Dog Adoption & Ownership Statistics. 71% of pet owners let their pet sleep in their beds (Harris Poll). The market has been rising at an average annual growth rate of almost 24.2 percent from 2016 to 2020. US pet owners spend over $50 billion per annum on their pets. The company’s survey found that almost three-quarters of animal owners do not have pet insurance. Wondering what the most common pets are around the world? In the United States alone, it is estimated that 68% of the homes contain at least one pet. According to the 2019-2020 National Pet Owners Survey conducted by the American Pet Products Association (APPA), 67% of U.S. households own a pet. In 2020 average annual premiums reported by NAPHIA for dog insurance were $218 for accident-only coverage, which includes care for foreign body ingestion, lacerations, motor vehicle accidents, poisoning and other injuries. It has been said that a house is not a home without a pet. An estimated 6.1% compounded annual growth rate (CAGR), will catapult that figure to $350 billion by 2027. While pet population estimates amid pandemic, economic, and job market disruptions are necessarily tentative, Packaged Facts currently projects 4% growth in the pet ownership households base in 2020. 95% of pet owners consider their pet to be family (Harris Poll). Please contact Packaged Facts' Communications Manager Daniel Granderson at [email protected] to request the report executive summary. Field dates for the Winter 2019/20 survey were between January 20, 2019 and March 18, 2020, and represent a sample of 25,020 U.S. adults (age … Pet Ownership Trends. In North America, Veterinary Pet Insurance Co., a subsidiary of Nationwide, sold its first pet insurance policy in 1982 to cover the dog playing Lassie on television. Pet Ownership Statistics RSS Find out the latest information on pet population and ownership trends for dogs, cats, birds and exotic companion animal ownership worldwide. Average annual premiums for accident and illness were $594, which covers accident-only benefits, plus illnesses such as cancer, infections, digestive problems and other illnesses. Healthy pet treats . By 2020, the predicted growth of pet care services revenue, is $297 million. 26% of UK adults have a cat with an estimated population of 10.9 million pet cats 24% of the UK adult population have a dog with an estimated population of 10.1 million pet dogs Please sign in to access member exclusive content. Close to 60% of households with incomes of more than $80,000 a year have pets compared with 36% of households with incomes less than $20,000. Over half (56%) of U.S. households keep pets, and dogs are by far the most popular companions. Find out interesting pet facts and statistics with our comprehensive guide. animal, including veterinary records, acquisition papers, the purchase date and other records that prove ownership of the dangerous wild animal; applicant shall present proof of liability insurance in an amount of not less than $300,000 with a deductible of not more than $250 No matter how cute the pets, they cost money. 77% of millennials prefer to buy pet supplies online. Kept by 40% of households, dog ownership rates have grown exponentially over the past ten years. All Rights Reserved. Pet ownership was lowest among Black-African American households (36.9%). 61% of US pet owners will pay more for foods to target pets’ dietary needs. While pet population estimates amid pandemic, economic, and job market disruptions are necessarily tentative, Packaged Facts currently projects 4% growth in the pet ownership households base in 2020. HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://www.packagedfacts.com/Pet-Population-Ownership-Trends-Dogs-Cats-Pets-Edition-13372632/. The growth in pet population is good news for the European economy with the pet care sector contributing a significant turnover of €36.5 billion. Shelters, nonprofit rescues, private breeders, pet … (1) Includes food, supplies and over-the-counter medicine, veterinary care, live animal purchases and grooming and boarding. The US pet industry, as a whole, is worth $75 billion. To put it into perspective - that’s a whopping 85 million families! Charts, Charts, and More Dog Owner Statistics Charts! This growth will bring the total number of pet-owning households in the U.S. to nearly 71 million. The pet industry is one of the largest in the world, with the majority of its $95 … The report offers an in-depth examination about how important trends have affected who pet owners are, the types of pets they acquire, and what they purchase for their pets. Pet birds, however, have seen a 10% decline in the region bringing the total population to 35.4 million. The expenses listed above are not all inclusive and each category was asked separately of the survey participant. (Zulily) Online pet spending statistics tell us that … Most states include plenty of pet parents, but there are some differences in pet ownership depending on where you look. When we’re considering pet expenditure in the United States, it’s definitely worth taking … Of these states, Idaho has the highest dog ownership rate at 58.3%, followed by Montana with 51.9% and West Virginia with 51.6%. (The American Pet Products Association). Packaged Facts expects robust growth in the number of dog-owning households as well as cat-owning households, who in combination make up 96% of pet-owning households overall. People in large homes also have the highest rate of pet ownership. Discover pet statistics from America and around the world, ranging from things like pet population, pet ownership, pet shelters, most popular pets, and even pet adoption. Pet types analyzed in the report include: Packaged Facts, a division of MarketResearch.com, publishes market intelligence on a wide range of consumer market topics, including consumer demographics and shopper insights, consumer financial products and services, consumer goods and retailing, and pet products and services. The coronavirus crisis has led to thousands of animals being left to die as people were evacuated in … Dogs continue to be the most popular pet in the U.S. with over … As you can tell, dogs are popular pets! The Key Pet Industry Statistics in Review It’s estimated the US pet industry reached $99 billion in 2020. Female dogs usually have one or two litters yearly and an average of 4–6 puppies per litter. For more essential insights from Packaged Facts be sure to follow us on Twitter (@packaged_facts), LinkedIn, and YouTube. Deductibles vary as well, and many plans exclude preexisting conditions but some add exclusions for congenital conditions, cancer treatments or other issues. What began in mid-March as a sudden surge in demand had, as of mid-July, become a bona fide sales boom. According to the Society of Actuaries, policies are not standardized as some plans include routine health maintenance, diagnostic tests, lab fees or prescriptions. Data via Global Market Insights (2021) In the US, the pet industry is currently worth $99.0 billion; up from $95.7 billion in 2020. This represents roughly 19% of pet-owning households overall, or nearly 13 million. Table Overview of Pet Acquisition in 2020 Among Current Pet Owners: By Generational Cohort, (percent of current pet owners who've had pets 2+ years) Acquisition by Type of Pet. Dogs represented 83 percent of in-force gross written premium in 2020. According to NAPHIA, there are 20 pet insurance companies in North America, ranging from Nationwide, the first insurer to offer pet insurance and the top writer of pet insurance, to insurtech Lemonade. That number is currently on the rise. In 1988, the first year the survey was conducted, 56% of U.S. households owned a … Overall, 47% of German households included a pet in 2020, an increase of nearly one million animals over 2019. Pet ownership boosts the European economy. This is up from 56 percent of U.S. households in 1988, the first year the survey was conducted. Source: American Pet Products Association's 2017-2018 National Pet Owners Survey. Number of U.S. Specific segments of the pet industry are experiencing significant growth and here is a list of some pet industry statistics in 2020. Dublin, Jan. 01, 2020 (GLOBE NEWSWIRE) -- The "Pet Population and Ownership Trends in the U.S: Dogs, Cats, and Other Pets, 3rd Edition" report has been added to … Media Contact: [email protected] Report Purchases: [email protected], Cision Distribution 888-776-0942 Purchase the report by visiting: https://www.packagedfacts.com/Pet-Population-Ownership-Trends-Dogs-Cats-Pets-Edition-13372632/. Many pet owners decided to forgo pet insurance, according to Liberty Mutual Insurance. For cats, annual premiums for accident and illness coverage are about 40 percent less. During the COVID-19 pandemic, nearly one in three (30 percent) of Americans adopted a pet, according to the Insurance Research Council’s October 2020 report, Consumer Responses to the Pandemic and Implications for Insurance. Millennial pet owners are the most likely to dress up their pets (31% vs 19% for Gen X and 14% for Baby Boomers) (Harris Poll). After pet food and treats, veterinary care and product sales had the highest revenue at $27.7 billion, $29.3 billion, and $30.2 billion for 2018, 2019, and 2020, respectively. Source: American Pet Products Association's 2019-2020 National Pet Owners Survey. By 2019, the pet food market was worth $36.9 billion, and the projection for 2020 will reach $38.4 billion. ROCKVILLE, Md., Aug. 27, 2020 /PRNewswire/ -- More than half (54%) of American households have pets, according to research published in the recent Packaged Facts market research report Pet Population and Ownership Trends in the U.S.: Dogs, Cats, and Other Pets, 4th Edition, representing a total of almost 68 million households. According to their Pet Ownership Statistics study, there are actually 85 million households in the US keeping pets, which means 67% of American homes included a pet in 2020: (Image Source: Spots.com. Dog owners spend $73 a year on grooming. According to American Pet Products Association’s 2019/20 National Pet Owners Survey, just over 60 million households in the US own dogs, with almost 90 million pet dogs in total. 2019-2020 APPA National Pet Owners Survey Statistics: Pet Ownership & Annual Expenses According to the 2019-2020 APPA National Pet Owners Survey, 67% of U.S. households own a pet, which equates to 84.9 millions homes. from 8 AM - 9 PM ET. Globally, the pet care market has grown from $216 billion in 2020 to $232 billion in 2021. (K9 of … Reports can be purchased at our company website and are also available through MarketResearch.com. Dog Owners. In fact, pet ownership rates increase with household income. Packaged Facts Analyst Weighs in on Oatly IPO... Pandemic Notwithstanding, U.S. Pet Market Surges Past $100... Small mammals (i.e., rabbits and hamsters). This is up from 56 percent of U.S. households in 1988, the first year the survey was conducted. (NRF; … The North American Pet Health Insurance Association (NAPHIA) reported that the pet health insurance sector for the United States posted gross written premiums of $1.99 billion in 2020, up 27.5 percent from $1.56 billion in 2019. Field dates for the Winter 2019/20 survey were between January 20, 2019 and March 18, 2020, and represent a sample of 25,020 U.S. adults (age 18+), 13,848 pet owners, 10,151 … (2) Estimate. Facts about Pet Ownership in the U.S.: It's estimated that 78 million dogs and 85.8 million cats are owned in the United States. Top Pet Statistics: In 2021 alone , more than 110 pets have died from being poisoned from pet … Approximately 44% of all households in the United States have a … Pet treats are now being made with bolder, authentic and complex flavours. Our February 2020 findings showed that: 51% of UK adults own a pet. (1) APPA does not ask survey participants how much in total they spend on their dog or cats annually. Kanawha-Charleston Humane Association is committed to saving the lives of animals through sheltering, adoption, foster care, spay and neuter programs, cruelty prevention, and community outreach. Cost of Owning a Pet. The states with the lowest rates of pet ownership are: In turn, 24% (30 million) have pet cats, with household ownership for cats hovering around that range over the last decade. Currently, by type of pet, 39% (49 million) have pet dogs, up from 36% in 2009. Pet Ownership by State. The total number of pets insured reached 3.1 million at year-end 2020. Statistics Finding homes for our furry friends every day. We assume it’s because of … When typing in this field, a list of search results will appear and be automatically updated as you type. However, because these formulas use sample survey data, they should not be considered 100% accurate. Blue Buffalo. © Copyright 2021, Insurance Information Institute, Inc. Roughly a tenth of American households have pets other than dogs or cats—including pet fish, birds, reptiles, hamsters, and rabbits. Vermont has the highest rate of cat ownership at 44.6%. U.S. pet ownership statistics indicate Americans pamper their pets with special holiday gifts. It seems that a growing number of people take the popular saying to heart. The pet insurance industry got its start almost a century ago in Sweden where about half that country’s pets are now insured. Statistics prove that pet ownership is at an all-time high and the numbers just keep increasing as does the love for our four legged canines and felines.. Pet Population and Ownership Trends in the U.S.: Dogs, Cats, and Other Pets, 4th Edition is now on sale. Read More. Households That Own a Pet, by Type of Animal, Total Number Of Pets Owned In The United States, By Type Of Animal, Total U.S. Pet Industry Expenditures, 2010-2019 (1), Basic Annual Expenses for Dogs and Cats (1), North American Pet Health Insurance Association. Packaged Facts also offers a full range of custom research services. Sixty-seven percent of U.S. households, or about 85 million families, own a pet, according to the 2019-2020 National Pet Owners Survey conducted by the American Pet Products Association (APPA). A major driver of pet ownership rates increase with household income of one! Ownership Trends in the U.S.: dogs, up from 56 percent of U.S. households in the United alone!, birds, however, because these formulas use sample survey data, they cost money: https //www.packagedfacts.com/Pet-Population-Ownership-Trends-Dogs-Cats-Pets-Edition-13372632/. Dogs usually have one or two litters yearly and an average annual rate. 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