5 May 2018 Pet Product News International
CON TINUED ON PAGE 12
AMERICANS SPENT NEARLY $70 BILLION ON PETS IN 2017
Overall spending in the pet industry is higher than ever before, with $69.51 billion spent in 2017, according
to the American Pet Products Association (APPA).
The 2017 pet industry spending numbers surpass the previous year by nearly $3 billion ($66.75 billion
spent in 2016), a 4 percent growth. APPA’s annual comprehensive industry report covers pet spending in
the market categories of food, supplies/over-the-counter (OTC) medications, veterinary care, live animal
purchases and other services.
Spending on pet food continues to be the highest source of dollars spent, with spending on dog food,
specifically, making up a majority of sales, according to APPA. Interest in high-end, premium pet food and
treats continues to be a key driver for increased spending in the pet food category, but as owners increasingly value-shop for these items, total food-spending growth continues to slow down.
Veterinary care spending
remains the second-highest
source of spending in the pet
industry at $17.07 billion, up 7
percent from 2016. A 6. 9 percent growth is anticipated in
2018, exceeding growth estimates for any other category,
putting veterinary care spending at more than $18 billion by
the end of the year.
The third-highest source
of spending is in supplies and
OTC medications. According
to the survey, $15.11 billion
was spent on items such as
beds, collars, leashes, toys,
travel items, clothing, food and
water bowls, and other accessories in 2017.
The category that saw one
of the highest growth percentages this past year was “other
services,” which includes pet
services outside of health care
such as grooming, boarding,
walking, training, pet sitting,
yard services and more. It came
in at $6.16 billion in 2017—up
6. 9 percent from 2016.
Live animal purchases, for
the first time in four years, has
not declined, but rather remained steady at $2.1 billion
CENTRAL GARDEN &
PET JOINS FORCES
WITH CASCO PET
Central Garden & Pet Co., a
Walnut Creek, Calif.-based
producer and distributor of
branded and private label
products for the lawn and garden and pet supplies markets,
has partnered with Casco Pet
in the U.S. Casco Pet offers
quality aquatic, reptile, small
animal and pet bird retail merchandising solutions.
Through the partnership,
Central Garden & Pet and Casco Pet are unifying to become
the singular solution provider
for retailers across the aquatic,
reptile, small animal and pet
bird categories, said company
The companies’ combined
retail expertise will offer fully
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