Money Spent on Pets Globally This Year
CURRENT TOTAL
Live Counter Notable Facts
(Data shown in the table is for 2025. Counter shows current estimate)
Annual Spending
Daily Spending
Projected 2030
Understanding Money Spent on Pets Globally This Year
This counter tracks global spending on pets, which has grown to $380 billion annually. The pet industry encompasses food, veterinary care, supplies, grooming, and services.
Approximately 70% of U.S. households own a pet, with dogs and cats being the most popular. The humanization of pets has driven premium spending on organic food, boutique services, and advanced healthcare.
The global pet population exceeds 900 million dogs and cats combined, with growing pet ownership in emerging markets driving industry expansion.
The Pet Economy Boom
- Pet food remains the largest category at approximately 40% of spending, followed by veterinary care (25%), supplies (20%), and services (15%).
- Premium and natural pet food brands have grown to represent 45% of the pet food market, reflecting owner desire for healthier options.
- Pet insurance adoption has increased dramatically, with the market growing 20% annually as veterinary costs rise.
- The 'pet parent' mentality has spawned industries from pet psychology to luxury pet hotels, with spending per pet increasing 10% annually.
Spending by Category
- Pet food: $152 billion (40%)
- Veterinary care: $95 billion (25%)
- Supplies/accessories: $76 billion (20%)
- Services (grooming, boarding): $57 billion (15%)
Top Pet Markets
- United States: $136 billion
- China: $55 billion
- Europe: $52 billion
- Rest of World: $137 billion
Data Sources and References
Methodology and Data Collection
Spending data is compiled from the American Pet Products Association and Bloomberg Intelligence.
The per-second rate is calculated by dividing $380 billion annual spending by 31,536,000 seconds per year.
Frequently Asked QuestionsAbout Money Spent on Pets Globally This Year
Global pet spending exceeds $380 billion annually, or approximately $1.04 billion per day. The industry is projected to reach $500 billion by 2030.
Pet food is the largest category at 40% of spending ($152 billion), followed by veterinary care (25%), supplies and accessories (20%), and services like grooming and boarding (15%).
The United States leads global pet spending at $136 billion annually, followed by China ($55 billion) and Europe collectively ($52 billion).