When it comes to pets, the US is one of the largest pet markets in the world. Over 69% of Americans own a pet! When you see a figure like this, it is pretty easy to comprehend how much money is spent in the US by pet parents in a year.
It is over $31 Billion!
In 2006, nearly $12 billion was spent on pet food, compared to around $7 billion in 1996. So it’s evident that a pattern is forming, and the pet market doesn’t appear to be slowing down any time soon.
Here are the top 7 pet businesses that we noticed in 2021-22 that are doing well for themselves and offering services to American pet parents.
1. Chewy | Boston, MA
Many of Boston’s hot and upcoming eateries and burgeoning technological enterprises are located in the Fort Point neighborhood. Out of which, Chewy stands out from the rest.
Operated by an Indian-origin CEO, it is one of the most reliable and convenient online resources for pet parents (and partners) worldwide.
2. The Seattle Barkery | Seattle, WA
Dawn and Benjamin Ford began with one doggie treat truck in 2014 and have now expanded to three more. It also has a physical location now in Seattle. The bakery is on target to sell over 4,000 cakes in 2021-22, and their cakes are a visual joy.
The store has a walk-up window for pet owners and puppies on the go, and all “locations” have a Treat Chute to transport tasty morsels right into a dog’s mouth.
3. The Farmer’s Dog | New York, NY
The Farmer’s Dog was created to make it easier for every dog to live their best life. They started with redefining pet food regarding what it is and how it is prepared and supplied.
It is located in the middle of Greenwich Village, between Washington Square Park and New York University. They recently got funded and backed by many A-list investors like Warby Parker, Dollar Shave Club, Sweetgreen, and Glossier.
4. Paws On Chicon | Austin, TX
It is a one-of-a-kind store in Austin, where both puppies and customers get an incredible treatment from the get-go. Customers who visit Paws on Chicon for the first time, receive a handwritten note from the owner of the company, along with a coupon for a free doggy fro-yo.
A personal touch like this enables trust and rapport between the brand and the consumer. They recently recorded an increased sales of delectable, healthful goat milk treat to 600 servings each month.
5. Lucky Dog Pet Grocery & Bakery | Lawrence, KS
Located in Lawrence, this pet grocery and bakery instantly catches pet parents’ attention due to their whimsical front windows and exclusive customer experience.
Owned by Jennifer Thomas and Sarah Ybarra, they know how to have a good time, whether it’s curbside pickups with a human wearing a “cone of shame,” handmade birthday cakes with a yogurt-and-pencil pet painting on the box, or the annual Hairy Pawtter party.
They do it all to provide a genuinely happy experience for the pet owners and the pets. The company grew by 20% in 2020 as a result of this positive attitude and agility.
6. Wagging Tails Pet Resort & Spaw | Wolcott, CT
If you haven’t been to this resort yet, make a plan today! Wagging Tails Pet Resort & Spaw is set on 6 acres and has 5,000 square feet of turf, as well as the state’s only Ultimate Air Dogs 45-foot saltwater pool and 40-foot pier.
Customers come from all around Connecticut to board their dogs, while dock diving teams come from as far as Maine and Maryland to compete and train.
Krista Lofquist recently launched the “Try It!” sport during the pandemic. This attracted many pet parents to the sport, who paid $25 for 30 minutes of testing to check if their dog could leap.
7. PetIQ | Eagle, ID
PetIQ was formed out of a passion for animals and a desire to provide veterinarian-recommended pet goods made in the United States.
PetIQ offers pet prescription meds, over-the-counter flea and tick preventatives, health and wellness supplements, and dog and cat treat at a lower price than other brand names.
Conclusion
With innovations being launched in the pet industry every day, it is clear that the pet business landscape is still growing in the US. Over the next ten years, there will not be any slow down or saturation in the pet business market.
The businesses we listed above are handpicked by our team and can rejuvenate the pet industry in the US in the upcoming years.
What do you think about our list of top 7 pet businesses of 2021 in the US? Do you think we should include any other business in the list?
Share your thoughts with us in the comments below!