It's no secret that the pet industry has exploded in recent years. A study by the American Pet Products Manufacturers Association (APPMA) shows just how much the industry has grown.
According to the 2007-2008 National Pet Owners Survey, 63% of U.S. households own a pet, which equates to 71.1 millions homes.
In 1988, the first year the survey was conducted, 56% of U.S. households owned a pet as compared to 63% in 2006.
Breakdown of pet ownership in the U.S. according to the 2007-2008 National Pet Owners Survey:
Number of U.S. Households that Own a Pet (millions)
Freshwater Fish 14.2
Saltwater Fish .8
Small Animal 6.0
Total Number of Pets Owned in the U.S. (millions)
Freshwater Fish 142.0
Saltwater Fish 9.6
Small Animal 24.3
* Ownership statistics are gathered from APPMA’s 2007/2008 National Pet Owners
What is interesting is that there are more homes that own dogs, but overall more cats are owned. So, for a majority of people who own a cat, they have more then one. Another interesting study would be the average and median of how many pets are owned per household that has at least one.
Pet industry, pets
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