said she’d pay for the phlebotomy classes I wanted to take to begin the path of becoming an RN. The day classes start, my sister interrupts my mom’s sudden tantrum and the barrage of attacks that she spent the money (a grand more than the class) ordering a puppy from some Ukrainian breeder’s website. Even more frantic now, she gives me 10 minutes to pack up and leave, while threatening to put a kitten (from one of two litters) that took to me in a hefty unless I took him. Fast forward 2-3 years since I became homeless, I came to visit. Imagine my shock and disgust discovering that poor, sweet dog spent 2, maybe 3 hours tops out of his cold wire crate where he was exiled to a damp, cold, and dark basement. He was such an awesome dog but because he wasn’t "show quality", she saw him as an annoyance that she was "too tired and stressed’ for. Mind you, the dog count had since increased by one or two- and per usual, she was spending child support and any other money she could take from us kids (gifts be damned) on artificial inseminations and other expensive vet services. 5 extremely bored dogs and 15 cats weren’t enough. She needed a litter puppies.

    3) A fellow breeder cleans her cages with bleach and other chemicals. My mom left one of her dogs there for breeding purposes. The irony is, the poor dog came back with his nuts chemically burned and he developed OCD because he was in so much pain that he’d constantly gnaw at them. She took him to the vet and got him a cone but she didn’t do very much else before putting him down.

    4) Many of these people’s homes are DISGUSTING and they act like it’s a good thing because it shows they’re "authentic". They think of their dogs as status symbols and a pass when it comes to the upkeep of their homes, vehicles, and bodies.

    5)I have always had a love for Siamese cats. I once found an ad on CL for a disabled kitten with a deformed paw in the shape of a crab claw. Arrived at the place- a rancid, dilapidated trailer that upon opening the aluminum door, flooded the lawn with the biggest stampede of cats I’ve ever seen. I know better than this but I fell in love with this kitten instantly and wanted to save her. The fat slob bragged about how she’s had multiple kittens with this deformity and "they always sell like hotcakes, I love it."

    6) A husband responds to a dog on the couch by lifting him up in the air and throwing him onto the wooden floor with enough force to break his leg. He’s also taken his pre k kid’s sick cat and shot him for fun instead of going to the vet. Amongst many other incidents, the cruelest was when he shoved a dog into a wire crate (again, with so much force and indifference) the toes got caught in the wire and the nails got ripped out. Husband or not, it was her job to protect them, either by rehoming, alerting the authorities, or divorce. How does anyone condone that, much less continue to bring more innocent victims around him?

    7) They are usually the cause behind the groups of homeless cats, but sometimes dogs too. When the numbers get too high or they just want to dispose of an eyesore that has long since lost its novelty, they abandon them without a 2nd thought- except to worry about ASPCA tracing the animal back to them.

    8) They put these animals through so much discomfort and pain just to make the animal look and behave unnaturally: chalk for the fur, metal collars with inward-facing spikes to choke them if they pull. With bull breeds- feeding them supplements and large amounts of weight gaining food that’s healthy for ppl, not them.

    If you like a specific breed for whatever reason, just keep an eye out for a rescue. It doesn’t take long. Anyway, there needs to be more regulation/ oversight.

  4. TD Ameritrade Automatic Trading on August 3, 2022 at 5:41 am

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  5. Dinesh Chathuranga on August 3, 2022 at 5:42 am
  6. Emmanuel Espiritu Vlogs on August 3, 2022 at 5:44 am

    In the world full of stress, we need pets.

  7. John Okumu on August 3, 2022 at 5:48 am

    5:19 i do not trust the look that cat is giving. Something is up

  8. jascam1 on August 3, 2022 at 5:49 am

    Those individuals (Whites) who kiss their pets on the mouth, cuddle with them on their beds and couches are a different breed of humans. It’s not racial but more cultural, Blacks with pets tend to keep them in kennels outdoors or on a pet bed in the laundry room. At some point with all that cuddling and kissing you start to smell just like that pet and that is what we find offensive; your odor. Just keeping it real.

  9. Naufal Amirul on August 3, 2022 at 5:50 am

    Adopt, don’t shop!

  10. David Kafka on August 3, 2022 at 5:50 am

    Why aren’t we using more of this disponible income to help the impoverished in developing countries? We care so much about animal rights but then are OK with slave labor conditions for humans making the clothing for these pets. Americans would benefit from a more global perspective.

  11. SHADOW TIPS on August 3, 2022 at 5:50 am

    Doctor
    woof and nurse meow and their team are all cartoon character, created to help
    educated children and their caregivers about the proper care for pets

  12. Ethnos Synergy Energy on August 3, 2022 at 5:50 am

    Too bad animal welfare doesn’t apply to cows, pigs, and chickens. What double speak. I know people who love pets more than humans. It’s sickening. I wonder how much these pet owners give to human charities. It’s insanity!

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  14. Richie Tenenbaum on August 3, 2022 at 5:55 am

    I never owned a cat. However, my neighbor owns a cat named "Jynx" he’s an Italian guy, who is retired. He says that he used to be a florist…but I think he was something different, just a feeling I have. Anyway, he had this son-in-law named "Greg" a male nurse and one time Jynx ran off cause Greg left the door open. Greg, was so worried about upsetting his Father-in-law that he actually got a cat that looked like Jynx from the animal shelter and spray painted the cat’s tail to pass it off as Jynx. Well, that didn’t work and Jynx came back home, and Greg looked like a goof. If that isn’t bad enough, this all happened on the weekend where Greg’s fiancee’s sister was getting married.

  15. Dingane Nhaúle on August 3, 2022 at 5:57 am

    Jesus. Here in Africa it’s normal for dogs to go suicide. Dogs here for us its simple in most countries, we only spend money on food, going to the vet and maybe training the dog. That’s it, we don’t spend that much money on dogs. We tryna get this bread…

  16. Khurram Mazhar Amir on August 3, 2022 at 5:58 am

    Animals belong in the wild not enslaved by humans this pet addiction is destroying us as much its destroying them we cant learn to coexist so we have to cage them or leash them cause for the sake of BUSINESS WTF

  17. Joong Wook Choi on August 3, 2022 at 6:02 am

    How cute and adorable they are!

  18. Nanda Kishore on August 3, 2022 at 6:02 am

    More pets are living American dream than humans

  19. Krayz_1 Mitchell on August 3, 2022 at 6:03 am

    Yeah sure, domesticate all these dogs and cats. In no time they’ll all forget how to fend for themselves. Who said these cats and dogs wanted to be domesticated? You know what.. f it.. I’m just gonna find a way to earn a slice of that 72 billion.. keep buying pets and raise the market cap…

  20. box file123 on August 3, 2022 at 6:03 am

    waoooww

  21. Kristi on August 3, 2022 at 6:04 am

    Thank you Donald Trump

  22. Petit Francois on August 3, 2022 at 6:05 am

    —BELLA— 🙂

  23. Nice Hobby on August 3, 2022 at 6:06 am

    ………I love animals but…..if I was an animal, I’d rather die fast so I can be reborn as a proper human being.

  24. realjessewolfe on August 3, 2022 at 6:11 am

    I talk about my million dollar Pet Business on my YouTube show!

  25. Almamater8888 on August 3, 2022 at 6:12 am

    Pet ownership is a mental illness

  26. Peter Garcia on August 3, 2022 at 6:13 am

    A community health insurance is best for animals. The closer we grow as a community with pets. The more affordable it will be. They are also your live adorable investment.

  27. mdml on August 3, 2022 at 6:17 am

    when you get a pet the hardest thing you have to remember is you’re gonna have to get ready for it break your heart 15 or 20 yrs from now. A good way to teach children the feeling of losing a loved one.

  28. Peter Garcia on August 3, 2022 at 6:18 am

    America really shines in this situation. We all need a part of Americas in certain decisions all over the world. We can all consider ourselves an American.

  29. dalin zhou on August 3, 2022 at 6:19 am

    Hello, I come from China. Our company mainly produces pet products. Please contact me

  30. Taniko Kishimoto on August 3, 2022 at 6:20 am

    I’m enjoying my pets. I currently have two cats, one 18 years and one 13 years old. Having read a lot of the comments below, I need to note I do love children and I recognize that children and pets are not the same thing, and are not remotely equivalent. But, since I couldn’t have children – i am happy with pets. I enjoy other people’s children. And, for those here who say children are valuable because they will support you in your old age – depends very much on the child! Don’t depend on depending on that. In fact, I dare say if you "produce" a child just to have someone (thing?) to care for you in your dotage, the child most likely will not …

    As for adopt, don’t shop – agree with cats. With dogs – all breeds differ in temperament and other regards.. If you do adopt a dog, I’d still largely prefer to get a breed – some breeds are less compatible than others. But there are breed rescue organizations, seriously worthwhile to investigate. Now that I am retired, and can be home to make sure the dog gets out, and can get the care it needs, I plan to get one. No, none of my pets have / will have health insurance, and I am willing to let them "go" when the medical prognosis states I should.

    Note – in many cases, having a pet is not an either/or thing. You can have children and have pets. You can have pets and have children – and both are totally different! You can have pets and also do what you can to help the homeless and starving people in this country and in others. Sheesh.

  31. mic on August 3, 2022 at 6:20 am

    Imagine having to make dog food for a living

  32. ewlchen on August 3, 2022 at 6:24 am

    Fur babies deserve every single penny that we spend on them

  33. M3ta1 on August 3, 2022 at 6:26 am

    What about pigs? Let’s end speciesism.

  34. Rudy Castillo on August 3, 2022 at 6:26 am

    I feel like pets might go extinct

  35. zeeshan parvez on August 3, 2022 at 6:27 am

    They don’t belong with humans, they’re not for our entertainment

  36. Mohammed Ahmed Gaafarelkhalifa on August 3, 2022 at 6:31 am

    Wait pets HAVE shots you HAVE to pay for??? I wonder what did these poor animals do before the existence of crazy pet owners

  37. Tonia Nelson on August 3, 2022 at 6:31 am

    My family has three husky’s and one kitten. Our pets are members of our family. When one of us is sad they are there. When we come home each day they are at the door. They make us laugh and they give us unconditional love. I spend money on insurance, vets, food, toys, treats, medication and supplements because it’s the least I can do for them. I do it because they are important to us.

  38. Mohammed Ahmed Gaafarelkhalifa on August 3, 2022 at 6:33 am

    It is stupidly wasteful and spendy to own a pet. Absolute TOTAL nonsense. Way more cheaper and logical to watch them from afar while they are living their best life HAPPILY in the "wild" FREE and far from crazy pet owners. Also did I mention pets are not part of your family. For goodness sake they are not even in your specie. If your really get the itch, go adopt a human and make them part of your family. WOW!

  39. Don't Have a username on August 3, 2022 at 6:34 am

    everything in America is business

  40. Vietnam fun on August 3, 2022 at 6:34 am
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  42. Aneesh Prasobhan on August 3, 2022 at 6:37 am

    people are literally starving to death in underdeveloped countries

  43. Aman Tyagi on August 3, 2022 at 6:37 am

    Where I can download the research report? Please help

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