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How Much Do You Spend on Your Pet?

Americans are spending billions on their pets and the amount keeps going up.

Chloe wears her Thundershirt to combat anxiety. Photo Credit: Danielle Masterson
Chloe wears her Thundershirt to combat anxiety. Photo Credit: Danielle Masterson
By Liz Taurasi

From more expensive, healthier food for Fido and Mittens, to veterinary insurance, health and wellness programs, pet sitting and specialty products, Americans are spending more on their pets than ever before.

Americans spent a record-high $55.7 billion on their pets last year, according to a report in the Boston Globe. That amount is expected to approach $60 billion in 2014. The information comes from a chief executive of the American Pet Products Association at the Global Pet Expo this week in Orlando, Fla.

Last year, more than 3,000 products aimed at your pet debuted at the expo—just to give you an idea of how big the market is when it comes to our four-legged friends.

What did pet owners spend the most on in 2013? Pet food. Consumers spent $21.57 billion for food last year and in many cases it was for more expensive and healthier fare, according to the report.

So we want to know. How much do you spend on your pet? What’s the most lavish item you’ve purchased for your four-legged friend? Tell us in the comments section below.
Bonnie Parker March 16, 2014 at 02:06 AM
My father owns a pet shop, and as such works with a number of veterinarians. Certainly none of them are starving, but they're not making a ton of money, either. Most vets become such because they love animals, and most people bitching about what they charge never took their pet to a vet until there was a dire need, and then act as though it's the vet's responsibility to absorb the cost of making their pet healthy. Wrong. It was their job to absorb the cost of KEEPING their pet healthy. You can't show up at the doctor's office with stage four cancer and scream "Well just FIX IT, YOU HEARTLESS BASTARDS!!!"
malcolm nichols March 16, 2014 at 11:11 AM
Are pets required to purchase Obamacare?
dan March 16, 2014 at 11:00 PM
www.save-our-pets-ma.org
B. Block March 17, 2014 at 09:10 AM
I agree with you BH. Veterinarians are making a killing! They are sales people first, and care givers second... They know that pet owners will go to any length to to provide for their animals that can't tell them what's going on... Vet charges have quadrupled in the last 40 years! My quick research shows that dogs aren't living any longer now than 40 years ago. That being said, I'm still gonna keep my gorgeous 7 year old Golden Retriever, Cleopatra....

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