As a pet business owner, you need to keep your finger on the pulse of the latest industry trends. By understanding what pet owners want for their pets—and what they’re willing to spend their hard-earned dollars on—you can adapt your products and services to fit those preferences.

In this guide, we’ll explore some of the top pet industry trends and examples to help you determine how to apply them to your business. To get started, here are some statistics to sum up the current state of the pet industry.

Thriving businesses harness the power of trends—and Gingr can help you do just that. Boost your reach, revenue, and more with our pet business software. Book a demo!

State of the Pet Industry: Key Statistics

Based on data from 2018 to 2023, the pet industry is in a good spot—in fact, it's on an upward trajectory:

Statistics about the pet industry (detailed in text below).

  • Overall spending in the U.S. pet marketing amounted to a staggering $147 billion in 2023.
  • Food and treats still earn the highest share of consumer spending in this market.
  • 82 million American households (66%) own at least one pet.
  • 32% of pet owners are Millennials, making them the largest generational cohort in this segment and demonstrating slow generational shifts in pet ownership.
  • 51% of pet owners consider their furry friends to be as much a part of their families as human family members.
  • The global pet industry is projected to grow to nearly $500 billion by 2030.

These trends demonstrate a growing demand for pet care products, increases in pet ownership in general, and gradual shifts in which generations constitute pet industry consumers. 

6 Pet Trends to Pay Attention To 

Now that you understand the general state of the pet industry, let’s cover some of the trending topics, values, and products in the space.

1. Sustainable and Eco-Friendly Products

Since environmental awareness has grown, pet owners are increasingly seeking sustainable, eco-friendly products. This includes:

  • Biodegradable toys
  • Organic food options
  • Eco-friendly grooming products
  • Products made from recycled materials, like paper cat litter

Additionally, consumers are looking at labels for popular certifications that show that the company is dedicated to sustainability, ethics, and protecting the environment. These might include the Upcycled Food Certification, USDA Certified Organic, or Marine Stewardship Council certified, among others.

Example of This Trend

Only Natural Pet offers high-quality food, treats, supplements, flea and tick treatments, and supplies for cats and dogs. The brand is an experienced expert in natural and sustainable food and pet products. 

In addition to making pledges regarding honesty and sustainability to its consumers, Only Natural Pet is B Corp Certified. To achieve this certification, businesses must meet the highest standards for their social and environmental practices related to areas like business governance, employees, and the environment. Only Natural Pet releases public reports and their social and environmental performance to maintain its status.

2. Pet Health and Wellness

There is a growing focus on pet health, including preventive care. Expect more demand for:

  • Supplements like probiotics
  • Specialized diets, such as fresh or freeze-dried food
  • Fitness trackers designed specifically for pets
  • Previously niche products like pet toothbrushes

It’s clear that pet owners want their furry, feathered, and scaly friends to be with them as long as possible and to feel their best.

Example of This Trend

Zesty Paws is an entire brand built on offering supplements to cats and dogs. The supplement line is designed to support pets’ long-term health, focusing on areas like immune support, behavior, hip and joint support, and gut health. Supplements reassure pet owners that their four-legged friends are getting all of the vitamins and nutrients they need to thrive.

3. Luxury Pet Care Items and Services

As pets are increasingly seen as family members, there is currently a rise in luxury pet services. These include:

  • Luxury pet carriers
  • Fancy grooming products
  • High-end pet spas
  • Boutique pet hotels
  • Gourmet pet food services

In addition to supporting their pets’ health, owners want to ensure their animals live comfortable, enjoyable lives. They’re willing to spend on luxury services to remove stressors from their pets’ lives and treat them as they would a human family member.

Example of This Trend

Outdoor cat enclosures, or catios, make it possible for cats to get time outside without jeopardizing their safety (or the safety of local birds!). These enclosures are often highly customizable, and owners can add all kinds of bells and whistles to make the structure as comfortable and engaging as possible.

4. Customized Products

Customized products that cater to the unique needs of individual pets are becoming more popular. To pet owners, their dog, cat, lizard, bunny, or fish is one in a million, and they want products that reflect this, such as:

  • Personalized pet food formulas
  • Custom-fit harnesses and collars
  • Personalized toys, beds, and apparel 
  • Customized apparel and products for pet owners

These products can also help owners integrate their pets into more areas of their lives. For example, maybe they want pet harnesses in their favorite color or foods that align with their personal beliefs and standards.

Example of This Trend

Pet owners can create custom pet beds with the service Cuddl. They can select the size, type, fabric print and color, and trim color of the bed. Plus, they can add their pet’s name for additional personalization. Owners who like to blend pet supplies with their other home décor will appreciate these types of products.

5. Technological Advancements

Technology plays a significant role in pet care, and recent advancements make it possible for owners to level up their pet care practices even when they aren’t home. Consider recent advancements in:

  • Pet tracking devices like collar tags and cameras
  • Automated feeders
  • Automatic litter boxes
  • Interactive toys that can be controlled via smartphones

These products can also take the burden of certain unpleasant tasks off pet owners’ shoulders. This improves the overall pet-owning experience while ensuring important jobs still get done.

Example of This Trend

The Wickedbone toy comes with an app owners can use to control the toy. Additionally, when it’s set to “Interactive” mode, the toy will simply respond to what pets do while playing with it. This can keep animals entertained and motivate them to exercise even when owners aren’t present, making it great for busy professionals.

6. Humanization of Pets

The sentiment of treating pets like family members influences a variety of product and service offerings in the pet industry, from fashion to furniture designed specifically for pets. These trends showcase the dynamic nature of the pet industry and the ongoing commitment to enhancing the lives of pets and their owners.

There is still plenty of room for creativity and innovation in this category. Your business could have the next product or service that appeals to pet owners, so start brainstorming. Or, maybe you simply work this trend into your marketing strategy and brand message.

Example of This Trend

You may have heard of pet influencers, or petfluencers, before. These are famous pets that owners showcase online to promote products and services they love. Typically, their viewers enjoy pet influencers for their quirky personalities and come to trust their opinions on pet products—and it doesn’t hurt that the subjects are adorable!

Check out a couple of the most popular petfluencers, Doug the Pug and Nala Cat:

 

Wrapping Up

These trends all tie back to one overarching theme: people see their pets as an integral part of their lives that is fundamental to their happiness. This means they want the products and services that will keep their pets as happy and healthy as possible, for as long as possible—and they’re willing to pay top dollar for them.

This year, keep these trends in mind when serving your pet care business’s clients. Take advantage of pet business software like Gingr to deliver top-of-the-line, personalized services without sacrificing efficiency or your bottom line. These additional resources from our blog can also help you incorporate industry trends into your business:

Keeping up with the trends doesn’t have to be hard. Maximize efficiency, deepen relationships, and boost your bottom line with Gingr. Book a demo!