Sunday, August 10, 2014

The Pet Market Goes BOOM

Americans own 395 million pets. 96 million cats and 83 million dogs.

Americans have spent nearly 7 billion, yes billion, dollars on high-end dog food alone.

Less then 1 percent of the 180 million cats and dogs in the United States are currently insured.

Pet insurance companies generated nearly $500 million in annual premiums in 2013 alone.

No comments:

Post a Comment