Startups Disrupting the $60 Billion U.S. Pet Industry

CBInsights_pet

American Pet Products Association:
In 2015, it estimated that $60.59 billion will be spent on our pets in the U.S.

Estimated Breakdown:
Food                                                             $23.04 billion
Supplies/OTC Medicine                           $14.39 billion
Vet Care                                                       $15.73 billion
Live animal purchases                             $2.19 billion
Pet Services: grooming & boarding       $5.24 billion

CB Insights:

Many pet startups are targeting the pet-store chains’ range of pet service offerings, including dog training, day services (including dog walking), and boarding… The graphic [above] shows the home page of PetSmart’s own website and startups that are building businesses to meet some of the same needs. In total, these pet-centric startups have raised just over $128 million in funding.

Several of these startups including Barkbox, Chewy.com, and Petflow.com sell physical pet goods including treats, feeders, and toys. Dog boarding marketplaces including DogVacay and Rover.com have raised tens of millions from venture firms including Benchmark, Andreessen Horowitz, and Menlo Ventures.

About GilPress

I'm Managing Partner at gPress, a marketing, publishing, research and education consultancy. Also a Senior Contributor forbes.com/sites/gilpress/. Previously, I held senior marketing and research management positions at NORC, DEC and EMC. Most recently, I was Senior Director, Thought Leadership Marketing at EMC, where I launched the Big Data conversation with the “How Much Information?” study (2000 with UC Berkeley) and the Digital Universe study (2007 with IDC). Twitter: @GilPress
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