APPA Revealed New Annual Industry-wide Spending Figures

March 21, 2019

The American Pet Products Association (APPA) announced new annual industry-wide spending figures, exceeding last year’s spending by more than $3 billion, at Global Pet Expo. Pet care spending in 2018 reached a record-breaking high of $72.56 billion, an increase of 4 percent from 2017. APPA’s figures cover pet spending in the market categories of food ($30.32 billion, +4.3 percent), supplies/over-the-counter medications ($16.01 billion, +6 percent), veterinary care ($18.11 billion, +6.1 percent), live animal purchases ($2.01 billion, -4.3 percent) and other services ($6.11 billion, -0.8 percent).

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