Pet Ownership Statistics 2024 – Forbes Advisor

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Pet ownership in the U.S. has jumped significantly over the past three decades. As of 2024, 66% of U.S. households (86.9 million homes) own a pet.[1] That’s up from 56% in 1988, pet ownership…

Read More

Wet pet food continues to rise, especially for cats

Is dry pet food’s decades-long dominance on the wane? The popular, convenient product format is not going away anytime soon, but it’s taking on challenges, particularly wet pet food. In the US, dry pet food still enjoys a 60% market share, according to Packaged Facts’ latest report, “US Pet Market Update: Pet Food Focus, 2021.”…

Read More

ButcherBox is expanding into pet food market

It’s also a strategy to cope with a consumer who is simultaneously getting more frugal about the groceries they buy while eating out more than they were in the thick of the COVID pandemic. Salguero said that 2023 will be ButcherBox’s first year when revenues will shrink; the company laid off 15 employees last week….

Read More