Odds & Ends
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.
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