U.S. Pet Market Growth in Pandemic Era

U.S. Pet Market Growth in Pandemic Era

The impact of COVID-19 on the U.S. pet industry (products and services) was nothing like what seemed unavoidable during the early months of the pandemic. Instead, 2020 turned out to be a banner year for the pet industry, with overall sales growth of 9.3%, well above the 2014-2019 compound annual growth rate of 5.4%

Sales growth brought total U.S. pet industry sales to $107.3 billion in 2020, confirming the pet industry’s reputation for being recession resistance. 

The market’s perf…

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