Posts Tagged ‘Pet Care Industry Statistics’

Pet Industry Statistics On 2007

Pet Food Industry Statistics

You will still have to research your options and find which pet industry statistics is right for you but pet businesses have been on an all time high and growing!

Pet lovers are everywhere and they enjoy spending money on their beloved pets on a regular basis. “When all the receipts are tallied, Americans will have spent $15.64 billion on pet food in 2007-approximately 44 percent of their total spending on PET CARE and products, according to Business Trend Analysts, a marketing research firm in Commack, N.Y.

Consequently, Business Trend Analysts predicts modest sales growth for dog food, cat food and other pet food in 2007.

Aspen Pet Industry Statistics

Aspen Pet Products, Inc. strives to develop innovative products that enhance the lives of pets and the families that love them.

• Pet spending has more than doubled from $17 billion in 1994 to a projected $35.9 billion for 2007, positioning the pet industry 60 percent larger than the toy industry ($20 billion) and 33 percent larger than the candy industry ($24 billion)
• Pet ownership is at an all time high, with 63% of all U.S. households owning a pet
• At the present time, it is estimated there are 73.9 million dogs, 90.5 million cats, 139 million freshwater fish and16.6 million birds in the U.S.
• 87% of pet owners reported that their pets are a good source of affection while 82% said having a pet makes them feel safer at home
• Women are the primary purchasers of pet products (78%) and the average age of people most likely to buy pet products is 46 years old

Aspen Pet Products’ story begins with a tree, a dog, and three men with a mission to make traveling with your dog, whether by foot or by car, an easier undertaking. With the initial invention of the EZ Hitch leash the company took off, and today collars and leashes account for over one-third of Aspen Pet’s revenue.

• Nine out of ten dog owners (93%) own a leash for their pet
• Among leash owners, 75% own nylon leashes, the material most preferred
• One out of ten leashes are made from chain or leather
• Currently 1% of leashes owned are reflective/illuminating, which are used more in multiple dog owning households and for medium and large sized dogs
• For two-thirds of leash owners, a new one is bought once every three or more years
• There has been a significant increase in the number of dog owners using a retractable leash from 35% in 2004 to 52% in 2007. Retractable leashes evidence more growth among owners of small and large sized dogs.
• In comparison, there has been a significant decline in the use of no-pull collars for dogs from 28% to 18% from 2004 to 2007
• Three out of ten (30%) dog owners have collars. Nylon is the fabric most preferred, noted by 56% of collar owners, followed by leather (20%) and cloth (15%)

Just thought you may e interested in reading this guide : Pets Insurance