August 6, 2024
(press release)
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Despite economic pressures, pet owners increase spending, with health and quality time their top priorities. STAMFORD, CONN (August 6, 2024) – The American Pet Products Association (APPA) has released the 2024 Dog and Cat Report: Strategic Insights from the National Pet Owners Survey, its second pet owner insights report this year. The report by the leading trade association for the pet industry features the latest research and insights on the two largest segments of the pet industry, dog and cat owners. APPA’s 2024 Dog and Cat Report provides more than 200 pages of comprehensive analysis and visuals on owner shopping trends, sentiment, demographics and behaviors with dedicated modules for dog and cat owners. Trends from the report show a demonstrated shift in how pet owners choose to interact with and care for their pets, emphasizing health care concerns and quality time as top priorities. “As the leading voice for the pet products industry, our findings both confirm evolving trends and reveal surprising shifts in how pet owners bond with and care for their pets,” said APPA President and CEO Peter Scott. “The data shows us that despite economic pressures, the majority of pet owners continue to spend on their pets.” Five key findings from the report include: “The enduring emotional connection between humans and their pets remains deep. With that said, we were surprised and eager to see the increased pet owner prioritization and concern over the health of their pets, whether that be obesity, anxiety or overall wellness. It indicates that pets’ quality of life has become a top priority for owners,” added Scott. “As an overwhelming majority believe that their pets bring them happiness and emotional support, increased quality time spent and travel with pets follow suit.” The American Pet Products Association is a membership organization serving the pet industry through services and programs designed to help its members prosper. Since 1988, APPA has published the APPA National Pet Owners Survey, the premier resource of its kind, providing in-depth data on consumer behavior. Now conducted annually, the APPA National Pet Owners Survey will monitor consumer habits, identify short- and long-term trends and discover new opportunities in pet ownership, pet product and service consumption across four APPA Research Insights Reports produced quarterly, including State of the Industry, Dog & Cat, Fish & Reptiles and Horse, Birds & Small Animals. For more information about APPA’s available market research, visit https://americanpetproducts.org/research-insights. Complementary media access is available upon request.
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