In an article at Time magazine, it was discovered that we spent about $56 billion on pet care and supplies last year. The figure was collected by the American Pet Products Association which has been tracking spending since the 1990s on pet care products. So, where does the money go? Well, most of it was for pet food that amounted to $22 billion, another $14 billion was spent on vet care, and $13 billion on pet supplies.
What does this mean? It can mean many things from exceptional care on our parts, better products that may cost a little more, and more pet owners. It could mean that companies are creating higher quality products that we buy for our pets, more services like dog daycares are available, or maybe we are being ripped off (joking). In all reality, it means that pet owners are making decisions to adequately care for the pets in their families, to budget and create a comfortable life for the pets, and are being responsible pet owners. But, boy, that amount of money is a lot!
To read the rest of the article, check it out here.