Sunday Morning on CBS, dedicated their show yesterday to pets and their owners. We love this show anyway, but yesterdays program was especially entertaining. They started throwing out some numbers on pet owners and how much they spend every year. So, since I am a pet, and rather pampered at that, I thought I would do a little research on my own.
I found some amazing statistics. The most surprising thing I learned was that pet ownership, and the money spent on pets, has gone up since the economy has gone down. But this actually makes sense. Pets relive stress for people. How can you be stressed when you have a snuggly dog on your lap, or a purring cat. Interacting with pets releases oxytocin in the human brain. That’s the chemical that relieves stress. And, like I wrote in a post before, dogs especially make you get out and exercise. And everyone knows exercise relieves stress and makes you feel better. Now for the numbers. There were 165 million pets in 2010. 73 Million households have pets. Thats 62%, in the US alone. That number is up from 56% in 1988. Dogs and cats are 3/4 of the pets owned. It’s estimated that $50.84 billion will be spent this year on pets. Thats up from $48.35 billion last year. In 2001 a mere $28.5 billion was spent. This is total for food, vet, boarding, grooming, clothes and accessories. 89% of pet owners say their pets are part of the family. Well, of course they do, we are. Not only do we relieve stress, studies have shown pet owners are healthier, with fewer trips to the Dr. And of course, pet owners are not lonely and we can combat depression too. So, thanks everyone for being great pet owners. I know I speak for myself, and all the other pets out there, when I say we appreciate you and all you do for us. Oh, and while your spending your share of that $50 billion, how about a cute Roxy Doggie Necklace for your best friend? ( shameless plug ) Hee-hee More statistics on this subject can be found on this great website. http://www.americanpetproducts.org/press_industrytrends.asp