# Global pet industry and ownership trends

> Live situation record from CLSTR: https://clstr.news/situations/global-pet-industry-and-ownership-trends
> Updated: 2026-09-27T03:09:55.000Z. Sources: 7. Developments: 2.

Global pet ownership involves significant financial commitments. In the United States, annual spending on pets is approximately $168 billion, with pet food representing about one-third of that total. There is a notable trend toward fresh pet food, including minimally processed, raw, or freeze-dried diets. In Australia, owners spend up to $377 per month, primarily on food and insurance, with many continuing to prioritize care despite rising costs.

In the US, the industry is experiencing a shift toward cat ownership, which grew by 5% in 2025. This trend is linked to the affordability of cat care and suitability for smaller living spaces. While dog food sales have seen a decline, companies like General Mills have reported double-digit growth in cat food sales. Additionally, the pet services sector—encompassing grooming, boarding, and training—is expanding, with spending projected to reach $14.9 billion in 2026.

## Timeline

### 2026-09-27: US pet industry sees growth in cat ownership and services

Cat ownership and pet service spending are driving growth in the US pet industry, with cat-related sales rising as total industry spending reached $158 billion in 2025.

5 sources. https://clstr.news/cluster/us-pet-industry-sees-growth-in-cat-ownership-and-services

### 2026-09-23: Pet ownership costs and food trends rise in US and Australia

Pet owners in the US and Australia face significant costs, with Americans spending $168 billion annually and Australians spending up to $377 monthly on pets, driven largely by food and insurance.

2 sources. https://clstr.news/cluster/pet-ownership-costs-and-food-trends-rise-in-us-and-australia

---
Cite as: Global pet industry and ownership trends. CLSTR, https://clstr.news/situations/global-pet-industry-and-ownership-trends