Franchise Journal
JUNE 1, 2023
Unique in its resilience to economic recessions and downturns, in comparison to other consumer goods and services, the industry has held up remarkably well during recent market declines. Despite the financial crisis of 2008, the pet industry experienced a 5.1% economy, with a 16.2% growth compared to 4.3%. million jobs.
Franchise Journal
JUNE 1, 2024
The American Pet Products Association estimated that Americans spent over $30 billion on veterinary care for their pets in 2021, including routine checkups, surgeries, medications, and specialized treatments. Pet Services : Pet services such as grooming, boarding, training, and pet sitting have also seen steady growth.
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Franchise Journal
JUNE 1, 2024
The American Pet Products Association estimated that Americans spent over $30 billion on veterinary care for their pets in 2021, including routine checkups, surgeries, medications, and specialized treatments. Pet Services : Pet services such as grooming, boarding, training, and pet sitting have also seen steady growth.
Franchise Journal
JUNE 1, 2024
The American Pet Products Association estimated that Americans spent over $30 billion on veterinary care for their pets in 2021, including routine checkups, surgeries, medications, and specialized treatments. Pet Services : Pet services such as grooming, boarding, training, and pet sitting have also seen steady growth.
Franchise Journal
AUGUST 1, 2024
What began as a relatively modest retail-based sector in the 1960s has evolved into a multi-billion-dollar industry encompassing grooming, boarding, training, pet health, food delivery, and even pet services such as memorials and cremation. Economic Impact and Outlook As of the mid-2020s, the U.S.
Franchise Journal
JUNE 1, 2023
The pet industry in the United States is a thriving market, driven by the love and affection people have for their furry friends. According to the American Pet Products Association (APPA), Americans spent $103.6 billion on their pets in 2020, a significant increase from the $95.7 billion spent in 2019. million homes.
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