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This question is about pet industry statistics.
The pet industry is worth $222.93 billion. This is in reference to the global pet industry, and it's expected to grow in value over the next seven years, reaching $325.74 billion in 2028. This would result in a CAGR of 5.6%, similar to the CAGR the U.S. pet industry is expected to experience from 2020 to 2025: 5.3%.
In addition, the pet industry saw $109.5 million in sales in 2021, an increase of almost $5 million from 2020, when sales were at $103.6 million.

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