Skip to comments.At Least Americans Are Spending A Record $50.84 Billion On Pet Care
Posted on 11/02/2011 12:34:34 PM PDT by SeekAndFind
Despite the anemic state of affairs in the U.S., there's at least one industry un-phased by the economic picture: the pet business. It's absolutely booming.
From 1994 to 2010, the American Pet Products Association reports the industry jumped a whopping $31.53 billion dollars.
People will spend about $50.84 billion dollars on their pets in 2011 alone, estimates the association, up from $48.3 billion in 2010.
Granted, more people own animals than they used to back in 1994. Today, Americans care for about 377.41 million household pets, meaning there are 27 million more pets than humans in the U.S.
But the major animal spending hike, besides the fact there's more Sparkys out there, has to do with something we can all relate to: medical care.
Vets and medical supplies for animals have just gotten more expensive. Within the last year alone, people spent $1 billion more on vet care, and another half-billion on medicine, bringing the grand total to $25.51 billion.
(Excerpt) Read more at businessinsider.com ...
Most vets are major rip offs
Animals don’t have that evil streak as people do...well, excluding my own.
But I still spend the money on them. I think I’m their slave (somebody help me).
Count me in the chumps. I paid for cataract surgery for my Yorkie. Couldn’t bear him walking around bumping into things; blind at 6 years old.
Unemployed? Consider selling Dog Biscuit.
Better to be a dog in America than a kid in Somalia.
My theory is all the women who grew up during the height of the feminist movement in the 60s and 70s are all now childless spinsters with 14 cats.
My theory is many of the women who grew up during the height of the feminist movement in the 60s and 70s are now childless spinsters with 14 cats.
Our Vet at least dispenses medicine for our two dogs at
very little profit to himself. A number of OTC things at least wound up costing more at
COSTCO, for God’s sake.
Yeah, I will answer for my priorities. I have sponsored a child through World Vision for 15 years, and give to Shared Hope International every month, but I see your point.
Kids in Somalia aren’t my responsibility, I didn’t put them there, I didn’t screw up their country. Pets in my home are my responsibility, I put them there, I try not to let it get screwed up.
And that is why I started my Pet Sitting business! I have only one reservation open for the Christmas week. I’m booked pretty solid for the next 7 weeks!
I do still have 2 reservation slots available for Thanksgiving.
Plans for next spring include hiring one to two professional dog walkers.
That works out to $1/week average per household.
“Most vets are major rip offs”
Right you are al.
There is a trend today towards increasing profits at the expense of pets IMO. We encountered this new trend in the ‘90’s, and here is what we saw.
Old time Veterinarians we knew that could feel the animal, discern hot spots that could tell them precisely what the animal needed all of a sudden couldn’t be done anymore. NOPE, now all of a sudden the Vet that could look at the animal in the eye, and tell me such, and such a medicine would fix the little critter’s ailment yesterday now requires a $250.00 blood test, or urine test today.
Now they had to hold the animal over night to monitor it’s behavior, and of course run up costs to the owner of the pet.
What used to cost an office visit, and a prescription drug, now is the office visit, the second office visit when you return for your pet as well the cost of the monitoring over night, the tests that were run, and on, and on the list goes.
We searched and found an old time Vet that still practices the way he did over the many years, and we keep our costs down that way. We are back up now to 17 cats as we just took in a mother cat, and her two kittens so we can get them speyed, all females, four dogs, down to two horses, and the one Donkey we have left.
That’s what we encountered. The Vets are now hustlers for the big bucks.
The Vet we had been going to now owns a chain of Veterinary Hospitals since he started placing revenue over the Pets comfort, and health
RE: And that is why I started my Pet Sitting business!
And who’s going to sit your Pet Sitting business when you are out on vacation? LOL
My personal observations fit along with that, too. The pets fill in the void for the “I need something to take care of” niche where children used to be for many women. The invention of doggie purses (replacing baby slings) and pet strollers is proof of this.
But they taste so good.
Wow, you have an amazing website. I used to do a lot of housesitting and pet-sitting when I was in grad school. My fantasy is to also work for Galt :0) and go back to something like that, instead of slaving 12-18 hours a day to support the welfare state (on vacation now, THANK goodness).
Guilty as charged.
But happy to do so.
Well, the first time my beloved kitteh got sick, the vett saw me coming, I spent a fortune and even took the samples to the lab. The result, she got better on her own.
A friend gave me this advice:
If they are not physically injured such as a broken bone or bite or something, wait over night. Then if they don’t eat or are lethargic, then take em in. Cats are like a temperamental sports car so if they don’t eat, once, it’s not that big of a deal. Dogs, on the other hand, never refuse to eat so I’d be a little more worried.
Finally, if you have a vet you trust not to fleece you, take em in either way.
Oh yeah, California has implemented a scam though. You used to just give your dog heartworm medicine testing em the first time you give it and then assume it’s working afterwards, now, I think it’s every 6 months or year, you have to have them tested before they’ll sell you the meds.
Thank you. ;-) I spent 8 weeks learning to do it myself about this time last year. It has been a struggle this first year out of the gate, but I am finally turning the corner. The mentors in the profession told me to expect 3-5 years to turn a profit. Well...”we” did it in less than one.
That is soooo great!!!! Based on your website, I would completely hire you and we have 9 cats :0) (In AZ)
I can tell that you really care, and that’s how I was when I pet-sat, and am with my own beasties :0)
It amazes me that people who are not financially secure or independent choose to support an animal.
Good deal; good vet; good kitteh.
120,000,000 households (my estimate based households and average number of members from 2000 and 2008) at $1/week would be $6.24B.
I did that business with the kids when they were little. It got too big so I sold it.
People sort of chuckle at me when I tell them what I do...but it does Ok for now in a recession/depression. It took me 4 years to finally get the courage to take the jump. I am very happy I did.
Oh, wait...they're cats. Actually they are demanding overlords. But they're so darn cute!
You chuckle back at the snobs - all the way to the bank. :) When I sold that business it was earning me about $60k per year and that was nearly twenty years ago.
Heart worms are a product of banning DDT.
That’s added 100 bucks each to the cost of vet care for my animals.
Not mine, the guy is a saint.
Diet is a big part of why the animals are constantly at the vet’s. High amounts of dry processed “food” (and I use that term loosely) that is anything but biologically appropriate for their species causes a whole host of problems that are increasing by the year. I, for one, am grateful, though, that vet care has increased in quality to the extent that it has (although I wish more conventional vets knew what holistic vets know!)
We unabashedly consider our dogs family. As for the cockeyed theory about people who don’t have children being the one with pets, most people have both. Nuff said.
Very well said. Never fails that each time there’s an animal thread some here feel compelled to bring in the “poor children” issue. Unbelievable.
Our pets are family members so I’m not surprised at the amount of money spent on them.
Oops, I was off by a factor of 10. Make that $10/week. I need to find a government job before my brain retires.
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