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Pet Franchises – A $41 Billion Market – FranchiseGenius.com Blog

Pet Franchises – A $41 Billion Market

For many pet owners, their pet is almost as important as any other (human) family member and is treated accordingly.  As such, pet owners collectively spend a fortune each year keeping their pets fed, sheltered, groomed, healthy, and entertained.  There is a pet franchise for just about every pet niche you can imagine and you’ll find many of these listed at FranchiseGenius.com.

Here are a few pet stats to give you a flavor of the size and scope of the pet market:

* $41 Billion is spent each year on the care of pets.
* 69 million households in the United States have pets.
* 47% of pet owners own more than one pet.
* Over 60% of pet owners have dogs.