Millennial Pet Ownership Surpasses Baby Boomer Ownership
Pet ownership, in general, is up, reported the American Pet Products Association (APPA). According to APPA’s 2017-2018 National Pet Owners Survey, 68 percent of American households now own a pet, accounting for 84.6 million pet-owning households, up from 79.7 million pet-owning households in 2015. Bob Vetere, president and CEO of the American Pet Products Association (APPA), shared new findings from APPA’s 2017-2018 National Pet Owners Survey at Global Pet Expo in Orlando, Fla.
The survey shows a new generation of pet owners contributing to the growth of pet ownership. Gen Y/millennial pet ownership has officially surpassed baby-boomer ownership by three percentage points to now account for 35 percent of all pet owners.
“Millennials may be the largest generation segment of pet owners in general, but they also account for more than half of reptile, small animal and saltwater fish owners,” said Vetere. “This is a very passionate, active and connected group, and it’s been very exciting to see the ways in which our industry is working to meet the demands of this powerful demographic.”
Data from the 2017-2018 APPA National Pet Owners Survey also reveals insight into how pet owners feel about their pets.
Some of the key personal statements include:
- 85 percent of owners believe pets are a good source of affection
- 82 percent agree that interacting with a pet can help them relax
- 81 percent are aware that owning a pet can be beneficial to their own health
- 81 percent feel unconditional love for their pet
- 61 percent feel buying a pet product made in the USA is important to them
New questions in the 2017-2018 Survey provide: data and trends in pet food and treats; data on raw and freeze-dried dog and cat food; limited-ingredient dog and cat food; grain-free and gluten-free dog and cat treats; grass treats for cats; trends in calming products for pets; trends in technology products; interactive feeders; pet doors with microchip sensors; and pet-monitoring systems/cameras.
“Our National Pet Owners Survey provides a tremendous amount of information that enables us all to better provide for the care of our pets,” said Vetere. “The latest Survey includes everything from percentage of owners buying gifts for their pets and most popular types of reptiles owned, to pets in the workplace and more.”
The 600 plus-page Survey is the industry’s most comprehensive resource providing insight into demographics, buying habits and other traits of owners of dogs, cats, fish, birds, reptiles, small animals and horses and is provided to APPA members as a member benefit.