Packaged Facts recently released the 3rd edition of its Pet Care Services in the US report. I haven’t seen any online summaries of the report yet, but I could glean a few insights from the table of contents available online. Total expenditures on pet care services in 2008 reached $23 Billion, hitting a 10 year high. Veterinary services are the fastest growing sector within pet services, with the increase in pet obesity with its health consequences as well as increasing numbers of geriatric pets helping to fuel this growth. The number of households owning cats and dogs also continues to increase.
The report also covers changes in the structure of the pet services industry, increased corporate presence, more workers, and the growth of franchising. Details about expenditures by service type, pet owner demographics and speculation about the impact of the recession on spending are also included in the full report, which is available in a variety of formats on the Packaged Facts site.
