Pet Industry Spending at All-Time High

The American Pet Products Association (APPA), announced that overall spending in the pet industry for 2014 exceeded $58 billion. The spending figures are part of APPA's annual comprehensive report that covers pet spending in the segments: food, supplies/over-the-counter medications, veterinary care, live animal purchase and other services. 

Pet services, which includes grooming, boarding, walking, training, daycare and event spa services for pets saw the largest growth with veterinary care spending coming in as the second largest growth. But the food category is the leading source of dollars spent within the industry as pet owners become increasingly aware of the quality and source of food given to their animal companions. 

Get the full report at www.americanpetproducts.org